Chico's FAS, Inc. (NYSE:CHS), L.B
- Author: Zachary Reyes May 26, 2017,
May 26, 2017, 6:21
Los Angeles Capital Management & Equity Research Inc. boosted its position in Chico's FAS by 531.7% in the third quarter. Look at its top three institutional owners. (NYSE:CHS) is Buy (Score: 2.53) with a consensus target price of $15.08, a potential (35.95% upside) Recent Insider Trading for Chico's FAS, Inc.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. Equities analysts forecast that Chico's FAS, Inc. will post $0.89 earnings per share for the current fiscal year. Dynamic Capital Management Ltd now owns 210,327 shares of the specialty retailer's stock worth $2,503,000 after buying an additional 34,715 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Chico's FAS by 24.9% in the first quarter. Municipal Employees Retirement System of MI boosted its position in Chico's FAS by 1.5% in the third quarter. Thrivent Financial for Lutherans now owns 22,270 shares of the specialty retailer's stock worth $320,000 after buying an additional 1,520 shares in the last quarter.
Analysts await Chico's FAS, Inc. While it's Return on Investment (ROI) value is 13.4%. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. The stock has a 50 day moving average price of $13.15 and a 200-day moving average price of $14.00. 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 research report on Tuesday, May 16th. The company's market capitalization is $1.24 billion with the total outstanding shares of 129.49 million. If the $8.97 price target is reached, the company will be worth $84.70 million less.
Another critical number in evaluating a stock is P/E or Price to Earnings ratio. In last year's first quarter, the Company reported adjusted net income of $33.4 million, or $0.25 adjusted earnings per diluted share. The specialty retailer reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by $0.03. Six analysts surveyed by Zacks expected $625.4 million. Dimensional Fund Advisors LP now owns 5,986,151 shares of the specialty retailer's stock valued at $86,141,000 after buying an additional 471,592 shares in the last quarter. Over the trailing year, the stock is underperforming the S&P 500 by 12.78, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange.
Chico's FAS Inc. (CHS) stock price rose 1.74 percent over the past one year, while decreased -30.03 percent during the past 6 months.
The company also recently declared a quarterly dividend, which will be paid on Monday, June 26th. This represents a $0.33 annualized dividend and a yield of 3.35%. The ex-dividend date of this dividend is Thursday, June 8th. If you are reading this article on another publication, it was illegally stolen and republished in violation of United States & global trademark and copyright law. Trexquant Investment LP increased its stake in Chico's FAS by 18.9% in the fourth quarter. Barrow Hanley Mewhinney & Strauss Limited Liability Company reported 450,579 shares.
When it comes to the Analysis of a Stock, Price Target plays a vital role. Chico's FAS has a 12 month low of $8.91 and a 12 month high of $16.85.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.
Chico's FAS, Inc. (CHS) stock price distance from twenty day simple moving average slumped at -15.83% while its distance from fifty day simple moving average declined -18.03% along with -17.11% below distance from two hundred simple moving averages. 19,926 shares valued at $285,321 were sold by ROEDER ROSS E on Thursday, March 2. The stock was sold at an average price of $14.30, for a total transaction of $732,660.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Colaco Donna Noce sold 51,235 shares of the company's stock in a transaction that occurred on Wednesday, March 29th. In a transaction dated March 02, 2017, the shares were put up for sale at an average price of $14.32, raking in a sum of $285,340.