As Ascena Retail Group INC (ASNA) Market Valuation Declined, Harvest Capital Strategies LLC Has Upped Position by $19.80 Million

March 14, 2018 - By Louis Casey

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.22, from 0.94 in 2017Q2. It is positive, as 16 investors sold ASNA shares while 47 reduced holdings. 28 funds opened positions while 45 raised stakes. 178.41 million shares or 0.67% less from 179.61 million shares in 2017Q2 were reported. 12 were reported by Alexandria Capital Ltd Llc. Swiss Bank, Switzerland-based fund reported 256,588 shares. Profund Advisors Lc reported 0% of its portfolio in Ascena Retail Group, Inc. (NASDAQ:ASNA). Canada Pension Plan Invest Board holds 0% or 269,800 shares in its portfolio. Credit Suisse Ag reported 0% in Ascena Retail Group, Inc. (NASDAQ:ASNA). The Minnesota-based Thrivent Fincl For Lutherans has invested 0% in Ascena Retail Group, Inc. (NASDAQ:ASNA). Parallax Volatility Advisers Ltd Partnership accumulated 0% or 17,694 shares. Massachusetts-based Panagora Asset Mgmt has invested 0% in Ascena Retail Group, Inc. (NASDAQ:ASNA). Pinebridge Limited Partnership has invested 0.02% in Ascena Retail Group, Inc. (NASDAQ:ASNA). Barclays Public Limited Company stated it has 479,136 shares. Invesco Ltd has invested 0% in Ascena Retail Group, Inc. (NASDAQ:ASNA). Natixis has 26,603 shares. Millennium Mngmt Lc holds 98,956 shares or 0% of its portfolio. Reilly Advsr Limited Liability Co holds 0% or 200 shares in its portfolio. Schwab Charles Management stated it has 1.32M shares or 0% of all its holdings.

Since September 29, 2017, it had 0 buys, and 1 sale for $2,174 activity.

Harvest Capital Strategies Llc increased its stake in Ascena Retail Group Inc (ASNA) by 494.41% based on its latest 2017Q3 regulatory filing with the SEC. Harvest Capital Strategies Llc bought 9.90M shares as the company’s stock declined 59.69% while stock markets rallied. The institutional investor held 11.90 million shares of the consumer services company at the end of 2017Q3, valued at $29.16 million, up from 2.00 million at the end of the previous reported quarter. Harvest Capital Strategies Llc who had been investing in Ascena Retail Group Inc for a number of months, seems to be bullish on the $386.91M market cap company. The stock decreased 0.49% or $0.01 during the last trading session, reaching $2.02. About 1.05M shares traded. Ascena Retail Group, Inc. (NASDAQ:ASNA) has declined 70.94% since March 14, 2017 and is downtrending. It has underperformed by 87.64% the S&P500.

Harvest Capital Strategies Llc, which manages about $1.58 billion and $523.53M US Long portfolio, decreased its stake in Stamps Com Inc (NASDAQ:STMP) by 119,700 shares to 60,000 shares, valued at $12.16M in 2017Q3, according to the filing. It also reduced its holding in Grand Canyon Education Inc (NASDAQ:LOPE) by 60,000 shares in the quarter, leaving it with 250,000 shares, and cut its stake in Green Plains Inc (NASDAQ:GPRE).

More notable recent Ascena Retail Group, Inc. (NASDAQ:ASNA) news were published by: which released: “ascena retail group, inc. Announces Participation in Telsey Advisory Group’s 10” on March 14, 2018, also with their article: “S&P downgrades Ann Taylor parent Ascena on weak operating trends and credit …” published on March 14, 2018, published: “ascena retail group, inc. Announces Fiscal 2018 Second Quarter Financial …” on February 26, 2018. More interesting news about Ascena Retail Group, Inc. (NASDAQ:ASNA) were released by: and their article: “Ascena Retail: Dead Money” published on March 07, 2018 as well as‘s news article titled: “ascena retail group, inc. Reports Second Quarter Results and Provides Guidance …” with publication date: March 05, 2018.

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

Among 11 analysts covering Ascena Retail Group (NASDAQ:ASNA), 1 have Buy rating, 1 Sell and 9 Hold. Therefore 9% are positive. Ascena Retail Group had 31 analyst reports since September 24, 2015 according to SRatingsIntel. Cowen & Co maintained Ascena Retail Group, Inc. (NASDAQ:ASNA) on Friday, June 9 with “Hold” rating. FBR Capital maintained Ascena Retail Group, Inc. (NASDAQ:ASNA) on Tuesday, March 6 with “Hold” rating. FBR Capital maintained the shares of ASNA in report on Tuesday, August 15 with “Neutral” rating. The firm earned “Market Perform” rating on Tuesday, September 20 by Oppenheimer. The stock of Ascena Retail Group, Inc. (NASDAQ:ASNA) has “Hold” rating given on Wednesday, October 11 by KeyBanc Capital Markets. The rating was upgraded by Goldman Sachs on Thursday, February 11 to “Neutral”. The stock has “Hold” rating by RBC Capital Markets on Monday, June 12. Citigroup maintained the stock with “Neutral” rating in Tuesday, September 20 report. The stock of Ascena Retail Group, Inc. (NASDAQ:ASNA) has “Mkt Perform” rating given on Tuesday, September 20 by FBR Capital. The stock of Ascena Retail Group, Inc. (NASDAQ:ASNA) earned “Market Perform” rating by Telsey Advisory Group on Tuesday, January 12.

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