33,780 Shares in Tailored Brands Inc (TLRD) Purchased by Private Advisory Group LLC

Private Advisory Group LLC bought a new stake in Tailored Brands Inc (NYSE:TLRD) during the fourth quarter, HoldingsChannel.com reports. The fund bought 33,780 shares of the company’s stock, valued at approximately $737,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. SG Capital Management LLC purchased a new stake in Tailored Brands in the fourth quarter valued at approximately $9,633,000. SG Americas Securities LLC purchased a new stake in Tailored Brands in the fourth quarter valued at approximately $619,000. James Investment Research Inc. purchased a new stake in Tailored Brands in the fourth quarter valued at approximately $1,309,000. Bowling Portfolio Management LLC raised its stake in Tailored Brands by 5.9% in the fourth quarter. Bowling Portfolio Management LLC now owns 142,021 shares of the company’s stock valued at $3,100,000 after purchasing an additional 7,858 shares in the last quarter. Finally, Frontier Capital Management Co. LLC raised its stake in Tailored Brands by 45.5% in the fourth quarter. Frontier Capital Management Co. LLC now owns 1,853,108 shares of the company’s stock valued at $40,453,000 after purchasing an additional 579,626 shares in the last quarter.

Shares of Tailored Brands Inc (NYSE TLRD) traded down $1.19 during midday trading on Tuesday, reaching $24.58. 1,330,292 shares of the company’s stock were exchanged, compared to its average volume of 1,215,703. Tailored Brands Inc has a twelve month low of $9.40 and a twelve month high of $26.03. The company has a debt-to-equity ratio of -97.85, a current ratio of 2.48 and a quick ratio of 0.52. The company has a market capitalization of $1,244.37, a PE ratio of 18.07, a P/E/G ratio of 0.74 and a beta of 1.88.

Tailored Brands (NYSE:TLRD) last issued its quarterly earnings results on Wednesday, December 6th. The company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $810.80 million for the quarter, compared to analysts’ expectations of $807.51 million. During the same period last year, the business earned $0.68 earnings per share. The business’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.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Monday, March 19th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date is Friday, March 16th. Tailored Brands’s payout ratio is currently 52.94%.

In other Tailored Brands news, Director William B. Sechrest sold 1,286 shares of the stock in a transaction that occurred 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 transaction, the director now directly owns 39,098 shares in the company, valued at $906,291.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.00% of the stock is owned by company insiders.

TLRD has been the topic of a number of recent analyst reports. ValuEngine raised shares of Tailored Brands from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. BidaskClub raised shares of Tailored Brands from a “hold” rating to a “buy” rating in a research note on Wednesday, October 25th. Zacks Investment Research raised shares of Tailored Brands from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a research note on Friday, December 1st. Finally, B. Riley reaffirmed a “buy” rating on shares of Tailored Brands in a research note on Wednesday, November 1st. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $17.71.

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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.

Want to see what other hedge funds are holding TLRD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tailored Brands Inc (NYSE:TLRD).

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

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