Hodges Capital Management Inc. lessened its holdings in Tilly’s Inc (NYSE:TLYS) by 79.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,000 shares of the specialty retailer’s stock after selling 190,000 shares during the period. Hodges Capital Management Inc.’s holdings in Tilly’s were worth $556,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also made changes to their positions in the stock. Divisar Capital Management LLC increased its stake in Tilly’s by 270.9% during the 4th quarter. Divisar Capital Management LLC now owns 1,042,846 shares of the specialty retailer’s stock worth $11,325,000 after buying an additional 761,710 shares in the last quarter. BlackRock Inc. increased its stake in Tilly’s by 66.0% during the 4th quarter. BlackRock Inc. now owns 1,533,326 shares of the specialty retailer’s stock worth $16,652,000 after buying an additional 609,429 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Tilly’s by 23,687.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 608,482 shares of the specialty retailer’s stock worth $11,530,000 after buying an additional 605,924 shares in the last quarter. Vanguard Group Inc. increased its stake in Tilly’s by 84.7% during the 3rd quarter. Vanguard Group Inc. now owns 1,095,583 shares of the specialty retailer’s stock worth $20,761,000 after buying an additional 502,560 shares in the last quarter. Finally, Vanguard Group Inc increased its stake in Tilly’s by 84.7% during the 3rd quarter. Vanguard Group Inc now owns 1,095,583 shares of the specialty retailer’s stock worth $20,761,000 after buying an additional 502,560 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.
Several research firms have commented on TLYS. Zacks Investment Research upgraded Tilly’s from a “sell” rating to a “hold” rating in a research note on Wednesday, March 27th. ValuEngine upgraded Tilly’s from a “sell” rating to a “hold” rating in a research note on Tuesday, March 19th. Finally, Pivotal Research reiterated a “buy” rating and set a $14.00 price objective on shares of Tilly’s in a research note on Monday, March 11th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $18.40.
In related news, CFO Michael Henry bought 4,705 shares of the stock in a transaction dated Thursday, April 4th. The shares were acquired at an average cost of $11.08 per share, for a total transaction of $52,131.40. Following the acquisition, the chief financial officer now directly owns 21,495 shares in the company, valued at approximately $238,164.60. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jon Kubo sold 12,500 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $11.55, for a total value of $144,375.00. Following the transaction, the insider now owns 12,500 shares in the company, valued at $144,375. The disclosure for this sale can be found here. Insiders own 48.26% of the company’s stock.
Shares of Tilly’s stock opened at $11.32 on Wednesday. The company has a market cap of $327.45 million, a PE ratio of 14.15, a P/E/G ratio of 1.18 and a beta of 0.36. Tilly’s Inc has a 1-year low of $10.19 and a 1-year high of $25.46.
Tilly’s (NYSE:TLYS) last issued its earnings results on Thursday, March 14th. The specialty retailer reported $0.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.02. The business had revenue of $170.60 million for the quarter, compared to analysts’ expectations of $169.01 million. Tilly’s had a return on equity of 14.59% and a net margin of 4.35%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.23 EPS. Research analysts predict that Tilly’s Inc will post 0.85 earnings per share for the current year.
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Tilly's, Inc retails casual apparel, footwear, and accessories for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, and dresses; and accessories merchandise comprises backpacks, hats, sunglasses, headphones, handbags, watches, jewelry, and others.
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