Ascena Retail Group, Inc. (NASDAQ:ASNA) Among Today's Biggest Gainers - Up $0.12

Lloyd Doyle
September 17, 2017

Investors sentiment decreased to 0.94 in 2016 Q4. Its down 0.20, from 1.14 in 2016Q3. It dropped, as 45 investors sold Ascena Retail Group Inc shares while 53 reduced holdings. 48 funds opened positions while 61 raised stakes. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 25.86% with $170.62 Million sitting short, betting on future declines.

First Trust Advsr Ltd Partnership owns 411,885 shares. Ascena Retail Group Inc (ASNA) has $434.71 million valuation. Blackrock Fund holds 0.02% or 13.73 million shares in its portfolio. Thrivent Fincl For Lutherans has 91,440 shares.

The company's Average Revenue Estimate for the current quarter is $1.56 Billion, while Low and High Revenue Estimates are $1.52 Billion and $1.6 Billion respectively. Perhaps, that suggests something about why 39.61% of the outstanding share supply is held by institutional investors. Walleye Trading Ltd holds 6,018 shares or 0% of its portfolio. East Coast Asset Mngmt Limited Liability Com owns 5,059 shares or 0.18% of their United States portfolio.

Analysts are also projecting an Average Revenue Estimate for Ascena Retail Group $1.57 Million in the Current Quarter. 60,445 are owned by Buckhead Capital Mngmt Ltd Liability. Lsv Asset Management owns 18,200 shares. The stock of Ascena Retail Group Inc (NASDAQ:ASNA) has "Market Perform" rating given on Tuesday, January 12 by Telsey Advisory Group. Currently Ascena Retail Group, Inc. Gp One Trading Lp reported 0% of its portfolio in Ascena Retail Group Inc (NASDAQ:ASNA). The stock increased 8.25% or $0.17 on September 15, reaching $2.23. The company trades on average around 244000 shares per market session. It has underperformed by 3.46% the S&P500.

General Motors Company was covered by a number of analysts recently, 0 rated the stock as Buy, 0 rated Outperform, 5 rated Hold, 0 gave an Underperform and 1 rated sell. Therefore 11% are positive. Ascena Retail Group has $18.0 highest and $200 lowest target.

Ascena Retail Group Inc (ASNA) formed multiple bottom with $1.87 target or 9.00% below today's $2.06 share price. McDonald's Corporation had 90 analyst reports since September 29, 2015 according to SRatingsIntel. The company has a market cap of $440.32 Million. The stock has "Outperform" rating by RBC Capital Markets on Friday, January 15. Northwestern Mutual Investment Management Company LLC bought a new position in Ascena Retail Group in the 2nd quarter worth $206,000. Minnesota-based Us Bancorp De has invested 0% in Ascena Retail Group Inc (NASDAQ:ASNA). Bernstein maintained Drax Group Plc (LON:DRX) rating on Thursday, January 14. Cowen & Co maintained it with "Hold" rating and $200 target in Friday, June 9 report. As per Monday, February 20, the company rating was maintained by JP Morgan. As per Tuesday, March 7, the company rating was downgraded by Citigroup. For ASNA, the company now has $300.1 Million of cash on the books. Lsv Asset stated it has 0% in Ascena Retail Group Inc (NASDAQ:ASNA). The stock has "Buy" rating by Societe Generale on Monday, December 19. The Tennessee-based State Of Tennessee Treasury Department has invested 0% in Ascena Retail Group Inc (NASDAQ:ASNA). The company has market cap of $127.10 billion. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. It now has negative earnings. The firm experienced a fall in short interest between July 31, 2017 and August 15, 2017 of -1.58%.

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