The Ascena Retail Group Inc

Marco Green
November 14, 2017

Stelliam Investment Management Lp acquired 192,500 shares as Dow Chem Co (DOW)'s stock rose 0.05%. Proshare Advsr Ltd holds 19,417 shares. Dow Chem Co now has $83.74B valuation. Bokf Na holds 0.09% or 37,582 shares. It is down 54.07% since November 13, 2016 and is uptrending. It has outperformed by 24.08% the S&P500. The Guernsey-based Airain Ltd has invested 0.01% in Ascena Retail Group Inc (NASDAQ:ASNA). The company now has a P/E ratio of N/A and the market cap is 393.98M. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. It now has negative earnings. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands. Cowen and Company reiterated a "market perform" rating and issued a $7.00 price target on shares of Ascena Retail Group in a research report on Sunday, December 4th.

Christopher Shackelton decreased its stake in Ascena Retail Group Inc (ASNA) by 57.93% based on its latest 2017Q2 regulatory filing with the SEC. The lowest target is $7.0 while the high is $7.0. Ngam Advisors L P stated it has 133,080 shares or 0% of all its holdings. The institutional investor held 515,725 shares of the commercial physical & biological resarch company at the end of 2017Q2, valued at $50.43M, down from 580,953 at the end of the previous reported quarter. October 11 investment analysts at KeyCorp maintained a "Hold" rating on the company. Barclays Public Limited Com has invested 0% of its portfolio in Ascena Retail Group Inc (NASDAQ:ASNA). The firm has "Sector Perform" rating given on Tuesday, September 20 by RBC Capital Markets.

Currently Ascena Retail Grp Cmn (NASDAQ:ASNA)'s shares owned by insiders are 6.2%, whereas shares owned by institutional owners are 99.7%.

Teachers Advisors LLC reduced its stake in shares of Ascena Retail Group, Inc. Stadium Capital Management Llc owns 14.75 million shares or 13.61% of their United States portfolio. The California-based Harvest Capital Strategies Llc has invested 3.09% in the stock. About 913,131 shares traded. Ascena Retail Group had a return on equity of 4.50% and a net margin of 0.29%. It has underperformed by 87.64% the S&P500. The consensus mean EPS for the current quarter is at $0.11 derived from a total of 7 estimates from the analysts who have weighed in on projected earnings. ICLR's profit will be $76.20M for 20.08 P/E if the $1.41 EPS becomes a reality. Cibc Asset Management has invested 0% of its portfolio in Ascena Retail Group Inc (NASDAQ:ASNA).

Investors sentiment increased to 1.09 in 2017 Q2. The company reported $0.18 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $0.02.

A number of hedge funds have recently added to or reduced their stakes in ASNA. The stock exchanged hands 1.17 Million shares versus average trading capacity of 2.53 Million shares, yielding a market cap of $370.68 Million. Qcm Cayman reported 21,111 shares stake. 312,468 were accumulated by Agf Incorporated. Stadium Cap Mngmt Ltd Liability owns 14.75M shares for 13.61% of their portfolio. Mason Street Limited Liability Company reported 0.25% stake. Stratos Wealth owns 40,250 shares.

Among new and sold out positions, 18 holders initiated new positions by a total of 626444 shares and 32 holders exited their positions by a total of 7.62 million shares. Smithfield Trust has 2,735 shares. However the company reported $0.18 earnings per share for the same quarter during past year. Arizona State Retirement System grew its position in Ascena Retail Group by 1.3% in the first quarter. Advantus holds 0.03% of its portfolio in Comerica Incorporated (NYSE:CMA) for 17,713 shares. Amalgamated Bankshares holds 0% or 24,238 shares in its portfolio. Thrivent Fincl For Lutherans stated it has 1.00M shares. Zacks Investment Research cut Ascena Retail Group from a "hold" rating to a "strong sell" rating in a research report on Wednesday, September 21st. Therefore 11% are positive. Icon plc had 30 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned "Mkt Perform" rating on Tuesday, September 20 by FBR Capital. TradeLink Capital LLC now owns 22,031 shares of the company's stock valued at $154,000 after buying an additional 3,769 shares during the last quarter. One analyst has rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock.

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