Tailored Brands, Inc. (TLRD) Shares Bought by Aperio Group LLC
Aperio Group LLC increased its holdings in shares of Tailored Brands, Inc. (NYSE:TLRD) by 35.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,329 shares of the company’s stock after purchasing an additional 5,621 shares during the quarter. Aperio Group LLC’s holdings in Tailored Brands were worth $308,000 as of its most recent filing with the SEC.
A number of other large investors have also recently modified their holdings of the business. State of Alaska Department of Revenue grew its position in shares of Tailored Brands by 80.0% during the second quarter. State of Alaska Department of Revenue now owns 9,683 shares of the company’s stock worth $108,000 after buying an additional 4,303 shares in the last quarter. Financial Engines Advisors L.L.C. grew its position in shares of Tailored Brands by 192,760.0% during the second quarter. Financial Engines Advisors L.L.C. now owns 9,643 shares of the company’s stock worth $108,000 after buying an additional 9,638 shares in the last quarter. Piedmont Investment Advisors LLC acquired a new stake in shares of Tailored Brands during the second quarter worth approximately $118,000. Municipal Employees Retirement System of Michigan grew its position in shares of Tailored Brands by 4.0% during the second quarter. Municipal Employees Retirement System of Michigan now owns 11,590 shares of the company’s stock worth $129,000 after buying an additional 450 shares in the last quarter. Finally, GSA Capital Partners LLP grew its position in shares of Tailored Brands by 19.3% during the second quarter. GSA Capital Partners LLP now owns 12,700 shares of the company’s stock worth $142,000 after buying an additional 2,053 shares in the last quarter.
Tailored Brands, Inc. (NYSE TLRD) traded down $0.32 during mid-day trading on Monday, reaching $15.94. The company’s stock had a trading volume of 436,500 shares, compared to its average volume of 1,523,570. The company has a debt-to-equity ratio of -32.83, a current ratio of 2.74 and a quick ratio of 0.56. The company has a market capitalization of $784.17, a PE ratio of 8.39, a price-to-earnings-growth ratio of 0.53 and a beta of 1.87. Tailored Brands, Inc. has a 12 month low of $9.40 and a 12 month high of $28.76.
Tailored Brands (NYSE:TLRD) last posted its earnings results on Thursday, September 7th. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.26. The company had revenue of $851.00 million for the quarter, compared to analysts’ expectations of $868.22 million. Tailored Brands had a negative return on equity of 108.13% and a net margin of 1.79%. The firm’s quarterly revenue was down 6.5% compared to the same quarter last year. During the same period last year, the business posted $0.99 earnings per share. analysts predict that Tailored Brands, Inc. will post 1.82 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Tuesday, December 12th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date of this dividend is Monday, December 11th. Tailored Brands’s payout ratio is 60.50%.
A number of analysts have recently weighed in on the stock. BidaskClub downgraded shares of Tailored Brands from a “buy” rating to a “hold” rating in a research report on Thursday, October 12th. Jefferies Group LLC reissued a “hold” rating and set a $13.00 price target (up previously from $12.00) on shares of Tailored Brands in a research report on Friday, September 8th. FBR & Co restated a “buy” rating and set a $16.00 price objective on shares of Tailored Brands in a research note on Thursday, September 21st. ValuEngine cut Tailored Brands from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, B. Riley restated a “buy” rating on shares of Tailored Brands in a research note on Wednesday, November 1st. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $16.86.
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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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