Clear Creek Financial Management LLC cut its stake in Tailored Brands Inc (NYSE:TLRD) by 2.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 103,530 shares of the company’s stock after selling 3,091 shares during the period. Clear Creek Financial Management LLC owned 0.21% of Tailored Brands worth $438,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Wedge Capital Management L L P NC raised its position in shares of Tailored Brands by 14.2% in the 4th quarter. Wedge Capital Management L L P NC now owns 29,965 shares of the company’s stock worth $124,000 after acquiring an additional 3,724 shares in the last quarter. JS Capital Management LLC acquired a new position in shares of Tailored Brands in the 3rd quarter valued at about $308,000. Millennium Management LLC boosted its position in shares of Tailored Brands by 126.5% during the 3rd quarter. Millennium Management LLC now owns 12,523 shares of the company’s stock valued at $55,000 after purchasing an additional 6,995 shares in the last quarter. Voloridge Investment Management LLC bought a new stake in shares of Tailored Brands during the 3rd quarter valued at about $1,103,000. Finally, JT Stratford LLC grew its stake in Tailored Brands by 86.8% during the third quarter. JT Stratford LLC now owns 153,061 shares of the company’s stock worth $673,000 after purchasing an additional 71,144 shares during the period. 85.41% of the stock is owned by institutional investors and hedge funds.
TLRD has been the subject of a number of research analyst reports. Zacks Investment Research downgraded Tailored Brands from a “buy” rating to a “hold” rating in a report on Saturday, December 14th. ValuEngine upgraded Tailored Brands from a “hold” rating to a “buy” rating in a report on Friday, January 3rd. Finally, B. Riley reduced their price objective on shares of Tailored Brands from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Thursday, December 12th.
NYSE TLRD traded up $0.18 on Friday, hitting $4.48. 5,000,163 shares of the company were exchanged, compared to its average volume of 2,686,145. The company has a market cap of $204.83 million, a PE ratio of 1.94 and a beta of 1.77. Tailored Brands Inc has a 12 month low of $3.70 and a 12 month high of $13.58. The stock has a fifty day moving average of $4.50 and a 200-day moving average of $4.85. The company has a current ratio of 1.36, a quick ratio of 0.19 and a debt-to-equity ratio of 418.48.
Tailored Brands (NYSE:TLRD) last issued its earnings results on Wednesday, December 11th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.10. The business had revenue of $729.50 million for the quarter, compared to analyst estimates of $715.43 million. Tailored Brands had a negative net margin of 1.36% and a negative return on equity of 427.30%. Tailored Brands’s revenue was down 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.01 earnings per share. On average, analysts expect that Tailored Brands Inc will post 1.02 earnings per share for the current year.
Tailored Brands 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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