Children’s Place, Inc. (The) (PLCE) Position Lifted by Rothschild Asset Management Inc.

Rothschild Asset Management Inc. boosted its position in Children’s Place, Inc. (The) (NASDAQ:PLCE) by 4.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 261,005 shares of the company’s stock after buying an additional 12,180 shares during the quarter. Rothschild Asset Management Inc. owned approximately 1.48% of Children’s Place worth $30,838,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Alps Advisors Inc. raised its holdings in Children’s Place by 0.3% in the second quarter. Alps Advisors Inc. now owns 4,086 shares of the company’s stock worth $417,000 after purchasing an additional 11 shares in the last quarter. Renaissance Group LLC grew its stake in shares of Children’s Place by 0.4% in the second quarter. Renaissance Group LLC now owns 3,302 shares of the company’s stock worth $337,000 after acquiring an additional 12 shares during the last quarter. Hanseatic Management Services Inc. boosted its position in shares of Children’s Place 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 buying an additional 14 shares during the last quarter. Zacks Investment Management boosted its position in shares of Children’s Place 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 buying an additional 48 shares during the last quarter. Finally, Navellier & Associates Inc boosted its position in shares of Children’s Place by 1.9% during the second quarter. Navellier & Associates Inc now owns 3,399 shares of the company’s stock valued at $347,000 after buying an additional 65 shares during the last quarter.

Children’s Place, Inc. (NASDAQ PLCE) remained flat at $$135.00 during midday trading on Thursday. 365,192 shares of the company were exchanged, compared to its average volume of 529,562. The firm has a market cap of $2,329.26, a PE ratio of 18.42, a PEG ratio of 1.97 and a beta of 0.33. Children’s Place, Inc. has a 12-month low of $92.95 and a 12-month high of $139.95.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 3rd. Investors of record on Wednesday, December 13th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Tuesday, December 12th. Children’s Place’s payout ratio is currently 22.66%.

Several equities research analysts recently commented on PLCE shares. BMO Capital Markets reaffirmed a “hold” rating and set a $112.00 price objective on shares of Children’s Place in a research report on Thursday, November 2nd. Buckingham Research raised their target price on Children’s Place from $139.00 to $144.00 and gave the stock a “buy” rating in a research report on Thursday, November 16th. ValuEngine raised Children’s Place from a “hold” rating to a “buy” rating in a research report on Wednesday, November 15th. Telsey Advisory Group raised their price objective on Children’s Place from $135.00 to $140.00 and gave the stock an “outperform” rating in a research note on Thursday, November 16th. Finally, B. Riley set a $130.00 price objective on Children’s Place and gave the stock a “buy” rating in a research note on Wednesday, November 15th. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $131.67.

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About Children’s Place

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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