Tilly’s (NYSE:TLYS) Given New $2.50 Price Target at Roth Mkm

Tilly’s (NYSE:TLYS) had its price objective cut by research analysts at Roth Mkm from $5.00 to $2.50 in a report issued on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the specialty retailer’s stock. Roth Mkm’s price target would suggest a potential upside of 9.89% from the stock’s current price.

Several other equities research analysts have also recently weighed in on TLYS. StockNews.com cut shares of Tilly’s from a “hold” rating to a “sell” rating in a research report on Monday, December 9th. B. Riley cut their price target on Tilly’s from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Friday, December 6th.

Tilly’s Stock Performance

Shares of NYSE:TLYS traded down $0.37 on Friday, hitting $2.28. The stock had a trading volume of 87,395 shares, compared to its average volume of 98,055. The company has a market capitalization of $68.60 million, a price-to-earnings ratio of -1.29 and a beta of 1.58. The firm’s 50 day moving average price is $4.00 and its 200-day moving average price is $4.22. Tilly’s has a twelve month low of $2.25 and a twelve month high of $7.07.

Institutional Investors Weigh In On Tilly’s

Several large investors have recently made changes to their positions in TLYS. Shay Capital LLC lifted its position in shares of Tilly’s by 8.4% in the fourth quarter. Shay Capital LLC now owns 2,279,000 shares of the specialty retailer’s stock valued at $9,686,000 after buying an additional 176,478 shares during the last quarter. Long Focus Capital Management LLC lifted its holdings in Tilly’s by 1.4% during the 4th quarter. Long Focus Capital Management LLC now owns 2,181,931 shares of the specialty retailer’s stock valued at $9,273,000 after purchasing an additional 30,000 shares during the last quarter. Nomura Holdings Inc. bought a new position in Tilly’s during the fourth quarter worth $2,184,000. Geode Capital Management LLC increased its holdings in shares of Tilly’s by 2.6% in the third quarter. Geode Capital Management LLC now owns 397,717 shares of the specialty retailer’s stock valued at $2,029,000 after purchasing an additional 10,258 shares during the last quarter. Finally, Nuveen Asset Management LLC boosted its holdings in shares of Tilly’s by 12.5% during the 4th quarter. Nuveen Asset Management LLC now owns 61,845 shares of the specialty retailer’s stock worth $263,000 after buying an additional 6,895 shares during the period. Institutional investors and hedge funds own 76.38% of the company’s stock.

Tilly’s Company Profile

Tilly’s, Inc engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.