Christopher & Banks Corp. (NYSE:CBK) issued its earnings results on Thursday. The company reported $0.09 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.04. Christopher & Banks Corp. had a negative net margin of 13.14% and a negative return on equity of 13.24%. The firm had revenue of $106.70 million for the quarter.

Shares of Christopher & Banks Corp. (NYSE:CBK) opened at 1.72 on Thursday. The stock’s 50 day moving average price is $1.49 and its 200-day moving average price is $1.80. The company’s market cap is $64.05 million. Christopher & Banks Corp. has a 12-month low of $0.96 and a 12-month high of $3.02.

Earnings History for Christopher & Banks Corp. (NYSE:CBK)

Separately, Zacks Investment Research cut shares of Christopher & Banks Corp. from a “strong-buy” rating to a “hold” rating in a report on Monday, August 15th.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Morgan Stanley raised its position in Christopher & Banks Corp. by 198.9% in the third quarter. Morgan Stanley now owns 142,499 shares of the company’s stock worth $207,000 after buying an additional 94,829 shares in the last quarter. JPMorgan Chase & Co. increased its position in Christopher & Banks Corp. by 2.0% in the third quarter. JPMorgan Chase & Co. now owns 77,814 shares of the company’s stock valued at $113,000 after buying an additional 1,511 shares during the last quarter. Cubist Systematic Strategies LLC increased its position in Christopher & Banks Corp. by 3.0% in the second quarter. Cubist Systematic Strategies LLC now owns 51,528 shares of the company’s stock valued at $113,000 after buying an additional 1,483 shares during the last quarter. Paloma Partners Management Co increased its position in Christopher & Banks Corp. by 902.3% in the second quarter. Paloma Partners Management Co now owns 133,304 shares of the company’s stock valued at $292,000 after buying an additional 120,004 shares during the last quarter. Finally, A.R.T. Advisors LLC increased its position in Christopher & Banks Corp. by 391.0% in the second quarter. A.R.T. Advisors LLC now owns 174,829 shares of the company’s stock valued at $382,000 after buying an additional 139,225 shares during the last quarter. 47.57% of the stock is owned by hedge funds and other institutional investors.

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Christopher & Banks Corp. Company Profile

Christopher & Banks Corporation is a national specialty retailer featuring private-brand women’s apparel and accessories. The Company offers its customers an assortment of clothing for everyday needs. Its merchandise assortments include designs of women’s apparel, generally consisting of casual clothing, everyday basics, wear-to-work, leisure/active wear, and sleepwear in missy, petite and women sizes.

5 Day Chart for NYSE:CBK

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