Lands’ End, Inc. (NASDAQ:LE) Shares Purchased by American Century Companies Inc.

American Century Companies Inc. boosted its position in Lands’ End, Inc. (NASDAQ:LE) by 111.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 205,087 shares of the company’s stock after buying an additional 107,966 shares during the quarter. American Century Companies Inc. owned 0.65% of Lands’ End worth $2,787,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Gladius Capital Management LP bought a new stake in shares of Lands’ End in the 2nd quarter worth about $31,000. BNP Paribas Financial Markets increased its position in shares of Lands’ End by 65.0% in the 1st quarter. BNP Paribas Financial Markets now owns 6,999 shares of the company’s stock worth $76,000 after purchasing an additional 2,757 shares during 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 worth $163,000 after purchasing an additional 4,392 shares during the last quarter. Quadrature Capital Ltd bought a new stake in shares of Lands’ End in the 4th quarter worth about $175,000. Finally, Simplicity Wealth LLC bought a new stake in shares of Lands’ End in the 2nd quarter worth about $373,000. Institutional investors and hedge funds own 37.46% of the company’s stock.

Lands’ End Price Performance

Shares of NASDAQ:LE opened at $17.11 on Friday. The company has a quick ratio of 0.41, a current ratio of 1.64 and a debt-to-equity ratio of 1.10. Lands’ End, Inc. has a fifty-two week low of $5.98 and a fifty-two week high of $18.27. The firm has a 50-day simple moving average of $15.62 and a 200 day simple moving average of $13.90. The company has a market cap of $537.36 million, a PE ratio of -4.04 and a beta of 2.78.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Lands’ End from a “hold” rating to a “buy” rating in a research report on Friday, September 6th.

Lands’ End 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.