The Children’s Place Retail Stores Inc. (NASDAQ:PLCE) shares traded up 4.3% on Thursday . The company traded as high as $83.40 and last traded at $82.88, with a volume of 636,175 shares trading hands. The stock had previously closed at $79.49.

A number of research analysts have recently weighed in on the company. Zacks Investment Research raised The Children’s Place Retail Stores from a “hold” rating to a “strong-buy” rating and set a $96.00 price objective on the stock in a report on Saturday, July 30th. Off Wall Street began coverage on The Children’s Place Retail Stores in a research note on Wednesday, May 4th. They issued a “sell” rating on the stock. Oppenheimer Holdings Inc. downgraded The Children’s Place Retail Stores from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $82.00 to $72.00 in a research note on Wednesday, May 4th. Goldman Sachs Group Inc. upgraded The Children’s Place Retail Stores to a “buy” rating and set a $93.00 target price on the stock in a research note on Thursday, May 26th. Finally, Stephens restated an “equal weight” rating and issued a $80.00 target price on shares of The Children’s Place Retail Stores in a research note on Tuesday, May 17th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $81.29.

The company has a market capitalization of $1.56 billion and a PE ratio of 24.54. The company’s 50 day moving average is $81.31 and its 200-day moving average is $74.80.

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

In other The Children’s Place Retail Stores news, Director Joseph A. Alutto sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, May 23rd. The stock was sold at an average price of $74.02, for a total transaction of $1,110,300.00. Following the transaction, the director now owns 46,165 shares in the company, valued at approximately $3,417,133.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Other institutional investors have added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position in The Children’s Place Retail Stores by 1.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,406,204 shares of the company’s stock valued at $77,623,000 after buying an additional 16,063 shares during the last quarter. Morgan Stanley boosted its position in 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. River Road Asset Management LLC boosted its position in The Children’s Place Retail Stores by 44.1% in the fourth quarter. River Road Asset Management LLC now owns 306,666 shares of the company’s stock valued at $16,928,000 after buying an additional 93,916 shares during the last quarter. California Public Employees Retirement System boosted its position in 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. Finally, Bank of Montreal Can boosted its position in 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.

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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