Francesca’s Holdings Corporation (FRAN) Position Trimmed by Numeric Investors LLC

Numeric Investors LLC decreased its position in shares of Francesca’s Holdings Corporation (NASDAQ:FRAN) by 94.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,121 shares of the specialty retailer’s stock after selling 1,290,378 shares during the quarter. Numeric Investors LLC owned about 0.20% of Francesca’s Holdings Corporation worth $822,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Mason Street Advisors LLC lifted its stake in Francesca’s Holdings Corporation by 6.6% in the first quarter. Mason Street Advisors LLC now owns 8,835 shares of the specialty retailer’s stock valued at $136,000 after buying an additional 549 shares in the last quarter. Municipal Employees Retirement System of Michigan lifted its position in shares of Francesca’s Holdings Corporation by 57.3% in the second quarter. Municipal Employees Retirement System of Michigan now owns 13,670 shares of the specialty retailer’s stock worth $149,000 after purchasing an additional 4,980 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Francesca’s Holdings Corporation in the second quarter worth $151,000. Jane Street Group LLC bought a new stake in shares of Francesca’s Holdings Corporation in the first quarter worth $161,000. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Francesca’s Holdings Corporation in the second quarter worth $171,000.

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Shares of Francesca’s Holdings Corporation (NASDAQ FRAN) opened at 6.81 on Friday. The company has a market cap of $250.16 million, a PE ratio of 7.04 and a beta of 0.22. The company’s 50-day moving average is $7.26 and its 200 day moving average is $10.92. Francesca’s Holdings Corporation has a 52-week low of $6.58 and a 52-week high of $22.39.

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

A number of analysts have recently commented on the stock. FBR & Co reissued a “neutral” rating and issued a $8.00 price objective (down previously from $10.00) on shares of Francesca’s Holdings Corporation in a research report on Wednesday, September 6th. ValuEngine lowered shares of Francesca’s Holdings Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. KeyCorp restated a “hold” rating on shares of Francesca’s Holdings Corporation in a report on Friday, August 25th. Zacks Investment Research downgraded shares of Francesca’s Holdings Corporation from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 22nd. Finally, SunTrust Banks, Inc. lowered 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 report on Tuesday, August 22nd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus 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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