Ascena Retail Group, Inc. (ASNA) Stake Held by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky held its stake in Ascena Retail Group, Inc. (NASDAQ:ASNA) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 57,300 shares of the specialty retailer’s stock at the end of the 2nd quarter. Teachers Retirement System of The State of Kentucky’s holdings in Ascena Retail Group were worth $123,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Sapience Investments LLC lifted its holdings in Ascena Retail Group by 97.6% during the 2nd quarter. Sapience Investments LLC now owns 5,451,695 shares of the specialty retailer’s stock worth $11,721,000 after buying an additional 2,692,810 shares during the last quarter. M&T Bank Corp lifted its holdings in Ascena Retail Group by 2.3% during the 2nd quarter. M&T Bank Corp now owns 78,184 shares of the specialty retailer’s stock worth $168,000 after buying an additional 1,739 shares during the last quarter. California Public Employees Retirement System lifted its holdings in Ascena Retail Group by 16.8% during the 2nd quarter. California Public Employees Retirement System now owns 1,235,259 shares of the specialty retailer’s stock worth $2,656,000 after buying an additional 177,700 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Ascena Retail Group by 14.5% during the 2nd quarter. Vanguard Group Inc. now owns 16,634,350 shares of the specialty retailer’s stock worth $35,763,000 after buying an additional 2,101,044 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in Ascena Retail Group by 1.8% during the 2nd quarter. Northern Trust Corp now owns 2,175,014 shares of the specialty retailer’s stock worth $4,677,000 after buying an additional 39,051 shares during the last quarter. 95.34% of the stock is owned by institutional investors.

Shares of Ascena Retail Group, Inc. (ASNA) opened at 1.91 on Tuesday. The firm’s market cap is $366.70 million. Ascena Retail Group, Inc. has a 52-week low of $1.65 and a 52-week high of $8.19. The stock’s 50 day moving average price is $2.10 and its 200-day moving average price is $2.36.

Ascena Retail Group (NASDAQ:ASNA) last issued its quarterly earnings results on Monday, September 25th. The specialty retailer reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.08. Ascena Retail Group had a negative net margin of 16.05% and a positive return on equity of 3.13%. The business had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.57 billion. During the same quarter last year, the company posted $0.08 earnings per share. The company’s quarterly revenue was down 8.5% compared to the same quarter last year. On average, equities research analysts anticipate that Ascena Retail Group, Inc. will post $0.17 earnings per share for the current fiscal year.

ASNA has been the subject of a number of recent analyst reports. Royal Bank Of Canada set a $3.00 price target on Ascena Retail Group and gave the stock a “hold” rating in a report on Saturday, October 7th. FBR & Co set a $3.00 target price on Ascena Retail Group and gave the stock a “hold” rating in a research report on Tuesday, August 15th. KeyCorp reiterated a “hold” rating on shares of Ascena Retail Group in a research report on Wednesday, October 11th. BidaskClub cut Ascena Retail Group from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 23rd. Finally, Zacks Investment Research upgraded Ascena Retail Group from a “sell” rating to a “hold” rating in a research report on Monday, September 18th. Three investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $3.50.

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Ascena Retail Group Profile

Ascena Retail Group, Inc is a specialty retailer of apparel for women and tween girls. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands.

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Institutional Ownership by Quarter for Ascena Retail Group (NASDAQ:ASNA)

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