Tilly’s Inc (TLYS) Position Decreased by Hodges Capital Management Inc.

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 Profile

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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Institutional Ownership by Quarter for Tilly`s (NYSE:TLYS)

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