Legato Capital Management LLC Has $372,000 Stake in Francesca’s Holdings Corporation (FRAN)

Legato Capital Management LLC raised its holdings in shares of Francesca’s Holdings Corporation (NASDAQ:FRAN) by 50.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,587 shares of the specialty retailer’s stock after acquiring an additional 16,914 shares during the period. Legato Capital Management LLC owned approximately 0.14% of Francesca’s Holdings Corporation worth $372,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in shares of Francesca’s Holdings Corporation during the first quarter valued at $161,000. UBS Asset Management Americas Inc. purchased a new position in shares of Francesca’s Holdings Corporation during the first quarter valued at $173,000. Karp Capital Management Corp purchased a new position in Francesca’s Holdings Corporation in the first quarter valued at about $191,000. Municipal Employees Retirement System of Michigan grew its stake in 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 valued at $149,000 after purchasing an additional 4,980 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new position in Francesca’s Holdings Corporation in the second quarter valued at about $151,000.

Francesca’s Holdings Corporation (NASDAQ FRAN) traded up $0.22 during trading hours on Monday, reaching $7.01. The company’s stock had a trading volume of 592,800 shares, compared to its average volume of 994,672. Francesca’s Holdings Corporation has a 12-month low of $6.33 and a 12-month high of $22.39. The firm has a market cap of $257.51, a P/E ratio of 7.23, a price-to-earnings-growth ratio of 0.53 and a beta of 0.18.

Francesca’s Holdings Corporation (NASDAQ:FRAN) last posted its quarterly earnings data on Wednesday, September 6th. The specialty retailer reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. The firm had revenue of $119.70 million for 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 business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.27 EPS. equities analysts predict that Francesca’s Holdings Corporation will post 0.75 earnings per share for the current fiscal year.

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A number of research analysts have commented on the company. B. Riley restated a “neutral” rating on shares of Francesca’s Holdings Corporation in a research note on Wednesday, November 1st. BidaskClub cut Francesca’s Holdings Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 17th. Zacks Investment Research raised Francesca’s Holdings Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. SunTrust Banks, Inc. reduced their price target on Francesca’s Holdings Corporation from $15.00 to $10.00 and set a “buy” rating for the company in a research report on Tuesday, August 22nd. Finally, Jefferies Group LLC set a $9.00 price objective on 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 assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $13.86.

Francesca’s Holdings Corporation Company Profile

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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