Tilly’s, Inc. (NYSE:TLYS) Shares Bought by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC raised its position in Tilly’s, Inc. (NYSE:TLYS) by 461.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,300 shares of the specialty retailer’s stock after acquiring an additional 6,000 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Tilly’s were worth $55,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. SG Americas Securities LLC purchased a new stake in shares of Tilly’s in the fourth quarter valued at about $91,000. Bank of New York Mellon Corp raised its position in shares of Tilly’s by 1.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 131,314 shares of the specialty retailer’s stock valued at $1,066,000 after purchasing an additional 1,985 shares in the last quarter. First Eagle Investment Management LLC raised its stake in shares of Tilly’s by 7.4% in the 4th quarter. First Eagle Investment Management LLC now owns 376,233 shares of the specialty retailer’s stock valued at $2,837,000 after purchasing an additional 26,081 shares in the last quarter. Finally, Pacific Ridge Capital Partners LLC increased its holdings in shares of Tilly’s by 5.3% in the 3rd quarter. Pacific Ridge Capital Partners LLC now owns 641,795 shares of the specialty retailer’s stock valued at $5,211,000 after acquiring an additional 32,384 shares during the last quarter. Institutional investors and hedge funds own 76.38% of the company’s stock.

Insider Buying and Selling at Tilly’s

In other Tilly’s news, major shareholder Fund 1 Investments, Llc purchased 56,778 shares of the firm’s stock in a transaction dated Friday, February 2nd. The stock was bought at an average cost of $7.51 per share, with a total value of $426,402.78. Following the purchase, the insider now directly owns 4,903,257 shares of the company’s stock, valued at $36,823,460.07. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Insiders have bought 297,820 shares of company stock valued at $2,169,804 in the last 90 days. 27.96% of the stock is currently owned by company insiders.

Tilly’s Stock Down 1.0 %

Tilly’s stock traded down $0.06 during mid-day trading on Monday, hitting $5.95. 25,030 shares of the company’s stock were exchanged, compared to its average volume of 86,227. Tilly’s, Inc. has a fifty-two week low of $5.34 and a fifty-two week high of $9.50. The firm has a market capitalization of $178.80 million, a P/E ratio of -5.13 and a beta of 1.58. The company’s 50 day simple moving average is $6.67 and its 200-day simple moving average is $7.40.

Tilly’s (NYSE:TLYS) last announced its quarterly earnings results on Thursday, March 14th. The specialty retailer reported ($0.17) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.05. Tilly’s had a negative net margin of 5.54% and a negative return on equity of 11.93%. The firm had revenue of $173.02 million for the quarter, compared to analyst estimates of $171.65 million. Research analysts expect that Tilly’s, Inc. will post -0.61 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently commented on TLYS. Roth Mkm dropped their target price on Tilly’s from $8.50 to $7.50 and set a “neutral” rating on the stock in a report on Friday, March 15th. StockNews.com raised Tilly’s from a “sell” rating to a “hold” rating in a research report on Friday, April 12th. Finally, B. Riley lowered their target price on Tilly’s from $8.75 to $8.25 and set a “neutral” rating on the stock in a report on Friday, March 15th. Four equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, Tilly’s has a consensus rating of “Hold” and an average price target of $7.88.

Tilly’s Company Profile

Tilly's, Inc operates as a specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, swim, and dresses; and accessories merchandise comprises backpacks, hydration bottles, hats, sunglasses, small electronics and accessories, handbags, watches, jewelry, and others.