First Eagle Investment Management LLC Sells 11,543 Shares of Tilly’s, Inc. (NYSE:TLYS)

First Eagle Investment Management LLC reduced its holdings in Tilly’s, Inc. (NYSE:TLYS) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 408,114 shares of the specialty retailer’s stock after selling 11,543 shares during the quarter. First Eagle Investment Management LLC’s holdings in Tilly’s were worth $1,734,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. GSA Capital Partners LLP acquired a new stake in shares of Tilly’s during the 3rd quarter worth approximately $297,000. Jane Street Group LLC boosted its stake in Tilly’s by 113.6% during the third quarter. Jane Street Group LLC now owns 55,632 shares of the specialty retailer’s stock worth $284,000 after acquiring an additional 29,581 shares in the last quarter. Barclays PLC grew its holdings in Tilly’s by 230.7% in the third quarter. Barclays PLC now owns 19,955 shares of the specialty retailer’s stock worth $102,000 after purchasing an additional 13,921 shares during the period. Geode Capital Management LLC increased its stake in Tilly’s by 2.6% in the third quarter. Geode Capital Management LLC now owns 397,717 shares of the specialty retailer’s stock valued at $2,029,000 after purchasing an additional 10,258 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Tilly’s during the third quarter valued at about $108,000. 76.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently commented on TLYS shares. B. Riley decreased their target price on Tilly’s from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Friday, December 6th. Roth Mkm decreased their price objective on Tilly’s from $5.00 to $2.50 and set a “neutral” rating for the company in a report on Friday. Finally, StockNews.com cut Tilly’s from a “hold” rating to a “sell” rating in a report on Monday, December 9th.

Tilly’s Price Performance

TLYS opened at $2.41 on Monday. Tilly’s, Inc. has a fifty-two week low of $2.25 and a fifty-two week high of $6.98. The firm has a market capitalization of $72.67 million, a PE ratio of -1.36 and a beta of 1.58. The company’s 50-day moving average is $3.96 and its 200 day moving average is $4.19.

Tilly’s Company Profile

Tilly’s, Inc engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.