Children’s Place, Inc. (The) (PLCE) Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP increased its holdings in Children’s Place, Inc. (The) (NASDAQ:PLCE) by 1,708.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,795 shares of the company’s stock after buying an additional 7,364 shares during the period. Quantbot Technologies LP’s holdings in Children’s Place were worth $920,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. FMR LLC raised its position in Children’s Place by 7,303.5% in the 2nd quarter. FMR LLC now owns 741,169 shares of the company’s stock worth $75,674,000 after purchasing an additional 731,158 shares during the period. LSV Asset Management grew its holdings in Children’s Place by 49.9% in the 2nd quarter. LSV Asset Management now owns 694,668 shares of the company’s stock worth $70,925,000 after acquiring an additional 231,111 shares during the last quarter. Systematic Financial Management LP grew its holdings in Children’s Place by 179.0% in the 2nd quarter. Systematic Financial Management LP now owns 295,581 shares of the company’s stock worth $30,179,000 after acquiring an additional 189,623 shares during the last quarter. Voya Investment Management LLC boosted its stake in shares of Children’s Place by 39.9% during the 2nd quarter. Voya Investment Management LLC now owns 551,468 shares of the company’s stock valued at $56,305,000 after purchasing an additional 157,333 shares in the last quarter. Finally, Balyasny Asset Management LLC boosted its stake in Children’s Place by 144.9% during the second quarter. Balyasny Asset Management LLC now owns 199,899 shares of the company’s stock worth $20,410,000 after acquiring an additional 118,267 shares in the last quarter.

Children’s Place, Inc. (NASDAQ:PLCE) remained flat at $$135.00 on Thursday. The company had a trading volume of 365,192 shares, compared to its average volume of 529,562. The company has a market capitalization of $2,329.26, a PE ratio of 18.42, a price-to-earnings-growth ratio of 1.97 and a beta of 0.33. Children’s Place, Inc. has a twelve month low of $92.95 and a twelve month high of $139.95.

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

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 3rd. Shareholders of record on Wednesday, December 13th will be paid a dividend of $0.40 per share. The ex-dividend date is Tuesday, December 12th. This represents a $1.60 annualized dividend and a yield of 1.19%. Children’s Place’s dividend payout ratio (DPR) is presently 22.66%.

Several research firms recently commented on PLCE. B. Riley reaffirmed a “buy” rating on shares of Children’s Place in a report on Wednesday, November 1st. BidaskClub raised shares of Children’s Place from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 9th. ValuEngine cut shares of Children’s Place from a “buy” rating to a “hold” rating in a report on Wednesday, November 22nd. Telsey Advisory Group upped their price target on shares of Children’s Place from $135.00 to $140.00 and gave the stock an “outperform” rating in a research report on Thursday, November 16th. Finally, BMO Capital Markets restated a “hold” rating and set a $112.00 target price on shares of Children’s Place in a research report on Thursday, November 2nd. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $131.67.

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Children’s 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.

Institutional Ownership by Quarter for Children`s Place (NASDAQ:PLCE)

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