Citigroup Inc. raised its holdings in Tilly’s Inc (NYSE:TLYS) by 23.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,905 shares of the specialty retailer’s stock after acquiring an additional 929 shares during the quarter. Citigroup Inc.’s holdings in Tilly’s were worth $53,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in TLYS. Hodges Capital Management Inc. lifted its position in Tilly’s by 65.5% during the fourth quarter. Hodges Capital Management Inc. now owns 240,000 shares of the specialty retailer’s stock valued at $2,606,000 after purchasing an additional 95,000 shares during the last quarter. BlackRock Inc. lifted its position in Tilly’s by 66.0% during the fourth quarter. BlackRock Inc. now owns 1,533,326 shares of the specialty retailer’s stock valued at $16,652,000 after purchasing an additional 609,429 shares during the last quarter. California Public Employees Retirement System lifted its position in Tilly’s by 418.1% during the fourth quarter. California Public Employees Retirement System now owns 175,634 shares of the specialty retailer’s stock valued at $1,907,000 after purchasing an additional 141,736 shares during the last quarter. First Trust Advisors LP lifted its position in Tilly’s by 23.9% during the fourth quarter. First Trust Advisors LP now owns 38,819 shares of the specialty retailer’s stock valued at $422,000 after purchasing an additional 7,499 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust lifted its position in Tilly’s by 1.2% during the fourth quarter. Emerald Mutual Fund Advisers Trust now owns 655,110 shares of the specialty retailer’s stock valued at $7,114,000 after purchasing an additional 8,000 shares during the last quarter. Hedge funds and other institutional investors own 73.38% of the company’s stock.

TLYS stock opened at $11.08 on Wednesday. The company has a market cap of $329.52 million, a price-to-earnings ratio of 13.85, a price-to-earnings-growth ratio of 1.21 and a beta of 0.36. Tilly’s Inc has a one year low of $10.19 and a one year high of $25.46.

Tilly’s (NYSE:TLYS) last posted its quarterly earnings results on Thursday, March 14th. The specialty retailer reported $0.27 EPS for the quarter, topping the consensus estimate of $0.25 by $0.02. The firm had revenue of $170.60 million for the quarter, compared to the consensus estimate of $169.01 million. Tilly’s had a net margin of 4.35% and a return on equity of 14.59%. The business’s revenue was up 3.8% compared to the same quarter last year. During the same period last year, the firm posted $0.23 earnings per share. As a group, sell-side analysts predict that Tilly’s Inc will post 0.85 EPS for the current fiscal year.

In other news, CFO Michael Henry bought 4,705 shares of the firm’s stock in a transaction that occurred on Thursday, April 4th. The shares were bought at an average cost of $11.08 per share, with a total value of $52,131.40. Following the completion of the purchase, the chief financial officer now directly owns 21,495 shares in the company, valued at $238,164.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Jon Kubo sold 12,500 shares of Tilly’s stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $11.55, for a total transaction of $144,375.00. Following the completion of the transaction, the insider now directly owns 12,500 shares in the company, valued at $144,375. The disclosure for this sale can be found here. Company insiders own 48.26% of the company’s stock.

TLYS has been the subject of several research analyst reports. Pivotal Research reiterated a “buy” rating and set a $14.00 target price on shares of Tilly’s in a research report on Monday, March 11th. Zacks Investment Research lowered shares of Tilly’s from a “buy” rating to a “hold” rating in a research report on Saturday, March 9th. Finally, ValuEngine upgraded shares of Tilly’s from a “sell” rating to a “hold” rating in a research report on Tuesday, February 12th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $18.40.

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About Tilly’s

Tilly's, Inc retails casual apparel, footwear, and accessories for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, and dresses; and accessories merchandise comprises backpacks, hats, sunglasses, headphones, handbags, watches, jewelry, and others.

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Institutional Ownership by Quarter for Tilly`s (NYSE:TLYS)

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