Francesca’s Holdings Corp (NASDAQ:FRAN) was down 1.9% on Wednesday after B. Riley lowered their price target on the stock from $4.00 to $3.50. B. Riley currently has a neutral rating on the stock. Francesca’s traded as low as $2.65 and last traded at $2.64. Approximately 7,870 shares traded hands during trading, a decline of 99% from the average daily volume of 963,167 shares. The stock had previously closed at $2.69.

Other equities research analysts also recently issued research reports about the company. ValuEngine upgraded Francesca’s from a “hold” rating to a “buy” rating in a research report on Thursday, September 13th. BidaskClub upgraded Francesca’s from a “hold” rating to a “buy” rating in a research report on Thursday, August 16th. Finally, Zacks Investment Research upgraded Francesca’s from a “sell” rating to a “hold” rating in a research report on Tuesday. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $5.50.

In other news, Director Martyn R. Redgrave bought 15,000 shares of the company’s stock in a transaction dated Tuesday, September 25th. The stock was bought at an average price of $3.93 per share, for a total transaction of $58,950.00. Following the completion of the transaction, the director now directly owns 70,353 shares in the company, valued at approximately $276,487.29. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Steven Paul Lawrence bought 10,000 shares of the company’s stock in a transaction dated Friday, September 14th. The shares were purchased at an average price of $4.11 per share, with a total value of $41,100.00. Following the transaction, the chief executive officer now owns 209,832 shares of the company’s stock, valued at $862,409.52. The disclosure for this purchase can be found here. Insiders own 1.20% of the company’s stock.

Several institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC grew its stake in shares of Francesca’s by 76.1% during the third quarter. AQR Capital Management LLC now owns 1,159,375 shares of the specialty retailer’s stock worth $4,301,000 after purchasing an additional 501,099 shares during the period. Tyvor Capital LLC acquired a new stake in shares of Francesca’s during the third quarter worth $1,981,000. Matarin Capital Management LLC acquired a new stake in shares of Francesca’s during the third quarter worth $1,252,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Francesca’s during the third quarter worth $270,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Francesca’s by 341.7% during the third quarter. JPMorgan Chase & Co. now owns 53,124 shares of the specialty retailer’s stock worth $197,000 after purchasing an additional 41,096 shares during the period. 94.62% of the stock is owned by institutional investors and hedge funds.

The company has a market capitalization of $106.86 million, a P/E ratio of 5.00 and a beta of 0.43.

Francesca’s (NASDAQ:FRAN) last announced its quarterly earnings data on Tuesday, September 11th. The specialty retailer reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Francesca’s had a return on equity of 3.35% and a net margin of 0.12%. The company had revenue of $113.00 million for the quarter, compared to analyst estimates of $120.77 million. During the same period last year, the firm earned $0.20 earnings per share. The firm’s revenue for the quarter was down 5.6% on a year-over-year basis. On average, equities research analysts predict that Francesca’s Holdings Corp will post 0.15 EPS for the current fiscal year.

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About Francesca’s (NASDAQ:FRAN)

Francesca's Holdings Corporation, through its subsidiaries, operates a chain of retail boutiques. It offers fashion apparel, jewelry, accessories, and gifts primarily for women between the ages of 18 and 35. The company's apparel products comprise dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry includes necklaces, earrings, bracelets, and rings.

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