First Trust Advisors LP Has $2.62 Million Stake in Chico’s FAS, Inc. (CHS)

First Trust Advisors LP increased its stake in shares of Chico’s FAS, Inc. (NYSE:CHS) by 63.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 293,173 shares of the specialty retailer’s stock after acquiring an additional 114,154 shares during the period. First Trust Advisors LP owned 0.23% of Chico’s FAS worth $2,624,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of CHS. Vanguard Group Inc. increased its holdings in shares of Chico’s FAS by 21.4% during the 2nd quarter. Vanguard Group Inc. now owns 15,134,008 shares of the specialty retailer’s stock valued at $142,563,000 after acquiring an additional 2,671,543 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Chico’s FAS by 108.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,259,455 shares of the specialty retailer’s stock valued at $11,273,000 after acquiring an additional 654,970 shares during the last quarter. FMR LLC increased its holdings in shares of Chico’s FAS by 56.8% during the 2nd quarter. FMR LLC now owns 1,738,378 shares of the specialty retailer’s stock valued at $16,376,000 after acquiring an additional 629,486 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Chico’s FAS by 43.5% during the 2nd quarter. Wells Fargo & Company MN now owns 1,991,298 shares of the specialty retailer’s stock valued at $18,757,000 after acquiring an additional 603,356 shares during the last quarter. Finally, Hancock Holding Co. increased its holdings in shares of Chico’s FAS by 925.2% during the 2nd quarter. Hancock Holding Co. now owns 664,360 shares of the specialty retailer’s stock valued at $6,258,000 after acquiring an additional 599,560 shares during the last quarter.

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CHS has been the topic of a number of research analyst reports. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $12.00 target price on shares of Chico’s FAS in a report on Thursday, August 17th. FBR & Co reaffirmed a “buy” rating and issued a $14.00 target price (down previously from $16.00) on shares of Chico’s FAS in a report on Thursday, August 31st. Citigroup Inc. reaffirmed a “buy” rating and issued a $10.00 target price (down previously from $13.00) on shares of Chico’s FAS in a report on Friday, September 1st. SunTrust Banks, Inc. set a $12.00 target price on Chico’s FAS and gave the company a “buy” rating in a report on Monday, October 16th. Finally, B. Riley reaffirmed a “buy” rating on shares of Chico’s FAS in a report on Wednesday, November 1st. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $11.25.

Shares of Chico’s FAS, Inc. (CHS) opened at $8.36 on Thursday. The company has a quick ratio of 0.89, a current ratio of 1.86 and a debt-to-equity ratio of 0.09. Chico’s FAS, Inc. has a 52-week low of $6.96 and a 52-week high of $16.85. The company has a market capitalization of $1,012.40, a P/E ratio of 11.78, a price-to-earnings-growth ratio of 1.12 and a beta of 0.69.

Chico’s FAS (NYSE:CHS) last announced its quarterly earnings data on Tuesday, November 21st. The specialty retailer reported $0.13 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.13. Chico’s FAS had a return on equity of 13.98% and a net margin of 3.77%. The company had revenue of $532.30 million during the quarter, compared to the consensus estimate of $534.77 million. During the same quarter last year, the company earned $0.20 EPS. The company’s quarterly revenue was down 10.8% on a year-over-year basis. sell-side analysts expect that Chico’s FAS, Inc. will post 0.62 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Shareholders of record on Monday, December 4th will be given a $0.0825 dividend. The ex-dividend date is Friday, December 1st. This represents a $0.33 dividend on an annualized basis and a dividend yield of 3.95%. Chico’s FAS’s dividend payout ratio is currently 49.25%.

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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