Arizona State Retirement System boosted its position in Francesca’s Holdings Corp (NASDAQ:FRAN) by 221.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 61,740 shares of the specialty retailer’s stock after purchasing an additional 42,515 shares during the period. Arizona State Retirement System owned about 0.17% of Francesca’s worth $451,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in FRAN. Robotti Robert bought a new position in shares of Francesca’s in the fourth quarter worth about $2,726,000. Paradigm Capital Management Inc. NY raised its stake in shares of Francesca’s by 59.6% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 3,089,200 shares of the specialty retailer’s stock worth $22,582,000 after buying an additional 1,153,900 shares during the period. Crossmark Global Holdings Inc. raised its stake in Francesca’s by 136.1% during the 4th quarter. Crossmark Global Holdings Inc. now owns 28,372 shares of the specialty retailer’s stock valued at $207,000 after purchasing an additional 16,356 shares during the period. Boston Partners raised its stake in Francesca’s by 17.3% during the 4th quarter. Boston Partners now owns 633,557 shares of the specialty retailer’s stock valued at $4,631,000 after purchasing an additional 93,449 shares during the period. Finally, Engineers Gate Manager LP bought a new stake in Francesca’s during the 4th quarter valued at approximately $150,000. 98.10% of the stock is currently owned by institutional investors and hedge funds.
Shares of Francesca’s stock traded up $0.16 on Thursday, reaching $4.97. The company had a trading volume of 628,787 shares, compared to its average volume of 1,213,413. The stock has a market cap of $167.98, a price-to-earnings ratio of 9.56, a price-to-earnings-growth ratio of 0.68 and a beta of 0.01. Francesca’s Holdings Corp has a 1 year low of $4.51 and a 1 year high of $16.18.
Francesca’s (NASDAQ:FRAN) last announced its earnings results on Tuesday, March 27th. The specialty retailer reported $0.20 EPS for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.01. Francesca’s had a return on equity of 16.52% and a net margin of 3.30%. The firm had revenue of $138.50 million during the quarter, compared to analysts’ expectations of $138.50 million. During the same quarter in the previous year, the business earned $0.39 EPS. The company’s quarterly revenue was down 5.3% on a year-over-year basis. equities analysts expect that Francesca’s Holdings Corp will post 0.56 EPS for the current year.
Several analysts recently issued reports on the company. Zacks Investment Research downgraded Francesca’s from a “hold” rating to a “sell” rating in a research note on Friday, March 30th. William Blair reissued a “market perform” rating on shares of Francesca’s in a research note on Tuesday, March 27th. Jefferies Group reissued a “hold” rating and set a $5.00 target price on shares of Francesca’s in a research note on Tuesday, March 27th. B. Riley set a $6.00 price objective on Francesca’s and gave the stock a “hold” rating in a research note on Tuesday, March 27th. Finally, ValuEngine raised Francesca’s from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. One analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. Francesca’s presently has an average rating of “Hold” and a consensus price target of $6.75.
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Francesca's Holdings Corporation, through its subsidiaries, operates a chain of retail boutiques. It offers fashion apparel, jewelry, accessories, and gifts primarily for women between the ages of 18 and 35. The company's apparel products comprise dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry includes necklaces, earrings, bracelets, and rings.
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