WINTON GROUP Ltd acquired a new stake in shares of Tailored Brands Inc (NYSE:TLRD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,748 shares of the company’s stock, valued at approximately $249,000.
A number of other large investors have also bought and sold shares of the stock. Wolverine Asset Management LLC lifted its stake in Tailored Brands by 18.9% during the second quarter. Wolverine Asset Management LLC now owns 127,346 shares of the company’s stock worth $3,249,000 after purchasing an additional 20,201 shares during the last quarter. James Investment Research Inc. bought a new stake in Tailored Brands during the second quarter worth about $3,309,000. Hartford Investment Management Co. bought a new stake in Tailored Brands during the second quarter worth about $305,000. Affinity Investment Advisors LLC bought a new stake in Tailored Brands during the second quarter worth about $318,000. Finally, American Century Companies Inc. lifted its stake in Tailored Brands by 54.7% during the second quarter. American Century Companies Inc. now owns 545,555 shares of the company’s stock worth $13,923,000 after purchasing an additional 192,978 shares during the last quarter. 99.93% of the stock is owned by institutional investors.
In other news, Director David H. Edwab sold 15,000 shares of the business’s stock in a transaction dated Monday, September 17th. The stock was sold at an average price of $25.54, for a total value of $383,100.00. Following the completion of the sale, the director now owns 36,217 shares of the company’s stock, valued at approximately $924,982.18. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 2.40% of the company’s stock.
TLRD has been the subject of several research analyst reports. Zacks Investment Research lowered Tailored Brands from a “hold” rating to a “sell” rating in a research note on Wednesday, August 22nd. Deutsche Bank boosted their target price on Tailored Brands from $28.00 to $29.00 and gave the company a “hold” rating in a research note on Wednesday, August 29th. Finally, ValuEngine lowered Tailored Brands from a “hold” rating to a “sell” rating in a research note on Tuesday, October 2nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $27.00.
NYSE TLRD opened at $22.07 on Monday. Tailored Brands Inc has a 1-year low of $13.11 and a 1-year high of $35.94. The company has a debt-to-equity ratio of 120,737.00, a current ratio of 2.12 and a quick ratio of 0.46. The stock has a market capitalization of $1.26 billion, a PE ratio of 10.03, a P/E/G ratio of 0.63 and a beta of 1.75.
Tailored Brands (NYSE:TLRD) last released its earnings results on Wednesday, September 12th. The company reported $1.07 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.07. Tailored Brands had a negative return on equity of 933.71% and a net margin of 3.01%. The company had revenue of $823.00 million during the quarter, compared to analyst estimates of $828.36 million. During the same quarter in the previous year, the company posted $0.99 EPS. Tailored Brands’s revenue for the quarter was down 3.3% on a year-over-year basis. Equities research analysts forecast that Tailored Brands Inc will post 2.5 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 28th. Stockholders of record on Tuesday, December 18th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date is Monday, December 17th. Tailored Brands’s dividend payout ratio (DPR) is presently 32.73%.
Tailored Brands Company Profile
Tailored Brands, Inc operates as a specialty apparel retailer the United States, Puerto Rico, and Canada. It operates through two segments, Retail and Corporate Apparel. The Retail segment offers suits, suit separates, sport coats, slacks, formalwear, business casual, denim, sportswear, outerwear, dress shirts, shoes, and accessories for men.
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