EAM Investors LLC purchased a new stake in shares of Tilly’s Inc (NYSE:TLYS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 57,581 shares of the specialty retailer’s stock, valued at approximately $1,091,000. EAM Investors LLC owned 0.20% of Tilly’s at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Emerald Mutual Fund Advisers Trust increased its stake in Tilly’s by 0.5% in the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 647,110 shares of the specialty retailer’s stock valued at $12,263,000 after buying an additional 3,200 shares during the period. James Investment Research Inc. increased its stake in Tilly’s by 2.6% in the 3rd quarter. James Investment Research Inc. now owns 161,080 shares of the specialty retailer’s stock valued at $3,052,000 after buying an additional 4,055 shares during the period. Harvest Fund Management Co. Ltd acquired a new position in Tilly’s in the 3rd quarter valued at approximately $138,000. Bank of New York Mellon Corp increased its stake in Tilly’s by 5.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 160,316 shares of the specialty retailer’s stock valued at $2,430,000 after buying an additional 7,713 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its stake in Tilly’s by 10.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 87,753 shares of the specialty retailer’s stock valued at $1,330,000 after buying an additional 8,300 shares during the period. Institutional investors and hedge funds own 57.08% of the company’s stock.

In other news, major shareholder Tilly Levine sold 1,982,178 shares of the stock in a transaction on Tuesday, September 11th. The shares were sold at an average price of $18.50, for a total transaction of $36,670,293.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Hezy Shaked sold 20,000 shares of the stock in a transaction on Friday, August 31st. The stock was sold at an average price of $21.95, for a total transaction of $439,000.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 5,413,521 shares of company stock worth $100,222,814. 48.26% of the stock is currently owned by company insiders.

Several research analysts have weighed in on TLYS shares. Bank of America started coverage on shares of Tilly’s in a research note on Wednesday, October 24th. They issued a “buy” rating and a $20.00 price objective on the stock. ValuEngine lowered shares of Tilly’s from a “buy” rating to a “hold” rating in a research note on Tuesday. Pivotal Research set a $21.00 price objective on shares of Tilly’s and gave the company a “buy” rating in a research note on Sunday, September 2nd. B. Riley upped their price objective on shares of Tilly’s from $17.00 to $26.00 and gave the company a “buy” rating in a research note on Tuesday, September 4th. Finally, Zacks Investment Research lowered shares of Tilly’s from a “hold” rating to a “sell” rating in a research note on Saturday, November 17th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. Tilly’s presently has a consensus rating of “Hold” and a consensus price target of $22.40.

Tilly’s stock opened at $15.33 on Thursday. Tilly’s Inc has a twelve month low of $10.72 and a twelve month high of $25.46. The company has a market capitalization of $446.95 million, a price-to-earnings ratio of 23.58, a P/E/G ratio of 1.57 and a beta of 0.13.

Tilly’s (NYSE:TLYS) last announced its quarterly earnings results on Wednesday, August 29th. The specialty retailer reported $0.29 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.03. Tilly’s had a net margin of 4.41% and a return on equity of 15.08%. The company had revenue of $157.41 million for the quarter, compared to analyst estimates of $155.30 million. During the same quarter in the prior year, the business posted ($0.11) EPS. Tilly’s’s quarterly revenue was up 13.4% on a year-over-year basis. Equities research analysts expect that Tilly’s Inc will post 0.89 earnings per share for the current year.

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About Tilly’s

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.

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Institutional Ownership by Quarter for Tilly`s (NYSE:TLYS)

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