APG Asset Management N.V. bought a new position in shares of Chico’s FAS, Inc. (NYSE:CHS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 107,100 shares of the specialty retailer’s stock, valued at approximately $527,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Texas Permanent School Fund grew its holdings in Chico’s FAS by 4.0% during the 4th quarter. Texas Permanent School Fund now owns 82,280 shares of the specialty retailer’s stock valued at $462,000 after buying an additional 3,190 shares during the last quarter. CWM Advisors LLC increased its position in Chico’s FAS by 31.5% during the fourth quarter. CWM Advisors LLC now owns 16,661 shares of the specialty retailer’s stock worth $94,000 after buying an additional 3,987 shares in the last quarter. New York State Teachers Retirement System raised its holdings in shares of Chico’s FAS by 1.2% in the fourth quarter. New York State Teachers Retirement System now owns 358,403 shares of the specialty retailer’s stock worth $2,014,000 after acquiring an additional 4,200 shares during the last quarter. BB&T Securities LLC raised its holdings in shares of Chico’s FAS by 36.8% in the fourth quarter. BB&T Securities LLC now owns 17,100 shares of the specialty retailer’s stock worth $96,000 after acquiring an additional 4,600 shares during the last quarter. Finally, Quantamental Technologies LLC acquired a new position in shares of Chico’s FAS in the fourth quarter worth $28,000. Institutional investors own 99.55% of the company’s stock.

A number of analysts recently commented on CHS shares. ValuEngine raised Chico’s FAS from a “hold” rating to a “buy” rating in a research note on Friday, March 15th. Zacks Investment Research raised shares of Chico’s FAS from a “hold” rating to a “buy” rating and set a $6.50 target price for the company in a research note on Monday, February 4th. Finally, Nomura set a $6.00 target price on shares of Chico’s FAS and gave the company a “hold” rating in a report on Tuesday, December 11th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. Chico’s FAS has an average rating of “Hold” and an average price target of $6.15.

CHS stock opened at $3.94 on Wednesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.76 and a quick ratio of 0.91. The company has a market capitalization of $478.80 million, a price-to-earnings ratio of 12.71, a PEG ratio of 4.92 and a beta of 0.37. Chico’s FAS, Inc. has a one year low of $3.93 and a one year high of $10.90.

Chico’s FAS (NYSE:CHS) last posted its quarterly earnings data on Wednesday, March 6th. The specialty retailer reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.02. Chico’s FAS had a return on equity of 6.89% and a net margin of 1.67%. The business had revenue of $524.70 million for the quarter, compared to analysts’ expectations of $514.28 million. During the same quarter last year, the firm earned $0.11 earnings per share. The business’s revenue was down 10.7% on a year-over-year basis. As a group, sell-side analysts expect that Chico’s FAS, Inc. will post 0.09 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Monday, March 18th were paid a $0.0875 dividend. This is a positive change from Chico’s FAS’s previous quarterly dividend of $0.09. This represents a $0.35 annualized dividend and a yield of 8.88%. The ex-dividend date was Friday, March 15th. Chico’s FAS’s dividend payout ratio is presently 112.90%.

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About Chico’s FAS

Chico's FAS, Inc operates as an omni-channel specialty retailer of women's private branded, casual-to-dressy clothing, intimates, and complementary accessories. The company's portfolio of brands consists of the Chico's, White House Black Market (WHBM), and Soma. The Chico's brand primarily sells private branded clothing focusing on women 45 and older.

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

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