Tilly's Inc (NYSE:TLYS) – Analysts at William Blair cut their Q2 2019 earnings per share estimates for shares of Tilly's in a research note issued on Tuesday. William Blair analyst S. Zackfia now anticipates that the specialty retailer will post earnings of $0.10 per share for the quarter, down from their prior estimate of $0.14. William Blair also issued estimates for Tilly's’ Q4 2019 earnings at $0.30 EPS and FY2019 earnings at $0.78 EPS.
A number of other brokerages also recently issued reports on TLYS. ValuEngine upgraded Tilly's from a “hold” rating to a “buy” rating in a research report on Thursday, November 30th. Roth Capital set a $17.00 price target on Tilly's and gave the company a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research upgraded Tilly's from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Tuesday, December 5th. Finally, B. Riley restated a “buy” rating and set a $17.00 price target (up previously from $15.00) on shares of Tilly's in a research report on Friday, January 26th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Tilly's presently has an average rating of “Buy” and an average price target of $15.50.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its holdings in shares of Tilly's by 7.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,159,994 shares of the specialty retailer’s stock worth $11,774,000 after buying an additional 81,276 shares during the period. Chicago Equity Partners LLC purchased a new position in shares of Tilly's in the fourth quarter worth about $485,000. Acadian Asset Management LLC increased its holdings in shares of Tilly's by 45.5% in the fourth quarter. Acadian Asset Management LLC now owns 357,473 shares of the specialty retailer’s stock worth $5,274,000 after buying an additional 111,829 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Tilly's by 5,223.4% in the third quarter. JPMorgan Chase & Co. now owns 28,640 shares of the specialty retailer’s stock worth $342,000 after buying an additional 28,102 shares during the period. Finally, California Public Employees Retirement System increased its holdings in shares of Tilly's by 29.1% in the second quarter. California Public Employees Retirement System now owns 57,600 shares of the specialty retailer’s stock worth $585,000 after buying an additional 13,000 shares during the period. Hedge funds and other institutional investors own 46.87% of the company’s stock.
In other news, major shareholder Tilly Levine sold 10,000 shares of Tilly's stock in a transaction dated Wednesday, December 27th. The stock was sold at an average price of $15.45, for a total value of $154,500.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Hezy Shaked sold 30,000 shares of Tilly's stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $13.35, for a total value of $400,500.00. The disclosure for this sale can be found here. Insiders have sold 240,000 shares of company stock worth $3,385,300 in the last 90 days. Company insiders own 50.12% of the company’s stock.
The company also recently declared a dividend, which was paid on Tuesday, February 20th. Shareholders of record on Friday, February 9th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Thursday, February 8th. This represents a yield of 0.0689179875947622%.
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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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