Chico’s FAS, Inc. (NYSE:CHS) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 21,016,451 shares, an increase of 13.9% from the July 14th total of 18,457,564 shares. Currently, 16.7% of the shares of the stock are sold short. Based on an average trading volume of 4,270,637 shares, the short-interest ratio is currently 4.9 days.

Chico’s FAS (NYSE:CHS) opened at 8.06 on Tuesday. The firm has a market cap of $1.02 billion, a P/E ratio of 11.24 and a beta of 0.66. Chico’s FAS has a 1-year low of $8.05 and a 1-year high of $16.85. The stock has a 50 day moving average price of $8.97 and a 200-day moving average price of $11.76.

Chico’s FAS (NYSE:CHS) last posted its earnings results on Wednesday, May 24th. The specialty retailer reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by $0.03. The company had revenue of $583.70 million for the quarter, compared to the consensus estimate of $624.75 million. Chico’s FAS had a return on equity of 17.36% and a net margin of 3.86%. The business’s quarterly revenue was down 9.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.25 EPS. Equities research analysts forecast that Chico’s FAS will post $0.79 EPS for the current year.

The business also recently announced 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. The ex-dividend date is Friday, September 8th. This represents a $0.33 dividend on an annualized basis and a dividend yield of 4.09%. Chico’s FAS’s payout ratio is presently 46.48%.

CHS has been the topic of a number of research analyst reports. Royal Bank Of Canada set a $16.00 price target on Chico’s FAS and gave the stock a “buy” rating in a research report on Tuesday, May 16th. Citigroup Inc. decreased their price target on Chico’s FAS from $18.00 to $13.00 and set a “buy” rating on the stock in a research report on Thursday, May 25th. ValuEngine upgraded Chico’s FAS from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. TheStreet lowered Chico’s FAS from a “b-” rating to a “c+” rating in a research report on Tuesday, June 6th. Finally, Deutsche Bank AG decreased their price target on Chico’s FAS from $16.00 to $11.00 and set a “hold” rating on the stock in a research report on Thursday, May 25th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $13.43.

In related news, Director Ross E. Roeder sold 10,000 shares of the stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $9.75, for a total transaction of $97,500.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ross E. Roeder sold 5,000 shares of the stock in a transaction that occurred on 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. 1.80% of the stock is owned by corporate insiders.

Several hedge funds have recently bought and sold shares of CHS. Shufro Rose & Co. LLC boosted its stake in Chico’s FAS by 1.9% in the first quarter. Shufro Rose & Co. LLC now owns 194,350 shares of the specialty retailer’s stock worth $2,760,000 after buying an additional 3,700 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Chico’s FAS by 25.2% in the first quarter. Vanguard Group Inc. now owns 12,462,465 shares of the specialty retailer’s stock valued at $176,967,000 after buying an additional 2,511,021 shares in the last quarter. Advantus Capital Management Inc boosted its stake in shares of Chico’s FAS by 3.7% in the first quarter. Advantus Capital Management Inc now owns 16,543 shares of the specialty retailer’s stock valued at $235,000 after buying an additional 583 shares in the last quarter. Teachers Advisors LLC boosted its stake in shares of Chico’s FAS by 10.8% in the first quarter. Teachers Advisors LLC now owns 1,028,765 shares of the specialty retailer’s stock valued at $14,608,000 after buying an additional 100,187 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Chico’s FAS by 29.4% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 41,178 shares of the specialty retailer’s stock valued at $585,000 after buying an additional 9,354 shares in the last quarter.

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Chico’s FAS Company Profile

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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