Tilly's Inc (NYSE:TLYS) – B. Riley boosted their FY2019 earnings estimates for shares of Tilly's in a research report issued on Tuesday. B. Riley analyst J. Van. Sinderen now expects that the specialty retailer will post earnings per share of $0.82 for the year, up from their previous forecast of $0.81. B. Riley currently has a “Buy” rating and a $17.00 price target on the stock. B. Riley also issued estimates for Tilly's’ FY2020 earnings at $0.89 EPS.
A number of other equities analysts have also recently issued reports on the company. Zacks Investment Research cut Tilly's from a “buy” rating to a “hold” rating in a report on Friday, March 9th. Roth Capital set a $17.00 target price on Tilly's and gave the stock a “buy” rating in a report on Friday, December 1st. Finally, ValuEngine upgraded Tilly's from a “hold” rating to a “buy” rating in a report on Thursday, November 30th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $15.50.
The firm also recently declared a dividend, which was paid on Tuesday, February 20th. Stockholders of record on Friday, February 9th were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Thursday, February 8th. This represents a dividend yield of 0.0689179875947622%.
In other news, insider Hezy Shaked sold 30,000 shares of Tilly's stock in a transaction on Monday, February 12th. The stock was sold at an average price of $13.35, for a total transaction of $400,500.00. The sale was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Tilly Levine sold 20,000 shares of Tilly's stock in a transaction on Friday, December 15th. The shares were sold at an average price of $14.98, for a total value of $299,600.00. 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 quarter. 50.12% of the stock is currently owned by corporate insiders.
Hedge funds have recently modified their holdings of the company. First Trust Advisors LP purchased a new position in shares of Tilly's during the third quarter valued at $122,000. The Manufacturers Life Insurance Company grew its holdings in shares of Tilly's by 1,159.3% during the fourth quarter. The Manufacturers Life Insurance Company now owns 10,855 shares of the specialty retailer’s stock valued at $160,000 after buying an additional 9,993 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Tilly's by 74.7% during the third quarter. Wells Fargo & Company MN now owns 12,080 shares of the specialty retailer’s stock valued at $133,000 after buying an additional 5,167 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. purchased a new position in shares of Tilly's during the third quarter valued at $151,000. Finally, Ellington Management Group LLC purchased a new position in shares of Tilly's during the fourth quarter valued at $214,000. Institutional investors and hedge funds own 46.87% of the company’s stock.
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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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