Sei Investments Co. grew its holdings in shares of Children’s Place, Inc. (The) (NASDAQ:PLCE) by 15.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,382 shares of the company’s stock after purchasing an additional 6,776 shares during the period. Sei Investments Co. owned about 0.29% of Children’s Place, Inc. (The) worth $5,953,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of PLCE. Aperio Group LLC increased its stake in Children’s Place, Inc. (The) by 10.9% during the second quarter. Aperio Group LLC now owns 8,791 shares of the company’s stock worth $898,000 after purchasing an additional 867 shares during the period. Russell Investments Group Ltd. increased its stake in Children’s Place, Inc. (The) by 7.4% during the second quarter. Russell Investments Group Ltd. now owns 226,718 shares of the company’s stock worth $23,149,000 after purchasing an additional 15,705 shares during the period. Acadian Asset Management LLC increased its stake in Children’s Place, Inc. (The) by 9.3% during the second quarter. Acadian Asset Management LLC now owns 542,845 shares of the company’s stock worth $55,424,000 after purchasing an additional 46,328 shares during the period. Bowling Portfolio Management LLC increased its stake in Children’s Place, Inc. (The) by 61.9% during the second quarter. Bowling Portfolio Management LLC now owns 12,586 shares of the company’s stock worth $1,285,000 after purchasing an additional 4,813 shares during the period. Finally, Great West Life Assurance Co. Can increased its stake in Children’s Place, Inc. (The) by 1.6% during the second quarter. Great West Life Assurance Co. Can now owns 26,024 shares of the company’s stock worth $2,655,000 after purchasing an additional 419 shares during the period.

A number of analysts have issued reports on PLCE shares. Buckingham Research boosted their price target on shares of Children’s Place, Inc. (The) from $139.00 to $144.00 and gave the stock a “buy” rating in a research note on Thursday, November 16th. B. Riley reiterated a “buy” rating on shares of Children’s Place, Inc. (The) in a research note on Wednesday, November 1st. FBR & Co reiterated a “buy” rating and set a $127.00 price target on shares of Children’s Place, Inc. (The) in a research note on Monday, October 2nd. BidaskClub upgraded shares of Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Finally, ValuEngine upgraded shares of Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a research note on Wednesday, November 15th. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $131.67.

Shares of Children’s Place, Inc. (NASDAQ:PLCE) opened at $126.25 on Friday. Children’s Place, Inc. has a one year low of $92.95 and a one year high of $130.95. The firm has a market cap of $2,174.44, a P/E ratio of 17.19, a P/E/G ratio of 1.84 and a beta of 0.27.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last released its earnings results on Wednesday, November 15th. The company reported $2.58 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.46 by $0.12. Children’s Place, Inc. (The) had a net margin of 7.07% and a return on equity of 26.58%. The firm had revenue of $490.00 million for the quarter, compared to analyst estimates of $480.28 million. During the same period in the prior year, the firm earned $2.29 earnings per share. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. analysts forecast that Children’s Place, Inc. will post 7.54 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 3rd. Investors of record on Wednesday, December 13th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.27%. Children’s Place, Inc. (The)’s payout ratio is 22.66%.

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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)

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