Tilly’s (NYSE:TLYS) Given New $2.50 Price Target at Roth Mkm

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

Other equities analysts have also recently issued research reports about the company. B. Riley decreased their price target on Tilly’s from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Friday, December 6th. StockNews.com cut Tilly’s from a “hold” rating to a “sell” rating in a report on Monday, December 9th.

Tilly’s Stock Performance

Shares of NYSE:TLYS opened at $2.41 on Friday. The stock has a market capitalization of $72.67 million, a P/E ratio of -1.36 and a beta of 1.58. Tilly’s has a 1 year low of $2.25 and a 1 year high of $7.07. The stock has a 50-day simple moving average of $3.96 and a 200-day simple moving average of $4.20.

Hedge Funds Weigh In On Tilly’s

A number of institutional investors have recently made changes to their positions in the business. Shay Capital LLC raised its position in shares of 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 purchasing an additional 176,478 shares in the last quarter. Nomura Holdings Inc. acquired a new position in shares of Tilly’s in the 4th quarter valued at approximately $2,184,000. Nuveen Asset Management LLC raised its position in shares of 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 purchasing an additional 6,895 shares in the last quarter. Bank of America Corp DE raised its position in shares of Tilly’s by 31.4% in the 4th quarter. Bank of America Corp DE now owns 17,566 shares of the specialty retailer’s stock valued at $75,000 after purchasing an additional 4,193 shares in the last quarter. Finally, Long Focus Capital Management LLC raised its position in shares of 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 purchasing an additional 30,000 shares in the last quarter. 76.38% of the stock is owned by institutional investors and hedge funds.

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.