Chico’s FAS, Inc. (CHS) Shares Bought by Macquarie Group Ltd.
Macquarie Group Ltd. raised its holdings in Chico’s FAS, Inc. (NYSE:CHS) by 19.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 108,031 shares of the specialty retailer’s stock after acquiring an additional 17,598 shares during the period. Macquarie Group Ltd. owned about 0.08% of Chico’s FAS worth $967,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also bought and sold shares of the company. Flinton Capital Management LLC grew its stake in Chico’s FAS by 85.7% in the second quarter. Flinton Capital Management LLC now owns 13,776 shares of the specialty retailer’s stock valued at $130,000 after acquiring an additional 6,356 shares during the period. ING Groep NV acquired a new position in Chico’s FAS in the second quarter valued at about $148,000. Fiera Capital Corp acquired a new position in Chico’s FAS in the second quarter valued at about $151,000. Crossmark Global Holdings Inc. acquired a new position in Chico’s FAS in the third quarter valued at about $145,000. Finally, Advisors Asset Management Inc. grew its stake in Chico’s FAS by 465.8% in the third quarter. Advisors Asset Management Inc. now owns 16,668 shares of the specialty retailer’s stock valued at $149,000 after acquiring an additional 13,722 shares during the period.
CHS has been the subject of a number of research analyst reports. Royal Bank Of Canada reissued a “buy” rating and issued a $12.00 target price on shares of Chico’s FAS in a research note on Thursday, August 17th. FBR & Co reissued a “buy” rating and issued a $14.00 target price (down from $16.00) on shares of Chico’s FAS in a research note on Thursday, August 31st. Citigroup reissued a “buy” rating and issued a $10.00 target price (down from $13.00) on shares of Chico’s FAS in a research note on Friday, September 1st. SunTrust Banks set a $12.00 target price on Chico’s FAS and gave the company a “buy” rating in a research note on Monday, October 16th. Finally, B. Riley reaffirmed a “buy” rating on shares of Chico’s FAS in a research report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $10.91.
Chico’s FAS (NYSE:CHS) last posted its quarterly earnings data on Tuesday, November 21st. The specialty retailer reported $0.13 earnings per share for the quarter, hitting the consensus estimate of $0.13. The company had revenue of $532.30 million during the quarter, compared to analysts’ expectations of $534.77 million. Chico’s FAS had a return on equity of 13.98% and a net margin of 3.77%. Chico’s FAS’s revenue for the quarter was down 10.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 earnings per share. research analysts anticipate that Chico’s FAS, Inc. will post 0.64 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Stockholders of record on Monday, December 4th will be given a dividend of $0.0825 per share. The ex-dividend date of this dividend is Friday, December 1st. This represents a $0.33 annualized dividend and a dividend yield of 3.63%. Chico’s FAS’s dividend payout ratio is currently 49.25%.
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Chico’s FAS Company Profile
Chico’s FAS, Inc is an omni-channel specialty retailer of women’s private branded, casual-to-dressy clothing, intimates and accessories, operating under the Chico’s, White House Black Market (WHBM) and Soma brand names. The Company is also engaged in the sale of merchandise in its domestic and international retail stores.
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