Prescott Group Capital Management L.L.C. Purchases New Position in Francesca’s Holdings Corporation (FRAN)

Prescott Group Capital Management L.L.C. bought a new position in shares of Francesca’s Holdings Corporation (NASDAQ:FRAN) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 55,573 shares of the specialty retailer’s stock, valued at approximately $608,000. Prescott Group Capital Management L.L.C. owned approximately 0.15% of Francesca’s Holdings Corporation as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Legato Capital Management LLC increased its stake in shares of Francesca’s Holdings Corporation by 1,587.0% in the second quarter. Legato Capital Management LLC now owns 33,673 shares of the specialty retailer’s stock worth $368,000 after buying an additional 31,677 shares in the last quarter. Dalton Greiner Hartman Maher & Co. increased its stake in shares of Francesca’s Holdings Corporation by 30.9% in the second quarter. Dalton Greiner Hartman Maher & Co. now owns 290,333 shares of the specialty retailer’s stock worth $3,176,000 after buying an additional 68,547 shares in the last quarter. First Quadrant L P CA purchased a new stake in shares of Francesca’s Holdings Corporation during the second quarter worth approximately $879,000. Aperio Group LLC increased its stake in shares of Francesca’s Holdings Corporation by 33.5% in the second quarter. Aperio Group LLC now owns 16,566 shares of the specialty retailer’s stock worth $181,000 after buying an additional 4,155 shares in the last quarter. Finally, Credit Suisse AG increased its stake in shares of Francesca’s Holdings Corporation by 56.8% in the first quarter. Credit Suisse AG now owns 275,713 shares of the specialty retailer’s stock worth $4,232,000 after buying an additional 99,907 shares in the last quarter.

Francesca’s Holdings Corporation (NASDAQ FRAN) traded down 0.37% during trading on Friday, hitting $7.98. The company had a trading volume of 2,166,343 shares. The stock has a 50-day moving average of $9.49 and a 200 day moving average of $13.58. The company has a market capitalization of $296.24 million, a price-to-earnings ratio of 7.68 and a beta of 0.17. Francesca’s Holdings Corporation has a one year low of $7.78 and a one year high of $22.39.

Francesca’s Holdings Corporation (NASDAQ:FRAN) last issued its quarterly earnings results on Tuesday, June 6th. The specialty retailer reported $0.12 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.14 by $0.02. The company had revenue of $107.70 million for the quarter, compared to analyst estimates of $113.15 million. Francesca’s Holdings Corporation had a return on equity of 36.12% and a net margin of 8.03%. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.18 EPS. Equities analysts forecast that Francesca’s Holdings Corporation will post $1.07 EPS for the current fiscal year.

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A number of analysts have commented on the company. BidaskClub downgraded Francesca’s Holdings Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday. FBR & Co set a $10.00 price objective on Francesca’s Holdings Corporation and gave the stock a “hold” rating in a research report on Tuesday. Zacks Investment Research upgraded Francesca’s Holdings Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. Jefferies Group LLC reiterated a “hold” rating and issued a $11.00 price objective on shares of Francesca’s Holdings Corporation in a research report on Friday, July 14th. Finally, ValuEngine downgraded Francesca’s Holdings Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, June 22nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. Francesca’s Holdings Corporation presently has a consensus rating of “Hold” and a consensus price target of $15.88.

About Francesca’s Holdings Corporation

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.

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

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