Chicos Fas (CHS) Shareholder Ahl Partners Llp Has Cut Its Holding by $669,496 as Market Valuation Rose; Fairfax Financial Holdings LTD Can Has Raised Its Stake in Argan (AGX) by $616,000

April 17, 2018 - By Stephen Andrade

Ahl Partners Llp decreased its stake in Chicos Fas Inc (CHS) by 71.38% based on its latest 2017Q4 regulatory filing with the SEC. Ahl Partners Llp sold 83,687 shares as the company’s stock rose 2.62% while stock markets declined. The institutional investor held 33,552 shares of the consumer services company at the end of 2017Q4, valued at $296,000, down from 117,239 at the end of the previous reported quarter. Ahl Partners Llp who had been investing in Chicos Fas Inc for a number of months, seems to be less bullish one the $1.32 billion market cap company. The stock increased 0.29% or $0.03 during the last trading session, reaching $10.32. About 1.18M shares traded. Chico's FAS, Inc. (NYSE:CHS) has declined 35.50% since April 17, 2017 and is downtrending. It has underperformed by 47.05% the S&P500.

Prem Watsa increased its stake in Argan Inc (AGX) by 22.95% based on its latest 2017Q4 regulatory filing with the SEC. Fairfax Financial Holdings Ltd Can bought 14,000 shares as the company’s stock declined 16.14% with the market. The hedge fund run by Prem Watsa held 75,000 shares of the basic industries company at the end of 2017Q4, valued at $3.37 million, up from 61,000 at the end of the previous reported quarter. Fairfax Financial Holdings Ltd Can who had been investing in Argan Inc for a number of months, seems to be bullish on the $602.47 million market cap company. The stock increased 2.38% or $0.9 during the last trading session, reaching $38.7. About 186,227 shares traded. Argan, Inc. (NYSE:AGX) has declined 40.73% since April 17, 2017 and is downtrending. It has underperformed by 52.28% the S&P500.

Among 3 analysts covering Argan (NYSE:AGX), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Argan had 5 analyst reports since October 16, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, March 28 by Lake Street. Avondale downgraded Argan, Inc. (NYSE:AGX) on Thursday, December 8 to “Mkt Perform” rating. The stock of Argan, Inc. (NYSE:AGX) has “Not Rated” rating given on Friday, October 16 by Wm Smith. On Thursday, June 9 the stock rating was initiated by Lake Street with “Buy”. Lake Street downgraded the shares of AGX in report on Thursday, December 7 to “Hold” rating.

Investors sentiment increased to 1.24 in Q4 2017. Its up 0.21, from 1.03 in 2017Q3. It is positive, as 18 investors sold CHS shares while 68 reduced holdings. 43 funds opened positions while 64 raised stakes. 121.29 million shares or 4.50% less from 127.00 million shares in 2017Q3 were reported. Wells Fargo & Communication Mn has invested 0.01% of its portfolio in Chico's FAS, Inc. (NYSE:CHS). Arizona State Retirement Systems owns 0.02% invested in Chico's FAS, Inc. (NYSE:CHS) for 214,803 shares. Pnc Fin Serv Gp reported 4,910 shares or 0% of all its holdings. Sterling Cap Mgmt Ltd Liability stated it has 2.48 million shares or 0.2% of all its holdings. Moreover, Clark Estates Inc New York has 0.6% invested in Chico's FAS, Inc. (NYSE:CHS) for 415,000 shares. Invesco Limited invested in 431,830 shares or 0% of the stock. Aperio Grp Ltd Liability Corp holds 30,886 shares or 0% of its portfolio. Jefferies Gp Ltd Liability Corp has invested 0.01% in Chico's FAS, Inc. (NYSE:CHS). Guggenheim Limited Liability Corporation reported 231,382 shares. Price T Rowe Associates Md reported 5.57M shares. Benjamin F Edwards Inc has invested 0% in Chico's FAS, Inc. (NYSE:CHS). Ahl Prtnrs Llp holds 33,552 shares. Blackrock holds 0.01% or 16.18M shares. Finemark Bancorporation Tru holds 18,217 shares or 0.01% of its portfolio. Meeder Asset Mgmt reported 17,128 shares or 0.01% of all its holdings.

Ahl Partners Llp, which manages about $6.41B US Long portfolio, upped its stake in Tyson Foods Inc (NYSE:TSN) by 140,109 shares to 151,348 shares, valued at $12.27 million in 2017Q4, according to the filing. It also increased its holding in Qualys Inc (NASDAQ:QLYS) by 21,339 shares in the quarter, for a total of 26,843 shares, and has risen its stake in Macys Inc (NYSE:M).

Analysts await Chico's FAS, Inc. (NYSE:CHS) to report earnings on May, 23. They expect $0.26 EPS, 0.00% or $0.00 from last year’s $0.26 per share. CHS’s profit will be $33.13 million for 9.92 P/E if the $0.26 EPS becomes a reality. After $0.11 actual EPS reported by Chico's FAS, Inc. for the previous quarter, Wall Street now forecasts 136.36% EPS growth.

Chico's FAS, Inc. (NYSE:CHS) Institutional Positions Chart

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