Chico’s FAS, Inc. (CHS) Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System cut its holdings in shares of Chico’s FAS, Inc. (NYSE:CHS) by 11.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 227,925 shares of the specialty retailer’s stock after selling 29,162 shares during the quarter. California State Teachers Retirement System owned about 0.18% of Chico’s FAS worth $2,147,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of CHS. BlackRock Inc. lifted its holdings in shares of Chico’s FAS by 21,451.3% during the first quarter. BlackRock Inc. now owns 13,414,812 shares of the specialty retailer’s stock worth $190,490,000 after buying an additional 13,352,566 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Chico’s FAS by 21.4% during the second quarter. Vanguard Group Inc. now owns 15,134,008 shares of the specialty retailer’s stock worth $142,563,000 after buying an additional 2,671,543 shares during the last quarter. FMR LLC lifted its holdings in shares of Chico’s FAS by 56.8% during the second quarter. FMR LLC now owns 1,738,378 shares of the specialty retailer’s stock worth $16,376,000 after buying an additional 629,486 shares during the last quarter. Robeco Institutional Asset Management B.V. acquired a new position in shares of Chico’s FAS during the second quarter worth approximately $5,695,000. Finally, Wells Fargo & Company MN lifted its holdings in shares of Chico’s FAS by 43.5% during the second quarter. Wells Fargo & Company MN now owns 1,991,298 shares of the specialty retailer’s stock worth $18,757,000 after buying an additional 603,356 shares during the last quarter.

Shares of Chico’s FAS, Inc. (CHS) opened at $7.47 on Tuesday. Chico’s FAS, Inc. has a 1 year low of $6.96 and a 1 year high of $16.85. The firm has a market capitalization of $1,029.08, a price-to-earnings ratio of 10.84, a price-to-earnings-growth ratio of 1.13 and a beta of 0.69. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.78 and a quick ratio of 0.89.

Chico’s FAS (NYSE:CHS) last announced its quarterly earnings results on Wednesday, August 30th. The specialty retailer reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.03). Chico’s FAS had a net margin of 3.94% and a return on equity of 15.57%. The company had revenue of $578.60 million during the quarter, compared to the consensus estimate of $578.58 million. During the same quarter last year, the company earned $0.25 earnings per share. The business’s revenue was down 9.0% on a year-over-year basis. equities research analysts anticipate that Chico’s FAS, Inc. will post 0.63 EPS for the current fiscal year.

A number of research analysts have recently commented on the company. B. Riley reiterated a “buy” rating on shares of Chico’s FAS in a report on Wednesday, November 1st. Jefferies Group LLC set a $11.00 price target on Chico’s FAS and gave the stock a “hold” rating in a report on Friday, August 18th. Royal Bank Of Canada reiterated a “buy” rating and set a $12.00 price target on shares of Chico’s FAS in a report on Thursday, August 17th. KeyCorp reiterated a “hold” rating on shares of Chico’s FAS in a report on Friday, September 1st. Finally, Citigroup Inc. reiterated a “buy” rating and set a $10.00 price target (down from $13.00) on shares of Chico’s FAS in a report on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the company’s stock. Chico’s FAS presently has an average rating of “Hold” and a consensus price target of $11.69.

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

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