Hsbc Holdings PLC Sells 7,145 Shares of Chico’s FAS, Inc. (NYSE:CHS)

Hsbc Holdings PLC lowered its holdings in Chico’s FAS, Inc. (NYSE:CHS – Get Rating) by 15.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,073 shares of the specialty retailer’s stock after selling 7,145 shares during the quarter. Hsbc Holdings PLC’s holdings in Chico’s FAS were worth $194,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. WINTON GROUP Ltd grew its stake in Chico’s FAS by 186.9% during the third quarter. WINTON GROUP Ltd now owns 44,526 shares of the specialty retailer’s stock worth $216,000 after buying an additional 29,005 shares during the last quarter. Global Alpha Capital Management Ltd. grew its stake in Chico’s FAS by 11.2% during the third quarter. Global Alpha Capital Management Ltd. now owns 4,025,100 shares of the specialty retailer’s stock worth $19,481,000 after buying an additional 404,900 shares during the last quarter. ExodusPoint Capital Management LP grew its stake in Chico’s FAS by 46.3% during the third quarter. ExodusPoint Capital Management LP now owns 271,269 shares of the specialty retailer’s stock worth $1,313,000 after buying an additional 85,859 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Chico’s FAS by 12.8% during the third quarter. Dimensional Fund Advisors LP now owns 4,305,201 shares of the specialty retailer’s stock worth $20,835,000 after buying an additional 487,364 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in Chico’s FAS by 1,057.4% during the third quarter. Tower Research Capital LLC TRC now owns 45,579 shares of the specialty retailer’s stock worth $220,000 after buying an additional 41,641 shares during the last quarter. Institutional investors own 88.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Telsey Advisory Group reiterated a “market perform” rating and set a $6.00 target price on shares of Chico’s FAS in a research report on Tuesday, February 28th. StockNews.com upgraded shares of Chico’s FAS from a “hold” rating to a “buy” rating in a research report on Monday, February 6th. Finally, TheStreet lowered shares of Chico’s FAS from a “b-” rating to a “c” rating in a research report on Tuesday, November 22nd.

Chico’s FAS Trading Up 0.2 %

Shares of NYSE CHS opened at $6.06 on Friday. The company’s 50 day simple moving average is $5.21 and its 200 day simple moving average is $5.43. Chico’s FAS, Inc. has a fifty-two week low of $3.80 and a fifty-two week high of $7.30. The firm has a market capitalization of $757.92 million, a P/E ratio of 6.89 and a beta of 1.23. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.14 and a quick ratio of 0.53.

Chico’s FAS Company 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.