Csenge Advisory Group Takes $231,000 Position in Children’s Place, Inc. (The) (PLCE)

Csenge Advisory Group acquired a new position in shares of Children’s Place, Inc. (The) (NASDAQ:PLCE) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,952 shares of the company’s stock, valued at approximately $231,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Profund Advisors LLC increased its stake in shares of Children’s Place, Inc. (The) by 18.0% during the 2nd quarter. Profund Advisors LLC now owns 3,045 shares of the company’s stock worth $311,000 after purchasing an additional 465 shares during the last quarter. Airain ltd acquired a new position in shares of Children’s Place, Inc. (The) during the 2nd quarter worth about $1,032,000. Old Mutual Global Investors UK Ltd. increased its stake in shares of Children’s Place, Inc. (The) by 42.3% during the 2nd quarter. Old Mutual Global Investors UK Ltd. now owns 373,527 shares of the company’s stock worth $38,137,000 after purchasing an additional 110,995 shares during the last quarter. Stifel Financial Corp increased its stake in shares of Children’s Place, Inc. (The) by 42.7% during the 2nd quarter. Stifel Financial Corp now owns 36,929 shares of the company’s stock worth $3,773,000 after purchasing an additional 11,056 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its stake in shares of Children’s Place, Inc. (The) by 25.2% during the 1st quarter. Public Employees Retirement System of Ohio now owns 42,877 shares of the company’s stock worth $5,147,000 after purchasing an additional 8,635 shares during the last quarter.

Children’s Place, Inc. (NASDAQ:PLCE) opened at $108.35 on Friday. Children’s Place, Inc. has a 52-week low of $70.90 and a 52-week high of $125.30. The stock has a market cap of $1,911.29, a P/E ratio of 15.52, a price-to-earnings-growth ratio of 1.63 and a beta of 0.27.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last announced its earnings results on Wednesday, August 9th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.11. Children’s Place, Inc. (The) had a net margin of 7.14% and a return on equity of 26.01%. The firm had revenue of $373.60 million for the quarter, compared to analyst estimates of $376.53 million. During the same quarter in the prior year, the business posted ($0.01) EPS. The business’s revenue was up .6% compared to the same quarter last year. equities research analysts forecast that Children’s Place, Inc. will post 7.4 earnings per share for the current year.

PLCE has been the topic of several recent analyst reports. BidaskClub upgraded shares of Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a research note on Saturday, July 8th. BMO Capital Markets set a $112.00 price target on shares of Children’s Place, Inc. (The) and gave the company a “hold” rating in a research note on Sunday, September 10th. Finally, FBR & Co reiterated a “buy” rating and issued a $127.00 price target on shares of Children’s Place, Inc. (The) in a research note on Monday, October 2nd. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Children’s Place, Inc. (The) currently has a consensus rating of “Buy” and a consensus target price of $128.36.

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About Children’s Place, Inc. (The)

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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