Caleres, Inc. (NYSE:CAL) CEO Diane M. Sullivan sold 26,100 shares of the firm’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $32.57, for a total value of $850,077.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Caleres, Inc. (NYSE:CAL) opened at $31.44 on Friday. Caleres, Inc. has a twelve month low of $22.39 and a twelve month high of $36.61. The company has a market capitalization of $1,350.85, a PE ratio of 15.64, a P/E/G ratio of 1.33 and a beta of 1.12. The company has a current ratio of 1.93, a quick ratio of 0.49 and a debt-to-equity ratio of 0.29.
Caleres (NYSE:CAL) last announced its earnings results on Tuesday, November 21st. The textile maker reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.05). Caleres had a net margin of 2.21% and a return on equity of 13.59%. The firm had revenue of $774.66 million for the quarter, compared to analysts’ expectations of $785.75 million. During the same quarter last year, the business earned $0.81 earnings per share. The business’s revenue was up 5.8% compared to the same quarter last year. equities analysts anticipate that Caleres, Inc. will post 2.15 earnings per share for the current fiscal year.
Several institutional investors and hedge funds have recently made changes to their positions in CAL. State Street Corp boosted its stake in shares of Caleres by 4.7% in the 1st quarter. State Street Corp now owns 1,158,763 shares of the textile maker’s stock valued at $30,619,000 after buying an additional 51,954 shares during the period. State of Alaska Department of Revenue boosted its stake in shares of Caleres by 78.5% in the 2nd quarter. State of Alaska Department of Revenue now owns 8,495 shares of the textile maker’s stock valued at $235,000 after buying an additional 3,735 shares during the period. US Bancorp DE boosted its stake in shares of Caleres by 0.5% in the 2nd quarter. US Bancorp DE now owns 10,274 shares of the textile maker’s stock valued at $285,000 after buying an additional 49 shares during the period. Strs Ohio boosted its stake in shares of Caleres by 3.0% in the 2nd quarter. Strs Ohio now owns 34,300 shares of the textile maker’s stock valued at $952,000 after buying an additional 1,000 shares during the period. Finally, Great West Life Assurance Co. Can boosted its stake in shares of Caleres by 4.0% in the 2nd quarter. Great West Life Assurance Co. Can now owns 61,879 shares of the textile maker’s stock valued at $1,717,000 after buying an additional 2,400 shares during the period. Institutional investors and hedge funds own 86.57% of the company’s stock.
TRADEMARK VIOLATION WARNING: This report was originally published by Community Financial News and is owned by of Community Financial News. If you are viewing this report on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The original version of this report can be accessed at https://www.com-unik.info/2017/12/03/diane-m-sullivan-sells-26100-shares-of-caleres-inc-cal-stock.html.
Caleres Company Profile
Caleres, Inc is a global footwear retailer and wholesaler. The Company is engaged in the operation of retail shoe stores and e-commerce Websites, as well as the design, sourcing and marketing of footwear for women and men. The Company operates through two segments: Famous Footwear and Brand Portfolio.
What are top analysts saying about Caleres Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Caleres Inc. and related companies.