Chico’s FAS, Inc. (CHS) Shares Bought by New York State Teachers Retirement System

New York State Teachers Retirement System increased its stake in Chico’s FAS, Inc. (NYSE:CHS) by 16.0% during the third quarter, according to its most recent filing with the SEC. The fund owned 371,503 shares of the specialty retailer’s stock after buying an additional 51,338 shares during the quarter. New York State Teachers Retirement System owned 0.29% of Chico’s FAS worth $3,325,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. State Board of Administration of Florida Retirement System boosted its holdings in shares of Chico’s FAS by 0.3% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 129,423 shares of the specialty retailer’s stock worth $1,219,000 after buying an additional 413 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Chico’s FAS by 6.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,637 shares of the specialty retailer’s stock worth $109,000 after buying an additional 473 shares during the last quarter. Comerica Bank boosted its holdings in shares of Chico’s FAS by 0.5% in the 2nd quarter. Comerica Bank now owns 101,736 shares of the specialty retailer’s stock worth $874,000 after buying an additional 507 shares during the last quarter. Northwestern Mutual Investment Management Company LLC boosted its holdings in shares of Chico’s FAS by 2.8% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 22,894 shares of the specialty retailer’s stock worth $245,000 after buying an additional 628 shares during the last quarter. Finally, Macquarie Group Ltd. boosted its holdings in shares of Chico’s FAS by 0.8% in the 2nd quarter. Macquarie Group Ltd. now owns 90,433 shares of the specialty retailer’s stock worth $852,000 after buying an additional 688 shares during the last quarter.

Shares of Chico’s FAS, Inc. (NYSE:CHS) opened at $8.02 on Friday. Chico’s FAS, Inc. has a 52-week low of $6.96 and a 52-week high of $16.85. The firm has a market capitalization of $1,029.08, a PE ratio of 10.84, a PEG ratio of 1.13 and a beta of 0.69. The company has a current ratio of 1.78, a quick ratio of 0.89 and a debt-to-equity ratio of 0.10.

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 the Thomson Reuters’ consensus estimate 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 for the quarter, compared to the consensus estimate of $578.58 million. During the same quarter in the prior year, the company earned $0.25 earnings per share. The company’s quarterly revenue was down 9.0% on a year-over-year basis. sell-side analysts predict that Chico’s FAS, Inc. will post 0.63 EPS for the current year.

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CHS has been the topic of a number of research analyst reports. BidaskClub downgraded shares of Chico’s FAS from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. KeyCorp reaffirmed a “hold” rating on shares of Chico’s FAS in a report on Wednesday, October 11th. SunTrust Banks, Inc. set a $12.00 price objective on shares of Chico’s FAS and gave the company a “buy” rating in a report on Monday, October 16th. Jefferies Group LLC set a $11.00 price objective on shares of Chico’s FAS and gave the company a “hold” rating in a report on Friday, August 18th. Finally, Citigroup Inc. downgraded shares of Chico’s FAS from a “buy” rating to a “neutral” rating in a report on Monday, October 16th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating to the stock. Chico’s FAS presently has a consensus rating of “Hold” and a consensus price target of $11.69.

About Chico’s FAS

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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