Tailored Brands Inc (NASDAQ:TLRD) Shares Bought by Financial Engines Advisors L.L.C.
Financial Engines Advisors L.L.C. boosted its stake in Tailored Brands Inc (NASDAQ:TLRD) by 192,760.0% during the second quarter, Holdings Channel reports. The firm owned 9,643 shares of the company’s stock after buying an additional 9,638 shares during the period. Financial Engines Advisors L.L.C.’s holdings in Tailored Brands were worth $108,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Boston Partners boosted its position in shares of Tailored Brands by 1.8% in the second quarter. Boston Partners now owns 2,260,055 shares of the company’s stock valued at $25,222,000 after buying an additional 39,733 shares during the period. Schwab Charles Investment Management Inc. boosted its position in shares of Tailored Brands by 17.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 341,759 shares of the company’s stock valued at $3,815,000 after buying an additional 51,318 shares during the period. Canada Pension Plan Investment Board boosted its position in shares of Tailored Brands by 57.0% in the second quarter. Canada Pension Plan Investment Board now owns 284,700 shares of the company’s stock valued at $3,177,000 after buying an additional 103,400 shares during the period. Trexquant Investment LP purchased a new position in shares of Tailored Brands during the second quarter valued at about $205,000. Finally, Camelot Portfolios LLC boosted its position in shares of Tailored Brands by 78.0% in the second quarter. Camelot Portfolios LLC now owns 65,239 shares of the company’s stock valued at $728,000 after buying an additional 28,594 shares during the period.
Shares of Tailored Brands Inc (NASDAQ:TLRD) opened at 11.39 on Friday. The firm’s 50-day moving average price is $11.46 and its 200 day moving average price is $14.47. The company has a market cap of $558.66 million and a PE ratio of 22.07. Tailored Brands Inc has a 12 month low of $9.40 and a 12 month high of $28.76.
Tailored Brands (NASDAQ:TLRD) last issued its earnings results on Friday, June 9th. The company reported $0.27 EPS for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.08. The business had revenue of $782.90 million during the quarter, compared to analysts’ expectations of $793.27 million. During the same period in the prior year, the business posted $0.29 EPS. The business’s revenue was down 5.5% on a year-over-year basis. Equities research analysts anticipate that Tailored Brands Inc will post $1.79 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Tuesday, September 12th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 6.32%. The ex-dividend date of this dividend is Monday, September 11th.
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Several brokerages recently issued reports on TLRD. Zacks Investment Research cut Tailored Brands from a “buy” rating to a “hold” rating in a research note on Wednesday. FBR & Co reaffirmed an “outperform” rating and set a $16.00 target price on shares of Tailored Brands in a research report on Tuesday, July 11th. ValuEngine cut Tailored Brands from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Cowen and Company dropped their target price on Tailored Brands from $23.00 to $12.00 and set a “market perform” rating on the stock in a research report on Friday, June 9th. Finally, TheStreet raised Tailored Brands from a “d+” rating to a “c-” rating in a research report on Wednesday, June 7th. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Tailored Brands has an average rating of “Hold” and a consensus target price of $17.00.
In other news, Director Dinesh S. Lathi sold 3,200 shares of the firm’s stock in a transaction on Thursday, June 29th. The shares were sold at an average price of $10.86, for a total value of $34,752.00. Following the transaction, the director now owns 22,757 shares of the company’s stock, valued at approximately $247,141.02. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Jack Calandra bought 10,000 shares of the business’s stock in a transaction dated Wednesday, June 21st. The stock was acquired at an average cost of $9.50 per share, for a total transaction of $95,000.00. Following the purchase, the chief financial officer now owns 31,026 shares in the company, valued at approximately $294,747. The disclosure for this purchase can be found here.
Tailored Brands Company Profile
Tailored Brands, Inc is a holding company of The Men’s Wearhouse, Inc The Company is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product. It operates through two segments: Retail and Corporate Apparel.
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