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

Several research analysts recently weighed in on PLCE shares. Zacks Investment Research cut The Children’s Place Retail Stores from a “buy” rating to a “hold” rating in a research report on Tuesday, May 3rd. Oppenheimer Holdings Inc. cut The Children’s Place Retail Stores from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $82.00 to $72.00 in a research report on Wednesday, May 4th. Off Wall Street started coverage on The Children’s Place Retail Stores in a research report on Wednesday, May 4th. They set a “sell” rating for the company. Mizuho reiterated a “buy” rating and set a $85.00 price target on shares of The Children’s Place Retail Stores in a research report on Tuesday, May 17th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of The Children’s Place Retail Stores in a research report on Tuesday, May 17th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. The Children’s Place Retail Stores currently has a consensus rating of “Buy” and an average price target of $81.29.

The firm has a 50-day moving average price of $81.47 and a 200-day moving average price of $74.94. The company has a market cap of $1.55 billion and a P/E ratio of 24.34.

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

In other news, Director Joseph A. Alutto sold 15,000 shares of the 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 completion of the transaction, the director now directly owns 46,165 shares of the company’s stock, valued at approximately $3,417,133.30. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Several institutional investors have modified their holdings of the company. River Road Asset Management LLC increased its position in shares of 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 worth $16,928,000 after buying an additional 93,916 shares during the period. Dimensional Fund Advisors LP increased 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. Bank of Montreal Can increased 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. Morgan Stanley increased 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. Finally, State of Wisconsin Investment Board increased its position in 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.

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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