Economia

Ascena Retail Group, Inc. (NASDAQ:ASNA) Shares Bought by Comerica Bank

Ascena Retail Group, Inc. (NASDAQ:ASNA) Shares Bought by Comerica Bank

Peak Capital Management LLC purchased a new stake in shares of Ascena Retail Group during the second quarter worth approximately $108,000. (NASDAQ:ASNA) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. FMR LLC bought a new stake in Ascena Retail Group during the fourth quarter worth approximately $2,035,000.

Several other institutional investors also recently made changes to their positions in ASNA. Equities analysts anticipate that Ascena Retail Group will post $0.12 earnings per share for the current fiscal year. Louisiana State Employees Retirement System now owns 69,000 shares of the specialty retailer's stock valued at $294,000 after buying an additional 900 shares in the last quarter. Highbridge Capital Management LLC boosted its stake in shares of Ascena Retail Group by 13,454.5% in the fourth quarter. Arizona State Retirement System now owns 88,300 shares of the specialty retailer's stock valued at $376,000 after buying an additional 1,100 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky boosted its stake in shares of Ascena Retail Group by 128.4% in the fourth quarter. Stadium Capital Management Llc owns 14.75 million shares or 31.74% of their U.S. portfolio. Metropolitan Life Insurance Co.

Ascena Retail Group, Inc., launched on July 27, 2010, is a specialty retailer of apparel for women and tween girls. Louisiana State Employees Retirement System boosted its stake in shares of Ascena Retail Group by 1.3% in the first quarter. Institutional investors own 97.16% of the company's stock.

The Average Volume for 10 days is 1.8 Million for Ascena Retail Grp Cmn (NASDAQ:ASNA).

During the trading day, the stock price fluctuated between $2.18 and $2.31. 1,248,836 shares of the stock traded hands. The company's market capitalization is $424.10 million. The stock's 50 day moving average price is $2.14 and its 200 day moving average price is $4.16. Ascena Retail Group has a 1-year low of $1.65 and a 1-year high of $9.11.

Media stories about Ascena Retail Group (NASDAQ:ASNA) have been trending positive this week, Accern Sentiment Analysis reports. Comparatively, ASNA posted earnings of $0 per share in the same quarter, a year earlier. Ascena Retail Group had a negative net margin of 15.25% and a positive return on equity of 2.96%. The business had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.54 billion. Ascena Retail Group's revenue for the quarter was down 6.2% on a year-over-year basis. Next quarter's EPS is forecasted at $0.21 and the next full year EPS is projected to be $0.24.

COPYRIGHT VIOLATION NOTICE: "HighTower Advisors LLC Takes Position in Ascena Retail Group, Inc. (ASNA)" was originally posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this piece on another domain, it was illegally stolen and republished in violation of United States & worldwide trademark and copyright legislation. The original version of this piece of content can be viewed at https://www.chaffeybreeze.com/2017/07/16/hightower-advisors-llc-invests-1-36-million-in-ascena-retail-group-inc-asna-updated.html. Oppenheimer downgraded the shares of ASNA in report on Tuesday, September 20 to "Market Perform" rating. Royal Bank Of Canada set a $5.00 price target on shares of Ascena Retail Group and gave the company a "hold" rating in a research report on Saturday, May 13th.

01/24/2017 - Ascena Retail Group, Inc. had its " rating reiterated by analysts at Street Watchdog Research. ValuEngine cut shares of Ascena Retail Group from a "buy" rating to a "hold" rating in a research note on Friday, June 2nd. The firm earned "Market Perform" rating on Tuesday, September 20 by Telsey Advisory Group. Two equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company's stock. Ascena Retail Group now has a consensus rating of "Hold" and an average price target of $4.50. The Firm operates through six divisions: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines.