Prudential Financial Inc. Reduces Position in Francesca’s Holdings Corporation (FRAN)

Prudential Financial Inc. reduced its position in shares of Francesca’s Holdings Corporation (NASDAQ:FRAN) by 5.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,463,918 shares of the specialty retailer’s stock after selling 88,200 shares during the quarter. Prudential Financial Inc. owned about 3.99% of Francesca’s Holdings Corporation worth $10,774,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. Alps Advisors Inc. raised its stake in Francesca’s Holdings Corporation by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 29,733 shares of the specialty retailer’s stock worth $325,000 after buying an additional 77 shares during the period. Isthmus Partners LLC raised its stake in Francesca’s Holdings Corporation by 0.8% during the 2nd quarter. Isthmus Partners LLC now owns 38,419 shares of the specialty retailer’s stock worth $420,000 after buying an additional 318 shares during the period. Ironwood Investment Management LLC raised its stake in Francesca’s Holdings Corporation by 3.5% during the 2nd quarter. Ironwood Investment Management LLC now owns 15,638 shares of the specialty retailer’s stock worth $171,000 after buying an additional 524 shares during the period. Thrivent Financial For Lutherans raised its stake in Francesca’s Holdings Corporation by 2.6% during the 2nd quarter. Thrivent Financial For Lutherans now owns 22,100 shares of the specialty retailer’s stock worth $242,000 after buying an additional 570 shares during the period. Finally, Legal & General Group Plc raised its stake in Francesca’s Holdings Corporation by 1.1% during the 1st quarter. Legal & General Group Plc now owns 67,109 shares of the specialty retailer’s stock worth $1,034,000 after buying an additional 717 shares during the period.

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Francesca’s Holdings Corporation (NASDAQ:FRAN) opened at $7.35 on Thursday. The stock has a market capitalization of $267.80, a P/E ratio of 7.52, a PEG ratio of 0.56 and a beta of 0.18. Francesca’s Holdings Corporation has a twelve month low of $6.33 and a twelve month high of $22.39.

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

Several analysts have recently commented on the company. BidaskClub raised Francesca’s Holdings Corporation from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Jefferies Group LLC set a $9.00 price objective on Francesca’s Holdings Corporation and gave the stock a “hold” rating in a research note on Monday, August 21st. Zacks Investment Research raised Francesca’s Holdings Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. KeyCorp reissued a “hold” rating on shares of Francesca’s Holdings Corporation in a research note on Friday, August 25th. Finally, ValuEngine downgraded Francesca’s Holdings Corporation from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $13.50.

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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