New York State Common Retirement Fund Has $1.12 Million Position in Tailored Brands Inc (TLRD)

New York State Common Retirement Fund increased its position in Tailored Brands Inc (NYSE:TLRD) by 6.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 77,329 shares of the company’s stock after buying an additional 4,923 shares during the quarter. New York State Common Retirement Fund owned 0.16% of Tailored Brands worth $1,117,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of TLRD. Piedmont Investment Advisors LLC bought a new stake in Tailored Brands in the second quarter valued at $118,000. Municipal Employees Retirement System of Michigan boosted its holdings in Tailored Brands by 4.0% in the second quarter. Municipal Employees Retirement System of Michigan now owns 11,590 shares of the company’s stock valued at $129,000 after acquiring an additional 450 shares in the last quarter. GSA Capital Partners LLP boosted its holdings in Tailored Brands by 19.3% in the second quarter. GSA Capital Partners LLP now owns 12,700 shares of the company’s stock valued at $142,000 after acquiring an additional 2,053 shares in the last quarter. Frontier Wealth Management LLC bought a new stake in Tailored Brands in the second quarter valued at $153,000. Finally, UBS Asset Management Americas Inc. boosted its holdings in Tailored Brands by 7.4% in the second quarter. UBS Asset Management Americas Inc. now owns 14,599 shares of the company’s stock valued at $163,000 after acquiring an additional 1,000 shares in the last quarter.

Several research firms recently weighed in on TLRD. BidaskClub cut shares of Tailored Brands from a “buy” rating to a “hold” rating in a report on Thursday, October 12th. Jefferies Group reiterated a “hold” rating and issued a $13.00 price target (up previously from $12.00) on shares of Tailored Brands in a report on Friday, September 8th. FBR & Co reiterated a “buy” rating and issued a $16.00 price target on shares of Tailored Brands in a report on Thursday, September 21st. B. Riley reiterated a “buy” rating on shares of Tailored Brands in a report on Wednesday, November 1st. Finally, ValuEngine cut shares of Tailored Brands from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Tailored Brands currently has a consensus rating of “Buy” and an average price target of $17.71.

In other news, Director William B. Sechrest sold 1,286 shares of the business’s stock in a transaction on Tuesday, December 26th. The shares were sold at an average price of $23.18, for a total transaction of $29,809.48. Following the sale, the director now owns 39,098 shares in the company, valued at approximately $906,291.64. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 2.00% of the company’s stock.

Shares of Tailored Brands Inc (TLRD) opened at $21.37 on Friday. Tailored Brands Inc has a fifty-two week low of $9.40 and a fifty-two week high of $24.11. The company has a market cap of $1,050.00, a price-to-earnings ratio of 15.71, a PEG ratio of 0.66 and a beta of 1.88. The company has a current ratio of 2.48, a quick ratio of 0.52 and a debt-to-equity ratio of -97.85.

Tailored Brands (NYSE:TLRD) last announced its earnings results on Wednesday, December 6th. The company reported $0.75 EPS for the quarter, beating the Zacks’ 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 for the quarter, compared to analysts’ expectations of $807.51 million. During the same quarter in the previous year, the business posted $0.68 EPS. The company’s quarterly revenue was down 4.3% on a year-over-year basis. sell-side analysts forecast that Tailored Brands Inc will post 2.08 earnings per share for the current year.

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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.

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

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