Francesca’s Holdings Corporation (FRAN) Stake Reduced by SG Americas Securities LLC

Francesca’s Holdings Corporation (FRAN) Stake Reduced by SG Americas Securities LLC

SG Americas Securities LLC cut its stake in Francesca’s Holdings Corporation (NASDAQ:FRAN) by 79.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,493 shares of the company’s stock after selling 85,150 shares during the period. SG Americas Securities LLC owned about 0.06% of Francesca’s Holdings Corporation worth $347,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Summit Securities Group LLC bought a new stake in shares of Francesca’s Holdings Corporation during the second quarter valued at approximately $111,000. Capstone Asset Management Co. raised its stake in shares of Francesca’s Holdings Corporation by 5.7% in the second quarter. Capstone Asset Management Co. now owns 16,916 shares of the company’s stock valued at $187,000 after buying an additional 910 shares during the last quarter. Municipal Employees Retirement System of Michigan raised its stake in shares of Francesca’s Holdings Corporation by 0.9% in the third quarter. Municipal Employees Retirement System of Michigan now owns 12,560 shares of the company’s stock valued at $194,000 after buying an additional 110 shares during the last quarter. Stevens Capital Management LP bought a new stake in shares of Francesca’s Holdings Corporation during the third quarter valued at approximately $197,000. Finally, Thrivent Financial for Lutherans raised its stake in shares of Francesca’s Holdings Corporation by 3.4% in the second quarter. Thrivent Financial for Lutherans now owns 19,710 shares of the company’s stock valued at $218,000 after buying an additional 640 shares during the last quarter. 97.73% of the stock is owned by institutional investors.

Shares of Francesca’s Holdings Corporation (NASDAQ:FRAN) traded down 2.81% during mid-day trading on Friday, reaching $16.92. 408,880 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of $19.13 and a 200 day moving average price of $15.93. The stock has a market cap of $639.25 million, a price-to-earnings ratio of 15.89 and a beta of 0.94. Francesca’s Holdings Corporation has a 52 week low of $9.75 and a 52 week high of $22.39.

Francesca’s Holdings Corporation (NASDAQ:FRAN) last announced its quarterly earnings results on Tuesday, December 6th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. Francesca’s Holdings Corporation had a return on equity of 37.74% and a net margin of 8.84%. The business earned $119.50 million during the quarter. During the same quarter in the prior year, the business earned $0.16 EPS. The company’s quarterly revenue was up 15.2% compared to the same quarter last year. Equities research analysts predict that Francesca’s Holdings Corporation will post $1.07 EPS for the current year.

A number of equities research analysts have recently issued reports on FRAN shares. Zacks Investment Research lowered shares of Francesca’s Holdings Corporation from a “hold” rating to a “sell” rating in a report on Monday, December 5th. FBR & Co lowered shares of Francesca’s Holdings Corporation from a “market perform” rating to an “underperform” rating and set a $14.00 target price for the company. in a report on Tuesday, November 15th. Stifel Nicolaus upped their target price on shares of Francesca’s Holdings Corporation from $18.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday, December 6th. Mizuho upped their target price on shares of Francesca’s Holdings Corporation from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Tuesday, December 6th. Finally, Jefferies Group LLC set a $17.00 target price on shares of Francesca’s Holdings Corporation and gave the stock a “hold” rating in a report on Tuesday, January 10th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company’s stock. Francesca’s Holdings Corporation currently has an average rating of “Hold” and a consensus price target of $18.33.

Francesca’s Holdings Corporation Company Profile

Francesca’s Holdings Corporation is a holding company, which conducts its business operations through its subsidiaries. The Company is a specialty retailer that operates a nationwide-chain of boutiques. It is engaged in the operation of boutiques and its direct-to-consumer Website segment. The merchandise assortment is a mix of apparel, jewelry, accessories and gifts.

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