Wedge Capital Management L L P NC decreased its holdings in shares of Tailored Brands Inc (NYSE:TLRD) by 22.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 18,471 shares of the company’s stock after selling 5,289 shares during the period. Wedge Capital Management L L P NC’s holdings in Tailored Brands were worth $403,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. UBS Asset Management Americas Inc. raised its holdings in Tailored Brands by 7.4% during the second quarter. UBS Asset Management Americas Inc. now owns 14,599 shares of the company’s stock worth $163,000 after buying an additional 1,000 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in Tailored Brands by 3.3% during the second quarter. The Manufacturers Life Insurance Company now owns 39,160 shares of the company’s stock worth $437,000 after buying an additional 1,249 shares during the last quarter. TIAA CREF Investment Management LLC raised its holdings in Tailored Brands by 1.4% during the second quarter. TIAA CREF Investment Management LLC now owns 132,571 shares of the company’s stock worth $1,479,000 after buying an additional 1,892 shares during the last quarter. Thrivent Financial For Lutherans raised its holdings in Tailored Brands by 6.9% during the second quarter. Thrivent Financial For Lutherans now owns 29,640 shares of the company’s stock worth $331,000 after buying an additional 1,910 shares during the last quarter. Finally, GSA Capital Partners LLP raised its holdings in Tailored Brands by 19.3% during the second quarter. GSA Capital Partners LLP now owns 12,700 shares of the company’s stock worth $142,000 after buying an additional 2,053 shares during the last quarter.

Several research firms have weighed in on TLRD. Zacks Investment Research downgraded shares of Tailored Brands from a “buy” rating to a “hold” rating in a report on Wednesday. ValuEngine downgraded shares of Tailored Brands from a “buy” rating to a “hold” rating in a report on Saturday, February 3rd. B. Riley restated a “buy” rating on shares of Tailored Brands in a report on Wednesday, November 1st. Finally, BidaskClub upgraded shares of Tailored Brands from a “hold” rating to a “buy” rating in a report on Wednesday, October 25th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $17.71.

Shares of Tailored Brands Inc (NYSE TLRD) opened at $21.91 on Friday. Tailored Brands Inc has a one year low of $9.40 and a one year high of $26.03. The company has a quick ratio of 0.52, a current ratio of 2.48 and a debt-to-equity ratio of -97.85. The stock has a market cap of $1,116.34, a price-to-earnings ratio of 16.11, a PEG ratio of 0.62 and a beta of 1.99.

Tailored Brands (NYSE:TLRD) last posted its earnings results on Wednesday, December 6th. The company reported $0.75 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.21. Tailored Brands had a net margin of 2.07% and a negative return on equity of 137.16%. The firm had revenue of $810.80 million during the quarter, compared to analyst estimates of $807.51 million. During the same quarter in the prior year, the business posted $0.68 EPS. The business’s revenue was down 4.3% compared to the same quarter last year. research analysts expect that Tailored Brands Inc will post 2.09 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Monday, March 19th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Friday, March 16th. This represents a $0.72 annualized dividend and a dividend yield of 3.29%. Tailored Brands’s payout ratio is 52.94%.

In other news, Director William B. Sechrest sold 1,286 shares of the company’s stock in a transaction on Tuesday, December 26th. The shares were sold at an average price of $23.18, for a total value of $29,809.48. Following the completion of the sale, 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 accessible through this hyperlink. Corporate insiders own 2.00% of the company’s stock.

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Tailored Brands 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.

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

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