Tudor Investment Corp ET AL Has $274,000 Stake in Chico’s FAS, Inc. (CHS)

Tudor Investment Corp ET AL increased its position in Chico’s FAS, Inc. (NYSE:CHS) by 10.3% during the first quarter, according to its most recent disclosure with the SEC. The firm owned 19,300 shares of the specialty retailer’s stock after buying an additional 1,800 shares during the period. Tudor Investment Corp ET AL’s holdings in Chico’s FAS were worth $274,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its position in Chico’s FAS by 24.9% in the first quarter. AQR Capital Management LLC now owns 2,923,060 shares of the specialty retailer’s stock worth $41,507,000 after buying an additional 583,415 shares during the period. Bank of America Corp DE boosted its position in Chico’s FAS by 6.3% in the first quarter. Bank of America Corp DE now owns 593,204 shares of the specialty retailer’s stock worth $8,424,000 after buying an additional 35,187 shares during the period. Schwab Charles Investment Management Inc. boosted its position in Chico’s FAS by 5.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 714,414 shares of the specialty retailer’s stock worth $10,145,000 after buying an additional 38,490 shares during the period. Lucus Advisors LLC boosted its position in Chico’s FAS by 161.2% in the first quarter. Lucus Advisors LLC now owns 28,314 shares of the specialty retailer’s stock worth $402,000 after buying an additional 17,473 shares during the period. Finally, BlackRock Inc. boosted its position in Chico’s FAS by 21,451.3% in the first quarter. BlackRock Inc. now owns 13,414,812 shares of the specialty retailer’s stock worth $190,490,000 after buying an additional 13,352,566 shares during the period. 95.55% of the stock is owned by institutional investors.

Shares of Chico’s FAS, Inc. (CHS) opened at 8.41 on Friday. Chico’s FAS, Inc. has a 52-week low of $8.26 and a 52-week high of $16.85. The firm’s 50-day moving average price is $9.00 and its 200-day moving average price is $11.82. The stock has a market cap of $1.06 billion, a P/E ratio of 11.73 and a beta of 0.66.

Chico’s FAS (NYSE:CHS) last announced its quarterly earnings data on Wednesday, May 24th. The specialty retailer reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by $0.03. Chico’s FAS had a return on equity of 17.36% and a net margin of 3.86%. The firm had revenue of $583.70 million for the quarter, compared to analysts’ expectations of $624.75 million. During the same quarter in the prior year, the business posted $0.25 earnings per share. Chico’s FAS’s revenue was down 9.2% on a year-over-year basis. On average, equities research analysts forecast that Chico’s FAS, Inc. will post $0.79 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Monday, September 11th will be issued a dividend of $0.0825 per share. The ex-dividend date of this dividend is Friday, September 8th. This represents a $0.33 annualized dividend and a yield of 3.92%. Chico’s FAS’s dividend payout ratio (DPR) is currently 46.48%.

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A number of equities analysts have recently weighed in on the company. BidaskClub raised Chico’s FAS from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. Zacks Investment Research upgraded Chico’s FAS from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 25th. Jefferies Group LLC reiterated a “hold” rating and issued a $11.00 target price on shares of Chico’s FAS in a research note on Thursday, July 6th. ValuEngine upgraded Chico’s FAS from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Finally, TheStreet lowered Chico’s FAS from a “b-” rating to a “c+” rating in a research note on Tuesday, June 6th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $13.43.

In other Chico’s FAS news, Director Ross E. Roeder sold 5,000 shares of the firm’s stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $9.50, for a total transaction of $47,500.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ross E. Roeder sold 10,000 shares of the firm’s stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $9.75, for a total value of $97,500.00. The disclosure for this sale can be found here. 3.00% of the stock is owned by company insiders.

Chico’s FAS Company Profile

Chico’s FAS, Inc is an omni-channel specialty retailer of women’s private branded, casual-to-dressy clothing, intimates and accessories, operating under the Chico’s, White House Black Market (WHBM) and Soma brand names. The Company is also engaged in the sale of merchandise in its domestic and international retail stores.

Institutional Ownership by Quarter for Chico`s FAS (NYSE:CHS)

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