Teachers Retirement System of The State of Kentucky maintained its position in Tailored Brands Inc (NASDAQ:TLRD) during the first quarter, Holdings Channel reports. The fund owned 16,100 shares of the company’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in Tailored Brands were worth $241,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of TLRD. Vanguard Group Inc. raised its position in Tailored Brands by 55.6% in the first quarter. Vanguard Group Inc. now owns 9,091,895 shares of the company’s stock worth $135,834,000 after buying an additional 3,248,995 shares in the last quarter. BlackRock Inc. raised its position in Tailored Brands by 45,196.0% in the first quarter. BlackRock Inc. now owns 5,844,539 shares of the company’s stock worth $87,319,000 after buying an additional 5,831,636 shares in the last quarter. Park West Asset Management LLC raised its position in Tailored Brands by 139.5% in the first quarter. Park West Asset Management LLC now owns 1,995,876 shares of the company’s stock worth $29,818,000 after buying an additional 1,162,401 shares in the last quarter. Morgan Stanley raised its position in Tailored Brands by 9.3% in the first quarter. Morgan Stanley now owns 1,824,744 shares of the company’s stock worth $27,261,000 after buying an additional 155,370 shares in the last quarter. Finally, Frontier Capital Management Co. LLC raised its position in Tailored Brands by 14.7% in the first quarter. Frontier Capital Management Co. LLC now owns 1,561,376 shares of the company’s stock worth $23,327,000 after buying an additional 200,088 shares in the last quarter.

Shares of Tailored Brands Inc (TLRD) traded down 0.70% during midday trading on Friday, hitting $11.31. 385,456 shares of the company’s stock were exchanged. The company has a 50-day moving average of $11.46 and a 200-day moving average of $14.47. Tailored Brands Inc has a 52 week low of $9.40 and a 52 week high of $28.76. The firm has a market cap of $554.73 million and a price-to-earnings ratio of 21.92.

Tailored Brands (NASDAQ:TLRD) last posted its quarterly earnings results on Friday, June 9th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.08. The firm had revenue of $782.90 million for the quarter, compared to the consensus estimate of $793.27 million. During the same period last year, the company posted $0.29 earnings per share. The business’s revenue was down 5.5% compared to the same quarter last year. Equities research analysts expect that Tailored Brands Inc will post $1.79 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Shareholders of record on Tuesday, September 12th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 6.32%. The ex-dividend date is Monday, September 11th.

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TLRD has been the subject of a number of recent analyst reports. TheStreet raised shares of Tailored Brands from a “d+” rating to a “c-” rating in a research note on Wednesday, June 7th. Deutsche Bank AG lifted their target price on shares of Tailored Brands from $20.00 to $21.00 and gave the company a “hold” rating in a research note on Friday, May 5th. ValuEngine lowered shares of Tailored Brands from a “buy” rating to a “hold” rating in a research note on Saturday, June 24th. Jefferies Group LLC reissued a “hold” rating and set a $14.00 target price on shares of Tailored Brands in a research note on Friday, May 5th. Finally, Cowen and Company decreased their target price on shares of Tailored Brands from $23.00 to $12.00 and set a “market perform” rating for the company in a research note on Friday, June 9th. Seven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $17.00.

In other news, CFO Jack Calandra purchased 10,000 shares of the company’s stock in a transaction on Wednesday, June 21st. The shares were purchased at an average cost of $9.50 per share, with a total value of $95,000.00. Following the completion of the transaction, the chief financial officer now owns 31,026 shares of the company’s stock, valued at approximately $294,747. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Dinesh S. Lathi sold 3,200 shares of the company’s stock in a transaction on Thursday, June 29th. The stock was sold at an average price of $10.86, for a total transaction of $34,752.00. Following the sale, the director now directly owns 22,757 shares in the company, valued at $247,141.02. The disclosure for this sale can be found here.

About Tailored Brands

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.

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Institutional Ownership by Quarter for Tailored Brands (NASDAQ:TLRD)

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