Activist Hedge Fund Manager Edward Lampert Increases Stake in Lands' End

Lampert is the company's largest shareholder

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Edward S. Lampert of Sears Holding (SHLD, Financial) disclosed on Sept. 25 that he increased his stake in Lands’ End Inc. (LE, Financial) by purchasing an additional 299,878 shares.

After the transactions, the trader held 9.03 million shares. The stock has dropped 35.65% over the past year and traded around $26.84 per share Monday morning, which was near its June 2014 price.

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Valuation

Lands’ End Inc. has a market cap of $863.12 million and an enterprise value of $1.16 billion. It has a P/E of 14.31 lower than the industry median of 49.34, P/B of 2.07 and a P/S of 0.58, lower than the industry median of 0.85. With 9.03 million shares in his portfolio, Lampert is Lands’ End Inc.’s leading shareholder. The other Guru holders of Lands’ End are Joel Greenblatt (Trades, Portfolio) and Robert Olstein (Trades, Portfolio).

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