XL Group Ltd (XL) Reaches $56.46 52-Week High; Bank Of New York Mellon Has Decreased Chico’s Fas (CHS) Holding

June 13, 2018 - By Linda Melvin

XL Group Ltd (NYSE:XL) Logo

Bank Of New York Mellon Corp decreased Chico’s Fas Inc (CHS) stake by 16.89% reported in 2018Q1 SEC filing. Bank Of New York Mellon Corp sold 521,777 shares as Chico’s Fas Inc (CHS)’s stock rose 11.77%. The Bank Of New York Mellon Corp holds 2.57 million shares with $23.21M value, down from 3.09 million last quarter. Chico’s Fas Inc now has $1.12 billion valuation. The stock decreased 1.03% or $0.09 during the last trading session, reaching $8.68. About 343,043 shares traded. Chico's FAS, Inc. (NYSE:CHS) has risen 4.10% since June 13, 2017 and is uptrending. It has underperformed by 8.47% the S&P500. Some Historical CHS News: ; 20/04/2018 – DJ Chico’s FAS Inc, Inst Holders, 1Q 2018 (CHS); 30/05/2018 – Chico’s FAS Sees FY18 Capex $60 Million to $70 Million; 30/05/2018 – CHICO’S FAS 1Q EPS 23C, EST. 26C; 30/04/2018 – CHICO’S FAS TO OFFER BRAND APPAREL & ACCESSORIES ON AMAZON; 30/05/2018 – Chico’s FAS Sees FY18 Comparable Sales Down Low-to-Mid Single Digits; 30/05/2018 – Chico’s FAS Sees FY18 Sales Down Mid-Single Digits; 13/03/2018 – Chico’s Emboldens Brand, Empowers Women; 06/03/2018 – Chico’s FAS Announces National Partnership with Habitat for Humanity; 06/04/2018 – Cal EMA Spills: SPILL Report – CHP – Chico – 04/06/2018 03:55 PM; 08/05/2018 – Chico’s FAS’ Intimate Apparel Brand, Soma, Debuts on QVC

The stock of XL Group Ltd (NYSE:XL) hit a new 52-week high and has $60.41 target or 7.00% above today’s $56.46 share price. The 7 months bullish chart indicates low risk for the $14.58B company. The 1-year high was reported on Jun, 13 by Barchart.com. If the $60.41 price target is reached, the company will be worth $1.02 billion more. The stock increased 0.27% or $0.15 during the last trading session, reaching $56.46. About 867,950 shares traded. XL Group Ltd (NYSE:XL) has risen 28.32% since June 13, 2017 and is uptrending. It has outperformed by 15.75% the S&P500. Some Historical XL News: ; 02/05/2018 – XL Group 1Q Net $152.6M; 09/05/2018 – Stimson Center and XL Catlin working to manage ocean risks to vulnerable coastal communities; 08/05/2018 – XL GROUP LTD XL.N : RBC CUTS TO SECTOR PERFORM FROM OUTPERFORM; 06/03/2018 – MOODY’S REVIEWS XL GROUP FOR UPGRADE ON AXA’S PROPOSED PURCHASE; 11/04/2018 – XL Catlin Live on Cloud-based EDM Solutions from IHS Markit; 02/04/2018 – XL Catlin reveals enhanced online platform for quick delivery of Professional Liability insurance for Design Professionals; 31/05/2018 – Allied Specialty Celebrates 35 Years of Insuring the U.S. Outdoor Entertainment Industry; 12/03/2018 – XL CATLIN NAMES URS UHLMANN TO LEAD INSURANCE IN CANADA; 14/05/2018 – AXA secures financing for acquisition of XL Group; 09/03/2018 – XL GROUP LTD XL.N : KBW RAISES TARGET PRICE TO $57.60 FROM $46

Among 18 analysts covering Chico’s FAS (NYSE:CHS), 6 have Buy rating, 1 Sell and 11 Hold. Therefore 33% are positive. Chico’s FAS had 64 analyst reports since August 14, 2015 according to SRatingsIntel. On Wednesday, January 10 the stock rating was maintained by Jefferies with “Hold”. The firm has “Hold” rating given on Monday, January 4 by Jefferies. On Thursday, November 16 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The company was downgraded on Monday, March 7 by Standpoint Research. Morgan Stanley maintained Chico's FAS, Inc. (NYSE:CHS) rating on Wednesday, November 25. Morgan Stanley has “Equal-Weight” rating and $12 target. The stock of Chico's FAS, Inc. (NYSE:CHS) has “Hold” rating given on Tuesday, July 4 by Jefferies. BB&T Capital initiated the shares of CHS in report on Friday, August 14 with “Hold” rating. The stock of Chico's FAS, Inc. (NYSE:CHS) has “Buy” rating given on Wednesday, November 25 by Brean Capital. On Wednesday, November 23 the stock rating was maintained by Deutsche Bank with “Hold”. Wolfe Research downgraded the stock to “Underperform” rating in Monday, November 23 report.

Bank Of New York Mellon Corp increased Toronto (NYSE:TD) stake by 93,428 shares to 2.89 million valued at $164.22M in 2018Q1. It also upped Ormat Technologies Inc (NYSE:ORA) stake by 7,380 shares and now owns 256,973 shares. Evoqua Water Technologies Co was raised too.

Analysts await Chico's FAS, Inc. (NYSE:CHS) to report earnings on August, 29. They expect $0.18 earnings per share, 0.00% or $0.00 from last year’s $0.18 per share. CHS’s profit will be $23.25 million for 12.06 P/E if the $0.18 EPS becomes a reality. After $0.23 actual earnings per share reported by Chico's FAS, Inc. for the previous quarter, Wall Street now forecasts -21.74% negative EPS growth.

Investors sentiment increased to 1.35 in 2018 Q1. Its up 0.11, from 1.24 in 2017Q4. It is positive, as 15 investors sold CHS shares while 68 reduced holdings. 42 funds opened positions while 70 raised stakes. 119.04 million shares or 1.86% less from 121.29 million shares in 2017Q4 were reported. Citigroup Inc reported 272,907 shares. State Bank Of Ny Mellon, New York-based fund reported 2.57M shares. Tudor Investment Corp Et Al has 10,643 shares. Thrivent Fincl For Lutherans holds 82,747 shares. Utd Services Automobile Association owns 19,485 shares. Missouri-based Benjamin F Edwards And has invested 0% in Chico's FAS, Inc. (NYSE:CHS). State Of Alaska Department Of Revenue has 0.01% invested in Chico's FAS, Inc. (NYSE:CHS). Jpmorgan Chase & Communications owns 5.25M shares. Parallax Volatility Advisers LP holds 0% or 4,742 shares. Deutsche State Bank Ag, Germany-based fund reported 357,093 shares. 148,161 are owned by Gotham Asset Ltd. M&T Commercial Bank Corporation accumulated 27,994 shares. Atlantic Trust Gp Limited Liability Co reported 0% in Chico's FAS, Inc. (NYSE:CHS). Connecticut-based Paloma Prtn has invested 0.02% in Chico's FAS, Inc. (NYSE:CHS). Renaissance Technology Ltd Com holds 0% of its portfolio in Chico's FAS, Inc. (NYSE:CHS) for 180,700 shares.

More important recent Chico's FAS, Inc. (NYSE:CHS) news were published by: Nasdaq.com which released: “New Research Coverage Highlights Accenture, Chico’s FAS, The Allstate, Sangamo Therapeutics, ABB, and First …” on June 13, 2018, also Seekingalpha.com published article titled: “Solid gains in the mall sector”, Seekingalpha.com published: “Traffic woes continue at Chico’s FAS” on May 30, 2018. More interesting news about Chico's FAS, Inc. (NYSE:CHS) was released by: Seekingalpha.com and their article: “Chico’s: What Now?” with publication date: May 31, 2018.

Investors sentiment decreased to 0.5 in Q1 2018. Its down Infinity, from Infinity in 2017Q4. It is negative, as 1 investors sold XL Group Ltd shares while 1 reduced holdings. 0 funds opened positions while 1 raised stakes. 39,259 shares or 72.15% less from 140,954 shares in 2017Q4 were reported. Focused Wealth Mngmt has 0.1% invested in XL Group Ltd (NYSE:XL) for 5,489 shares. Gemmer Asset Mgmt Limited Liability Company holds 466 shares or 0.01% of its portfolio. Cibc Ww Corp reported 0.02% in XL Group Ltd (NYSE:XL).

Among 18 analysts covering XL Group Plc (NYSE:XL), 4 have Buy rating, 0 Sell and 14 Hold. Therefore 22% are positive. XL Group Plc had 54 analyst reports since August 5, 2015 according to SRatingsIntel. Keefe Bruyette & Woods downgraded XL Group Ltd (NYSE:XL) rating on Thursday, March 8. Keefe Bruyette & Woods has “Hold” rating and $57.6 target. Sandler O’Neill maintained the stock with “Hold” rating in Wednesday, January 10 report. As per Monday, October 16, the company rating was maintained by Barclays Capital. The rating was maintained by UBS on Monday, October 30 with “Buy”. The firm has “Hold” rating given on Thursday, February 8 by Deutsche Bank. The stock of XL Group Ltd (NYSE:XL) earned “Buy” rating by RBC Capital Markets on Thursday, July 27. The firm earned “Neutral” rating on Monday, January 11 by Credit Suisse. The rating was upgraded by Bruyette & Woods;KBW; KBW” to “Mkt Perform” on Tuesday, August 25. The stock has “Outperform” rating by Keefe Bruyette & Woods on Tuesday, August 25. The stock has “Hold” rating by Deutsche Bank on Friday, August 7.

Since February 2, 2018, it had 0 insider purchases, and 5 sales for $8.48 million activity. Romann Gould Kirstin sold $2.68 million worth of stock or 62,290 shares. Robb Stephen also sold $800,000 worth of XL Group Ltd (NYSE:XL) on Wednesday, February 7. On Wednesday, February 7 the insider Hendrick Gregory sold $1.40M. Another trade for 20,000 shares valued at $780,000 was sold by Cross Susan Lee.

More notable recent XL Group Ltd (NYSE:XL) news were published by: Prnewswire.com which released: “XL Catlin updates Professional and Pollution Insurance Policy for the Construction and Environmental Services …” on June 11, 2018, also Investorplace.com with their article: “The Top 20 Stocks of 2018” published on June 12, 2018, Prnewswire.com published: “XL Group Ltd Shareholders Approve Merger Agreement with AXA” on June 06, 2018. More interesting news about XL Group Ltd (NYSE:XL) were released by: Prnewswire.com and their article: “XL Catlin to hold Global Day of Giving on Friday, June 8, 2018” published on June 07, 2018 as well as Nasdaq.com‘s news article titled: “KBW Announces Index Rebalancing for Second-Quarter 2018” with publication date: June 09, 2018.

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

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