UBS Oconnor LLC acquired a new position in shares of Children’s Place, Inc. (The) (NASDAQ:PLCE) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 16,000 shares of the company’s stock, valued at approximately $1,634,000. UBS Oconnor LLC owned approximately 0.09% of Children’s Place, Inc. (The) as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Strs Ohio boosted its holdings in shares of Children’s Place, Inc. (The) by 150.0% in the 1st quarter. Strs Ohio now owns 1,000 shares of the company’s stock valued at $120,000 after buying an additional 600 shares during the last quarter. State Board of Administration of Florida Retirement System increased its holdings in Children’s Place, Inc. (The) by 10.3% during the first quarter. State Board of Administration of Florida Retirement System now owns 10,634 shares of the company’s stock worth $1,277,000 after buying an additional 994 shares during the last quarter. First Trust Advisors LP increased its holdings in Children’s Place, Inc. (The) by 27.6% during the first quarter. First Trust Advisors LP now owns 24,356 shares of the company’s stock worth $2,924,000 after buying an additional 5,273 shares during the last quarter. Karp Capital Management Corp acquired a new position in Children’s Place, Inc. (The) during the first quarter worth $951,000. Finally, Parametric Portfolio Associates LLC increased its holdings in Children’s Place, Inc. (The) by 9.9% during the first quarter. Parametric Portfolio Associates LLC now owns 88,347 shares of the company’s stock worth $10,606,000 after buying an additional 7,925 shares during the last quarter.

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A number of brokerages have commented on PLCE. BidaskClub upgraded shares of Children’s Place, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 9th. BMO Capital Markets set a $112.00 price objective on shares of Children’s Place, Inc. (The) and gave the stock a “hold” rating in a research note on Tuesday, August 8th. FBR & Co reaffirmed a “buy” rating and issued a $127.00 target price on shares of Children’s Place, Inc. (The) in a report on Monday. Bank of America Corporation set a $140.00 target price on shares of Children’s Place, Inc. (The) and gave the company a “buy” rating in a report on Tuesday, June 13th. Finally, Telsey Advisory Group upgraded Children’s Place, Inc. (The) from a “market perform” rating to an “outperform” rating and set a $135.00 price target for the company in a report on Monday, June 26th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Children’s Place, Inc. (The) currently has a consensus rating of “Buy” and an average target price of $128.36.

Children’s Place, Inc. (PLCE) traded down 0.81% during trading on Tuesday, hitting $117.05. 15,825 shares of the company traded hands. Children’s Place, Inc. has a 12-month low of $70.90 and a 12-month high of $125.30. The company has a market capitalization of $2.06 billion, a P/E ratio of 16.74 and a beta of 0.32. The stock has a 50 day moving average price of $108.62 and a 200 day moving average price of $109.52.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last released 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. The business had revenue of $373.60 million during the quarter, compared to the consensus estimate of $376.53 million. Children’s Place, Inc. (The) had a return on equity of 26.01% and a net margin of 7.14%. The business’s revenue for the quarter was up .6% on a year-over-year basis. During the same period last year, the business posted ($0.01) earnings per share. On average, equities analysts anticipate that Children’s Place, Inc. will post $7.35 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 3rd. Stockholders of record on Tuesday, September 12th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, September 11th. This represents a $1.60 annualized dividend and a dividend yield of 1.36%. Children’s Place, Inc. (The)’s payout ratio is 22.92%.

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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