2 weeks Ago By Defense World Staff
Prudential Financial Inc. decreased its holdings in shares of Stitch Fix, Inc. (NASDAQ:SFIX – Free Report) by 59.
4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,100 shares of the company’s stock after selling 38,200 shares during the quarter. Prudential Financial Inc.
’s holdings in Stitch Fix were worth $112,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc.
boosted its holdings in Stitch Fix by 7.6% in the fourth quarter. Vanguard Group Inc.
now owns 6,469,114 shares of the company’s stock worth $27,882,000 after purchasing an additional 457,568 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Stitch Fix by 3.8% during the 3rd quarter.
Geode Capital Management LLC now owns 2,294,925 shares of the company’s stock worth $6,473,000 after acquiring an additional 83,220 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Stitch Fix by 46.
8% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 732,990 shares of the company’s stock valued at $3,159,000 after acquiring an additional 233,848 shares during the last quarter.
Bank of New York Mellon Corp raised its stake in shares of Stitch Fix by 7.5% in the 4th quarter. Bank of New York Mellon Corp now owns 258,299 shares of the company’s stock valued at $1,113,000 after acquiring an additional 17,943 shares in the last quarter.
Finally, American Century Companies Inc. lifted its holdings in Stitch Fix by 16.5% in the 4th quarter.
American Century Companies Inc. now owns 187,022 shares of the company’s stock worth $806,000 after purchasing an additional 26,492 shares during the last quarter. Institutional investors own 71.
04% of the company’s stock. Stitch Fix Stock PerformanceNASDAQ SFIX opened at $2.99 on Friday.
The stock has a 50-day simple moving average of $4.14 and a 200 day simple moving average of $4.01.
Stitch Fix, Inc. has a twelve month low of $2.06 and a twelve month high of $6.
99. The stock has a market capitalization of $385.10 million, a PE ratio of -3.
60 and a beta of 2.03. Stitch Fix (NASDAQ:SFIX – Get Free Report) last issued its quarterly earnings results on Tuesday, March 11th.
The company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.
06. The company had revenue of $312.11 million during the quarter, compared to analyst estimates of $298.
04 million. Stitch Fix had a negative return on equity of 32.71% and a negative net margin of 7.
71%. The company’s quarterly revenue was down 5.5% compared to the same quarter last year.
During the same period in the previous year, the company earned ($0.29) earnings per share. As a group, equities research analysts forecast that Stitch Fix, Inc.
will post -0.44 EPS for the current fiscal year. Analyst Ratings ChangesSeparately, Telsey Advisory Group reiterated a “market perform” rating and set a $6.
00 price target on shares of Stitch Fix in a report on Wednesday, March 12th. One research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat.
com, the stock currently has a consensus rating of “Hold” and an average target price of $4.50.Check Out Our Latest Analysis on SFIXStitch Fix Company Profile (Free Report)Stitch Fix, Inc sells a range of apparel, shoes, and accessories for men, women, and kids through its website and mobile application in the United States and the United Kingdom.
It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags under the Stitch Fix brand. The company was formerly known as rack habit inc.Further ReadingFive stocks we like better than Stitch Fix3 Tickers Leading a Meme Stock RevivalJPMorgan is a Buy, if You Can Handle The Volatility Diversification Can Smooth Returns And Mitigate Portfolio RiskUnited States Steel’s Crash: An Unmissable Buying OpportunityHow Technical Indicators Can Help You Find Oversold Stocks Rocket Lab Stock: Weathering the Storm, Time for a Comeback?Want to see what other hedge funds are holding SFIX? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Stitch Fix, Inc. (NASDAQ:SFIX – Free Report)..
