Francesca’s Holdings Corporation (FRAN) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund trimmed its position in Francesca’s Holdings Corporation (NASDAQ:FRAN) by 72.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 38,200 shares of the specialty retailer’s stock after selling 102,471 shares during the quarter. New York State Common Retirement Fund owned approximately 0.10% of Francesca’s Holdings Corporation worth $418,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. UBS Asset Management Americas Inc. bought a new position in Francesca’s Holdings Corporation in the 1st quarter valued at about $173,000. Municipal Employees Retirement System of Michigan raised its holdings in Francesca’s Holdings Corporation by 57.3% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 13,670 shares of the specialty retailer’s stock valued at $149,000 after acquiring an additional 4,980 shares during the period. SG Americas Securities LLC bought a new position in Francesca’s Holdings Corporation in the 2nd quarter valued at about $151,000. Campbell & CO Investment Adviser LLC bought a new position in Francesca’s Holdings Corporation in the 2nd quarter valued at about $171,000. Finally, Ironwood Investment Management LLC raised its holdings in Francesca’s Holdings Corporation by 3.5% in the 2nd quarter. Ironwood Investment Management LLC now owns 15,638 shares of the specialty retailer’s stock valued at $171,000 after acquiring an additional 524 shares during the period.

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Shares of Francesca’s Holdings Corporation (NASDAQ:FRAN) opened at $6.94 on Thursday. The stock has a market cap of $250.53, a P/E ratio of 7.03, a P/E/G ratio of 0.52 and a beta of 0.18. Francesca’s Holdings Corporation has a 52-week low of $6.33 and a 52-week high of $22.39.

Francesca’s Holdings Corporation (NASDAQ:FRAN) last posted its quarterly earnings results on Wednesday, September 6th. The specialty retailer reported $0.20 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.20. The business had revenue of $119.70 million for the quarter, compared to analyst estimates of $119.80 million. Francesca’s Holdings Corporation had a net margin of 7.28% and a return on equity of 31.88%. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the business posted $0.27 EPS. equities research analysts expect that Francesca’s Holdings Corporation will post 0.75 earnings per share for the current year.

Several research analysts have weighed in on the stock. B. Riley reissued a “neutral” rating on shares of Francesca’s Holdings Corporation in a report on Wednesday, November 1st. BidaskClub cut shares of Francesca’s Holdings Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, August 17th. Zacks Investment Research raised shares of Francesca’s Holdings Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. SunTrust Banks, Inc. decreased their target price on shares of Francesca’s Holdings Corporation from $15.00 to $10.00 and set a “buy” rating on the stock in a research report on Tuesday, August 22nd. Finally, Jefferies Group LLC set a $9.00 target price on shares of Francesca’s Holdings Corporation and gave the stock a “hold” rating in a research report on Monday, August 21st. One analyst has rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company. Francesca’s Holdings Corporation currently has an average rating of “Hold” and an average price target of $13.86.

About Francesca’s Holdings Corporation

Francesca’s Holdings Corporation is a holding company. The Company is a specialty retailer, which operates a chain of boutiques across the United States. The Company offers a mix of apparel, jewelry, accessories and gifts. As of January 28, 2017, the Company operated 671 boutiques in 48 states and the District of Columbia, and also served its customers through www.francescas.com, its e-commerce Website.

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

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