LS Investment Advisors LLC decreased its position in Childrens Place Inc (NASDAQ:PLCE) by 66.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 501 shares of the company’s stock after selling 989 shares during the quarter. LS Investment Advisors LLC’s holdings in Childrens Place were worth $31,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of PLCE. Squarepoint Ops LLC lifted its position in Childrens Place by 483.1% during the 3rd quarter. Squarepoint Ops LLC now owns 139,908 shares of the company’s stock worth $10,772,000 after buying an additional 115,914 shares in the last quarter. Man Group plc acquired a new position in Childrens Place during the 3rd quarter worth about $4,340,000. Public Employees Retirement System of Ohio lifted its position in Childrens Place by 39.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 34,312 shares of the company’s stock worth $2,642,000 after buying an additional 9,675 shares in the last quarter. Maverick Capital Ltd. lifted its position in Childrens Place by 19.1% during the 3rd quarter. Maverick Capital Ltd. now owns 124,153 shares of the company’s stock worth $9,559,000 after buying an additional 19,933 shares in the last quarter. Finally, Cerebellum GP LLC lifted its position in Childrens Place by 15.1% during the 4th quarter. Cerebellum GP LLC now owns 6,514 shares of the company’s stock worth $407,000 after buying an additional 854 shares in the last quarter.

Childrens Place stock opened at $69.83 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.19 and a debt-to-equity ratio of 1.30. Childrens Place Inc has a 1 year low of $53.62 and a 1 year high of $116.84. The company has a market cap of $994.73 million, a PE ratio of 17.95, a PEG ratio of 1.29 and a beta of 0.72. The company’s 50-day moving average is $64.22 and its two-hundred day moving average is $74.78.

Childrens Place (NASDAQ:PLCE) last released its earnings results on Wednesday, December 11th. The company reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.01. Childrens Place had a net margin of 3.23% and a return on equity of 26.84%. The company had revenue of $524.80 million for the quarter, compared to the consensus estimate of $534.09 million. During the same period in the prior year, the company posted $3.07 EPS. The company’s revenue was up .4% compared to the same quarter last year. Research analysts forecast that Childrens Place Inc will post 5.12 EPS for the current year.

In other Childrens Place news, Director John E. Bachman bought 2,800 shares of the business’s stock in a transaction on Monday, December 16th. The shares were bought at an average cost of $55.80 per share, for a total transaction of $156,240.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Norman S. Matthews bought 10,000 shares of the business’s stock in a transaction on Monday, December 16th. The shares were acquired at an average price of $57.69 per share, for a total transaction of $576,900.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 35,900 shares of company stock worth $2,020,014. Corporate insiders own 3.10% of the company’s stock.

Several research analysts recently issued reports on the stock. Telsey Advisory Group reduced their price target on shares of Childrens Place from $105.00 to $70.00 and set an “outperform” rating on the stock in a research report on Thursday, December 12th. Wedbush downgraded shares of Childrens Place from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $130.00 to $60.00 in a research report on Wednesday, December 11th. BidaskClub upgraded shares of Childrens Place from a “sell” rating to a “hold” rating in a research report on Thursday, January 30th. Bank of America downgraded shares of Childrens Place from a “neutral” rating to an “underperform” rating and set a $45.00 price target on the stock. in a research report on Thursday, December 12th. Finally, B. Riley upgraded shares of Childrens Place to a “buy” rating and set a $59.00 price target on the stock in a research report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $79.23.

About Childrens Place

The Children's Place, Inc operates as a children's specialty apparel retailer. The company operates through two segments, The Children's Place U.S. and The Children's Place International. It sells apparel, footwear, accessories, and other items for children; and designs, contracts to manufacture, and sells merchandise under the proprietary The Children's Place, Place, and Baby Place brand names.

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

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