Divisar Capital Management LLC increased its position in shares of Tilly’s, Inc. (NYSE:TLYS) by 12.6% during the first quarter, Holdings Channel reports. The institutional investor owned 548,065 shares of the specialty retailer’s stock after buying an additional 61,527 shares during the period. Tilly’s accounts for about 2.7% of Divisar Capital Management LLC’s holdings, making the stock its 19th largest position. Divisar Capital Management LLC owned about 1.91% of Tilly’s worth $4,944,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the stock. Paradigm Capital Management Inc. NY boosted its stake in shares of Tilly’s by 3,149.8% in the first quarter. Paradigm Capital Management Inc. NY now owns 649,965 shares of the specialty retailer’s stock worth $5,862,000 after buying an additional 629,965 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Tilly’s by 33.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,078,718 shares of the specialty retailer’s stock worth $9,730,000 after buying an additional 270,024 shares during the last quarter. James Investment Research Inc. purchased a new position in Tilly’s during the first quarter worth about $2,244,000. Bogle Investment Management L P DE purchased a new position in Tilly’s during the fourth quarter worth about $2,488,000. Finally, Systematic Financial Management LP purchased a new position in Tilly’s during the first quarter worth about $1,240,000. Institutional investors and hedge funds own 43.04% of the company’s stock.
Tilly’s, Inc. (NYSE:TLYS) traded down 0.99% on Friday, reaching $10.03. The company had a trading volume of 195,914 shares. The company’s 50 day moving average price is $9.78 and its 200-day moving average price is $10.99. Tilly’s, Inc. has a 12 month low of $5.49 and a 12 month high of $15.29. The company has a market capitalization of $288.73 million, a price-to-earnings ratio of 20.55 and a beta of -0.43.
Tilly’s (NYSE:TLYS) last issued its quarterly earnings results on Tuesday, May 23rd. The specialty retailer reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.09. Tilly’s had a return on equity of 7.86% and a net margin of 2.46%. The business had revenue of $120.90 million for the quarter, compared to analyst estimates of $114.35 million. During the same quarter in the prior year, the firm posted ($0.06) earnings per share. The firm’s revenue for the quarter was up .6% compared to the same quarter last year. On average, equities analysts predict that Tilly’s, Inc. will post $0.45 earnings per share for the current fiscal year.
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A number of research analysts recently issued reports on TLYS shares. B. Riley reaffirmed a “buy” rating and set a $13.50 target price on shares of Tilly’s in a report on Tuesday, March 14th. Mizuho lowered their target price on Tilly’s from $12.00 to $10.00 and set a “neutral” rating on the stock in a report on Tuesday, March 14th. Zacks Investment Research lowered Tilly’s from a “hold” rating to a “sell” rating in a report on Friday, March 17th. Roth Capital set a $12.00 target price on Tilly’s and gave the stock a “buy” rating in a report on Wednesday, May 24th. Finally, ValuEngine raised Tilly’s from a “hold” rating to a “buy” rating in a report on Thursday, May 25th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $10.86.
In related news, major shareholder Tilly Levine sold 20,000 shares of the company’s stock in a transaction dated Wednesday, June 7th. The stock was sold at an average price of $10.23, for a total value of $204,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Hezy Shaked sold 30,000 shares of the company’s stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $10.62, for a total value of $318,600.00. The disclosure for this sale can be found here. Insiders sold 210,000 shares of company stock valued at $1,972,200 in the last quarter. 53.41% of the stock is currently owned by corporate insiders.
Tilly’s Company Profile
Tilly’s, Inc is a destination specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls. The Company offers an unparalleled selection of relevant brands, styles, colors, sizes and price points. The Company’s apparel merchandise includes branded, fashion and styles for tops, outerwear, bottoms and dresses.
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