Axa S.A. Buys 24,400 Shares of Chico’s FAS, Inc. (NYSE:CHS)

Axa S.A. lifted its stake in shares of Chico’s FAS, Inc. (NYSE:CHS – Get Rating) by 143.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,400 shares of the specialty retailer’s stock after purchasing an additional 24,400 shares during the quarter. Axa S.A.’s holdings in Chico’s FAS were worth $200,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in CHS. Millennium Management LLC boosted its position in shares of Chico’s FAS by 550.4% during the 2nd quarter. Millennium Management LLC now owns 1,811,263 shares of the specialty retailer’s stock worth $9,002,000 after purchasing an additional 1,532,781 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Chico’s FAS by 275.8% in the 2nd quarter. Goldman Sachs Group Inc. now owns 1,596,271 shares of the specialty retailer’s stock valued at $7,934,000 after acquiring an additional 1,171,543 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Chico’s FAS by 22.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,327,760 shares of the specialty retailer’s stock valued at $15,973,000 after acquiring an additional 609,773 shares in the last quarter. Neuberger Berman Group LLC lifted its position in Chico’s FAS by 16.3% in the 1st quarter. Neuberger Berman Group LLC now owns 4,180,927 shares of the specialty retailer’s stock valued at $20,066,000 after acquiring an additional 584,658 shares in the last quarter. Finally, Pacer Advisors Inc. lifted its position in Chico’s FAS by 25.2% in the 3rd quarter. Pacer Advisors Inc. now owns 2,693,220 shares of the specialty retailer’s stock valued at $13,035,000 after acquiring an additional 541,437 shares in the last quarter. Institutional investors own 88.59% of the company’s stock.

Chico’s FAS Trading Up 4.0 %

NYSE:CHS opened at $6.20 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.48 and a current ratio of 1.14. The firm has a market cap of $775.87 million, a price-to-earnings ratio of 7.05 and a beta of 1.22. Chico’s FAS, Inc. has a 52 week low of $3.80 and a 52 week high of $7.30. The firm has a 50-day moving average price of $5.06 and a two-hundred day moving average price of $5.47.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. StockNews.com raised shares of Chico’s FAS from a “hold” rating to a “buy” rating in a research report on Monday, February 6th. TheStreet cut shares of Chico’s FAS from a “b-” rating to a “c” rating in a research report on Tuesday, November 22nd. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $6.00 price target on shares of Chico’s FAS in a research report on Tuesday.

Chico’s FAS Profile

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Chico’s FAS, Inc engages in the retail of women’s private branded, sophisticated, casual-to-dressy apparel, intimates, and complementary accessories. The firm’s product portfolio consists of the following brands: Chico’s, Soma, and White House Black Market. It also operates boutiques, retail stores, and websites to sell the products.