Stevens Capital Management LP grew its holdings in shares of Ascena Retail Group, Inc. (NASDAQ:ASNA) by 230.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 76,907 shares of the specialty retailer’s stock after purchasing an additional 53,622 shares during the period. Stevens Capital Management LP’s holdings in Ascena Retail Group were worth $188,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of ASNA. FMR LLC raised its holdings in shares of Ascena Retail Group by 282.9% during the first quarter. FMR LLC now owns 1,258,449 shares of the specialty retailer’s stock worth $5,361,000 after purchasing an additional 929,755 shares during the period. Teachers Advisors LLC grew its position in shares of Ascena Retail Group by 3.9% during the first quarter. Teachers Advisors LLC now owns 305,091 shares of the specialty retailer’s stock worth $1,300,000 after acquiring an additional 11,432 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Ascena Retail Group by 3.8% during the first quarter. Geode Capital Management LLC now owns 1,396,917 shares of the specialty retailer’s stock worth $5,950,000 after acquiring an additional 50,736 shares during the last quarter. BlackRock Inc. grew its position in shares of Ascena Retail Group by 54,175.1% during the first quarter. BlackRock Inc. now owns 21,051,698 shares of the specialty retailer’s stock worth $89,680,000 after acquiring an additional 21,012,911 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its position in shares of Ascena Retail Group by 8.9% during the first quarter. Schwab Charles Investment Management Inc. now owns 1,555,647 shares of the specialty retailer’s stock worth $6,628,000 after acquiring an additional 126,531 shares during the last quarter. 94.11% of the stock is currently owned by institutional investors.

ASNA has been the subject of several recent research reports. BidaskClub upgraded shares of Ascena Retail Group from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. FBR & Co set a $3.00 target price on shares of Ascena Retail Group and gave the company a “hold” rating in a research report on Tuesday, August 15th. Zacks Investment Research upgraded shares of Ascena Retail Group from a “sell” rating to a “hold” rating in a research report on Monday, September 18th. Royal Bank Of Canada decreased their target price on shares of Ascena Retail Group from $5.00 to $2.50 and set a “sector perform” rating for the company in a research report on Friday, October 6th. Finally, KeyCorp reiterated a “hold” rating on shares of Ascena Retail Group in a research report on Wednesday, October 11th. Two research analysts have rated the stock with a sell rating and eleven have assigned a hold rating to the stock. Ascena Retail Group currently has a consensus rating of “Hold” and a consensus price target of $3.50.

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Shares of Ascena Retail Group, Inc. (ASNA) opened at $2.19 on Thursday. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.52 and a current ratio of 1.20. Ascena Retail Group, Inc. has a 52 week low of $1.65 and a 52 week high of $8.19. The company has a market cap of $423.38, a PE ratio of 10.29 and a beta of 1.88.

Ascena Retail Group (NASDAQ:ASNA) last posted its quarterly earnings data on Monday, September 25th. The specialty retailer reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.08. Ascena Retail Group had a negative net margin of 16.05% and a positive return on equity of 3.13%. The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same period in the prior year, the firm earned $0.08 earnings per share. The business’s quarterly revenue was down 8.5% on a year-over-year basis. equities research analysts predict that Ascena Retail Group, Inc. will post 0.23 EPS for the current fiscal year.

Ascena Retail Group Profile

Ascena Retail Group, Inc is a specialty retailer of apparel for women and tween girls. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands.

Institutional Ownership by Quarter for Ascena Retail Group (NASDAQ:ASNA)

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