Francesca's Holdings Corp (FRAN) Shares Sold by Nationwide Fund Advisors
Nationwide Fund Advisors cut its position in Francesca's Holdings Corp (NASDAQ:FRAN) by 62.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,579 shares of the specialty retailer’s stock after selling 34,716 shares during the period. Nationwide Fund Advisors owned 0.06% of Francesca's worth $151,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently modified their holdings of FRAN. Renaissance Technologies LLC boosted its stake in shares of Francesca's by 54.7% in the second quarter. Renaissance Technologies LLC now owns 1,467,706 shares of the specialty retailer’s stock worth $16,057,000 after acquiring an additional 519,206 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Francesca's by 11.5% in the second quarter. Vanguard Group Inc. now owns 3,900,598 shares of the specialty retailer’s stock worth $42,673,000 after acquiring an additional 402,270 shares during the last quarter. Schroder Investment Management Group boosted its stake in shares of Francesca's by 8,143.2% in the second quarter. Schroder Investment Management Group now owns 362,700 shares of the specialty retailer’s stock worth $4,055,000 after acquiring an additional 358,300 shares during the last quarter. Quantitative Investment Management LLC acquired a new stake in shares of Francesca's in the second quarter worth approximately $3,744,000. Finally, OxFORD Asset Management LLP boosted its stake in shares of Francesca's by 390.8% in the second quarter. OxFORD Asset Management LLP now owns 263,276 shares of the specialty retailer’s stock worth $2,880,000 after acquiring an additional 209,638 shares during the last quarter.
A number of analysts have recently issued reports on FRAN shares. B. Riley reaffirmed a “hold” rating and issued a $8.00 price target on shares of Francesca's in a research note on Tuesday, December 5th. BidaskClub raised Francesca's from a “hold” rating to a “buy” rating in a research note on Wednesday, December 20th. SunTrust Banks set a $8.00 price objective on Francesca's and gave the stock a “buy” rating in a research note on Friday. Zacks Investment Research lowered Francesca's from a “hold” rating to a “sell” rating in a research note on Thursday, December 7th. Finally, TheStreet lowered Francesca's from a “c” rating to a “d+” rating in a research note on Tuesday, December 5th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $11.00.
Francesca's Holdings Corp (NASDAQ:FRAN) opened at $5.95 on Friday. The firm has a market capitalization of $215.27, a price-to-earnings ratio of 8.38, a price-to-earnings-growth ratio of 0.88 and a beta of 0.23. Francesca's Holdings Corp has a 12 month low of $5.94 and a 12 month high of $19.50.
Francesca's (NASDAQ:FRAN) last announced its quarterly earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.03). Francesca's had a net margin of 5.52% and a return on equity of 23.19%. The business had revenue of $105.80 million during the quarter, compared to analyst estimates of $106.02 million. During the same period last year, the company earned $0.23 EPS. The business’s revenue for the quarter was down 11.5% on a year-over-year basis. research analysts anticipate that Francesca's Holdings Corp will post 0.68 earnings per share for the current fiscal year.
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Francesca's Company Profile
Francesca’s Holdings Corporation is a holding company. The Company is a specialty retailer, which operates a chain of boutiques across the United States. The Company offers a mix of apparel, jewelry, accessories and gifts. As of January 28, 2017, the Company operated 671 boutiques in 48 states and the District of Columbia, and also served its customers through www.francescas.com, its e-commerce Website.
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