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

New York State Teachers Retirement System grew its stake in Chico’s FAS, Inc. (NYSE:CHSGet Rating) by 5.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 250,494 shares of the specialty retailer’s stock after buying an additional 13,182 shares during the quarter. New York State Teachers Retirement System owned 0.20% of Chico’s FAS worth $1,212,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Comerica Bank lifted its stake in Chico’s FAS by 2.1% in the second quarter. Comerica Bank now owns 106,437 shares of the specialty retailer’s stock worth $585,000 after acquiring an additional 2,185 shares during the last quarter. Mackenzie Financial Corp grew its stake in shares of Chico’s FAS by 3.4% during the third quarter. Mackenzie Financial Corp now owns 67,946 shares of the specialty retailer’s stock worth $329,000 after purchasing an additional 2,251 shares in the last quarter. Sei Investments Co. grew its stake in shares of Chico’s FAS by 20.6% during the first quarter. Sei Investments Co. now owns 14,093 shares of the specialty retailer’s stock worth $45,000 after purchasing an additional 2,404 shares in the last quarter. Public Sector Pension Investment Board increased its holdings in Chico’s FAS by 1.1% in the second quarter. Public Sector Pension Investment Board now owns 231,657 shares of the specialty retailer’s stock valued at $1,151,000 after buying an additional 2,448 shares during the last quarter. Finally, Bank of Montreal Can raised its stake in Chico’s FAS by 8.7% in the first quarter. Bank of Montreal Can now owns 34,843 shares of the specialty retailer’s stock valued at $172,000 after buying an additional 2,784 shares in the last quarter. 88.59% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Bonnie R. Brooks sold 100,000 shares of the stock in a transaction dated Wednesday, November 30th. The shares were sold at an average price of $5.75, for a total transaction of $575,000.00. Following the completion of the sale, the director now owns 892,527 shares in the company, valued at $5,132,030.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 3.60% of the stock is currently owned by insiders.

Chico’s FAS Stock Up 2.3 %

CHS opened at $4.49 on Friday. The stock has a market capitalization of $561.89 million, a P/E ratio of 4.93 and a beta of 1.23. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.48 and a current ratio of 1.21. Chico’s FAS, Inc. has a one year low of $3.80 and a one year high of $7.30. The business’s 50-day simple moving average is $5.45 and its 200-day simple moving average is $5.51.

Chico’s FAS (NYSE:CHSGet Rating) last issued its quarterly earnings data on Tuesday, November 22nd. The specialty retailer reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.07. The company had revenue of $518.33 million during the quarter, compared to analysts’ expectations of $508.00 million. Chico’s FAS had a return on equity of 40.94% and a net margin of 5.31%. Analysts anticipate that Chico’s FAS, Inc. will post 0.83 EPS for the current year.

Wall Street Analyst Weigh In

CHS has been the subject of several analyst reports. TheStreet cut Chico’s FAS from a “b-” rating to a “c” rating in a research report on Tuesday, November 22nd. StockNews.com downgraded Chico’s FAS from a “buy” rating to a “hold” rating in a report on Wednesday, January 11th. Finally, Telsey Advisory Group cut their price objective on shares of Chico’s FAS from $7.00 to $6.00 and set a “market perform” rating on the stock in a report on Tuesday, January 10th.

Chico’s FAS Company Profile

(Get Rating)

Chico's FAS, Inc operates as an omnichannel specialty retailer of women's private branded casual-to-dressy clothing, intimates, and complementary accessories. It operates under the Chico's, White House Black Market (WHBM)and Soma brands. The Chico's brand primarily sells private branded clothing focusing on women with moderate to high household income levels.

Further Reading

Institutional Ownership by Quarter for Chico's FAS (NYSE:CHS)

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