Parametric Portfolio Associates LLC Has $1.49 Million Stake in Tailored Brands Inc (TLRD)

Parametric Portfolio Associates LLC cut its stake in shares of Tailored Brands Inc (NASDAQ:TLRD) by 16.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 133,289 shares of the company’s stock after selling 25,786 shares during the quarter. Parametric Portfolio Associates LLC owned approximately 0.27% of Tailored Brands worth $1,488,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in TLRD. State of Alaska Department of Revenue grew its position in shares of Tailored Brands by 80.0% during the second quarter. State of Alaska Department of Revenue now owns 9,683 shares of the company’s stock worth $108,000 after buying an additional 4,303 shares in the last quarter. Financial Engines Advisors L.L.C. grew its position in shares of Tailored Brands by 192,760.0% during the second quarter. Financial Engines Advisors L.L.C. now owns 9,643 shares of the company’s stock worth $108,000 after buying an additional 9,638 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its position in shares of Tailored Brands by 4.0% during the second quarter. Municipal Employees Retirement System of Michigan now owns 11,590 shares of the company’s stock worth $129,000 after buying an additional 450 shares in the last quarter. GSA Capital Partners LLP grew its position in shares of Tailored Brands by 19.3% during the second quarter. GSA Capital Partners LLP now owns 12,700 shares of the company’s stock worth $142,000 after buying an additional 2,053 shares in the last quarter. Finally, Atria Investments LLC acquired a new position in shares of Tailored Brands during the second quarter worth about $147,000.

A number of equities analysts have recently commented on the company. BidaskClub downgraded Tailored Brands from a “buy” rating to a “hold” rating in a research report on Thursday, October 12th. Jefferies Group LLC reissued a “hold” rating and set a $13.00 price objective (up from $12.00) on shares of Tailored Brands in a research report on Friday, September 8th. FBR & Co restated a “buy” rating and set a $16.00 target price on shares of Tailored Brands in a research note on Thursday, September 21st. ValuEngine cut Tailored Brands from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, B. Riley restated a “buy” rating on shares of Tailored Brands in a research note on Wednesday, November 1st. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Tailored Brands presently has a consensus rating of “Buy” and a consensus target price of $16.86.

Shares of Tailored Brands Inc (NASDAQ TLRD) opened at $15.43 on Tuesday. Tailored Brands Inc has a 52 week low of $9.40 and a 52 week high of $28.76.

Tailored Brands (NASDAQ:TLRD) last posted its earnings results on Thursday, September 7th. The company reported $1.14 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.26. The business had revenue of $851.00 million for the quarter, compared to analysts’ expectations of $868.22 million. During the same quarter in the previous year, the firm earned $0.99 EPS. Tailored Brands’s revenue for the quarter was down 6.5% compared to the same quarter last year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Tuesday, December 12th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date of this dividend is Monday, December 11th. Tailored Brands’s dividend payout ratio is currently 60.50%.

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Tailored Brands Company 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.

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

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