KBC Group NV raised its stake in Francesca’s Holdings Corporation (NASDAQ:FRAN) by 45.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 154,351 shares of the specialty retailer’s stock after acquiring an additional 47,882 shares during the quarter. KBC Group NV owned approximately 0.42% of Francesca’s worth $1,136,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FRAN. Bank of America Corp DE raised its position in shares of Francesca’s by 56.1% in the first quarter. Bank of America Corp DE now owns 61,159 shares of the specialty retailer’s stock valued at $939,000 after purchasing an additional 21,984 shares during the period. State Street Corp raised its position in shares of Francesca’s by 7.2% in the first quarter. State Street Corp now owns 1,208,729 shares of the specialty retailer’s stock valued at $18,556,000 after purchasing an additional 80,769 shares during the period. Aperio Group LLC raised its position in shares of Francesca’s by 33.5% in the second quarter. Aperio Group LLC now owns 16,566 shares of the specialty retailer’s stock valued at $181,000 after purchasing an additional 4,155 shares during the period. Strs Ohio bought a new stake in shares of Francesca’s in the second quarter valued at approximately $710,000. Finally, Municipal Employees Retirement System of Michigan raised its position in shares of Francesca’s by 57.3% in the second quarter. Municipal Employees Retirement System of Michigan now owns 13,670 shares of the specialty retailer’s stock valued at $149,000 after purchasing an additional 4,980 shares during the period.

Shares of Francesca’s Holdings Corporation (FRAN) opened at $6.79 on Thursday. The firm has a market cap of $233.36, a P/E ratio of 8.96, a P/E/G ratio of 0.75 and a beta of 0.23. Francesca’s Holdings Corporation has a twelve month low of $6.04 and a twelve month high of $21.62.

Francesca’s (NASDAQ:FRAN) last posted its earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.03). The firm had revenue of $105.80 million for the quarter, compared to the consensus estimate of $106.02 million. Francesca’s had a return on equity of 23.19% and a net margin of 5.52%. The business’s revenue was down 11.5% on a year-over-year basis. During the same period last year, the company posted $0.23 EPS. equities analysts predict that Francesca’s Holdings Corporation will post 0.68 earnings per share for the current year.

Several analysts have recently issued reports on FRAN shares. BidaskClub lowered shares of Francesca’s from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 17th. Jefferies Group set a $9.00 price target on shares of Francesca’s and gave the company a “hold” rating in a research report on Monday, August 21st. SunTrust Banks lowered their price target on shares of Francesca’s from $15.00 to $10.00 and set a “buy” rating on the stock in a research report on Tuesday, August 22nd. Zacks Investment Research lowered shares of Francesca’s from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 22nd. Finally, KeyCorp reissued a “hold” rating on shares of Francesca’s in a research report on Friday, August 25th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $11.33.

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Francesca’s Profile

Francesca’s Holdings Corporation is a holding company. The Company is a specialty retailer, which operates a chain of boutiques across the United States. The Company offers a mix of apparel, jewelry, accessories and gifts. As of January 28, 2017, the Company operated 671 boutiques in 48 states and the District of Columbia, and also served its customers through www.francescas.com, its e-commerce Website.

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Institutional Ownership by Quarter for Francesca`s (NASDAQ:FRAN)

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