Robotti Robert acquired a new stake in Francesca's Holdings Corp (NASDAQ:FRAN) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 372,950 shares of the specialty retailer’s stock, valued at approximately $2,726,000. Robotti Robert owned 1.03% of Francesca's at the end of the most recent reporting period.
A number of other institutional investors also recently added to or reduced their stakes in the business. Koch Industries Inc. acquired a new position in Francesca's during the 2nd quarter valued at approximately $110,000. Cetera Advisor Networks LLC acquired a new stake in shares of Francesca's in the third quarter worth $124,000. FNY Managed Accounts LLC acquired a new stake in shares of Francesca's in the third quarter worth $135,000. Engineers Gate Manager LP purchased a new stake in Francesca's during the fourth quarter worth $150,000. Finally, Hotchkis & Wiley Capital Management LLC purchased a new stake in Francesca's during the third quarter worth $186,000. 95.39% of the stock is owned by institutional investors.
Shares of Francesca's Holdings Corp (NASDAQ:FRAN) traded down $0.14 during mid-day trading on Wednesday, hitting $5.39. 2,099,600 shares of the company were exchanged, compared to its average volume of 1,462,943. Francesca's Holdings Corp has a 52-week low of $5.18 and a 52-week high of $18.63. The firm has a market capitalization of $200.07, a PE ratio of 7.49, a P/E/G ratio of 0.71 and a beta of -0.05.
Francesca's (NASDAQ:FRAN) last issued its quarterly earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). The firm had revenue of $105.80 million during the quarter, compared to analysts’ expectations of $106.02 million. Francesca's had a return on equity of 23.19% and a net margin of 5.52%. The firm’s revenue was down 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.23 EPS. sell-side analysts expect that Francesca's Holdings Corp will post 0.53 earnings per share for the current year.
A number of analysts recently issued reports on the stock. B. Riley reissued a “neutral” rating on shares of Francesca's in a report on Wednesday, November 1st. ValuEngine downgraded shares of Francesca's from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. TheStreet downgraded shares of Francesca's from a “c” rating to a “d+” rating in a research note on Tuesday, December 5th. BidaskClub raised shares of Francesca's from a “hold” rating to a “buy” rating in a research note on Wednesday, December 20th. Finally, SunTrust Banks set a $8.00 price objective on shares of Francesca's and gave the stock a “buy” rating in a research report on Friday, January 5th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. Francesca's has an average rating of “Hold” and a consensus target price of $10.67.
In other Francesca's news, CEO Steven Paul Lawrence bought 10,000 shares of the business’s stock in a transaction dated Thursday, January 11th. The shares were acquired at an average cost of $5.56 per share, with a total value of $55,600.00. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 1.19% of the company’s stock.
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Francesca’s Holdings Corporation is a holding company. The Company is a specialty retailer, which operates a chain of boutiques across the United States. The Company offers a mix of apparel, jewelry, accessories and gifts. As of January 28, 2017, the Company operated 671 boutiques in 48 states and the District of Columbia, and also served its customers through www.francescas.com, its e-commerce Website.
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