Jacobs Levy Equity Management Inc. Cuts Position in Tilly’s, Inc. (NYSE:TLYS)

Jacobs Levy Equity Management Inc. lowered its stake in shares of Tilly’s, Inc. (NYSE:TLYS) by 12.3% during the third quarter, Holdings Channel reports. The institutional investor owned 113,289 shares of the specialty retailer’s stock after selling 15,942 shares during the period. Jacobs Levy Equity Management Inc.’s holdings in Tilly’s were worth $578,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TLYS. Rothschild Investment LLC purchased a new stake in shares of Tilly’s during the 2nd quarter worth approximately $39,000. Vanguard Group Inc. boosted its position in Tilly’s by 0.7% during the first quarter. Vanguard Group Inc. now owns 1,282,467 shares of the specialty retailer’s stock worth $8,721,000 after purchasing an additional 8,547 shares in the last quarter. First Eagle Investment Management LLC grew its holdings in Tilly’s by 2.2% in the second quarter. First Eagle Investment Management LLC now owns 438,157 shares of the specialty retailer’s stock valued at $2,642,000 after purchasing an additional 9,500 shares during the last quarter. GSA Capital Partners LLP purchased a new position in shares of Tilly’s in the third quarter valued at $297,000. Finally, Long Focus Capital Management LLC raised its stake in shares of Tilly’s by 17.5% during the 2nd quarter. Long Focus Capital Management LLC now owns 2,151,931 shares of the specialty retailer’s stock worth $12,976,000 after buying an additional 320,000 shares during the last quarter. 76.38% of the stock is currently owned by institutional investors and hedge funds.

Tilly’s Trading Down 5.0 %

Tilly’s stock opened at $4.01 on Tuesday. The stock has a 50-day moving average price of $4.23 and a 200 day moving average price of $4.91. Tilly’s, Inc. has a 52 week low of $3.57 and a 52 week high of $7.79. The stock has a market cap of $120.90 million, a PE ratio of -2.27 and a beta of 1.60.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. B. Riley lowered their price objective on shares of Tilly’s from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Friday. StockNews.com lowered shares of Tilly’s from a “hold” rating to a “sell” rating in a research report on Monday.

Tilly’s Profile

Tilly's, Inc operates as a specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, swim, and dresses; and accessories merchandise comprises backpacks, hydration bottles, hats, sunglasses, small electronics and accessories, handbags, watches, jewelry, and others.