Ann Taylor parent Ascena shares drop 21% after 'fashion missteps' sink earnings

Ann Taylor Ascena Retail Group

Ascena Retail Group, Inc. (ASNA) At $2.47 Forms Bottom; Mackenzie Financial Raised Keycorp New (KEY) Stake

Its down 0.20, from 1.14 in 2017Q1. These holdings make up 42.82% of the company's outstanding shares.

Several institutional investors and hedge funds have recently made changes to their positions in ASNA. BidaskClub raised shares of Ascena Retail Group from a "hold" rating to a "buy" rating in a report on Saturday.

The stock has shown weekly performance of -0.7% and monthly performance stands at 0.99%. Walleye Trading Lc owns 19,006 shares or 0% of their U.S. portfolio.

Ascena Retail Group, Inc. most recently reported earnings per share (EPS) of $0.05 for the July 2017 versus $0.08 in the same quarter a year ago, representing -38% growth. (NASDAQ:ASNA). Zebra Capital Management Ltd reported 25,146 shares. State Of Tennessee Treasury Department holds 157,040 shares. BNP Paribas Arbitrage SA now owns 109,379 shares of the specialty retailer's stock worth $235,000 after buying an additional 34,295 shares during the period. (NASDAQ:ASNA) news were published by: Investorplace.com which released: "Ascena Retail Group Inc (ASNA) Posts In-Line Earnings" on December 05, 2017, also Businesswire.com with their article: "ascena retail group, inc".

Ascena Retail Group, Inc. Ontario - Canada-based National Bank Of Montreal Can has invested 0% in Ascena Retail Group, Inc. First Tru Advsr Limited Partnership accumulated 0% or 490,653 shares. Ameriprise Inc owns 884,316 shares for 0% of their portfolio. (NASDAQ:ASNA) on Tuesday, September 20 to "Market Perform" rating. Ascena Retail Group, Inc. (NASDAQ:ASNA). Qcm Cayman invested in 21,111 shares or 0.1% of the stock.

Ascena Retail Grp Cmn (NASDAQ:ASNA) 52-week high price stands at $8.19 and low price stands at $1.65, its price distance from 52-week high is -69.84% while its distance from 52-week low price is 49.7%. Harvest Capital Strategies Llc bought 11.06M shares as the company's stock declined 59.69% while stock markets rallied. Legal And General Public Ltd Company reported 613,747 shares. The stock decreased 20.69% or $0.54 during the last trading session, reaching $2.07. About 4.61 million shares traded or 77.24% up from the average. The rating was maintained by RBC Capital Markets on Thursday, January 19 with "Sector Perform". (NASDAQ:ASNA) has declined 70.94% since December 5, 2016 and is downtrending. It has underperformed by 87.64% the S&P500.

Harvest Capital Strategies Llc, which manages about $1.58B and $840.39 million US Long portfolio, decreased its stake in Gigamon Inc (NYSE:GIMO) by 325,200 shares to 150,000 shares, valued at $5.90 million in 2017Q2, according to the filing. It also reduced its holding in Gigamon Inc (NYSE:GIMO) by 325,200 shares in the quarter, leaving it with 150,000 shares, and cut its stake in J Jill Inc. Ascena shares are down more than 71% for the past year while the S&P 500 index is up 20.1% for the period. Optimism also seemed to be building for the company's first-quarter earnings report that came out December 4 as the stock came into November down almost 70% year to date, indicating an opportunity for it to bounce back on a decent earnings report. (NASDAQ:ASNA) were released by: Businesswire.com and their article: "ascena retail group Honored as a Corporate Game Changer by Women's Forum of ..." published on November 14, 2017 as well as Businesswire.com's news article titled: "ascena retail group, inc. Announces Fiscal 2018 First Quarter Financial ..." with publication date: November 27, 2017. Thrivent Financial For Lutherans boosted its position in Ascena Retail Group by 6.2% in the 1st quarter. FBR & Co set a $3.00 target price on shares of Ascena Retail Group and gave the stock a hold rating in a report on Tuesday, August 15th.

Ascena Retail Grp Cmn (NASDAQ:ASNA) has average revenue estimates of $1.59 Billion, compared to low analyst estimates of $1.56 Billion and high estimates of $1.62 Billion for the current quarter. Therefore 11% are positive. Keycorp had 93 analyst reports since July 20, 2015 according to SRatingsIntel. In this case performance of tends to percentage rate of return for a stock for a given time frame. The firm has "Hold" rating by KeyBanc Capital Markets given on Wednesday, October 11. The firm has "Hold" rating given on Thursday, November 16 by KeyBanc Capital Markets. The firm earned "Hold" rating on Monday, June 12 by RBC Capital Markets. (NASDAQ:ASNA) earned "Mkt Perform" rating by FBR Capital on Tuesday, September 20. The company was upgraded on Thursday, February 11 by Goldman Sachs.

In the most updated research from a number of analysts on Wall Street, the company gets 0 Buys and 1 Sell among 7 analysts. As per Friday, January 15, the company rating was maintained by RBC Capital Markets.

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