California Public Employees Retirement System Raises Stake in Chico’s FAS, Inc. (CHS)

California Public Employees Retirement System lifted its stake in shares of Chico’s FAS, Inc. (NYSE:CHS) by 11.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 550,128 shares of the specialty retailer’s stock after acquiring an additional 55,228 shares during the period. California Public Employees Retirement System owned 0.43% of Chico’s FAS worth $4,924,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in Chico’s FAS by 21.4% during the second quarter. Vanguard Group Inc. now owns 15,134,008 shares of the specialty retailer’s stock worth $142,563,000 after purchasing an additional 2,671,543 shares during the period. JPMorgan Chase & Co. increased its stake in Chico’s FAS by 0.4% during the third quarter. JPMorgan Chase & Co. now owns 8,203,559 shares of the specialty retailer’s stock worth $72,437,000 after purchasing an additional 35,305 shares during the period. Dimensional Fund Advisors LP increased its stake in Chico’s FAS by 8.0% during the second quarter. Dimensional Fund Advisors LP now owns 7,333,568 shares of the specialty retailer’s stock worth $69,082,000 after purchasing an additional 542,757 shares during the period. State Street Corp grew its position in shares of Chico’s FAS by 5.3% during the second quarter. State Street Corp now owns 5,139,633 shares of the specialty retailer’s stock worth $48,417,000 after buying an additional 256,414 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of Chico’s FAS by 32.6% during the second quarter. Goldman Sachs Group Inc. now owns 2,062,265 shares of the specialty retailer’s stock worth $19,427,000 after buying an additional 506,483 shares in the last quarter.

A number of brokerages have recently commented on CHS. B. Riley reissued a “buy” rating on shares of Chico’s FAS in a research report on Wednesday, November 1st. Telsey Advisory Group reaffirmed a “market perform” rating on shares of Chico’s FAS in a report on Tuesday, January 9th. KeyCorp reaffirmed a “hold” rating on shares of Chico’s FAS in a report on Wednesday, October 11th. ValuEngine downgraded Chico’s FAS from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Finally, FBR & Co reaffirmed a “buy” rating and issued a $14.00 price target on shares of Chico’s FAS in a report on Monday, October 2nd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $10.91.

Shares of Chico’s FAS, Inc. (CHS) opened at $9.87 on Tuesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.86 and a quick ratio of 0.88. Chico’s FAS, Inc. has a twelve month low of $6.96 and a twelve month high of $15.50. The firm has a market capitalization of $1,261.43, a price-to-earnings ratio of 14.73, a price-to-earnings-growth ratio of 1.51 and a beta of 0.73.

Chico’s FAS (NYSE:CHS) last issued its quarterly earnings results on Tuesday, November 21st. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.13. The firm had revenue of $532.30 million for the quarter, compared to analyst estimates of $534.77 million. Chico’s FAS had a return on equity of 13.98% and a net margin of 3.77%. The firm’s quarterly revenue was down 10.8% on a year-over-year basis. During the same period last year, the company earned $0.20 EPS. equities research analysts forecast that Chico’s FAS, Inc. will post 0.65 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 18th. Stockholders of record on Monday, December 4th were issued a $0.0825 dividend. The ex-dividend date was Friday, December 1st. This represents a $0.33 dividend on an annualized basis and a dividend yield of 3.34%. Chico’s FAS’s dividend payout ratio (DPR) is 49.25%.

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Chico’s FAS Company Profile

Chico’s FAS, Inc is an omni-channel specialty retailer of women’s private branded, casual-to-dressy clothing, intimates and accessories, operating under the Chico’s, White House Black Market (WHBM) and Soma brand names. The Company is also engaged in the sale of merchandise in its domestic and international retail stores.

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

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