Trexquant Investment LP purchased a new position in shares of Children’s Place, Inc. (The) (NASDAQ:PLCE) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 5,400 shares of the company’s stock, valued at approximately $551,000.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. boosted its position in Children’s Place, Inc. (The) by 19,592.4% in the first quarter. BlackRock Inc. now owns 2,432,404 shares of the company’s stock worth $292,011,000 after buying an additional 2,420,052 shares during the period. Columbus Circle Investors purchased a new position in Children’s Place, Inc. (The) during the first quarter worth $29,558,000. Renaissance Technologies LLC boosted its position in Children’s Place, Inc. (The) by 41.6% in the first quarter. Renaissance Technologies LLC now owns 720,060 shares of the company’s stock worth $86,443,000 after buying an additional 211,700 shares during the period. Acadian Asset Management LLC boosted its position in Children’s Place, Inc. (The) by 42.1% in the first quarter. Acadian Asset Management LLC now owns 496,517 shares of the company’s stock worth $59,608,000 after buying an additional 147,100 shares during the period. Finally, Systematic Financial Management LP boosted its position in Children’s Place, Inc. (The) by 541.3% in the first quarter. Systematic Financial Management LP now owns 105,958 shares of the company’s stock worth $12,720,000 after buying an additional 89,435 shares during the period.

Children’s Place, Inc. (NASDAQ:PLCE) opened at 105.80 on Friday. The company has a market capitalization of $1.87 billion, a PE ratio of 15.13 and a beta of 0.33. The stock has a 50 day moving average of $105.63 and a 200-day moving average of $108.00. Children’s Place, Inc. has a 12-month low of $70.90 and a 12-month high of $125.30.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last issued its quarterly earnings data on Wednesday, August 9th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. The firm 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 company’s quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the company earned ($0.01) EPS. Equities analysts expect that Children’s Place, Inc. will post $7.31 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 3rd. Investors of record on Tuesday, September 12th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend is Monday, September 11th. Children’s Place, Inc. (The)’s payout ratio is 22.92%.

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A number of research analysts have weighed in on the stock. BMO Capital Markets set a $112.00 price objective on shares of Children’s Place, Inc. (The) and gave the company a “hold” rating in a research report on Tuesday, August 8th. BidaskClub upgraded shares of Children’s Place, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Bank of America Corporation set a $140.00 price objective on shares of Children’s Place, Inc. (The) and gave the company a “buy” rating in a research report on Tuesday, June 13th. ValuEngine upgraded shares of Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Friday, May 19th. Finally, FBR & Co set a $127.00 price objective on shares of Children’s Place, Inc. (The) and gave the company a “buy” rating in a research report on Thursday, May 18th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $125.00.

In other Children’s Place, Inc. (The) news, insider Michael Scarpa sold 37,231 shares of Children’s Place, Inc. (The) stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $108.08, for a total value of $4,023,926.48. Following the completion of the transaction, the insider now directly owns 59,084 shares of the company’s stock, valued at approximately $6,385,798.72. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Kevin Low sold 14,517 shares of Children’s Place, Inc. (The) stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $109.04, for a total value of $1,582,933.68. Following the completion of the transaction, the senior vice president now directly owns 33,565 shares of the company’s stock, valued at $3,659,927.60. The disclosure for this sale can be found here. 2.60% of the stock is currently owned by company insiders.

Children’s Place, Inc. (The) Company 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 Children`s Place, Inc. (The) (NASDAQ:PLCE)

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