Children’s Place, Inc. (The) (PLCE) Shares Sold by Macquarie Group Ltd.

Macquarie Group Ltd. cut its position in Children’s Place, Inc. (The) (NASDAQ:PLCE) by 78.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,100 shares of the company’s stock after selling 25,600 shares during the period. Macquarie Group Ltd.’s holdings in Children’s Place, Inc. (The) were worth $725,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Profund Advisors LLC boosted its stake in shares of Children’s Place, Inc. (The) by 18.0% in the second quarter. Profund Advisors LLC now owns 3,045 shares of the company’s stock worth $311,000 after acquiring an additional 465 shares during the last quarter. Airain ltd acquired a new stake in shares of Children’s Place, Inc. (The) in the second quarter worth approximately $1,032,000. Old Mutual Global Investors UK Ltd. boosted its stake in shares of Children’s Place, Inc. (The) by 42.3% in the second quarter. Old Mutual Global Investors UK Ltd. now owns 373,527 shares of the company’s stock worth $38,137,000 after acquiring an additional 110,995 shares during the last quarter. Stifel Financial Corp boosted its stake in shares of Children’s Place, Inc. (The) by 42.7% in the second quarter. Stifel Financial Corp now owns 36,929 shares of the company’s stock worth $3,773,000 after acquiring an additional 11,056 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in shares of Children’s Place, Inc. (The) by 25.2% in the first quarter. Public Employees Retirement System of Ohio now owns 42,877 shares of the company’s stock worth $5,147,000 after acquiring an additional 8,635 shares during the last quarter.

Shares of Children’s Place, Inc. (NASDAQ PLCE) opened at 109.95 on Monday. The stock has a market cap of $1.94 billion, a P/E ratio of 15.72 and a beta of 0.32. Children’s Place, Inc. has a 12-month low of $70.90 and a 12-month high of $125.30. The company has a 50 day moving average price of $110.68 and a 200 day moving average price of $108.45.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last released its quarterly earnings data on Wednesday, August 9th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.75 by $0.11. Children’s Place, Inc. (The) had a return on equity of 26.01% and a net margin of 7.14%. The company had revenue of $373.60 million for the quarter, compared to analyst estimates of $376.53 million. During the same period last year, the company posted ($0.01) earnings per share. The firm’s revenue was up .6% compared to the same quarter last year. Analysts anticipate that Children’s Place, Inc. will post $7.36 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 3rd. Shareholders of record on Tuesday, September 12th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.46%. The ex-dividend date was Monday, September 11th. Children’s Place, Inc. (The)’s dividend payout ratio (DPR) is presently 22.92%.

A number of analysts have recently issued reports on PLCE shares. BMO Capital Markets set a $112.00 price target on Children’s Place, Inc. (The) and gave the stock a “hold” rating in a research note on Thursday, July 6th. BidaskClub upgraded Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Saturday, July 8th. Finally, 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. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Children’s Place, Inc. (The) has a consensus rating of “Buy” and a consensus price target of $128.36.

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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.

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

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