Discussion stirs around Ascena Retail Group Inc (NASDAQ:ASNA) this week; here is what analysts are saying.

July 17, 2017 - By test

 Discussion stirs around Ascena Retail Group Inc (NASDAQ:ASNA) this week; here is what analysts are saying.
Investors sentiment increased to 1.11 in 2016 Q4. Its up 0.32, from 0.79 in 2016Q3. It improved, as 45 investors sold Ascena Retail Group Inc shares while 53 reduced holdings. 48 funds opened positions while 61 raised stakes. 170.48 million shares or 3.73% less from 177.08 million shares in 2016Q3 were reported.
Retail Bank Of America De reported 0% in Ascena Retail Group Inc (NASDAQ:ASNA). Gotham Asset Mgmt Limited Liability Corporation invested 0.15% of its portfolio in Ascena Retail Group Inc (NASDAQ:ASNA). Hutchin Hill Capital Lp reported 0.16% in Ascena Retail Group Inc (NASDAQ:ASNA). Teacher Retirement Systems Of Texas has 12,441 shares. Moreover, Towle And has 1.4% invested in Ascena Retail Group Inc (NASDAQ:ASNA). Harvest Strategies Ltd Liability Company holds 3.96% or 4.70M shares. Profund Advisors Llc owns 56,139 shares. California Employees Retirement Sys holds 0.01% or 908,759 shares. Boothbay Fund Ltd holds 0.05% or 26,688 shares in its portfolio. Nomura Inc reported 11.06M shares stake. 178 are owned by Piedmont Inv Ltd Co. 12,273 are owned by Bluecrest Capital Mngmt. Texas Permanent School Fund holds 123,584 shares. 375,877 are held by State Teachers Retirement System. Moreover, Nomura Asset Management Com has 0% invested in Ascena Retail Group Inc (NASDAQ:ASNA) for 7,500 shares.

Ascena Retail Group Inc (NASDAQ:ASNA) Ratings Coverage

Among 8 analysts covering Ascena Retail Group (NASDAQ:ASNA), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. Ascena Retail Group had 22 analyst reports since September 24, 2015 according to SRatingsIntel. The company was upgraded on Thursday, February 11 by Goldman Sachs. The firm has “Sell” rating by Citigroup given on Tuesday, March 7. The stock of Ascena Retail Group Inc (NASDAQ:ASNA) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, September 20. RBC Capital Markets maintained the stock with “Hold” rating in Monday, June 12 report. Citigroup initiated Ascena Retail Group Inc (NASDAQ:ASNA) rating on Wednesday, October 7. Citigroup has “Neutral” rating and $14 target. The firm earned “Hold” rating on Friday, June 9 by Cowen & Co. The rating was downgraded by FBR Capital to “Mkt Perform” on Tuesday, September 20. Telsey Advisory Group maintained Ascena Retail Group Inc (NASDAQ:ASNA) on Tuesday, January 12 with “Market Perform” rating. The firm has “Outperform” rating given on Wednesday, June 1 by FBR Capital. The stock of Ascena Retail Group Inc (NASDAQ:ASNA) earned “Neutral” rating by Citigroup on Tuesday, September 20. Below is a list of Ascena Retail Group Inc (NASDAQ:ASNA) latest ratings and price target changes.

12/06/2017 Broker: RBC Capital Markets Rating: Hold New Target: $5.0000 Maintain
09/06/2017 Broker: Cowen & Co Rating: Hold New Target: $2.0000 Maintain
07/03/2017 Broker: Citigroup Old Rating: Neutral New Rating: Sell Downgrade
19/01/2017 Broker: RBC Capital Markets Rating: Sector Perform Old Target: $6 New Target: $5 Maintain

About 949,198 shares traded. Ascena Retail Group Inc (NASDAQ:ASNA) has declined 70.94% since July 17, 2016 and is downtrending. It has underperformed by 87.64% the S&P500.

Ascena Retail Group, Inc. is a specialty retailer of apparel for women and tween girls. The company has market cap of $438.44 million. The Firm operates through six divisions: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. It currently has negative earnings. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands.

More notable recent Ascena Retail Group Inc (NASDAQ:ASNA) news were published by: Fool.com which released: “Why TripAdvisor, Ascena Retail Group, and EQT Slumped Today” on June 19, 2017, also Zacks.com with their article: “Options Traders Expect Huge Moves in Ascena Retail Group (ASNA) Stock July 03 …” published on July 03, 2017, Seekingalpha.com published: “Apparel stocks clipped after Amazon previews fashion concept” on June 20, 2017. More interesting news about Ascena Retail Group Inc (NASDAQ:ASNA) were released by: Seekingalpha.com and their article: “Kamakura Reports A Decline In Corporate Credit Quality In June” published on July 04, 2017 as well as Seekingalpha.com‘s news article titled: “Apparel store names slump after Victoria’s Secret weakness” with publication date: July 06, 2017.

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