New York State Teachers Retirement System boosted its position in shares of Ascena Retail Group, Inc. (NASDAQ:ASNA) by 5.4% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 396,277 shares of the specialty retailer’s stock after buying an additional 20,400 shares during the period. New York State Teachers Retirement System’s holdings in Ascena Retail Group were worth $1,688,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in shares of Ascena Retail Group during the fourth quarter worth $32,459,000. Dimensional Fund Advisors LP boosted its position in shares of Ascena Retail Group by 18.9% in the first quarter. Dimensional Fund Advisors LP now owns 13,252,587 shares of the specialty retailer’s stock worth $56,456,000 after buying an additional 2,102,956 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Ascena Retail Group by 66.8% in the first quarter. Bank of New York Mellon Corp now owns 3,493,619 shares of the specialty retailer’s stock worth $14,882,000 after buying an additional 1,398,857 shares in the last quarter. FMR LLC boosted its position in shares of Ascena Retail Group by 282.9% in the first quarter. FMR LLC now owns 1,258,449 shares of the specialty retailer’s stock worth $5,361,000 after buying an additional 929,755 shares in the last quarter. Finally, UBS Group AG boosted its position in shares of Ascena Retail Group by 411.0% in the first quarter. UBS Group AG now owns 880,854 shares of the specialty retailer’s stock worth $3,752,000 after buying an additional 708,463 shares in the last quarter. 97.11% of the stock is currently owned by institutional investors.

Ascena Retail Group, Inc. (ASNA) opened at 2.28 on Thursday. Ascena Retail Group, Inc. has a 52 week low of $1.65 and a 52 week high of $9.11. The stock’s market capitalization is $437.53 million. The firm has a 50-day moving average price of $2.07 and a 200-day moving average price of $3.69.

Ascena Retail Group (NASDAQ:ASNA) last released its quarterly earnings data on Thursday, June 8th. The specialty retailer reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05. The company had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.54 billion. Ascena Retail Group had a positive return on equity of 2.96% and a negative net margin of 15.25%. Ascena Retail Group’s quarterly revenue was down 6.2% on a year-over-year basis. During the same period last year, the business posted $0.15 EPS. Equities research analysts predict that Ascena Retail Group, Inc. will post $0.12 EPS for the current fiscal year.

WARNING: This story was posted by Daily Political and is the sole property of of Daily Political. If you are viewing this story on another domain, it was stolen and reposted in violation of United States and international trademark and copyright laws. The original version of this story can be accessed at https://www.dailypolitical.com/2017/07/20/new-york-state-teachers-retirement-system-raises-position-in-ascena-retail-group-inc-asna.html.

ASNA has been the topic of a number of research reports. Telsey Advisory Group decreased their price objective on Ascena Retail Group from $6.00 to $3.00 and set a “market perform” rating on the stock in a report on Thursday, May 18th. Royal Bank Of Canada set a $5.00 price objective on Ascena Retail Group and gave the company a “hold” rating in a report on Monday, April 3rd. Zacks Investment Research cut Ascena Retail Group from a “hold” rating to a “sell” rating in a report on Friday, June 9th. ValuEngine cut Ascena Retail Group from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Cowen and Company reissued a “market perform” rating and set a $2.00 price objective (down from $6.00) on shares of Ascena Retail Group in a report on Sunday, June 11th. Two investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company. Ascena Retail Group has a consensus rating of “Hold” and a consensus price target of $4.50.

Ascena Retail Group Company Profile

Ascena Retail Group, Inc is a specialty retailer of apparel for women and tween girls. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands.

Want to see what other hedge funds are holding ASNA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ascena Retail Group, Inc. (NASDAQ:ASNA).

Institutional Ownership by Quarter for Ascena Retail Group (NASDAQ:ASNA)

Receive News & Ratings for Ascena Retail Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascena Retail Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.