361 Capital LLC bought a new stake in Children’s Place, Inc. (The) (NASDAQ:PLCE) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 19,137 shares of the company’s stock, valued at approximately $2,261,000. 361 Capital LLC owned about 0.11% of Children’s Place, Inc. (The) at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Quantbot Technologies LP raised its stake in shares of Children’s Place, Inc. (The) by 1,708.6% in the third quarter. Quantbot Technologies LP now owns 7,795 shares of the company’s stock valued at $920,000 after acquiring an additional 7,364 shares during the last quarter. DekaBank Deutsche Girozentrale increased its holdings in shares of Children’s Place, Inc. (The) by 76.0% in the third quarter. DekaBank Deutsche Girozentrale now owns 11,115 shares of the company’s stock valued at $1,115,000 after purchasing an additional 4,800 shares in the last quarter. Advisor Group Inc. increased its holdings in shares of Children’s Place, Inc. (The) by 169.9% in the third quarter. Advisor Group Inc. now owns 1,768 shares of the company’s stock valued at $209,000 after purchasing an additional 1,113 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its holdings in shares of Children’s Place, Inc. (The) by 45.2% in the third quarter. Municipal Employees Retirement System of Michigan now owns 7,610 shares of the company’s stock valued at $899,000 after purchasing an additional 2,370 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in shares of Children’s Place, Inc. (The) by 15.5% in the third quarter. Sei Investments Co. now owns 50,382 shares of the company’s stock valued at $5,953,000 after purchasing an additional 6,776 shares in the last quarter.

Children’s Place, Inc. (PLCE) traded up $3.30 on Friday, reaching $123.95. 1,012,900 shares of the company’s stock were exchanged, compared to its average volume of 529,746. The firm has a market cap of $2,128.25, a price-to-earnings ratio of 16.60, a PEG ratio of 1.80 and a beta of 0.27. Children’s Place, Inc. has a 12-month low of $92.95 and a 12-month high of $125.30.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last announced its quarterly earnings results on Wednesday, November 15th. The company reported $2.58 earnings per share for the quarter, topping analysts’ consensus estimates of $2.47 by $0.11. The company had revenue of $490.00 million for the quarter, compared to analysts’ expectations of $480.28 million. Children’s Place, Inc. (The) had a net margin of 7.07% and a return on equity of 26.58%. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period last year, the firm posted $2.29 earnings per share. research analysts anticipate that Children’s Place, Inc. will post 7.46 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Wednesday, December 13th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.29%. Children’s Place, Inc. (The)’s dividend payout ratio is 22.66%.

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A number of analysts recently weighed in on PLCE shares. FBR & Co reissued a “buy” rating and issued a $127.00 price target on shares of Children’s Place, Inc. (The) in a report on Monday, October 2nd. BidaskClub raised shares of Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. BMO Capital Markets reissued a “hold” rating and issued a $112.00 price target on shares of Children’s Place, Inc. (The) in a report on Thursday, November 2nd. ValuEngine raised shares of Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a report on Wednesday. Finally, B. Riley set a $130.00 price target on shares of Children’s Place, Inc. (The) and gave the company a “buy” rating in a report on Wednesday. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $130.92.

Children’s Place, Inc. (The) Profile

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. The Company operates through two segments: The Children’s Place U.S. and The Children’s Place International.

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Institutional Ownership by Quarter for Children`s Place, Inc. (The) (NASDAQ:PLCE)

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