Federated Investors Inc. PA increased its position in Tailored Brands Inc (NYSE:TLRD) by 64.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 249,967 shares of the company’s stock after acquiring an additional 97,903 shares during the period. Federated Investors Inc. PA’s holdings in Tailored Brands were worth $6,379,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of TLRD. BlackRock Inc. grew its holdings in shares of Tailored Brands by 9.3% in the second quarter. BlackRock Inc. now owns 6,818,982 shares of the company’s stock worth $174,019,000 after acquiring an additional 577,425 shares during the period. WBI Investments Inc. lifted its position in Tailored Brands by 1,933.9% during the first quarter. WBI Investments Inc. now owns 602,955 shares of the company’s stock valued at $15,110,000 after purchasing an additional 573,310 shares in the last quarter. Spark Investment Management LLC purchased a new position in Tailored Brands during the second quarter valued at $10,320,000. Dimensional Fund Advisors LP lifted its position in Tailored Brands by 32.1% during the first quarter. Dimensional Fund Advisors LP now owns 960,616 shares of the company’s stock valued at $24,073,000 after purchasing an additional 233,582 shares in the last quarter. Finally, Mackay Shields LLC purchased a new position in Tailored Brands during the first quarter valued at $5,112,000. 99.93% of the stock is owned by institutional investors.

In related news, Director Dinesh S. Lathi sold 3,000 shares of Tailored Brands stock in a transaction on Wednesday, June 20th. The stock was sold at an average price of $27.09, for a total transaction of $81,270.00. Following the transaction, the director now directly owns 19,757 shares in the company, valued at $535,217.13. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.40% of the stock is currently owned by insiders.

Several research firms recently weighed in on TLRD. ValuEngine upgraded Tailored Brands from a “hold” rating to a “buy” rating in a research report on Monday, May 14th. Zacks Investment Research downgraded Tailored Brands from a “buy” rating to a “hold” rating in a research report on Tuesday, May 29th. Jefferies Financial Group upgraded Tailored Brands from a “hold” rating to a “buy” rating in a research report on Monday, May 14th. Finally, Deutsche Bank lifted their target price on Tailored Brands from $28.00 to $29.00 and gave the company a “hold” rating in a research report on Wednesday, August 29th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Tailored Brands presently has a consensus rating of “Buy” and an average target price of $23.33.

NYSE TLRD opened at $22.61 on Monday. The firm has a market cap of $1.13 billion, a P/E ratio of 10.28, a P/E/G ratio of 0.57 and a beta of 1.71. The company has a current ratio of 1.97, a quick ratio of 0.45 and a debt-to-equity ratio of -34.32. Tailored Brands Inc has a fifty-two week low of $12.04 and a fifty-two week high of $35.94.

Tailored Brands (NYSE:TLRD) last released its earnings results on Wednesday, June 13th. The company reported $0.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.02. The company had revenue of $818.00 million for the quarter, compared to the consensus estimate of $794.05 million. Tailored Brands had a negative return on equity of 488.59% and a net margin of 3.26%. Tailored Brands’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.27 earnings per share. equities research analysts anticipate that Tailored Brands Inc will post 2.5 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Tuesday, September 18th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, September 17th. This represents a $0.72 annualized dividend and a yield of 3.18%. Tailored Brands’s dividend payout ratio (DPR) is presently 32.73%.

Tailored Brands Company Profile

Tailored Brands, Inc operates as a specialty apparel retailer the United States, Puerto Rico, and Canada. It operates through two segments, Retail and Corporate Apparel. The Retail segment offers suits, suit separates, sport coats, slacks, formalwear, business casual, denim, sportswear, outerwear, dress shirts, shoes, and accessories for men.

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

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