Macquarie Group Ltd. Has $154,000 Position in Francesca’s Holdings Corp (FRAN)

Macquarie Group Ltd. lowered its stake in shares of Francesca’s Holdings Corp (NASDAQ:FRAN) by 71.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,100 shares of the specialty retailer’s stock after selling 52,000 shares during the quarter. Macquarie Group Ltd. owned about 0.06% of Francesca’s worth $154,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Engineers Gate Manager LP acquired a new stake in Francesca’s during the fourth quarter worth approximately $150,000. Crossmark Global Holdings Inc. grew its position in Francesca’s by 136.1% during the fourth quarter. Crossmark Global Holdings Inc. now owns 28,372 shares of the specialty retailer’s stock worth $207,000 after buying an additional 16,356 shares in the last quarter. New York State Common Retirement Fund grew its position in Francesca’s by 36.3% during the third quarter. New York State Common Retirement Fund now owns 52,051 shares of the specialty retailer’s stock worth $383,000 after buying an additional 13,851 shares in the last quarter. JPMorgan Chase & Co. grew its position in Francesca’s by 66.4% during the third quarter. JPMorgan Chase & Co. now owns 58,191 shares of the specialty retailer’s stock worth $427,000 after buying an additional 23,229 shares in the last quarter. Finally, Arizona State Retirement System grew its position in Francesca’s by 221.1% during the fourth quarter. Arizona State Retirement System now owns 61,740 shares of the specialty retailer’s stock worth $451,000 after buying an additional 42,515 shares in the last quarter. 98.10% of the stock is currently owned by institutional investors and hedge funds.

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A number of brokerages recently issued reports on FRAN. Zacks Investment Research downgraded Francesca’s from a “hold” rating to a “sell” rating in a research report on Friday, March 30th. William Blair reissued a “market perform” rating on shares of Francesca’s in a research report on Tuesday, March 27th. Jefferies Group reissued a “hold” rating and set a $5.00 price target on shares of Francesca’s in a research report on Tuesday, March 27th. B. Riley set a $6.00 target price on Francesca’s and gave the company a “hold” rating in a report on Tuesday, March 27th. Finally, ValuEngine raised Francesca’s from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $6.75.

Shares of FRAN stock opened at $4.61 on Wednesday. The firm has a market capitalization of $171.50, a price-to-earnings ratio of 8.87, a price-to-earnings-growth ratio of 0.70 and a beta of 0.01. Francesca’s Holdings Corp has a fifty-two week low of $4.51 and a fifty-two week high of $16.18.

Francesca’s (NASDAQ:FRAN) last issued its earnings results on Tuesday, March 27th. The specialty retailer reported $0.20 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.01. The firm had revenue of $138.50 million for the quarter, compared to the consensus estimate of $138.50 million. Francesca’s had a return on equity of 16.52% and a net margin of 3.30%. The company’s revenue was down 5.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.39 EPS. equities research analysts expect that Francesca’s Holdings Corp will post 0.56 earnings per share for the current year.

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Francesca’s Profile

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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Institutional Ownership by Quarter for Francesca`s (NASDAQ:FRAN)

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