Simplex Trading adds Lands' End (LE) to its portfolio

Lands' End (LE) : Simplex Trading added new position in Lands' End during the most recent quarter end. The investment management firm now holds 21,052 shares of Lands' End which is valued at $315,148 , the company said in a statement filed on Oct 7, 2016 with the SEC.Lands' End makes up approximately 0.04% of Simplex Trading’s portfolio.

Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa boosted its stake in LE in the latest quarter, The investment management firm added 619 additional shares and now holds a total of 1,476 shares of Lands' End which is valued at $22,302.

Lands' End closed down -0.03 points or -0.20% at $14.97 with 2,45,216 shares getting traded on Friday. Post opening the session at $15.1, the shares hit an intraday low of $14.9 and an intraday high of $15.1 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

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; 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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