Public Employees Retirement Association of Colorado raised its stake in The Children’s Place Retail Stores Inc. (NASDAQ:PLCE) by 14.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 161,100 shares of the company’s stock after buying an additional 20,100 shares during the period. Public Employees Retirement Association of Colorado owned about 0.85% of The Children’s Place Retail Stores worth $12,917,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Los Angeles Capital Management & Equity Research Inc. increased its position in shares of The Children’s Place Retail Stores by 6.7% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 5,325 shares of the company’s stock valued at $444,000 after buying an additional 335 shares in the last quarter. BlackRock Inc. increased its position in shares of The Children’s Place Retail Stores by 62.9% in the first quarter. BlackRock Inc. now owns 1,740 shares of the company’s stock valued at $145,000 after buying an additional 672 shares in the last quarter. Aperio Group LLC increased its position in shares of The Children’s Place Retail Stores by 17.0% in the first quarter. Aperio Group LLC now owns 5,504 shares of the company’s stock valued at $459,000 after buying an additional 800 shares in the last quarter. Meeder Asset Management Inc. increased its position in shares of The Children’s Place Retail Stores by 9.2% in the second quarter. Meeder Asset Management Inc. now owns 13,371 shares of the company’s stock valued at $1,071,000 after buying an additional 1,122 shares in the last quarter. Finally, Hancock Holding Co. increased its position in shares of The Children’s Place Retail Stores by 12.3% in the first quarter. Hancock Holding Co. now owns 12,014 shares of the company’s stock valued at $1,003,000 after buying an additional 1,318 shares in the last quarter.

Institutional Ownership by Quarter for The Children`s Place Retail Stores (NASDAQ:PLCE)

The Children’s Place Retail Stores Inc. (NASDAQ:PLCE) traded down 2.27% during trading on Thursday, reaching $75.40. The company’s stock had a trading volume of 335,611 shares. The Children’s Place Retail Stores Inc. has a 1-year low of $46.74 and a 1-year high of $90.00. The stock has a market cap of $1.38 billion, a P/E ratio of 18.69 and a beta of 0.10. The company’s 50 day moving average price is $80.73 and its 200-day moving average price is $78.83.

The Children’s Place Retail Stores (NASDAQ:PLCE) last released its quarterly earnings data on Wednesday, August 17th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.23) by $0.22. The Children’s Place Retail Stores had a return on equity of 17.14% and a net margin of 4.58%. The company earned $371.40 million during the quarter, compared to analysts’ expectations of $367.51 million. During the same period last year, the firm posted ($0.33) earnings per share. The business’s revenue was up 1.3% on a year-over-year basis. Equities analysts forecast that The Children’s Place Retail Stores Inc. will post $4.69 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, October 6th. Stockholders of record on Friday, September 16th were paid a dividend of $0.20 per share. The ex-dividend date was Wednesday, September 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.04%. The Children’s Place Retail Stores’s dividend payout ratio (DPR) is currently 20.15%.

A number of research firms have recently issued reports on PLCE. Zacks Investment Research upgraded The Children’s Place Retail Stores from a “hold” rating to a “strong-buy” rating and set a $96.00 price objective on the stock in a research report on Saturday, July 30th. FBR & Co lowered their price objective on The Children’s Place Retail Stores from $100.00 to $85.00 and set an “outperform” rating on the stock in a research report on Thursday, August 18th. Mizuho boosted their price objective on The Children’s Place Retail Stores from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, August 17th. Citigroup Inc. boosted their price objective on The Children’s Place Retail Stores from $80.00 to $92.00 and gave the company a “neutral” rating in a research report on Thursday, August 18th. Finally, Telsey Advisory Group boosted their price objective on The Children’s Place Retail Stores from $83.00 to $93.00 and gave the company a “market perform” rating in a research report on Thursday, August 18th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $83.07.

In other news, insider Anurup Pruthi sold 601 shares of the stock in a transaction that occurred on Monday, September 19th. The stock was sold at an average price of $84.01, for a total transaction of $50,490.01. Following the transaction, the insider now owns 13,925 shares in the company, valued at $1,169,839.25. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Michael Scarpa sold 15,463 shares of the stock in a transaction that occurred on Tuesday, August 23rd. The stock was sold at an average price of $85.49, for a total value of $1,321,931.87. Following the transaction, the chief operating officer now owns 64,122 shares in the company, valued at approximately $5,481,789.78. The disclosure for this sale can be found here. Insiders own 1.93% of the company’s stock.

About The Children’s Place Retail Stores

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.

5 Day Chart for NASDAQ:PLCE

Receive News & Stock Ratings for The Children's Place Retail Stores Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Children's Place Retail Stores Inc. and related stocks with our FREE daily email newsletter.