Texas Permanent School Fund trimmed its stake in Childrens Place Inc (NASDAQ:PLCE) by 8.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,760 shares of the company’s stock after selling 1,118 shares during the period. Texas Permanent School Fund’s holdings in Childrens Place were worth $1,709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. James Investment Research Inc. boosted its position in Childrens Place by 83.8% in the 4th quarter. James Investment Research Inc. now owns 26,295 shares of the company’s stock valued at $3,822,000 after buying an additional 11,990 shares during the period. Bowling Portfolio Management LLC boosted its position in Childrens Place by 31.2% in the 4th quarter. Bowling Portfolio Management LLC now owns 17,297 shares of the company’s stock valued at $2,514,000 after buying an additional 4,115 shares during the period. Smith Graham & Co. Investment Advisors LP boosted its position in Childrens Place by 2.0% in the 4th quarter. Smith Graham & Co. Investment Advisors LP now owns 61,992 shares of the company’s stock valued at $9,011,000 after buying an additional 1,200 shares during the period. Louisiana State Employees Retirement System boosted its position in Childrens Place by 5.6% in the 4th quarter. Louisiana State Employees Retirement System now owns 7,500 shares of the company’s stock valued at $1,090,000 after buying an additional 400 shares during the period. Finally, Copper Rock Capital Partners LLC boosted its position in Childrens Place by 3.6% in the 4th quarter. Copper Rock Capital Partners LLC now owns 224,524 shares of the company’s stock valued at $32,522,000 after buying an additional 7,775 shares during the period.

Shares of Childrens Place Inc (NASDAQ:PLCE) opened at $143.55 on Friday. Childrens Place Inc has a twelve month low of $94.95 and a twelve month high of $161.65. The company has a market cap of $2,500.00, a PE ratio of 20.36, a PEG ratio of 1.83 and a beta of 0.23.

Childrens Place (NASDAQ:PLCE) last posted its quarterly earnings results on Wednesday, November 15th. The company reported $2.58 EPS for the quarter, beating the consensus estimate of $2.46 by $0.12. Childrens Place had a net margin of 7.07% and a return on equity of 26.58%. The business had revenue of $490.00 million during the quarter, compared to analyst estimates of $480.28 million. During the same quarter in the previous year, the business posted $2.29 EPS. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. equities analysts forecast that Childrens Place Inc will post 7.87 earnings per share for the current year.

PLCE has been the subject of several research reports. BMO Capital Markets reissued a “hold” rating and issued a $112.00 price objective on shares of Childrens Place in a research report on Thursday, November 2nd. B. Riley restated a “buy” rating on shares of Childrens Place in a report on Wednesday, November 1st. ValuEngine upgraded shares of Childrens Place from a “hold” rating to a “buy” rating in a report on Wednesday, November 15th. Telsey Advisory Group boosted their price target on shares of Childrens Place from $135.00 to $140.00 and gave the company an “outperform” rating in a report on Thursday, November 16th. Finally, Buckingham Research boosted their price target on shares of Childrens Place from $139.00 to $144.00 and gave the company a “buy” rating in a report on Thursday, November 16th. Four analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Childrens Place has an average rating of “Buy” and an average price target of $139.15.

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Childrens Place 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 Childrens Place (NASDAQ:PLCE)

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