Jane Street Group LLC Lowers Position in Torrid Holdings Inc. (NYSE:CURV)

Jane Street Group LLC lowered its position in shares of Torrid Holdings Inc. (NYSE:CURV) by 27.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,079 shares of the company’s stock after selling 3,892 shares during the period. Jane Street Group LLC’s holdings in Torrid were worth $40,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in CURV. Centiva Capital LP purchased a new position in shares of Torrid during the 3rd quarter worth $3,930,000. GSA Capital Partners LLP increased its holdings in shares of Torrid by 87.3% in the 3rd quarter. GSA Capital Partners LLP now owns 108,234 shares of the company’s stock worth $425,000 after buying an additional 50,439 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Torrid by 8.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 87,941 shares of the company’s stock worth $346,000 after buying an additional 6,968 shares during the last quarter. Verition Fund Management LLC bought a new position in Torrid during the 3rd quarter valued at about $166,000. Finally, Quadrature Capital Ltd bought a new position in Torrid in the 3rd quarter worth about $104,000. Institutional investors own 81.82% of the company’s stock.

Torrid Price Performance

CURV stock opened at $6.02 on Thursday. The company has a fifty day moving average price of $4.57 and a 200 day moving average price of $5.41. Torrid Holdings Inc. has a 12 month low of $2.18 and a 12 month high of $9.14. The company has a market cap of $630.64 million, a price-to-earnings ratio of 40.13, a price-to-earnings-growth ratio of 1.28 and a beta of 1.91.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Telsey Advisory Group lowered their price target on shares of Torrid from $8.00 to $5.00 and set a “market perform” rating for the company in a research report on Wednesday, December 4th. The Goldman Sachs Group dropped their price target on shares of Torrid from $4.50 to $4.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 4th. Finally, Bank of America began coverage on shares of Torrid in a research note on Friday, December 6th. They issued a “buy” rating and a $5.00 price target on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $5.20.

Torrid Company Profile

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.