Geode Capital Management LLC Has $1.02 Million Holdings in Torrid Holdings Inc. (NYSE:CURV)

Geode Capital Management LLC lifted its holdings in Torrid Holdings Inc. (NYSE:CURV) by 11.4% in the 3rd quarter, Holdings Channel reports. The firm owned 259,929 shares of the company’s stock after buying an additional 26,703 shares during the quarter. Geode Capital Management LLC’s holdings in Torrid were worth $1,022,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Centiva Capital LP acquired a new position in Torrid during the 3rd quarter worth $3,930,000. GSA Capital Partners LLP lifted its position in Torrid by 87.3% during the 3rd quarter. GSA Capital Partners LLP now owns 108,234 shares of the company’s stock worth $425,000 after acquiring an additional 50,439 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Torrid by 8.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 87,941 shares of the company’s stock worth $346,000 after acquiring an additional 6,968 shares during the last quarter. Verition Fund Management LLC acquired a new position in Torrid during the 3rd quarter worth $166,000. Finally, XTX Topco Ltd bought a new position in shares of Torrid during the 3rd quarter worth about $145,000. Institutional investors and hedge funds own 81.82% of the company’s stock.

Torrid Stock Down 2.6 %

NYSE CURV opened at $5.71 on Friday. The stock has a market cap of $598.16 million, a P/E ratio of 38.07, a PEG ratio of 1.20 and a beta of 1.91. The company’s 50-day simple moving average is $4.48 and its 200 day simple moving average is $5.46. Torrid Holdings Inc. has a twelve month low of $2.18 and a twelve month high of $9.14.

Analysts Set New Price Targets

CURV has been the topic of several research reports. Bank of America initiated coverage on shares of Torrid in a report on Friday, December 6th. They set a “buy” rating and a $5.00 price objective on the stock. The Goldman Sachs Group dropped their price objective on shares of Torrid from $4.50 to $4.00 and set a “neutral” rating on the stock in a report on Wednesday, December 4th. William Blair upgraded shares of Torrid from a “market perform” rating to an “outperform” rating in a report on Tuesday, September 17th. Finally, Telsey Advisory Group dropped their price objective on shares of Torrid from $8.00 to $5.00 and set a “market perform” rating on the stock in a report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Torrid presently has a consensus rating of “Hold” and a consensus price target of $5.20.

About Torrid

Torrid Holdings Inc operates in women’s plus-size apparel and intimates market in North America. The company designs, develops, and merchandises its products under the Torrid, Torrid Curve, CURV, and Lovesick brand names. It is involved in the sale of tops, bottoms, dresses, denims, activewear, intimates, sleep wear, swim wear, and outerwear products; and non-apparel products comprising accessories, footwear, and beauty products.