Ascena Retail Group Inc. (NASDAQ:ASNA)’s share price was up 1.8% on Thursday . The stock traded as high as $6.91 and last traded at $6.85, with a volume of 1,132,973 shares changing hands. The stock had previously closed at $6.73.

Several equities research analysts recently issued reports on ASNA shares. Piper Jaffray Cos. reiterated a “buy” rating and issued a $18.00 target price on shares of Ascena Retail Group in a research note on Saturday, April 2nd. Zacks Investment Research upgraded shares of Ascena Retail Group from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research note on Tuesday, March 29th. FBR & Co reiterated a “buy” rating and issued a $18.00 target price on shares of Ascena Retail Group in a research note on Thursday, April 7th. Telsey Advisory Group reiterated a “market perform” rating and issued a $10.00 target price (down from $11.00) on shares of Ascena Retail Group in a research note on Wednesday, June 1st. Finally, Cowen and Company reiterated a “market perform” rating and issued a $8.00 target price (down from $10.00) on shares of Ascena Retail Group in a research note on Wednesday, June 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $13.73.

The firm’s market capitalization is $1.30 billion. The firm’s 50 day moving average price is $7.11 and its 200-day moving average price is $8.51.

Ascena Retail Group (NASDAQ:ASNA) last posted its earnings results on Tuesday, May 31st. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.13 by $0.02. The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.74 billion. The company’s revenue was down 4.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.18 earnings per share. Analysts predict that Ascena Retail Group Inc. will post $0.69 EPS for the current year.

In other Ascena Retail Group news, CFO Robert Giammatteo bought 5,000 shares of the firm’s stock in a transaction dated Thursday, June 2nd. The stock was bought at an average cost of $7.18 per share, with a total value of $35,900.00. Following the completion of the transaction, the chief financial officer now directly owns 14,678 shares in the company, valued at approximately $105,388.04. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Several large investors have bought and sold shares of the company. Retirement Systems of Alabama increased its stake in Ascena Retail Group by 2.0% in the fourth quarter. Retirement Systems of Alabama now owns 221,588 shares of the company’s stock valued at $2,183,000 after buying an additional 4,254 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of Ascena Retail Group by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 318,089 shares of the company’s stock worth $3,133,000 after buying an additional 4,899 shares during the last quarter. Mutual of America Capital Management LLC increased its stake in shares of Ascena Retail Group by 4.9% in the fourth quarter. Mutual of America Capital Management LLC now owns 119,507 shares of the company’s stock worth $1,177,000 after buying an additional 5,631 shares during the last quarter. Mcclain Value Management LLC increased its stake in shares of Ascena Retail Group by 3.4% in the fourth quarter. Mcclain Value Management LLC now owns 200,298 shares of the company’s stock worth $1,973,000 after buying an additional 6,647 shares during the last quarter. Finally, Rhumbline Advisers increased its stake in shares of Ascena Retail Group by 2.4% in the fourth quarter. Rhumbline Advisers now owns 353,479 shares of the company’s stock worth $3,482,000 after buying an additional 8,322 shares during the last quarter.

Ascena Retail Group, Inc is a specialty retailer, which offers clothing, shoes and accessories for missy and plus-size women. The Company offers its products under the Ann Taylor, LOFT, Lane Bryant, maurices, dressbarn, Catherines and Justice brands. It operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines.

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