Canada Pension Plan Investment Board increased its stake in shares of Francesca’s Holdings Corporation (NASDAQ:FRAN) by 64.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 773,000 shares of the specialty retailer’s stock after purchasing an additional 302,998 shares during the quarter. Canada Pension Plan Investment Board owned about 2.10% of Francesca’s Holdings Corporation worth $5,689,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Aperio Group LLC grew its stake in shares of Francesca’s Holdings Corporation by 69.4% during the third quarter. Aperio Group LLC now owns 28,067 shares of the specialty retailer’s stock valued at $207,000 after purchasing an additional 11,501 shares during the last quarter. Koch Industries Inc. bought a new stake in shares of Francesca’s Holdings Corporation during the second quarter valued at approximately $110,000. Verition Fund Management LLC bought a new stake in shares of Francesca’s Holdings Corporation during the second quarter valued at approximately $224,000. Daruma Capital Management LLC grew its stake in shares of Francesca’s Holdings Corporation by 2.7% during the second quarter. Daruma Capital Management LLC now owns 3,253,125 shares of the specialty retailer’s stock valued at $35,589,000 after purchasing an additional 86,734 shares during the last quarter. Finally, State Street Corp grew its stake in shares of Francesca’s Holdings Corporation by 13.4% during the second quarter. State Street Corp now owns 1,371,081 shares of the specialty retailer’s stock valued at $15,000,000 after purchasing an additional 162,352 shares during the last quarter.

Francesca’s Holdings Corporation (NASDAQ FRAN) opened at $6.93 on Tuesday. Francesca’s Holdings Corporation has a twelve month low of $6.33 and a twelve month high of $22.39. The firm has a market cap of $257.51, a P/E ratio of 7.23, a P/E/G ratio of 0.53 and a beta of 0.18.

Francesca’s Holdings Corporation (NASDAQ:FRAN) last posted its earnings results on Wednesday, September 6th. The specialty retailer reported $0.20 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.20. The company had revenue of $119.70 million for the quarter, compared to analyst estimates of $119.80 million. Francesca’s Holdings Corporation had a net margin of 7.28% and a return on equity of 31.88%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period last year, the business posted $0.27 earnings per share. equities research analysts forecast that Francesca’s Holdings Corporation will post 0.75 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Francesca’s Holdings Corporation (FRAN) Shares Bought by Canada Pension Plan Investment Board” was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another website, it was stolen and republished in violation of United States & international copyright & trademark legislation. The correct version of this story can be accessed at https://www.thecerbatgem.com/2017/11/14/francescas-holdings-corporation-fran-shares-bought-by-canada-pension-plan-investment-board.html.

Several analysts have recently commented on FRAN shares. ValuEngine cut shares of Francesca’s Holdings Corporation from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. KeyCorp reissued a “hold” rating on shares of Francesca’s Holdings Corporation in a research note on Friday, August 25th. FBR & Co reissued a “neutral” rating and set a $8.00 price target (down from $10.00) on shares of Francesca’s Holdings Corporation in a research note on Wednesday, September 6th. BidaskClub raised shares of Francesca’s Holdings Corporation from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Finally, SunTrust Banks, Inc. decreased their price target on shares of Francesca’s Holdings Corporation from $15.00 to $10.00 and set a “buy” rating on the stock in a research note on Tuesday, August 22nd. One analyst has rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $13.86.

Francesca’s Holdings Corporation Company Profile

Francesca’s Holdings Corporation is a holding company. The Company is a specialty retailer, which operates a chain of boutiques across the United States. The Company offers a mix of apparel, jewelry, accessories and gifts. As of January 28, 2017, the Company operated 671 boutiques in 48 states and the District of Columbia, and also served its customers through www.francescas.com, its e-commerce Website.

Institutional Ownership by Quarter for Francesca`s Holdings Corporation (NASDAQ:FRAN)

Receive News & Stock Ratings for Francesca's Holdings Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Francesca's Holdings Corporation and related stocks with our FREE daily email newsletter.