Francesca’s Holdings Corporation (FRAN) Stake Boosted by Globeflex Capital L P

Globeflex Capital L P raised its stake in shares of Francesca’s Holdings Corporation (NASDAQ:FRAN) by 1,014.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,276 shares of the specialty retailer’s stock after buying an additional 76,717 shares during the period. Globeflex Capital L P owned 0.22% of Francesca’s Holdings Corporation worth $1,294,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Francesca’s Holdings Corporation by 3.5% in the first quarter. Vanguard Group Inc. now owns 3,498,328 shares of the specialty retailer’s stock valued at $53,700,000 after buying an additional 119,693 shares during the period. Thrivent Financial For Lutherans increased its stake in shares of Francesca’s Holdings Corporation by 5.5% in the first quarter. Thrivent Financial For Lutherans now owns 21,530 shares of the specialty retailer’s stock valued at $330,000 after buying an additional 1,130 shares during the period. Legal & General Group Plc increased its stake in shares of Francesca’s Holdings Corporation by 1.1% in the first quarter. Legal & General Group Plc now owns 67,109 shares of the specialty retailer’s stock valued at $1,034,000 after buying an additional 717 shares during the period. Clark Capital Management Group Inc. bought a new stake in shares of Francesca’s Holdings Corporation during the first quarter valued at approximately $1,668,000. Finally, TIAA CREF Investment Management LLC increased its stake in shares of Francesca’s Holdings Corporation by 17.4% in the first quarter. TIAA CREF Investment Management LLC now owns 305,500 shares of the specialty retailer’s stock valued at $4,689,000 after buying an additional 45,377 shares during the period.

Institutional Ownership by Quarter for Francesca`s Holdings Corporation (NASDAQ:FRAN)

Francesca’s Holdings Corporation (FRAN) traded down 2.02% on Tuesday, hitting $10.68. The stock had a trading volume of 641,181 shares. Francesca’s Holdings Corporation has a 1-year low of $9.99 and a 1-year high of $22.39. The company has a 50-day moving average price of $13.30 and a 200-day moving average price of $16.30. The stock has a market capitalization of $396.47 million, a price-to-earnings ratio of 10.28 and a beta of 0.27.

Francesca’s Holdings Corporation (NASDAQ:FRAN) last posted its quarterly earnings data on Tuesday, June 6th. The specialty retailer reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by $0.02. The company had revenue of $107.70 million during the quarter, compared to the consensus estimate of $113.15 million. Francesca’s Holdings Corporation had a net margin of 8.03% and a return on equity of 36.12%. Francesca’s Holdings Corporation’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.18 earnings per share. Equities analysts predict that Francesca’s Holdings Corporation will post $1.07 earnings per share for the current year.

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FRAN has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Francesca’s Holdings Corporation from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a report on Wednesday, March 22nd. ValuEngine downgraded shares of Francesca’s Holdings Corporation from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd. FBR & Co raised shares of Francesca’s Holdings Corporation from an “underperform” rating to a “market perform” rating and set a $14.00 price objective for the company in a research report on Wednesday, May 31st. Wedbush reduced their price objective on shares of Francesca’s Holdings Corporation from $20.00 to $16.00 and set a “neutral” rating for the company in a research report on Tuesday, March 21st. Finally, Mizuho reduced their price objective on shares of Francesca’s Holdings Corporation from $18.00 to $17.00 and set a “neutral” rating for the company in a research report on Tuesday, March 21st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. Francesca’s Holdings Corporation presently has an average rating of “Hold” and an average price target of $17.13.

In other news, insider Khalid Mir Malik sold 110,692 shares of the stock in a transaction that occurred on Tuesday, March 28th. The stock was sold at an average price of $15.95, for a total value of $1,765,537.40. Following the sale, the insider now directly owns 66,781 shares in the company, valued at $1,065,156.95. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 1.19% of the company’s stock.

Francesca’s Holdings Corporation Company Profile

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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