Investment Counselors of Maryland LLC now owns 1,808,261 shares of the company’s stock valued at $17,811,000 after buying an additional 119,666 shares during the period. BlackRock Institutional Trust Company N.A. now owns 5,062,723 shares of the company’s stock valued at $55,994,000 after buying an additional 151,750 shares in the last quarter. Trailing twelve month period, the firm has earnings per share (EPS) ratio of 5.36 and price-to-earnings (P/E) ratio was noted as 15.71 for same period.
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ASNA is trading at 2.26 times the normal volume for the stock at this time of day.
In a different news, on April 7, 2016, Katie J Bayne (director) purchased 4,000 shares at $10.12 per share price. The company has price-to-sale ratio of 0.24 in last 12-month period and its price to book ratio was registered at 0.76 in most recent quarter. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. This year, the market expects an improvement in earnings ($0.75 versus -$1.46).
On a GAAP basis, Net sales for the third quarter of Fiscal 2016 were $1.669 billion compared to $1.150 billion last year, with the increase driven by the acquisition of ANN, which was not included in the prior year amounts. Ascena Retail Group Inc (NASDAQ:ASNA) has declined 43.97% since October 26, 2015 and is downtrending.
The amount of Ascena Retail Group shares now in issue is 191,624,000 which have a value of 7.22 per share bringing Ascena Retail Group’s market capitalisation to 1.38B United States dollars.
ASNA has been the topic of a number of other research reports.
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In related news, Director Catherine Elizabeth Buggeln bought 5,000 shares of Ascena Retail Group stock in a transaction dated Tuesday, March 15th. The stock was acquired at an average price of $10.25 per share, with a total value of $51,250.00. Now there are 5 analysts that rate Ascena Retail Group a buy, no analysts rate it a sell, and 2 rate it a hold. Investment Counselors Of Maryland Llc, a Maryland-based fund reported 1.81 million shares. The disclosure for this purchase can be found here. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. Elm Ridge Management Llc owns 1.07 million shares or 2.03% of their U.S. portfolio. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Ascena Retail Group as a sell. Primecap Management Co. CA raised its position in Ascena Retail Group by 0.7% in the first quarter. LLC now owns 1,652,688 shares of the company’s stock worth $16,279,000 after buying an additional 266,682 shares in the last quarter. Bourgeon Capital Management LLC raised its stake in Ascena Retail Group by 31.5% in the fourth quarter. It operates through six divisions: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. Compared to other companies in the Specialty Retail industry and the overall market, ASCENA RETAIL GROUP INC’s return on equity significantly trails that of both the industry average and the S&P 500. (Ascena) is a national specialty retailer of apparel for women and teen girls operating, through its wholly owned subsidiaries, the dressbarn, maurices, and Justice brands.
