Chico’s FAS Inc. (NYSE:CHS) had its price target upped by Telsey Advisory Group from $13.00 to $17.00 in a research note released on Wednesday morning. The brokerage currently has a market perform rating on the stock.

Several other brokerages have also weighed in on CHS. Oppenheimer Holdings Inc. reissued a hold rating on shares of Chico’s FAS in a report on Tuesday. Nomura lowered Chico’s FAS from a buy rating to a neutral rating and set a $13.00 price objective on the stock. in a report on Wednesday, November 16th. They noted that the move was a valuation call. Citigroup Inc. raised Chico’s FAS from a neutral rating to a buy rating and lifted their price objective for the stock from $13.00 to $16.00 in a report on Monday, November 14th. Wolfe Research upgraded Chico’s FAS from a peer perform rating to an outperform rating and set a $16.00 target price for the company in a research report on Monday, November 14th. Finally, RBC Capital Markets restated an outperform rating and set a $14.00 target price (up previously from $13.00) on shares of Chico’s FAS in a research report on Sunday, September 4th. Eleven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of $14.21.

Chico’s FAS (NYSE:CHS) opened at 15.58 on Wednesday. The stock has a 50 day moving average price of $12.66 and a 200 day moving average price of $11.82. The company has a market cap of $2.01 billion, a PE ratio of 99.24 and a beta of 0.73. Chico’s FAS has a 1-year low of $9.61 and a 1-year high of $16.07.

Chico’s FAS (NYSE:CHS) last announced its quarterly earnings data on Tuesday, November 22nd. The company reported $0.20 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.07. Chico’s FAS had a return on equity of 16.23% and a net margin of 2.24%. The company had revenue of $596.90 million for the quarter, compared to analyst estimates of $610.83 million. During the same quarter last year, the firm earned $0.13 EPS. Chico’s FAS’s revenue for the quarter was down 6.9% compared to the same quarter last year. Equities analysts forecast that Chico’s FAS will post $0.71 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 19th. Investors of record on Monday, December 5th will be paid a dividend of $0.08 per share. The ex-dividend date is Thursday, December 1st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.05%. Chico’s FAS’s dividend payout ratio (DPR) is presently 76.19%.

Several large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in shares of Chico’s FAS by 37.5% in the third quarter. JPMorgan Chase & Co. now owns 6,731,576 shares of the company’s stock worth $80,106,000 after buying an additional 1,837,430 shares during the period. Emerald Acquisition Ltd. bought a new stake in shares of Chico’s FAS during the second quarter worth approximately $16,978,000. Peregrine Capital Management LLC bought a new stake in shares of Chico’s FAS during the third quarter worth approximately $14,307,000. Dimensional Fund Advisors LP boosted its stake in shares of Chico’s FAS by 25.7% in the second quarter. Dimensional Fund Advisors LP now owns 5,038,059 shares of the company’s stock worth $53,957,000 after buying an additional 1,029,247 shares during the period. Finally, Gotham Asset Management LLC boosted its stake in shares of Chico’s FAS by 3,975.6% in the third quarter. Gotham Asset Management LLC now owns 543,364 shares of the company’s stock worth $6,466,000 after buying an additional 530,032 shares during the period. 90.90% of the stock is owned by institutional investors and hedge funds.

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About Chico’s FAS

Chico’s FAS, Inc is a specialty retailer of women’s private branded, casual-to-dressy clothing, intimates, complementary accessories and other non-clothing items operating under the Chico’s, White House Black Market (WHBM) and Soma brand names. The Company’s brands are specialty retailers of private label women’s apparel and related products.

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