Dimensional Fund Advisors LP Raises Holdings in New York & Company, Inc. (NWY)

Dimensional Fund Advisors LP raised its position in New York & Company, Inc. (NYSE:NWY) by 3.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,587,647 shares of the specialty retailer’s stock after buying an additional 96,385 shares during the quarter. Dimensional Fund Advisors LP’s holdings in New York & Company, Inc. were worth $13,249,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NWY. JPMorgan Chase & Co. grew its holdings in New York & Company, Inc. by 61.0% in the 1st quarter. JPMorgan Chase & Co. now owns 65,640 shares of the specialty retailer’s stock worth $222,000 after acquiring an additional 24,870 shares during the last quarter. Element Capital Management LLC bought a new stake in New York & Company, Inc. in the 1st quarter worth $183,000. Millennium Management LLC grew its holdings in New York & Company, Inc. by 2,019.5% in the 1st quarter. Millennium Management LLC now owns 460,886 shares of the specialty retailer’s stock worth $1,558,000 after acquiring an additional 439,141 shares during the last quarter. Essex Investment Management Co. LLC bought a new stake in New York & Company, Inc. in the 2nd quarter worth $2,213,000. Finally, Acadian Asset Management LLC grew its holdings in New York & Company, Inc. by 1,641.8% in the 2nd quarter. Acadian Asset Management LLC now owns 489,563 shares of the specialty retailer’s stock worth $2,507,000 after acquiring an additional 461,456 shares during the last quarter. Institutional investors own 38.55% of the company’s stock.

NYSE:NWY opened at $3.60 on Thursday. New York & Company, Inc. has a 12 month low of $1.61 and a 12 month high of $5.55. The stock has a market capitalization of $250.25 million, a PE ratio of 36.20 and a beta of 1.22.

New York & Company, Inc. (NYSE:NWY) last posted its earnings results on Thursday, August 23rd. The specialty retailer reported $0.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.03. New York & Company, Inc. had a net margin of 1.21% and a return on equity of 15.71%. The firm had revenue of $216.37 million during the quarter, compared to analysts’ expectations of $216.61 million. As a group, research analysts predict that New York & Company, Inc. will post 0.2 earnings per share for the current year.

NWY has been the topic of a number of recent analyst reports. TheStreet lowered shares of New York & Company, Inc. from a “b-” rating to a “c+” rating in a report on Monday. ValuEngine raised shares of New York & Company, Inc. from a “hold” rating to a “buy” rating in a report on Monday, August 20th.

New York & Company, Inc. Profile

New York & Company, Inc operates as a specialty retailer of women's fashion apparel and accessories in the United States. It offers a merchandise assortment, including wear-to-work, casual apparel, and accessories comprising pants, dresses, jackets, knit tops, blouses, sweaters, denims, T-shirts, active wear, handbags, jewelry, and shoes under the New York & Company, NY&C, NY Style, Soho New York & Company Jeans, Lerner, Lerner New York, and Fashion to Figure brand names for women between the ages of 25 and 49.

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Institutional Ownership by Quarter for New York & Company, Inc. (NYSE:NWY)

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