1492 Capital Management LLC increased its position in shares of Tailored Brands Inc (NYSE:TLRD) by 21.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,074 shares of the company’s stock after acquiring an additional 13,508 shares during the period. Tailored Brands comprises 1.3% of 1492 Capital Management LLC’s investment portfolio, making the stock its 27th biggest position. 1492 Capital Management LLC owned approximately 0.16% of Tailored Brands worth $1,683,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of TLRD. Northern Trust Corp lifted its stake in Tailored Brands by 1.2% during the 2nd quarter. Northern Trust Corp now owns 609,408 shares of the company’s stock worth $6,801,000 after acquiring an additional 7,291 shares in the last quarter. State Street Corp lifted its stake in Tailored Brands by 12.1% during the 2nd quarter. State Street Corp now owns 1,609,301 shares of the company’s stock worth $17,960,000 after acquiring an additional 173,842 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Tailored Brands by 3.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 39,160 shares of the company’s stock worth $437,000 after acquiring an additional 1,249 shares in the last quarter. Nationwide Fund Advisors lifted its stake in Tailored Brands by 20.3% during the 3rd quarter. Nationwide Fund Advisors now owns 262,823 shares of the company’s stock worth $3,795,000 after acquiring an additional 44,423 shares in the last quarter. Finally, Aperio Group LLC lifted its stake in Tailored Brands by 35.8% during the 3rd quarter. Aperio Group LLC now owns 21,329 shares of the company’s stock worth $308,000 after acquiring an additional 5,621 shares in the last quarter.
In other news, Director William B. Sechrest sold 1,286 shares of the stock in a transaction dated Tuesday, December 26th. The stock was sold at an average price of $23.18, for a total value of $29,809.48. Following the transaction, the director now owns 39,098 shares in the company, valued at approximately $906,291.64. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 2.00% of the company’s stock.
Shares of Tailored Brands Inc (NYSE:TLRD) opened at $23.44 on Tuesday. The company has a current ratio of 2.48, a quick ratio of 0.52 and a debt-to-equity ratio of -97.85. Tailored Brands Inc has a 1-year low of $9.40 and a 1-year high of $26.03. The firm has a market capitalization of $1,150.00, a PE ratio of 17.24, a price-to-earnings-growth ratio of 0.64 and a beta of 1.93.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Monday, March 19th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, March 16th. This represents a $0.72 annualized dividend and a yield of 3.07%. Tailored Brands’s dividend payout ratio (DPR) is 52.94%.
WARNING: “Tailored Brands Inc (TLRD) Stake Boosted by 1492 Capital Management LLC” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this news story on another website, it was stolen and republished in violation of US & international copyright & trademark laws. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2018/03/13/tailored-brands-inc-tlrd-stake-boosted-by-1492-capital-management-llc.html.
Tailored Brands Company Profile
Tailored Brands, Inc is a holding company of The Men’s Wearhouse, Inc The Company is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product. It operates through two segments: Retail and Corporate Apparel.
Want to see what other hedge funds are holding TLRD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tailored Brands Inc (NYSE:TLRD).
Receive News & Ratings for Tailored Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tailored Brands and related companies with MarketBeat.com's FREE daily email newsletter.