Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Here is What Hedge Funds Think About Aeropostale, Inc. (ARO)

Judging by the fact that Aeropostale, Inc. (NYSE:ARO) has experienced a bearish sentiment from the aggregate hedge fund industry, it’s safe to say that there is a sect of hedge funds that elected to cut their entire stakes heading into Q4. Intriguingly, Nathaniel August’s Mangrove Partners dropped the biggest stake of the 700 funds watched by Insider Monkey, totaling about $2.3 million in stock. Soros Fund Management, also dropped its stock, about $0.3 million worth of shares . These bearish behaviors are important to note, as aggregate hedge fund interest was cut by 6 funds heading into Q4.

Let’s also examine hedge fund activity in other stocks – not necessarily in the same industry as Aeropostale, Inc. (NYSE:ARO) but similarly valued. We will take a look at Cosi Inc (NASDAQ:COSI), CHC Group Ltd (NYSE:HELI), Eleven Biotherapeutics Inc (NASDAQ:EBIO), and Zosano Pharma Corp (NASDAQ:ZSAN). All of these stock market caps are similar to Aeropostale, Inc. (NYSE:ARO)’s market cap.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
COSI 4 5590 0
HELI 7 3034 -6
EBIO 4 2653 -1
ZSAN 5 4232 0

As you can see, these stocks had an average of 5 hedge funds with bullish positions and the average amount invested in these stocks was $4 million. That figure was $12 million in Aeropostale, Inc. (NYSE:ARO)’s case. CHC Group Ltd (NYSE:HELI) is the most popular stock in this table. On the other hand, Cosi Inc (NASDAQ:COSI) is the least popular one with only 4 bullish hedge fund positions. Compared to these stocks, Aeropostale, Inc. (NYSE:ARO) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers, it may be a good idea to analyze it in detail and potentially include it in your portfolio.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.