Tilly’s (NYSE:TLYS) Price Target Cut to $2.50 by Analysts at Roth Mkm

Tilly’s (NYSE:TLYS) had its price objective reduced by Roth Mkm from $5.00 to $2.50 in a report issued on Friday morning,Benzinga reports. They currently have a neutral rating on the specialty retailer’s stock.

Several other research analysts also recently weighed in on the stock. B. Riley cut their target price on shares of Tilly’s from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Friday, December 6th. StockNews.com downgraded shares of Tilly’s from a “hold” rating to a “sell” rating in a research note on Monday, December 9th.

Tilly’s Stock Down 8.7 %

NYSE:TLYS opened at $2.41 on Friday. The company has a market capitalization of $72.67 million, a PE ratio of -1.36 and a beta of 1.58. Tilly’s has a 52-week low of $2.25 and a 52-week high of $7.07. The stock has a fifty day simple moving average of $3.96 and a 200-day simple moving average of $4.20.

Institutional Trading of Tilly’s

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Shay Capital LLC grew its holdings in Tilly’s by 8.4% in the 4th quarter. Shay Capital LLC now owns 2,279,000 shares of the specialty retailer’s stock valued at $9,686,000 after buying an additional 176,478 shares during the period. Long Focus Capital Management LLC grew its holdings in Tilly’s by 1.4% in the 4th quarter. Long Focus Capital Management LLC now owns 2,181,931 shares of the specialty retailer’s stock valued at $9,273,000 after buying an additional 30,000 shares during the period. Nomura Holdings Inc. purchased a new stake in Tilly’s in the 4th quarter valued at about $2,184,000. Geode Capital Management LLC grew its holdings in Tilly’s by 2.6% in the 3rd quarter. Geode Capital Management LLC now owns 397,717 shares of the specialty retailer’s stock valued at $2,029,000 after buying an additional 10,258 shares during the period. Finally, Nuveen Asset Management LLC grew its holdings in Tilly’s by 12.5% in the 4th quarter. Nuveen Asset Management LLC now owns 61,845 shares of the specialty retailer’s stock valued at $263,000 after buying an additional 6,895 shares during the period. Hedge funds and other institutional investors own 76.38% of the company’s stock.

About Tilly’s

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.