Tudor Investment Corp ET AL boosted its stake in Ascena Retail Group, Inc. (NASDAQ:ASNA) by 85.0% during the first quarter, according to its most recent filing with the SEC. The fund owned 106,800 shares of the specialty retailer’s stock after buying an additional 49,072 shares during the period. Tudor Investment Corp ET AL owned 0.06% of Ascena Retail Group worth $455,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in ASNA. Highbridge Capital Management LLC boosted its position in shares of Ascena Retail Group by 13,454.5% in the fourth quarter. Highbridge Capital Management LLC now owns 27,109 shares of the specialty retailer’s stock valued at $167,000 after buying an additional 26,909 shares during the period. BlueCrest Capital Management Ltd boosted its position in shares of Ascena Retail Group by 196.6% in the first quarter. BlueCrest Capital Management Ltd now owns 36,405 shares of the specialty retailer’s stock valued at $155,000 after buying an additional 24,132 shares during the period. Mason Street Advisors LLC boosted its position in shares of Ascena Retail Group by 7.0% in the first quarter. Mason Street Advisors LLC now owns 39,622 shares of the specialty retailer’s stock valued at $169,000 after buying an additional 2,595 shares during the period. Raymond James Financial Services Advisors Inc. purchased a new position in shares of Ascena Retail Group during the first quarter valued at about $181,000. Finally, Teachers Retirement System of The State of Kentucky boosted its position in shares of Ascena Retail Group by 128.4% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 57,300 shares of the specialty retailer’s stock valued at $355,000 after buying an additional 32,208 shares during the period. Hedge funds and other institutional investors own 96.15% of the company’s stock.

Shares of Ascena Retail Group, Inc. (NASDAQ:ASNA) traded up 0.83% on Tuesday, hitting $2.43. The stock had a trading volume of 2,242,832 shares. Ascena Retail Group, Inc. has a 52 week low of $1.65 and a 52 week high of $9.11. The firm has a 50 day moving average price of $2.16 and a 200-day moving average price of $3.45. The company’s market cap is $466.32 million.

Ascena Retail Group (NASDAQ:ASNA) last issued its quarterly earnings results on Thursday, June 8th. The specialty retailer reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. Ascena Retail Group had a positive return on equity of 2.96% and a negative net margin of 15.25%. The business had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the prior year, the firm posted $0.15 earnings per share. The firm’s revenue for the quarter was down 6.2% compared to the same quarter last year. Analysts anticipate that Ascena Retail Group, Inc. will post $0.13 EPS for the current year.

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Several brokerages recently issued reports on ASNA. BidaskClub upgraded Ascena Retail Group from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Royal Bank Of Canada set a $5.00 target price on Ascena Retail Group and gave the company a “hold” rating in a research note on Saturday, May 13th. Cowen and Company reiterated a “market perform” rating and issued a $2.00 target price (down from $6.00) on shares of Ascena Retail Group in a research note on Sunday, June 11th. ValuEngine cut Ascena Retail Group from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Zacks Investment Research cut Ascena Retail Group from a “hold” rating to a “sell” rating in a research note on Friday, June 9th. Three equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. Ascena Retail Group has an average rating of “Hold” and a consensus target price of $4.50.

About Ascena Retail Group

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.

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

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