Shares of The Children’s Place Retail Stores Inc. (NASDAQ:PLCE) hit a new 52-week high during trading on Monday . The stock traded as high as $84.95 and last traded at $84.10, with a volume of 101,752 shares changing hands. The stock had previously closed at $83.17.

Several analysts have recently commented on PLCE shares. Goldman Sachs Group Inc. reiterated a “neutral” rating and set a $74.00 price objective on shares of The Children’s Place Retail Stores in a report on Sunday, April 10th. Zacks Investment Research lowered The Children’s Place Retail Stores from a “buy” rating to a “hold” rating in a report on Tuesday, May 3rd. Oppenheimer Holdings Inc. lowered The Children’s Place Retail Stores from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $82.00 to $72.00 in a report on Wednesday, May 4th. Off Wall Street started coverage on The Children’s Place Retail Stores in a report on Wednesday, May 4th. They set a “sell” rating for the company. Finally, Mizuho reiterated a “buy” rating and set a $85.00 price objective on shares of The Children’s Place Retail Stores in a report on Tuesday, May 17th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $80.14.

The company’s 50 day moving average price is $77.77 and its 200-day moving average price is $72.95. The firm has a market cap of $1.59 billion and a PE ratio of 24.92.

The Children’s Place Retail Stores (NASDAQ:PLCE) last announced its quarterly earnings results on Tuesday, May 17th. The company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.28. The business earned $419.40 million during the quarter, compared to analysts’ expectations of $417.91 million. During the same period last year, the company earned $0.83 EPS. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. On average, equities analysts predict that The Children’s Place Retail Stores Inc. will post $4.25 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 7th. Shareholders of record on Thursday, June 16th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.96%. The ex-dividend date was Tuesday, June 14th.

In related news, insider Gregory I. Poole sold 1,635 shares of the company’s stock in a transaction that occurred on Friday, May 6th. The shares were sold at an average price of $71.21, for a total transaction of $116,428.35. Following the transaction, the insider now owns 50,010 shares of the company’s stock, valued at $3,561,212.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Gregory I. Poole sold 868 shares of the company’s stock in a transaction that occurred on Monday, May 9th. The shares were sold at an average price of $72.06, for a total transaction of $62,548.08. Following the transaction, the vice president now directly owns 57,062 shares in the company, valued at approximately $4,111,887.72. The disclosure for this sale can be found here.

Other institutional investors have recently made changes to their positions in the company. State of Wisconsin Investment Board increased its position in shares of The Children’s Place Retail Stores by 3.1% in the fourth quarter. State of Wisconsin Investment Board now owns 35,545 shares of the company’s stock valued at $1,962,000 after buying an additional 1,063 shares during the last quarter. Bank of Montreal Can increased its position in shares of The Children’s Place Retail Stores by 375.0% in the fourth quarter. Bank of Montreal Can now owns 51,322 shares of the company’s stock valued at $2,833,000 after buying an additional 40,517 shares during the last quarter. California Public Employees Retirement System increased its position in shares of The Children’s Place Retail Stores by 3.2% in the fourth quarter. California Public Employees Retirement System now owns 64,200 shares of the company’s stock valued at $3,544,000 after buying an additional 2,000 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of The Children’s Place Retail Stores by 4.2% in the fourth quarter. Principal Financial Group Inc. now owns 139,211 shares of the company’s stock valued at $7,685,000 after buying an additional 5,585 shares during the last quarter. Finally, Morgan Stanley increased its position in shares of The Children’s Place Retail Stores by 73.3% in the fourth quarter. Morgan Stanley now owns 322,881 shares of the company’s stock valued at $17,822,000 after buying an additional 136,549 shares during the last quarter.

The Children’s Place, Inc (The Children’s Place) is a pure-play children’s specialty apparel retailer in North America. The Company sells apparel, accessories, footwear and other items for children in sizes 0 to 14. The Company operates through two segments: The Children’s Place U.S. and The Children’s Place International.

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