Cubist Systematic Strategies LLC purchased a new stake in shares of Childrens Place Inc (NASDAQ:PLCE) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,449 shares of the company’s stock, valued at approximately $171,000.

Other institutional investors also recently bought and sold shares of the company. Riverhead Capital Management LLC raised its stake in shares of Childrens Place by 80.7% during the second quarter. Riverhead Capital Management LLC now owns 1,265 shares of the company’s stock valued at $129,000 after acquiring an additional 565 shares in the last quarter. Advisor Group Inc. raised its stake in shares of Childrens Place by 169.9% during the third quarter. Advisor Group Inc. now owns 1,768 shares of the company’s stock valued at $209,000 after acquiring an additional 1,113 shares in the last quarter. Flinton Capital Management LLC raised its stake in shares of Childrens Place by 70.0% during the second quarter. Flinton Capital Management LLC now owns 1,904 shares of the company’s stock valued at $194,000 after acquiring an additional 784 shares in the last quarter. Csenge Advisory Group bought a new stake in shares of Childrens Place during the third quarter valued at approximately $231,000. Finally, Sapphire Star Partners LP bought a new stake in shares of Childrens Place during the third quarter valued at approximately $242,000.

Childrens Place Inc (PLCE) opened at $158.35 on Friday. Childrens Place Inc has a 1-year low of $92.95 and a 1-year high of $161.05. The stock has a market cap of $2,750.00, a price-to-earnings ratio of 22.46, a price-to-earnings-growth ratio of 2.19 and a beta of 0.31.

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

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 3rd. Shareholders of record on Wednesday, December 13th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend was Tuesday, December 12th. Childrens Place’s dividend payout ratio is currently 22.70%.

A number of equities analysts recently commented on the stock. Chardan Capital reissued a “buy” rating and issued a $156.00 price objective (up previously from $130.00) on shares of Childrens Place in a research note on Wednesday. SunTrust Banks boosted their price objective on shares of Childrens Place to $157.00 and gave the stock a “hold” rating in a research note on Tuesday. They noted that the move was a valuation call. Telsey Advisory Group boosted their price objective on shares of Childrens Place from $140.00 to $164.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 2nd. BMO Capital Markets set a $130.00 price objective on shares of Childrens Place and gave the stock a “hold” rating in a research note on Tuesday, December 19th. Finally, BidaskClub raised shares of Childrens Place from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, December 6th. Five analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $139.15.

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Childrens Place 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.

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Institutional Ownership by Quarter for Childrens Place (NASDAQ:PLCE)

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