KBC Group NV lessened its holdings in Francesca’s Holdings Corp (NASDAQ:FRAN) by 48.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 79,926 shares of the specialty retailer’s stock after selling 74,425 shares during the period. KBC Group NV owned 0.23% of Francesca’s worth $384,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in FRAN. Engineers Gate Manager LP purchased a new stake in shares of Francesca’s in the fourth quarter valued at about $150,000. Boston Partners raised its position in shares of Francesca’s by 17.3% in the fourth quarter. Boston Partners now owns 633,557 shares of the specialty retailer’s stock valued at $4,631,000 after buying an additional 93,449 shares during the last quarter. Crossmark Global Holdings Inc. raised its position in shares of Francesca’s by 136.1% in the fourth quarter. Crossmark Global Holdings Inc. now owns 28,372 shares of the specialty retailer’s stock valued at $207,000 after buying an additional 16,356 shares during the last quarter. Paradigm Capital Management Inc. NY raised its position in shares of Francesca’s by 59.6% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 3,089,200 shares of the specialty retailer’s stock valued at $22,582,000 after buying an additional 1,153,900 shares during the last quarter. Finally, Robotti Robert acquired a new position in shares of Francesca’s in the fourth quarter valued at approximately $2,726,000. 92.46% of the stock is currently owned by institutional investors.
In related news, Director Richard J. Emmett purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 7th. The stock was purchased at an average price of $6.37 per share, with a total value of $63,700.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.20% of the company’s stock.
Shares of Francesca’s opened at $8.08 on Friday, Marketbeat reports. Francesca’s Holdings Corp has a one year low of $4.51 and a one year high of $11.53. The company has a market cap of $278.44 million, a P/E ratio of 15.54, a P/E/G ratio of 1.09 and a beta of 0.05.
Francesca’s (NASDAQ:FRAN) last issued its quarterly earnings results on Tuesday, June 5th. The specialty retailer reported ($0.11) EPS for the quarter, hitting the consensus estimate of ($0.11). Francesca’s had a net margin of 1.58% and a return on equity of 9.35%. The firm had revenue of $100.40 million during the quarter, compared to analyst estimates of $101.48 million. During the same quarter in the prior year, the business posted $0.12 earnings per share. Francesca’s’s revenue for the quarter was down 6.8% compared to the same quarter last year. equities research analysts expect that Francesca’s Holdings Corp will post 0.57 EPS for the current fiscal year.
A number of equities analysts have recently weighed in on FRAN shares. Zacks Investment Research lowered shares of Francesca’s from a “hold” rating to a “sell” rating in a research report on Friday, March 30th. ValuEngine raised shares of Francesca’s from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Jefferies Financial Group reissued a “hold” rating and issued a $5.00 price objective on shares of Francesca’s in a research report on Tuesday, March 27th. B. Riley set a $6.00 price objective on shares of Francesca’s and gave the company a “hold” rating in a research report on Tuesday, March 27th. Finally, William Blair reissued a “market perform” rating on shares of Francesca’s in a research report on Tuesday, March 27th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. Francesca’s presently has a consensus rating of “Hold” and a consensus price target of $7.25.
Francesca's Holdings Corporation, through its subsidiaries, operates a chain of retail boutiques. It offers fashion apparel, jewelry, accessories, and gifts primarily for women between the ages of 18 and 35. The company's apparel products comprise dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry includes necklaces, earrings, bracelets, and rings.
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