Chico’s FAS, Inc. (CHS) Position Increased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL increased its position in shares of Chico’s FAS, Inc. (NYSE:CHS) by 10.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in CHS. OLD National Bancorp IN raised its stake in Chico’s FAS by 0.5% in the first quarter. OLD National Bancorp IN now owns 49,189 shares of the specialty retailer’s stock valued at $698,000 after buying an additional 237 shares during the period. Liberty Mutual Group Asset Management Inc. raised its stake in Chico’s FAS by 0.8% in the first quarter. Liberty Mutual Group Asset Management Inc. now owns 58,215 shares of the specialty retailer’s stock valued at $826,000 after buying an additional 461 shares during the period. PNC Financial Services Group Inc. raised its stake in Chico’s FAS by 6.6% in the first quarter. PNC Financial Services Group Inc. now owns 7,637 shares of the specialty retailer’s stock valued at $109,000 after buying an additional 473 shares during the period. State Treasurer State of Michigan raised its stake in Chico’s FAS by 1.0% in the first quarter. State Treasurer State of Michigan now owns 52,500 shares of the specialty retailer’s stock valued at $746,000 after buying an additional 500 shares during the period. Finally, Advantus Capital Management Inc raised its stake in Chico’s FAS by 3.7% in the first quarter. Advantus Capital Management Inc now owns 16,543 shares of the specialty retailer’s stock valued at $235,000 after buying an additional 583 shares during the period.

Chico’s FAS, Inc. (NYSE CHS) traded down 0.64% on Friday, hitting $7.82. 2,808,844 shares of the company’s stock traded hands. The stock has a 50-day moving average of $8.81 and a 200-day moving average of $11.63. Chico’s FAS, Inc. has a one year low of $7.72 and a one year high of $16.85. The stock has a market cap of $985.71 million, a PE ratio of 10.91 and a beta of 0.66.

Chico’s FAS (NYSE:CHS) last announced its earnings results 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 net margin of 3.86% and a return on equity of 17.36%. The company had revenue of $583.70 million during the quarter, compared to analyst estimates of $624.75 million. During the same quarter last year, the business earned $0.25 EPS. The firm’s revenue for the quarter was down 9.2% compared to the same quarter last year. On average, equities 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. Stockholders of record on Monday, September 11th will be given a $0.0825 dividend. The ex-dividend date is Friday, September 8th. This represents a $0.33 annualized dividend and a dividend yield of 4.22%. Chico’s FAS’s dividend payout ratio (DPR) is 46.48%.

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Several research firms have recently commented on CHS. Wolfe Research lowered Chico’s FAS from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 25th. UBS AG restated a “neutral” rating and issued a $10.00 price objective (down from $16.00) on shares of Chico’s FAS in a research note on Thursday, May 25th. Telsey Advisory Group reduced their price objective on Chico’s FAS from $15.00 to $12.00 and set a “market perform” rating for the company in a research note on Thursday, May 25th. Royal Bank Of Canada set a $16.00 target price on shares of Chico’s FAS and gave the stock a “buy” rating in a report on Tuesday, May 16th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $11.00 target price on shares of Chico’s FAS in a report on Thursday, July 6th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $13.43.

In related news, Director Ross E. Roeder sold 5,000 shares of the business’s stock in a transaction dated Thursday, June 1st. The shares were 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 this hyperlink. Also, Director Ross E. Roeder sold 10,000 shares of the business’s stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $9.75, for a total transaction of $97,500.00. The disclosure for this sale can be found here. 3.00% of the stock is owned by company insiders.

About Chico’s FAS

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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