JPMorgan Chase & Co. increased its position in shares of Christopher & Banks Corporation (NYSE:CBK) by 14.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 77,314 shares of the specialty retailer’s stock after buying an additional 10,000 shares during the period. JPMorgan Chase & Co. owned 0.21% of Christopher & Banks Corporation worth $101,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of CBK. First Midwest Bank Trust Division increased its holdings in Christopher & Banks Corporation by 1.5% during the second quarter. First Midwest Bank Trust Division now owns 246,220 shares of the specialty retailer’s stock worth $323,000 after buying an additional 3,718 shares during the last quarter. California Public Employees Retirement System increased its holdings in Christopher & Banks Corporation by 8.3% during the first quarter. California Public Employees Retirement System now owns 327,300 shares of the specialty retailer’s stock worth $484,000 after buying an additional 25,000 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Christopher & Banks Corporation by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 2,023,324 shares of the specialty retailer’s stock worth $2,995,000 after buying an additional 19,091 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in Christopher & Banks Corporation by 6.0% during the first quarter. Renaissance Technologies LLC now owns 2,442,300 shares of the specialty retailer’s stock worth $3,615,000 after buying an additional 139,100 shares during the last quarter. Institutional investors and hedge funds own 43.38% of the company’s stock.

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Christopher & Banks Corporation (NYSE:CBK) opened at 1.20 on Tuesday. The company’s 50-day moving average is $1.39 and its 200-day moving average is $1.33. The firm’s market capitalization is $45.43 million. Christopher & Banks Corporation has a one year low of $1.04 and a one year high of $2.42.

Christopher & Banks Corporation (NYSE:CBK) last released its quarterly earnings results on Tuesday, August 29th. The specialty retailer reported ($0.20) EPS for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.02. The business had revenue of $86.60 million during the quarter, compared to analyst estimates of $87.18 million. Christopher & Banks Corporation had a negative return on equity of 34.64% and a negative net margin of 6.90%. Christopher & Banks Corporation’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.11) EPS. Equities analysts forecast that Christopher & Banks Corporation will post ($0.48) earnings per share for the current fiscal year.

CBK has been the topic of a number of recent analyst reports. ValuEngine upgraded shares of Christopher & Banks Corporation from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 16th. Zacks Investment Research downgraded shares of Christopher & Banks Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, July 26th.

Christopher & Banks Corporation Profile

Christopher & Banks Corporation is a national specialty retailer featuring private-brand women’s apparel and accessories. The Company offers its customers an assortment of clothing for everyday needs. Its merchandise assortments include designs of women’s apparel, generally consisting of casual clothing, everyday basics, wear-to-work, leisure/active wear, and sleepwear in missy, petite and women sizes.

Institutional Ownership by Quarter for Christopher & Banks Corporation (NYSE:CBK)

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