Chico’s FAS, Inc. (CHS) Shares Sold by White Pine Investment CO

White Pine Investment CO lowered its holdings in Chico’s FAS, Inc. (NYSE:CHS) by 2.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 344,595 shares of the specialty retailer’s stock after selling 7,750 shares during the quarter. White Pine Investment CO owned approximately 0.27% of Chico’s FAS worth $2,988,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. BlackRock Inc. lifted its holdings in Chico’s FAS by 13.3% in the 2nd quarter. BlackRock Inc. now owns 18,337,938 shares of the specialty retailer’s stock worth $149,271,000 after buying an additional 2,159,269 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Chico’s FAS by 12.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 10,881,891 shares of the specialty retailer’s stock valued at $88,580,000 after purchasing an additional 1,218,303 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Chico’s FAS by 0.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,583,294 shares of the specialty retailer’s stock valued at $21,028,000 after purchasing an additional 15,987 shares during the period. Dalton Greiner Hartman Maher & Co. purchased a new position in shares of Chico’s FAS in the 2nd quarter valued at approximately $16,082,000. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of Chico’s FAS by 3.6% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,888,687 shares of the specialty retailer’s stock valued at $15,432,000 after purchasing an additional 65,617 shares during the period. Institutional investors and hedge funds own 97.00% of the company’s stock.

CHS has been the subject of a number of research analyst reports. ValuEngine cut Chico’s FAS from a “hold” rating to a “sell” rating in a research note on Friday, September 7th. Zacks Investment Research cut Chico’s FAS from a “hold” rating to a “sell” rating in a research note on Thursday, August 16th. Finally, TheStreet cut Chico’s FAS from a “b-” rating to a “c” rating in a research note on Monday, July 2nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. Chico’s FAS presently has an average rating of “Hold” and a consensus price target of $9.94.

Shares of CHS traded down $0.24 on Thursday, reaching $7.34. The stock had a trading volume of 2,184,200 shares, compared to its average volume of 2,837,916. The stock has a market cap of $1.09 billion, a PE ratio of 10.98, a PEG ratio of 1.38 and a beta of 0.70. The company has a quick ratio of 1.15, a current ratio of 2.01 and a debt-to-equity ratio of 0.10. Chico’s FAS, Inc. has a 12-month low of $7.15 and a 12-month high of $10.90.

Chico’s FAS (NYSE:CHS) last announced its quarterly earnings data on Wednesday, August 29th. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.01. The business had revenue of $544.72 million during the quarter, compared to analysts’ expectations of $541.02 million. Chico’s FAS had a return on equity of 11.79% and a net margin of 4.06%. The firm’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.18 earnings per share. Equities analysts anticipate that Chico’s FAS, Inc. will post 0.63 EPS for the current year.

Chico’s FAS Company Profile

Chico's FAS, Inc operates as an omni-channel specialty retailer of women's private branded, casual-to-dressy clothing, intimates, and complementary accessories. The company's portfolio of brands consists of the Chico's, White House Black Market (WHBM), and Soma. The Chico's brand primarily sells private branded clothing focusing on women 45 and older.

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Institutional Ownership by Quarter for Chico`s FAS (NYSE:CHS)

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