Renaissance Technologies LLC cut its stake in shares of Children’s Place, Inc. (The) (NASDAQ:PLCE) by 53.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 333,960 shares of the company’s stock after selling 386,100 shares during the quarter. Renaissance Technologies LLC owned 1.89% of Children’s Place, Inc. (The) worth $34,097,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Strs Ohio grew its holdings in shares of Children’s Place, Inc. (The) by 150.0% during the 1st quarter. Strs Ohio now owns 1,000 shares of the company’s stock valued at $120,000 after purchasing an additional 600 shares during the last quarter. Riverhead Capital Management LLC grew its holdings in shares of Children’s Place, Inc. (The) by 80.7% during 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 during the last quarter. Ameritas Investment Partners Inc. bought a new stake in shares of Children’s Place, Inc. (The) during the 1st quarter valued at approximately $194,000. Meeder Asset Management Inc. bought a new stake in shares of Children’s Place, Inc. (The) during the 2nd quarter valued at approximately $182,000. Finally, Massachusetts Financial Services Co. MA bought a new stake in shares of Children’s Place, Inc. (The) during the 1st quarter valued at approximately $225,000.

PLCE has been the topic of several research reports. BMO Capital Markets set a $112.00 price target on shares of Children’s Place, Inc. (The) and gave the company a “hold” rating in a report on Tuesday, August 8th. BidaskClub raised shares of Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a report on Saturday, July 8th. FBR & Co reissued a “buy” rating and set a $127.00 target price on shares of Children’s Place, Inc. (The) in a report on Monday. Telsey Advisory Group raised shares of Children’s Place, Inc. (The) from a “market perform” rating to an “outperform” rating and set a $135.00 target price on the stock in a report on Monday, June 26th. Finally, Bank of America Corporation set a $140.00 target price on shares of Children’s Place, Inc. (The) and gave the stock a “buy” rating in a report on Tuesday, June 13th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $128.36.

COPYRIGHT VIOLATION WARNING: “Renaissance Technologies LLC Decreases Position in Children’s Place, Inc. (The) (PLCE)” was originally posted by Watch List News and is the property of of Watch List News. If you are reading this article on another domain, it was illegally copied and republished in violation of United States and international copyright law. The legal version of this article can be accessed at https://www.watchlistnews.com/renaissance-technologies-llc-decreases-position-in-childrens-place-inc-the-plce/1609852.html.

Shares of Children’s Place, Inc. (PLCE) opened at 115.95 on Thursday. The firm’s 50-day moving average is $109.49 and its 200-day moving average is $109.56. 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 $2.05 billion, a price-to-earnings ratio of 16.58 and a beta of 0.32.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last issued its quarterly earnings results on Wednesday, August 9th. The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.11. Children’s Place, Inc. (The) had a net margin of 7.14% and a return on equity of 26.01%. The business had revenue of $373.60 million for the quarter, compared to analysts’ expectations of $376.53 million. During the same period last year, the business earned ($0.01) earnings per share. The business’s quarterly revenue was up .6% on a year-over-year basis. On average, equities analysts predict that Children’s Place, Inc. will post $7.35 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 3rd. Stockholders of record on Tuesday, September 12th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.38%. The ex-dividend date was Monday, September 11th. Children’s Place, Inc. (The)’s dividend payout ratio is 22.92%.

Children’s Place, Inc. (The) 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.