Shares of Lands’ End, Inc. (NASDAQ:LE – Get Free Report) were up 3.8% during trading on Wednesday . The stock traded as high as $16.28 and last traded at $16.24. Approximately 19,842 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 101,430 shares. The stock had previously closed at $15.65.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of Lands’ End from a “hold” rating to a “buy” rating in a report on Friday, September 6th.
Check Out Our Latest Analysis on LE
Lands’ End Stock Performance
Hedge Funds Weigh In On Lands’ End
Large investors have recently made changes to their positions in the stock. Gladius Capital Management LP acquired a new stake in Lands’ End during the 2nd quarter worth approximately $31,000. BNP Paribas Financial Markets lifted its holdings in Lands’ End by 65.0% during the 1st quarter. BNP Paribas Financial Markets now owns 6,999 shares of the company’s stock worth $76,000 after buying an additional 2,757 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Lands’ End by 8.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 53,245 shares of the company’s stock worth $724,000 after buying an additional 4,334 shares in the last quarter. O Shaughnessy Asset Management LLC increased its position in shares of Lands’ End by 41.6% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 14,962 shares of the company’s stock valued at $163,000 after purchasing an additional 4,392 shares during the last quarter. Finally, Jump Financial LLC purchased a new stake in shares of Lands’ End in the 4th quarter valued at approximately $115,000. 37.46% of the stock is currently owned by institutional investors and hedge funds.
Lands’ End Company Profile
Lands' End, Inc operates as a digital retailer of casual clothing, swimwear, outerwear, accessories, footwear, and home products in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.
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