Francesca’s Holdings Corp. (NASDAQ:FRAN) shares dropped 1.8% during mid-day trading on Friday . The stock traded as low as $12.00 and last traded at $12.08, with a volume of 211,373 shares. The stock had previously closed at $12.30.

FRAN has been the topic of several recent research reports. Nomura restated a “buy” rating and issued a $13.00 price target on shares of Francesca’s Holdings Corp. in a research report on Wednesday, July 6th. FBR & Co restated a “hold” rating and issued a $19.00 price target on shares of Francesca’s Holdings Corp. in a research report on Thursday, March 24th. Wolfe Research upgraded Francesca’s Holdings Corp. from a “peer perform” rating to an “outperform” rating and set a $20.00 price target on the stock in a research report on Wednesday, April 13th. Mizuho restated a “hold” rating and issued a $11.00 price target on shares of Francesca’s Holdings Corp. in a research report on Friday, June 10th. Finally, Jefferies Group lowered Francesca’s Holdings Corp. from a “buy” rating to a “hold” rating and reduced their price target for the stock from $22.00 to $11.00 in a research report on Tuesday, May 17th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company’s stock. Francesca’s Holdings Corp. has a consensus rating of “Hold” and a consensus target price of $15.00.

The company’s 50 day moving average price is $11.19 and its 200 day moving average price is $15.48. The stock has a market cap of $490.30 million and a P/E ratio of 13.34.

Francesca’s Holdings Corp. (NASDAQ:FRAN) last announced its quarterly earnings results on Thursday, June 9th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.01. The company had revenue of $106.10 million for the quarter. During the same period in the previous year, the business earned $0.17 EPS. The business’s quarterly revenue was up 11.7% on a year-over-year basis. Equities research analysts anticipate that Francesca’s Holdings Corp. will post $0.87 EPS for the current year.

In related news, CEO Richard W. Kunes purchased 20,000 shares of the stock in a transaction dated Monday, June 13th. The stock was bought at an average cost of $10.56 per share, for a total transaction of $211,200.00. Following the completion of the acquisition, the chief executive officer now owns 20,000 shares of the company’s stock, valued at $211,200. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Laurie Hummel purchased 9,500 shares of the stock in a transaction dated Friday, June 24th. The shares were bought at an average price of $10.46 per share, with a total value of $99,370.00. The disclosure for this purchase can be found here.

Other hedge funds and institutional investors recently made changes to their positions in the company. California State Teachers Retirement System increased its position in shares of Francesca’s Holdings Corp. by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 78,466 shares of the company’s stock valued at $1,366,000 after buying an additional 1,478 shares during the period. Sei Investments Co. increased its position in shares of Francesca’s Holdings Corp. by 10.6% in the fourth quarter. Sei Investments Co. now owns 125,141 shares of the company’s stock valued at $2,179,000 after buying an additional 11,956 shares during the period. GSA Capital Partners LLP increased its position in shares of Francesca’s Holdings Corp. by 51.1% in the fourth quarter. GSA Capital Partners LLP now owns 89,921 shares of the company’s stock valued at $1,566,000 after buying an additional 30,421 shares during the period. Paradigm Capital Management Inc. NY increased its position in shares of Francesca’s Holdings Corp. by 1.1% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 713,366 shares of the company’s stock valued at $12,420,000 after buying an additional 8,066 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Francesca’s Holdings Corp. by 11.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,246,094 shares of the company’s stock valued at $21,695,000 after buying an additional 128,581 shares during the period.

Francesca’s Holdings Corporation is a holding company, which conducts its business operations through its subsidiaries. The Company is a specialty retailer that operates a nationwide-chain of boutiques. It is engaged in the operation of boutiques and its direct-to-consumer Website segment. The merchandise assortment is a mix of apparel, jewelry, accessories and gifts.

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