RidgeWorth Capital Management LLC Has $40,874,000 Stake in Chico’s FAS, Inc. (CHS)

RidgeWorth Capital Management LLC boosted its stake in shares of Chico’s FAS, Inc. (NYSE:CHS) by 9.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,840,466 shares of the company’s stock after buying an additional 246,002 shares during the period. RidgeWorth Capital Management LLC’s holdings in Chico’s FAS were worth $40,874,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. BlackRock Fund Advisors raised its position in Chico’s FAS by 5.3% in the third quarter. BlackRock Fund Advisors now owns 6,890,210 shares of the company’s stock valued at $81,993,000 after buying an additional 344,459 shares in the last quarter. JPMorgan Chase & Co. raised its position in Chico’s FAS by 37.5% in the third quarter. JPMorgan Chase & Co. now owns 6,731,576 shares of the company’s stock valued at $80,106,000 after buying an additional 1,837,430 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Chico’s FAS by 8.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,986,151 shares of the company’s stock valued at $86,141,000 after buying an additional 471,592 shares in the last quarter. Sterling Capital Management LLC raised its position in Chico’s FAS by 1.2% in the second quarter. Sterling Capital Management LLC now owns 3,223,582 shares of the company’s stock valued at $34,525,000 after buying an additional 37,188 shares in the last quarter. Finally, Frontier Capital Management Co. LLC raised its position in Chico’s FAS by 16.1% in the fourth quarter. Frontier Capital Management Co. LLC now owns 2,776,831 shares of the company’s stock valued at $39,959,000 after buying an additional 384,315 shares in the last quarter. 95.76% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Chico`s FAS (NYSE:CHS)

Shares of Chico’s FAS, Inc. (NYSE:CHS) traded up 1.22% during trading on Tuesday, hitting $14.16. 1,665,743 shares of the company were exchanged. The company has a 50 day moving average of $13.73 and a 200-day moving average of $13.15. The stock has a market capitalization of $1.82 billion, a PE ratio of 34.20 and a beta of 0.82. Chico’s FAS, Inc. has a 1-year low of $9.62 and a 1-year high of $16.85.

Chico’s FAS (NYSE:CHS) last posted its earnings results on Tuesday, November 22nd. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.13 by $0.07. The firm had revenue of $596.90 million for the quarter, compared to analyst estimates of $610.83 million. Chico’s FAS had a return on equity of 16.24% and a net margin of 2.24%. Chico’s FAS’s revenue for the quarter was down 6.9% compared to the same quarter last year. During the same period last year, the company earned $0.13 earnings per share. On average, analysts forecast that Chico’s FAS, Inc. will post $0.75 earnings per share for the current year.

“RidgeWorth Capital Management LLC Has $40,874,000 Stake in Chico’s FAS, Inc. (CHS)” was first published by sleekmoney and is the sole property of of sleekmoney. If you are viewing this piece of content on another website, it was illegally stolen and republished in violation of U.S. and international copyright legislation. The original version of this piece of content can be accessed at http://sleekmoney.com/ridgeworth-capital-management-llc-has-40874000-stake-in-chicos-fas-inc-chs/1660828.html.

CHS has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Chico’s FAS from a “buy” rating to a “hold” rating in a research note on Tuesday, November 1st. Nomura downgraded shares of Chico’s FAS from a “buy” rating to a “neutral” rating and set a $13.00 price target on the stock. in a research note on Wednesday, November 16th. They noted that the move was a valuation call. Citigroup Inc. upgraded shares of Chico’s FAS from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $13.00 to $16.00 in a research report on Monday, November 14th. Jefferies Group LLC reiterated a “hold” rating on shares of Chico’s FAS in a research note on Tuesday, January 3rd. Finally, Wolfe Research upgraded shares of Chico’s FAS from a “market perform” rating to an “outperform” rating in a research note on Tuesday, January 31st. One research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $14.65.

About Chico’s FAS

Chico’s FAS, Inc 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.

5 Day Chart for NYSE:CHS

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