Anti-Christopher & Banks Corp Institutional Investors Sentiment Runs Low in 2017 Q3

January 22, 2018 - By Migdalia James

 Anti Christopher & Banks Corp Institutional Investors Sentiment Runs Low in  2017 Q3

Sentiment for Christopher & Banks Corp (NYSE:CBK)

Christopher & Banks Corp (NYSE:CBK) institutional sentiment decreased to 0.73 in Q3 2017. Its down -0.94, from 1.67 in 2017Q2. The ratio fall, as 16 investment professionals started new or increased stock positions, while 22 cut down and sold their holdings in Christopher & Banks Corp. The investment professionals in our partner’s database now hold: 14.75 million shares, down from 15.80 million shares in 2017Q2. Also, the number of investment professionals holding Christopher & Banks Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 13 Increased: 10 New Position: 6.

Christopher & Banks Corporation, through its subsidiaries, operates as a specialty retailer of private-brand womenÂ’s apparel and accessories in the United States. The company has market cap of $48.05 million. The firm creates and sells womenÂ’s apparel and accessories to clients ranging in age from 40 and older. It currently has negative earnings. The Company’s stores offer womenÂ’s apparel consisting of casual clothing, everyday basics, wear-to-work, leisure/active wear, and sleepwear in missy, petite, and women sizes, as well as jewelry and accessories.

The stock increased 0.79% or $0.01 during the last trading session, reaching $1.27. About 114,188 shares traded. Christopher & Banks Corporation (NYSE:CBK) has declined 48.10% since January 22, 2017 and is downtrending. It has underperformed by 64.80% the S&P500.

Analysts await Christopher & Banks Corporation (NYSE:CBK) to report earnings on March, 21. They expect $-0.27 earnings per share, up 41.30 % or $0.19 from last year’s $-0.46 per share. After $-0.05 actual earnings per share reported by Christopher & Banks Corporation for the previous quarter, Wall Street now forecasts 440.00 % negative EPS growth.

Vnbtrust National Association holds 0.64% of its portfolio in Christopher & Banks Corporation for 1.19 million shares. Awm Investment Company Inc. owns 749,960 shares or 0.18% of their US portfolio. Moreover, Perritt Capital Management Inc has 0.18% invested in the company for 500,000 shares. The Minnesota-based Palisade Asset Management Llc has invested 0.11% in the stock. Gagnon Securities Llc, a New York-based fund reported 123,311 shares.#img1#

Christopher & Banks Corporation (NYSE:CBK) Ratings Coverage

Ratings analysis reveals 100% of Christopher & Banks Corporation’s analysts are positive. Out of 2 Wall Street analysts rating Christopher & Banks Corporation, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. CBK was included in 5 notes of analysts from August 14, 2015. Zacks downgraded Christopher & Banks Corporation (NYSE:CBK) on Wednesday, August 19 to “Buy” rating. Brean Capital downgraded the stock to “Buy” rating in Friday, August 14 report. The stock of Christopher & Banks Corporation (NYSE:CBK) has “Neutral” rating given on Monday, August 17 by Dougherty & Company. The stock has “Buy” rating by Dougherty & Company on Thursday, April 7. The firm has “Buy” rating given on Friday, August 14 by Dougherty & Company.

More notable recent Christopher & Banks Corporation (NYSE:CBK) news were published by: Seekingalpha.com which released: “Christopher & Banks’ (CBK) CEO Joel Waller on Q1 2017 Results – Earnings Call …” on May 25, 2017, also Businesswire.com with their article: “Christopher & Banks Corporation Reports Second Quarter Fiscal 2017 Financial …” published on August 29, 2017, Seekingalpha.com published: “Buy Christopher & Banks At 60% Off; Evidence Of A Potential Takeout In The Works” on September 07, 2017. More interesting news about Christopher & Banks Corporation (NYSE:CBK) were released by: Seekingalpha.com and their article: “Christopher & Banks’ (CBK) CEO Joel Waller on Q4 2016 Results – Earnings Call …” published on March 15, 2017 as well as Bizjournals.com‘s news article titled: “Christopher & Banks names interim CFO, has experience with Supervalu and Best Buy” with publication date: July 18, 2017.

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