Published: Wed, December 06, 2017
Finance | By Loren Pratt

KeyCorp Reaffirms "Hold" Rating for Ascena Retail Group (ASNA)

KeyCorp Reaffirms

About 4.61M shares traded or 77.24% up from the average. (NASDAQ:SIGI) has risen 41.43% since December 5, 2016 and is uptrending. It has underperformed by 17.22% the S&P500. Ascena Retail Group Inc. now has $400.26M valuation.

Short interest or otherwise called the percentage of a stock's tradable shares now being shorted is another data that investors use to get a handle on sentiment. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascena Retail Group, Inc. with MarketBeat.com's FREE daily email newsletter. Coliseum Capital Management Llc who had been investing in Ascena Retail Group Inc for a number of months, seems to be less bullish one the $405.09M market cap company. The stock decreased 1.19% or $0.025 during the last trading session, reaching $2.075. About 104,022 shares traded. Ascena Retail Group, Inc. (NASDAQ:ASNA) has declined 70.94% since December 5, 2016 and is downtrending. Therefore 11% are positive. Ascena Retail Group had 27 analyst reports since September 24, 2015 according to SRatingsIntel. SG Americas Securities LLC now owns 238,645 shares of the specialty retailer's stock worth $513,000 after acquiring an additional 115,282 shares in the last quarter. The firm has "Hold" rating by KeyBanc Capital Markets given on Thursday, November 16. FBR Capital maintained Ascena Retail Group, Inc. The company was maintained on Wednesday, August 30 by KeyBanc Capital Markets. The firm has "Market Perform" rating given on Tuesday, September 20 by Oppenheimer. The firm earned "Hold" rating on Monday, August 28 by RBC Capital Markets. Geode Capital Management LLC now owns 1,396,917 shares of the specialty retailer's stock worth $5,950,000 after purchasing an additional 50,736 shares during the period. (NASDAQ:ASNA)'s stock about -25.46% from the 50-day high and 18.64% away from the 50-day low. Piper Jaffray maintained the stock with "Overweight" rating in Wednesday, December 2 report. Telsey Advisory Group has "Market Perform" rating and $13.0 target.

More notable recent Ascena Retail Group, Inc.

The biggest institutional shareholders in Ascena Retail Group, Inc. include Nomura Holdings Inc which owns 19 million shares in the company valued at $40.87 million.

Ascena Retail Group (NASDAQ:ASNA) last issued its quarterly earnings results on Monday, September 25th.

Though there was little direct news out on Ascena during November, bullish reports by Macy's, Victoria's Secret-parent L Brands, and others helped get the stock revving higher on Nov. 15 as it gained almost 20% in just four sessions. "Reports First Quarter Results and Provides Guidance ..." on December 04, 2017.


Investors sentiment decreased to 0.94 in 2017 Q2.

The corporation reported net income of $7 million, or three cents per diluted share in the first quarter of fiscal 2018, compared to net income of $14 million in the year-ago period, seven cents per diluted share. Legal And General Gp Public Ltd holds 613,747 shares. (NASDAQ:ASNA) stock is experiencing unusual volume during today's trading. Along with these its last twelve month performance is stands at -62.77% while moved 47.46% for the past six months according to Finviz reported data.

David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. and Ascena Retail Group wasn't one of them! Its EPS was $-0.74 while outstanding shares of the company were 66.46M. 132 are held by Whittier Trust. Cibc Asset Mngmt, Ontario - Canada-based fund reported 21,256 shares. State Board Of Administration Of Florida Retirement Systems has 133,287 shares. Golden Gate Private Equity Inc is the second biggest holder with 17 million shares now valued at 37.56 million whilst Vanguard Group Inc has 17 million shares valued at 35.76 million. (NASDAQ:ASNA). Zebra Capital Management Ltd reported 25,146 shares. After $0.05 actual EPS reported by Ascena Retail Group, Inc. for the previous quarter, Wall Street now forecasts 120.00% EPS growth. Citigroup downgraded the shares of ASNA in report on Tuesday, March 7 to "Sell" rating.

Analysts await Ascena Retail Group, Inc. ASNA's profit will be $21.22 million for 4.67 P/E if the $0.11 EPS becomes a reality.

Zacks' EPS averages are a mean average based on a survey of sell-side analysts that follow Ascena Retail Group. Its up 0.18, from 0.97 in 2017Q1. 76 funds opened positions while 207 raised stakes. Rodgers Brothers holds 0.72% of its portfolio in AT&T Inc. Ajo Lp holds 3.76M shares. (NYSE:T) for 23,089 shares. Dimensional Fund Advsr Limited Partnership reported 0.01% stake. Metropolitan Life Ins Ny stated it has 0.07% of its portfolio in KeyCorp (NYSE:KEY).

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