As Chico’s Fas INC (CHS) Share Price Declined, Holder Quinn Opportunity Partners LLC Raised Its Position

February 15, 2018 - By Migdalia James

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.39, from 1.42 in 2017Q2. It dropped, as 43 investors sold CHS shares while 57 reduced holdings. 29 funds opened positions while 74 raised stakes. 127.00 million shares or 1.17% less from 128.51 million shares in 2017Q2 were reported. Moreover, Mason Street Advisors Limited has 0.01% invested in Chico's FAS, Inc. (NYSE:CHS) for 32,498 shares. Moreover, Citadel Advsr has 0.02% invested in Chico's FAS, Inc. (NYSE:CHS). Morgan Stanley has 378,305 shares for 0% of their portfolio. 62,074 are owned by Fdx Advsr Incorporated. Piedmont Advsr Ltd Liability Corporation invested in 0.01% or 27,950 shares. The Maryland-based Proshare Limited Liability Corp has invested 0% in Chico's FAS, Inc. (NYSE:CHS). Moreover, Systematic Fin Limited Partnership has 0.03% invested in Chico's FAS, Inc. (NYSE:CHS) for 141,942 shares. Hutchin Hill Capital Ltd Partnership has 0.04% invested in Chico's FAS, Inc. (NYSE:CHS) for 114,229 shares. Texas Permanent School Fund owns 93,675 shares or 0.01% of their US portfolio. Old Natl Bank In accumulated 49,281 shares. 2.02M were reported by Hbk Invests Ltd Partnership. Atria Ltd Liability Co holds 0.01% of its portfolio in Chico's FAS, Inc. (NYSE:CHS) for 12,165 shares. Connor Clark & Lunn Inv Management Ltd accumulated 0% or 45,191 shares. Clearbridge Invs Limited stated it has 0% of its portfolio in Chico's FAS, Inc. (NYSE:CHS). Natixis invested in 27,426 shares.

Quinn Opportunity Partners Llc increased its stake in Chico’s Fas Inc (CHS) by 420.07% based on its latest 2017Q3 regulatory filing with the SEC. Quinn Opportunity Partners Llc bought 590,826 shares as the company’s stock declined 19.90% while stock markets rallied. The institutional investor held 731,476 shares of the consumer services company at the end of 2017Q3, valued at $6.55M, up from 140,650 at the end of the previous reported quarter. Quinn Opportunity Partners Llc who had been investing in Chico’s Fas Inc for a number of months, seems to be bullish on the $1.27B market cap company. The stock increased 0.20% or $0.02 during the last trading session, reaching $9.94. About 451,791 shares traded. Chico's FAS, Inc. (NYSE:CHS) has risen 1.08% since February 15, 2017 and is uptrending. It has underperformed by 15.62% the S&P500.

Quinn Opportunity Partners Llc, which manages about $635.47 million US Long portfolio, decreased its stake in Cl C by 5,100 shares to 6,400 shares, valued at $6.14 million in 2017Q3, according to the filing. It also reduced its holding in Activision Blizzard Inc (NASDAQ:ATVI) by 85,699 shares in the quarter, leaving it with 32,000 shares, and cut its stake in Abercrombie & Fitch Co (NYSE:ANF).

Another recent and important Chico's FAS, Inc. (NYSE:CHS) news was published by Prnewswire.com which published an article titled: “What’s Happening With These Apparel Stores Stocks? — Abercrombie & Fitch …” on February 13, 2018.

Chico's FAS, Inc. (NYSE:CHS) Ratings Coverage

Among 18 analysts covering Chico’s FAS (NYSE:CHS), 6 have Buy rating, 1 Sell and 11 Hold. Therefore 33% are positive. Chico’s FAS had 58 analyst reports since August 14, 2015 according to SRatingsIntel. Citigroup upgraded the shares of CHS in report on Monday, November 14 to “Buy” rating. The company was maintained on Thursday, November 16 by KeyBanc Capital Markets. The firm has “Buy” rating given on Friday, May 27 by Suntrust Robinson. The stock has “Market Perform” rating by Telsey Advisory Group on Wednesday, November 25. The firm has “Buy” rating by SunTrust given on Friday, May 27. The stock has “Hold” rating by Jefferies on Wednesday, January 10. The stock of Chico's FAS, Inc. (NYSE:CHS) has “Buy” rating given on Thursday, July 6 by RBC Capital Markets. The rating was maintained by Deutsche Bank on Thursday, August 31 with “Hold”. The company was maintained on Monday, October 16 by SunTrust. The company was maintained on Wednesday, November 25 by Morgan Stanley.

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