Tower Research Capital LLC TRC Purchases 6,000 Shares of Tilly’s, Inc. (NYSE:TLYS)

Tower Research Capital LLC TRC increased its position in shares of Tilly’s, Inc. (NYSE:TLYS) by 461.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,300 shares of the specialty retailer’s stock after buying an additional 6,000 shares during the period. Tower Research Capital LLC TRC’s holdings in Tilly’s were worth $55,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pacific Ridge Capital Partners LLC boosted its holdings in shares of Tilly’s by 5.3% during the 3rd quarter. Pacific Ridge Capital Partners LLC now owns 641,795 shares of the specialty retailer’s stock worth $5,211,000 after buying an additional 32,384 shares in the last quarter. First Eagle Investment Management LLC grew its holdings in Tilly’s by 7.4% in the fourth quarter. First Eagle Investment Management LLC now owns 376,233 shares of the specialty retailer’s stock worth $2,837,000 after purchasing an additional 26,081 shares during the period. SG Americas Securities LLC acquired a new stake in Tilly’s in the fourth quarter worth $91,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of Tilly’s by 1.5% during the third quarter. Bank of New York Mellon Corp now owns 131,314 shares of the specialty retailer’s stock valued at $1,066,000 after purchasing an additional 1,985 shares during the period. Institutional investors and hedge funds own 76.38% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Roth Mkm reduced their target price on Tilly’s from $8.50 to $7.50 and set a “neutral” rating for the company in a research note on Friday, March 15th. B. Riley reduced their price objective on Tilly’s from $8.75 to $8.25 and set a “neutral” rating for the company in a research note on Friday, March 15th. Finally, StockNews.com raised Tilly’s from a “sell” rating to a “hold” rating in a research report on Friday, April 12th. Four equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $7.88.

Tilly’s Trading Down 1.0 %

Shares of TLYS traded down $0.06 on Monday, reaching $5.95. The company’s stock had a trading volume of 25,030 shares, compared to its average volume of 86,227. Tilly’s, Inc. has a twelve month low of $5.34 and a twelve month high of $9.50. The stock has a market capitalization of $178.80 million, a PE ratio of -5.13 and a beta of 1.58. The firm has a fifty day moving average of $6.67 and a 200-day moving average of $7.40.

Tilly’s (NYSE:TLYS) last posted its earnings results on Thursday, March 14th. The specialty retailer reported ($0.17) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.05. Tilly’s had a negative return on equity of 11.93% and a negative net margin of 5.54%. The company had revenue of $173.02 million for the quarter, compared to analyst estimates of $171.65 million. As a group, equities analysts anticipate that Tilly’s, Inc. will post -0.61 EPS for the current fiscal year.

Insider Transactions at Tilly’s

In other news, major shareholder Fund 1 Investments, Llc acquired 49,500 shares of Tilly’s stock in a transaction on Monday, March 18th. The stock was acquired at an average cost of $6.84 per share, with a total value of $338,580.00. Following the transaction, the insider now owns 5,485,169 shares of the company’s stock, valued at approximately $37,518,555.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders bought a total of 297,820 shares of company stock worth $2,169,804 in the last quarter. 27.96% of the stock is currently owned by corporate insiders.

Tilly’s Company 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.