Royal Bank of Canada trimmed its stake in shares of Tilly’s Inc (NYSE:TLYS) by 6.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 713,323 shares of the specialty retailer’s stock after selling 52,124 shares during the quarter. Royal Bank of Canada owned approximately 2.42% of Tilly’s worth $5,443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently bought and sold shares of TLYS. Public Employees Retirement System of Ohio bought a new stake in shares of Tilly’s in the 2nd quarter worth approximately $29,000. Meeder Asset Management Inc. purchased a new position in shares of Tilly’s in the 2nd quarter valued at approximately $42,000. SG Americas Securities LLC purchased a new position in shares of Tilly’s in the 2nd quarter valued at approximately $113,000. Jacobs Levy Equity Management Inc. purchased a new position in shares of Tilly’s in the 2nd quarter valued at approximately $115,000. Finally, Jefferies Group LLC purchased a new position in shares of Tilly’s in the 2nd quarter valued at approximately $137,000. Institutional investors and hedge funds own 69.82% of the company’s stock.
TLYS has been the subject of a number of research analyst reports. Pivotal Research restated a “buy” rating and issued a $12.00 target price on shares of Tilly’s in a research note on Thursday, August 29th. TheStreet cut Tilly’s from a “b-” rating to a “c+” rating in a research note on Tuesday, June 25th. Zacks Investment Research upgraded Tilly’s from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a research note on Saturday, September 7th. B. Riley set a $14.00 price objective on Tilly’s and gave the company a “buy” rating in a research note on Monday, August 26th. Finally, ValuEngine upgraded Tilly’s from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $14.40.
In other Tilly’s news, Director Bernard Zeichner sold 10,000 shares of Tilly’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $10.75, for a total value of $107,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 48.26% of the stock is currently owned by company insiders.
Shares of NYSE:TLYS opened at $9.91 on Friday. The stock has a fifty day simple moving average of $9.74 and a two-hundred day simple moving average of $9.52. The stock has a market capitalization of $282.45 million, a price-to-earnings ratio of 12.39, a PEG ratio of 1.04 and a beta of 0.53. Tilly’s Inc has a 12-month low of $7.62 and a 12-month high of $18.28. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 1.34.
Tilly’s (NYSE:TLYS) last announced its quarterly earnings data on Wednesday, August 28th. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.11. The business had revenue of $161.70 million during the quarter, compared to analysts’ expectations of $156.67 million. Tilly’s had a return on equity of 14.65% and a net margin of 4.11%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.29 earnings per share. As a group, equities research analysts predict that Tilly’s Inc will post 0.83 EPS for the current year.
Tilly's, Inc retails casual apparel, footwear, and accessories for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, and dresses; and accessories merchandise comprises backpacks, hats, sunglasses, headphones, handbags, watches, jewelry, and others.
Featured Article: Are sell-side analysts objective?
Receive News & Ratings for Tilly's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tilly's and related companies with MarketBeat.com's FREE daily email newsletter.