SG Americas Securities LLC acquired a new position in shares of Francesca’s Holdings Corporation (NASDAQ:FRAN) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,776 shares of the specialty retailer’s stock, valued at approximately $151,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Wedge Capital Management L L P NC raised its stake in Francesca’s Holdings Corporation by 54.8% during the second quarter. Wedge Capital Management L L P NC now owns 22,142 shares of the specialty retailer’s stock worth $242,000 after acquiring an additional 7,836 shares in the last quarter. Boston Partners acquired a new stake in shares of Francesca’s Holdings Corporation in the second quarter valued at $4,979,000. Schwab Charles Investment Management Inc. increased its stake in shares of Francesca’s Holdings Corporation by 0.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 237,427 shares of the specialty retailer’s stock valued at $2,598,000 after buying an additional 1,206 shares in the last quarter. Canada Pension Plan Investment Board increased its stake in shares of Francesca’s Holdings Corporation by 71.8% in the second quarter. Canada Pension Plan Investment Board now owns 470,002 shares of the specialty retailer’s stock valued at $5,142,000 after buying an additional 196,402 shares in the last quarter. Finally, Cigna Investments Inc. New acquired a new stake in shares of Francesca’s Holdings Corporation in the second quarter valued at $400,000.

A number of brokerages have recently weighed in on FRAN. BidaskClub lowered Francesca’s Holdings Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 17th. ValuEngine lowered Francesca’s Holdings Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, June 22nd. Zacks Investment Research upgraded Francesca’s Holdings Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. FBR & Co upgraded Francesca’s Holdings Corporation from an “underperform” rating to a “market perform” rating and set a $14.00 target price for the company in a research note on Wednesday, May 31st. Finally, SunTrust Banks, Inc. lowered their target price on Francesca’s Holdings Corporation from $15.00 to $10.00 and set a “buy” rating for the company in a research note on Tuesday, August 22nd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. Francesca’s Holdings Corporation has an average rating of “Hold” and an average price target of $14.38.

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Francesca’s Holdings Corporation (NASDAQ:FRAN) opened at 7.01 on Friday. The company has a market cap of $257.51 million, a PE ratio of 7.24 and a beta of 0.18. The company has a 50-day moving average price of $7.86 and a 200 day moving average price of $11.94. Francesca’s Holdings Corporation has a 12-month low of $6.67 and a 12-month high of $22.39.

Francesca’s Holdings Corporation (NASDAQ:FRAN) last posted its quarterly earnings results on Wednesday, September 6th. The specialty retailer reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. Francesca’s Holdings Corporation had a return on equity of 31.88% and a net margin of 7.28%. The company had revenue of $119.70 million during the quarter, compared to analysts’ expectations of $119.80 million. During the same quarter in the previous year, the firm earned $0.27 EPS. Francesca’s Holdings Corporation’s revenue was up 3.8% on a year-over-year basis. On average, analysts forecast that Francesca’s Holdings Corporation will post $0.75 EPS for the current fiscal year.

Francesca’s Holdings Corporation 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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Institutional Ownership by Quarter for Francesca`s Holdings Corporation (NASDAQ:FRAN)

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