Texas Permanent School Fund Corp Has $581,000 Stock Holdings in Chico’s FAS, Inc. (NYSE:CHS)

Texas Permanent School Fund Corp reduced its position in Chico’s FAS, Inc. (NYSE:CHS) by 3.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 108,685 shares of the specialty retailer’s stock after selling 3,477 shares during the quarter. Texas Permanent School Fund Corp’s holdings in Chico’s FAS were worth $581,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Point72 Hong Kong Ltd lifted its position in Chico’s FAS by 333.0% in the first quarter. Point72 Hong Kong Ltd now owns 8,309 shares of the specialty retailer’s stock worth $40,000 after purchasing an additional 6,390 shares during the period. Sei Investments Co. raised its position in Chico’s FAS by 20.6% in 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. Tower Research Capital LLC TRC raised its position in Chico’s FAS by 54.9% in the first quarter. Tower Research Capital LLC TRC now owns 8,655 shares of the specialty retailer’s stock worth $48,000 after purchasing an additional 3,067 shares in the last quarter. Mirabella Financial Services LLP bought a new stake in Chico’s FAS in the first quarter valued at $48,000. Finally, LPL Financial LLC bought a new stake in Chico’s FAS in the fourth quarter valued at $54,000. 89.96% of the stock is owned by institutional investors.

Chico’s FAS Trading Down 0.1 %

CHS opened at $7.51 on Tuesday. The company has a current ratio of 1.21, a quick ratio of 0.51 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $927.02 million, a PE ratio of 7.02 and a beta of 1.08. Chico’s FAS, Inc. has a 1-year low of $4.33 and a 1-year high of $7.54. The firm has a 50-day moving average price of $6.78 and a two-hundred day moving average price of $5.86.

Chico’s FAS (NYSE:CHS) last released its earnings results on Tuesday, August 29th. The specialty retailer reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01. The company had revenue of $545.13 million during the quarter, compared to the consensus estimate of $554.90 million. Chico’s FAS had a return on equity of 29.62% and a net margin of 6.19%. During the same quarter in the previous year, the company posted $0.34 earnings per share. As a group, equities analysts anticipate that Chico’s FAS, Inc. will post 0.69 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CHS. StockNews.com began coverage on shares of Chico’s FAS in a research report on Tuesday, November 14th. They issued a “buy” rating on the stock. Telsey Advisory Group lifted their price objective on Chico’s FAS from $6.00 to $7.60 and gave the company a “market perform” rating in a research report on Friday, September 29th. Finally, B. Riley downgraded Chico’s FAS from a “buy” rating to a “neutral” rating in a research report on Friday, September 29th.

Chico’s FAS Profile

Chico's FAS, Inc operates as an omnichannel specialty retailer of women's private branded casual-to-dressy clothing, intimates, and complementary accessories in the United States, Puerto Rico, Virgin Islands; and franchise locations in Mexico and domestic airports. The company operates under the Chico's, White House Black Market (WHBM), and Soma brands.