The stock of Chico’s FAS, Inc. (NYSE:CHS) is a huge mover today! About 6.06 million shares traded hands or 185.85% up from the average. Chico’s FAS, Inc. (NYSE:CHS) has risen 7.37% since April 20, 2016 and is uptrending. It has outperformed by 2.81% the S&P500.
The move comes after 5 months positive chart setup for the $2.05 billion company. It was reported on Nov, 22 by Barchart.com. We have $16.35 PT which if reached, will make NYSE:CHS worth $61.50M more.
Chico’s FAS, Inc. (NYSE:CHS) Ratings Coverage
Out of 17 analysts covering Chico’s FAS (NYSE:CHS), 8 rate it a “Buy”, 0 “Sell”, while 9 “Hold”. This means 47% are positive. Chico’s FAS has been the topic of 29 analyst reports since August 14, 2015 according to StockzIntelligence Inc. As per Friday, May 27, the company rating was maintained by FBR Capital. The stock of Chico’s FAS, Inc. (NYSE:CHS) has “Hold” rating given on Monday, March 7 by Standpoint Research. The stock of Chico’s FAS, Inc. (NYSE:CHS) earned “Buy” rating by Mizuho on Friday, May 27. The stock has “Outperform” rating given by RBC Capital Markets on Wednesday, November 25. The company was initiated on Friday, August 14 by BB&T Capital. The stock has “Peer Perform” rating given by Wolfe Research on Thursday, May 26. Nomura downgraded the stock to “Neutral” rating in Wednesday, November 16 report. The rating was initiated by M Partners on Thursday, September 17 with “Neutral”. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, November 25. SunTrust maintained the stock with “Buy” rating in Friday, May 27 report.
According to Zacks Investment Research, “CHICO’S FAS, INC. is a specialty retailer of exclusively designed, private label casual clothing and related accessories. Each store offers collections of color coordinated tops, pants, shorts, skirts, jumpsuits, dresses, vests, jackets, outerwear, socks and accessories, including leather and fabric belts, scarves, earrings, necklaces and bracelets.”
Insitutional Activity: The institutional sentiment increased to 1.05 in Q2 2016. Its up 0.03, from 1.02 in 2016Q1. The ratio is positive, as 31 funds sold all Chico’s FAS, Inc. shares owned while 65 reduced positions. 23 funds bought stakes while 75 increased positions. They now own 113.89 million shares or 7.72% less from 123.41 million shares in 2016Q1.
Hap Trading Lc has invested 0.02% of its portfolio in Chico’s FAS, Inc. (NYSE:CHS). Hsbc Public Lc owns 41,065 shares or 0% of their US portfolio. Fdx Advisors reported 69,762 shares or 0.03% of all its holdings. Credit Suisse Ag has 0% invested in the company for 317,881 shares. Benjamin F Edwards And Incorporated holds 0% of its portfolio in Chico’s FAS, Inc. (NYSE:CHS) for 1,600 shares. Moreover, Wealthtrust has 0% invested in Chico’s FAS, Inc. (NYSE:CHS) for 128 shares. Guggenheim Cap Ltd Llc last reported 0% of its portfolio in the stock. Schaper Benz Wise Inv Counsel Wi holds 0.03% of its portfolio in Chico’s FAS, Inc. (NYSE:CHS) for 16,600 shares. Manufacturers Life Insurance The has 263,914 shares for 0% of their US portfolio. Thompson Mgmt holds 0.03% of its portfolio in Chico’s FAS, Inc. (NYSE:CHS) for 15,325 shares. Sg Americas Securities Ltd Liability last reported 47,148 shares in the company. Blackrock Group Inc reported 169,075 shares or 0% of all its holdings. Invesco Limited accumulated 0% or 334,238 shares. Voya Invest Mngmt Limited Liability Company last reported 0% of its portfolio in the stock. Retirement System Of Alabama last reported 0.01% of its portfolio in the stock.
Insider Transactions: Since September 1, 2016, the stock had 0 buys, and 1 insider sale for $253,354 net activity. Murray Cynthia sold $253,354 worth of stock.
More notable recent Chico’s FAS, Inc. (NYSE:CHS) news were published by: Prnewswire.com which released: “Chico’s FAS, Inc. Reports Third Quarter Results” on November 22, 2016, also Investorplace.com with their article: “Chico’s FAS, Inc. (CHS) Stock Hits 52-Week High” published on November 14, 2016, Fool.com published: “Why Chico’s FAS, Inc. Stock Popped Today” on August 31, 2016. More interesting news about Chico’s FAS, Inc. (NYSE:CHS) were released by: Prnewswire.com and their article: “Chico’s FAS, Inc. Announces Third Quarter Sales and Earnings Conference Call” published on October 23, 2016 as well as Prnewswire.com‘s news article titled: “Chico’s FAS, Inc. Announces Appointment of Diane Ellis as President of its …” with publication date: October 07, 2016.
CHS Company Profile
Chico’s FAS, Inc., incorporated on December 1, 1983, is a specialty retailer of women’s private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items operating under the Chico’s, White House Black Market (WHBM) and Soma brand names. The Company’s brands are specialty retailers of private label women’s apparel and related products. The Company’s product is available to clients in its domestic and international retail stores, through its e-commerce Websites, through telephone through its call centers, and through an unaffiliated franchise partner in Mexico. The Firm operates approximately 1,520 stores across over 50 states, Puerto Rico, the United States Virgin Islands and Canada, and sold merchandise through over 40 franchise locations in Mexico. The Company’s boutiques are located in upscale outdoor shopping areas, indoor shopping malls, and street-front locations. The Company’s outlet stores are located in outlet centers. It also sells clearance merchandise on its Websites.
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