First Trust Advisors LP increased its stake in shares of Children’s Place, Inc. (The) (NASDAQ:PLCE) by 30.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 19,562 shares of the company’s stock after acquiring an additional 4,516 shares during the quarter. First Trust Advisors LP owned about 0.11% of Children’s Place, Inc. (The) worth $2,311,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Riverhead Capital Management LLC lifted its position in Children’s Place, Inc. (The) by 80.7% during the second quarter. Riverhead Capital Management LLC now owns 1,265 shares of the company’s stock valued at $129,000 after purchasing an additional 565 shares during the last quarter. Flinton Capital Management LLC lifted its position in Children’s Place, Inc. (The) by 70.0% during the second quarter. Flinton Capital Management LLC now owns 1,904 shares of the company’s stock valued at $194,000 after purchasing an additional 784 shares during the last quarter. Hanseatic Management Services Inc. lifted its position in Children’s Place, Inc. (The) by 0.7% during the second quarter. Hanseatic Management Services Inc. now owns 2,085 shares of the company’s stock valued at $213,000 after purchasing an additional 14 shares during the last quarter. Zacks Investment Management lifted its position in Children’s Place, Inc. (The) by 2.0% during the second quarter. Zacks Investment Management now owns 2,429 shares of the company’s stock valued at $248,000 after purchasing an additional 48 shares during the last quarter. Finally, Turner Investments LLC lifted its position in Children’s Place, Inc. (The) by 37.5% during the second quarter. Turner Investments LLC now owns 2,750 shares of the company’s stock valued at $281,000 after purchasing an additional 750 shares during the last quarter.

Several equities analysts have commented on PLCE shares. ValuEngine lowered shares of Children’s Place, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Wednesday. BMO Capital Markets set a $112.00 price objective on shares of Children’s Place, Inc. (The) and gave the company a “hold” rating in a research report on Tuesday, August 8th. BidaskClub lowered shares of Children’s Place, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. FBR & Co reiterated a “buy” rating and set a $127.00 price objective on shares of Children’s Place, Inc. (The) in a research report on Monday, October 2nd. Finally, B. Riley set a $130.00 price objective on shares of Children’s Place, Inc. (The) and gave the company a “buy” rating in a research report on Wednesday, November 15th. Five equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Children’s Place, Inc. (The) currently has an average rating of “Buy” and an average price target of $131.67.

Shares of Children’s Place, Inc. (NASDAQ PLCE) opened at $126.25 on Friday. Children’s Place, Inc. has a 12 month low of $92.95 and a 12 month high of $130.95. The firm has a market cap of $2,174.44, a price-to-earnings ratio of 17.19, a PEG ratio of 1.84 and a beta of 0.27.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last announced its earnings results on Wednesday, November 15th. The company reported $2.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.46 by $0.12. Children’s Place, Inc. (The) had a net margin of 7.07% and a return on equity of 26.58%. The business had revenue of $490.00 million for the quarter, compared to the consensus estimate of $480.28 million. During the same quarter in the prior year, the firm posted $2.29 earnings per share. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. analysts anticipate that Children’s Place, Inc. will post 7.54 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Wednesday, December 13th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Tuesday, December 12th. Children’s Place, Inc. (The)’s dividend payout ratio is currently 22.66%.

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Children’s Place, Inc. (The) Company 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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