BNP Paribas Arbitrage SA increased its position in Chico’s FAS, Inc. (NYSE:CHS) by 5.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 376,669 shares of the specialty retailer’s stock after buying an additional 18,129 shares during the period. BNP Paribas Arbitrage SA owned approximately 0.30% of Chico’s FAS worth $3,548,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. OLD National Bancorp IN boosted its stake in shares of Chico’s FAS by 0.5% in the first quarter. OLD National Bancorp IN now owns 49,189 shares of the specialty retailer’s stock worth $698,000 after buying an additional 237 shares during the last quarter. Liberty Mutual Group Asset Management Inc. boosted its stake in shares of Chico’s FAS by 0.8% in the first quarter. Liberty Mutual Group Asset Management Inc. now owns 58,215 shares of the specialty retailer’s stock worth $826,000 after buying an additional 461 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Chico’s FAS by 6.6% in the first quarter. PNC Financial Services Group Inc. now owns 7,637 shares of the specialty retailer’s stock worth $109,000 after buying an additional 473 shares during the last quarter. State Treasurer State of Michigan boosted its stake in shares of Chico’s FAS by 1.0% in the first quarter. State Treasurer State of Michigan now owns 52,500 shares of the specialty retailer’s stock worth $746,000 after buying an additional 500 shares during the last quarter. Finally, Comerica Bank boosted its stake in shares of Chico’s FAS by 0.5% in the second quarter. Comerica Bank now owns 101,736 shares of the specialty retailer’s stock worth $874,000 after buying an additional 507 shares during the last quarter.

Chico’s FAS, Inc. (CHS) opened at 8.18 on Monday. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 11.41 and a beta of 0.66. Chico’s FAS, Inc. has a 52 week low of $7.52 and a 52 week high of $16.85. The company has a 50 day moving average price of $8.60 and a 200-day moving average price of $11.43.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Monday, September 11th will be paid a dividend of $0.0825 per share. This represents a $0.33 annualized dividend and a yield of 4.03%. The ex-dividend date is Friday, September 8th. Chico’s FAS’s dividend payout ratio (DPR) is currently 46.48%.

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A number of equities research analysts have issued reports on the company. Wolfe Research cut Chico’s FAS from an “outperform” rating to a “market perform” rating in a research report on Thursday, May 25th. UBS AG reaffirmed a “neutral” rating and set a $10.00 target price (down previously from $16.00) on shares of Chico’s FAS in a research report on Thursday, May 25th. Telsey Advisory Group decreased their target price on Chico’s FAS from $15.00 to $12.00 and set a “market perform” rating for the company in a research report on Thursday, May 25th. Royal Bank Of Canada set a $16.00 target price on Chico’s FAS and gave the stock a “buy” rating in a research report on Tuesday, May 16th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $11.00 target price on shares of Chico’s FAS in a research report on Thursday, July 6th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $13.43.

In other Chico’s FAS news, Director Ross E. Roeder sold 10,000 shares of Chico’s FAS stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $9.75, for a total transaction of $97,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ross E. Roeder sold 5,000 shares of Chico’s FAS stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $9.50, for a total value of $47,500.00. The disclosure for this sale can be found here. Insiders own 1.80% of the company’s stock.

About Chico’s FAS

Chico’s FAS, Inc is an omni-channel specialty retailer of women’s private branded, casual-to-dressy clothing, intimates and accessories, operating under the Chico’s, White House Black Market (WHBM) and Soma brand names. The Company is also engaged in the sale of merchandise in its domestic and international retail stores.

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Institutional Ownership by Quarter for Chico`s FAS (NYSE:CHS)

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