Petrus Trust Company Lta buys $8,532,360 stake in Lands' End (LE)

Lands' End (LE) : Petrus Trust Company Lta scooped up 61,200 additional shares in Lands' End during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 493,200 shares of Lands' End which is valued at $8,532,360.Lands' End makes up approximately 1.84% of Petrus Trust Company Lta’s portfolio.

Other Hedge Funds, Including , Paloma Partners Management Co boosted its stake in LE in the latest quarter, The investment management firm added 3,576 additional shares and now holds a total of 15,831 shares of Lands' End which is valued at $273,876. Lands' End makes up approx 0.01% of Paloma Partners Management Co’s portfolio.Geode Capital Management boosted its stake in LE in the latest quarter, The investment management firm added 1,325 additional shares and now holds a total of 124,487 shares of Lands' End which is valued at $2,147,401.Dimensional Fund Advisors Lp reduced its stake in LE by selling 3,483 shares or 2.55% in the most recent quarter. The Hedge Fund company now holds 133,065 shares of LE which is valued at $2,295,371.Teachers Advisors boosted its stake in LE in the latest quarter, The investment management firm added 359 additional shares and now holds a total of 43,778 shares of Lands' End which is valued at $707,015.

Lands' End opened for trading at $17.9 and hit $18.85 on the upside on Monday, eventually ending the session at $18.45, with a gain of 3.07% or 0.55 points. The heightened volatility saw the trading volume jump to 1,67,124 shares. Company has a market cap of $591 M.

On the company’s financial health, Lands' End reported $-0.06 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Sep 1, 2016. Analyst had a consensus of $-0.02. The company had revenue of $292.00 million for the quarter, compared to analysts expectations of $292.25 million. The company’s revenue was down -6.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.23 EPS.

Many Wall Street Analysts have commented on Lands' End. Lands' End was Downgraded by CL King to ” Neutral” on Sep 26, 2016.

Lands’ End Inc. (Lands’ End) is a multi-channel retailer of casual clothing accessories and footwear as well as home products. The Company operates through two business segments: Direct and Retail. The Direct segment sells products through the Company’s e-commerce Websites such as www.landsend.com; international Websites and direct mail catalogs. The Retail segment sells products and services through Lands’ End Shops at Sears across the United States the Company’s standalone Lands’ End Inlet stores and international shop-in-shops. The Company’s product categories include Apparel and Non-apparel. The Non-apparel category offers accessories footwear and home goods. The Company also offers embroidery monogramming gift wrapping shipping and other services.

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