Shares of Chico’s FAS Inc. (NYSE:CHS) shot up 2.3% on Monday . The company traded as high as $11.88 and last traded at $11.84, with a volume of 509,890 shares. The stock had previously closed at $11.57.

A number of research firms recently weighed in on CHS. Stifel Nicolaus reaffirmed a “buy” rating on shares of Chico’s FAS in a report on Sunday, May 29th. Jefferies Group reissued a “hold” rating on shares of Chico’s FAS in a research note on Sunday, May 29th. MKM Partners reissued a “hold” rating on shares of Chico’s FAS in a research note on Sunday, May 29th. FBR & Co reissued a “buy” rating on shares of Chico’s FAS in a research note on Sunday, May 29th. Finally, Mizuho lowered their target price on shares of Chico’s FAS from $14.00 to $13.00 and set a “buy” rating on the stock in a research note on Friday, May 27th. Twelve equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $13.45.

The company’s market capitalization is $1.55 billion. The company has a 50 day moving average of $11.11 and a 200-day moving average of $11.50.

Chico’s FAS (NYSE:CHS) last posted its quarterly earnings results on Thursday, May 26th. The company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by $0.06. The company earned $642.98 million during the quarter, compared to analyst estimates of $668.67 million. During the same quarter in the previous year, the business posted $0.28 EPS. The company’s revenue for the quarter was down 7.9% compared to the same quarter last year. On average, equities analysts anticipate that Chico’s FAS Inc. will post $0.65 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 26th. Investors of record on Monday, September 12th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date is Thursday, September 8th.

Other large investors have bought and sold shares of the company. Eagle Asset Management boosted its stake in Chico’s FAS by 98.4% in the third quarter. Eagle Asset Management now owns 1,612,618 shares of the company’s stock worth $25,366,000 after buying an additional 799,891 shares during the period. Nationwide Fund Advisors boosted its stake in Chico’s FAS by 0.7% in the fourth quarter. Nationwide Fund Advisors now owns 317,165 shares of the company’s stock worth $3,384,000 after buying an additional 2,109 shares during the period. California State Teachers Retirement System boosted its stake in Chico’s FAS by 1.5% in the fourth quarter. California State Teachers Retirement System now owns 265,660 shares of the company’s stock worth $2,835,000 after buying an additional 4,041 shares during the period. Rhumbline Advisers boosted its stake in Chico’s FAS by 2.5% in the fourth quarter. Rhumbline Advisers now owns 276,405 shares of the company’s stock worth $2,949,000 after buying an additional 6,735 shares during the period. Finally, California Public Employees Retirement System boosted its stake in Chico’s FAS by 2.0% in the fourth quarter. California Public Employees Retirement System now owns 476,100 shares of the company’s stock worth $5,080,000 after buying an additional 9,200 shares during the period.

Chico’s FAS, Inc is a specialty retailer of women’s private branded, casual-to-dressy clothing, intimates, complementary accessories and other non-clothing items operating under the Chico’s, White House Black Market (WHBM) and Soma brand names. The Company’s brands are specialty retailers of private label women’s apparel and related products.

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