Ascena Retail Group Inc (NASDAQ:ASNA) Sentiment Change Report

October 2, 2018 - By Ash

Ascena Retail Group, Inc. (NASDAQ:ASNA) Logo

Sentiment for Ascena Retail Group Inc (NASDAQ:ASNA)

Ascena Retail Group Inc (NASDAQ:ASNA) institutional sentiment increased to 1.49 in 2018 Q2. Its up 0.40, from 1.09 in 2018Q1. The ratio is better, as 85 investment managers opened new or increased holdings, while 57 decreased and sold stakes in Ascena Retail Group Inc. The investment managers in our partner’s database now have: 178.07 million shares, down from 189.24 million shares in 2018Q1. Also, the number of investment managers holding Ascena Retail Group Inc in their top 10 holdings was flat from 3 to 3 for the same number . Sold All: 20 Reduced: 37 Increased: 46 New Position: 39.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company has market cap of $770.44 million. The firm operates through six divisions: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It currently has negative earnings. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics and bedroom furnishings; and wear-to-work, sportswear, footwear, and social occasion apparel.

The stock decreased 4.52% or $0.19 during the last trading session, reaching $4.01. About 1.26M shares traded. Ascena Retail Group, Inc. (NASDAQ:ASNA) has risen 106.67% since October 2, 2017 and is uptrending. It has outperformed by 91.05% the S&P500.

Golden Gate Private Equity Inc. holds 42.66% of its portfolio in Ascena Retail Group, Inc. for 17.47 million shares. Stadium Capital Management Llc owns 19.23 million shares or 31.05% of their US portfolio. Moreover, Icm Asset Management Inc Wa has 5.8% invested in the company for 1.69 million shares. The Michigan-based Csat Investment Advisory L.P. has invested 0.29% in the stock. Nomura Holdings Inc, a Japan-based fund reported 17.02 million shares.

Ascena Retail Group, Inc. (NASDAQ:ASNA) Ratings Coverage

Ratings analysis reveals 0 of Ascena Retail Group’s analysts are positive. Out of 2 Wall Street analysts rating Ascena Retail Group, 0 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $2 while the high is $4.5. The stock’s average target of $3.25 is -18.95% below today’s ($4.01) share price. ASNA was included in 2 notes of analysts from August 15, 2018. The rating was maintained by Citigroup with “Sell” on Wednesday, September 26. FBR Capital maintained Ascena Retail Group, Inc. (NASDAQ:ASNA) rating on Wednesday, August 15. FBR Capital has “Neutral” rating and $4.5 target.

More notable recent Ascena Retail Group, Inc. (NASDAQ:ASNA) news were published by: Fool.com which released: “Why Ascena Retail Group, Inc. Stock Popped Today” on September 25, 2018, also Nasdaq.com with their article: “Justice to Launch New Entertainment Division, “Justice Studios”” published on October 02, 2018, Prnewswire.com published: “Lane Bryant And Catherines To Partner With The Breast Cancer Research Foundation (BCRF)” on October 01, 2018. More interesting news about Ascena Retail Group, Inc. (NASDAQ:ASNA) were released by: Seekingalpha.com and their article: “Stocks To Watch: Calling Up Animal Spirits” published on September 22, 2018 as well as Streetinsider.com‘s news article titled: “Pre-Open Movers 09/25: (ASNA) (TLRY) (NIHD) Higher; (TGTX) (OPNT) (SNDX) Lower (more…)” with publication date: September 25, 2018.

Ascena Retail Group, Inc. (NASDAQ:ASNA) Ratings Chart

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