Algert Global LLC decreased its stake in Tilly’s, Inc. (NYSE:TLYS) by 81.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,169 shares of the specialty retailer’s stock after selling 126,183 shares during the period. Algert Global LLC’s holdings in Tilly’s were worth $286,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Nisa Investment Advisors LLC acquired a new stake in Tilly’s during the first quarter valued at $105,000. Airain ltd acquired a new stake in Tilly’s during the first quarter valued at $116,000. Highbridge Capital Management LLC acquired a new stake in Tilly’s during the fourth quarter valued at $236,000. O Shaughnessy Asset Management LLC raised its stake in Tilly’s by 47.6% in the first quarter. O Shaughnessy Asset Management LLC now owns 25,442 shares of the specialty retailer’s stock valued at $229,000 after buying an additional 8,200 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its stake in Tilly’s by 28.3% in the first quarter. Schwab Charles Investment Management Inc. now owns 39,827 shares of the specialty retailer’s stock valued at $360,000 after buying an additional 8,783 shares during the period. Hedge funds and other institutional investors own 39.94% of the company’s stock.

Shares of Tilly’s, Inc. (NYSE:TLYS) opened at 9.46 on Friday. The firm has a 50 day moving average of $10.06 and a 200 day moving average of $10.11. The firm has a market cap of $272.33 million, a price-to-earnings ratio of 19.39 and a beta of -0.43. Tilly’s, Inc. has a 52 week low of $6.17 and a 52 week high of $15.29.

Tilly’s (NYSE:TLYS) last issued its earnings results on Tuesday, May 23rd. The specialty retailer reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.09. Tilly’s had a net margin of 2.46% and a return on equity of 7.86%. The business had revenue of $120.90 million for the quarter, compared to analyst estimates of $114.35 million. During the same period in the previous year, the business earned ($0.06) EPS. The firm’s revenue was up .6% on a year-over-year basis. Equities analysts predict that Tilly’s, Inc. will post $0.45 earnings per share for the current fiscal year.

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Several equities research analysts recently weighed in on the stock. BidaskClub lowered shares of Tilly’s from a “buy” rating to a “hold” rating in a research note on Tuesday. B. Riley reiterated a “buy” rating and set a $12.00 price objective on shares of Tilly’s in a research note on Monday, May 29th. ValuEngine lowered shares of Tilly’s from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. Zacks Investment Research lowered shares of Tilly’s from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 26th. Finally, Roth Capital set a $12.00 price objective on shares of Tilly’s and gave the stock a “buy” rating in a research note on Wednesday, May 24th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $10.86.

In other news, major shareholder Tilly Levine sold 20,000 shares of Tilly’s stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $9.72, for a total transaction of $194,400.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Hezy Shaked sold 30,000 shares of Tilly’s stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $10.62, for a total transaction of $318,600.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 90,600 shares of company stock worth $919,606. 53.41% of the stock is owned by company insiders.

Tilly’s Company Profile

Tilly’s, Inc is a destination specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls. The Company offers an unparalleled selection of relevant brands, styles, colors, sizes and price points. The Company’s apparel merchandise includes branded, fashion and styles for tops, outerwear, bottoms and dresses.

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

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