Neuburgh Advisers LLC Grows Position in Tailored Brands Inc (NYSE:TLRD)

Neuburgh Advisers LLC lifted its holdings in shares of Tailored Brands Inc (NYSE:TLRD) by 83.4% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 10,272 shares of the company’s stock after acquiring an additional 4,672 shares during the quarter. Neuburgh Advisers LLC’s holdings in Tailored Brands were worth $59,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in TLRD. Dimensional Fund Advisors LP boosted its position in shares of Tailored Brands by 3.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,233,858 shares of the company’s stock valued at $16,831,000 after buying an additional 45,217 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in shares of Tailored Brands by 6.4% during the first quarter. BNP Paribas Arbitrage SA now owns 24,522 shares of the company’s stock valued at $192,000 after buying an additional 1,483 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Tailored Brands during the first quarter valued at $81,000. First Republic Investment Management Inc. purchased a new stake in shares of Tailored Brands during the first quarter valued at $93,000. Finally, Comerica Bank boosted its position in shares of Tailored Brands by 2.8% during the first quarter. Comerica Bank now owns 49,571 shares of the company’s stock valued at $384,000 after buying an additional 1,347 shares during the last quarter. 99.81% of the stock is currently owned by institutional investors.

Several equities research analysts recently commented on the company. Zacks Investment Research cut Tailored Brands from a “hold” rating to a “sell” rating in a research report on Wednesday, August 28th. B. Riley raised their target price on Tailored Brands from $5.00 to $6.00 and gave the stock a “neutral” rating in a research report on Thursday. Two analysts have rated the stock with a sell rating and three have issued a hold rating to the company. Tailored Brands has an average rating of “Hold” and a consensus price target of $15.00.



NYSE:TLRD traded up $0.25 on Friday, hitting $5.28. The stock had a trading volume of 108,821 shares, compared to its average volume of 3,745,293. The stock has a market cap of $253.36 million, a price-to-earnings ratio of 2.25 and a beta of 1.83. The company has a quick ratio of 0.22, a current ratio of 1.39 and a debt-to-equity ratio of 317.61. The business’s 50-day simple moving average is $5.07 and its two-hundred day simple moving average is $6.93. Tailored Brands Inc has a 52-week low of $4.21 and a 52-week high of $28.78.

Tailored Brands (NYSE:TLRD) last announced its earnings results on Wednesday, September 11th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.08. The business had revenue of $789.50 million for the quarter, compared to analysts’ expectations of $788.98 million. Tailored Brands had a return on equity of 4,518.17% and a net margin of 2.39%. The business’s revenue for the quarter was down 4.1% on a year-over-year basis. During the same period last year, the firm posted $1.07 earnings per share. As a group, equities research analysts anticipate that Tailored Brands Inc will post 1.66 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Tuesday, September 17th will be given a $0.18 dividend. The ex-dividend date is Monday, September 16th. This represents a $0.72 annualized dividend and a yield of 13.64%. Tailored Brands’s payout ratio is 31.17%.

Tailored Brands Profile

Tailored Brands, Inc operates as a specialty apparel retailer the United States, Puerto Rico, and Canada. It operates through two segments, Retail and Corporate Apparel. The Retail segment offers suits, suit separates, sport coats, slacks, formalwear, business casual, denim, sportswear, outerwear, dress shirts, shoes, and accessories for men.

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

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