APG Asset Management N.V. acquired a new stake in shares of Children’s Place, Inc. (The) (NASDAQ:PLCE) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 91,400 shares of the company’s stock, valued at approximately $10,799,000. APG Asset Management N.V. owned approximately 0.52% of Children’s Place, Inc. (The) at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Riverhead Capital Management LLC raised its holdings in shares of Children’s Place, Inc. (The) by 80.7% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,265 shares of the company’s stock valued at $129,000 after purchasing an additional 565 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Children’s Place, Inc. (The) in the 2nd quarter valued at about $182,000. Flinton Capital Management LLC raised its holdings in shares of Children’s Place, Inc. (The) by 70.0% in the 2nd quarter. Flinton Capital Management LLC now owns 1,904 shares of the company’s stock valued at $194,000 after purchasing an additional 784 shares in the last quarter. Hanseatic Management Services Inc. raised its holdings in shares of Children’s Place, Inc. (The) by 0.7% in the 2nd quarter. Hanseatic Management Services Inc. now owns 2,085 shares of the company’s stock valued at $213,000 after purchasing an additional 14 shares in the last quarter. Finally, Zacks Investment Management raised its holdings in shares of Children’s Place, Inc. (The) by 2.0% in the 2nd quarter. Zacks Investment Management now owns 2,429 shares of the company’s stock valued at $248,000 after purchasing an additional 48 shares in the last quarter.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last issued its earnings results on Wednesday, August 9th. The company reported $0.86 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.11. The firm had revenue of $373.60 million for the quarter, compared to analysts’ expectations of $376.53 million. Children’s Place, Inc. (The) had a net margin of 7.14% and a return on equity of 26.01%. The firm’s revenue was up .6% compared to the same quarter last year. During the same quarter last year, the company earned ($0.01) earnings per share.

TRADEMARK VIOLATION NOTICE: This article was first posted by Watch List News and is the property of of Watch List News. If you are accessing this article on another site, it was illegally copied and reposted in violation of United States and international copyright legislation. The legal version of this article can be read at https://www.watchlistnews.com/91400-shares-in-childrens-place-inc-the-plce-purchased-by-apg-asset-management-n-v/1675251.html.

Several equities research analysts have recently commented on the stock. BMO Capital Markets restated a “hold” rating and issued a $112.00 price target on shares of Children’s Place, Inc. (The) in a report on Thursday. BidaskClub upgraded shares of Children’s Place, Inc. (The) from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 9th. Finally, FBR & Co restated a “buy” rating and issued a $127.00 price target on shares of Children’s Place, Inc. (The) in a report on Monday, October 2nd. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $128.36.

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.

Institutional Ownership by Quarter for Children`s Place, Inc. (The) (NASDAQ:PLCE)

Receive News & Ratings for Children's Place Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Children's Place Inc. (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.