The Children’s Place Retail Stores Inc. (NASDAQ:PLCE) declared a quarterly dividend on Thursday, November 17th. Investors of record on Saturday, December 17th will be paid a dividend of 0.20 per share on Thursday, January 5th. This represents a $0.80 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date is Wednesday, December 14th.

The Children’s Place Retail Stores (NASDAQ:PLCE) opened at 99.20 on Friday. The company’s 50-day moving average price is $77.46 and its 200-day moving average price is $78.28. The Children’s Place Retail Stores has a one year low of $47.96 and a one year high of $99.50. The stock has a market capitalization of $1.82 billion, a PE ratio of 24.59 and a beta of 0.16.

The Children’s Place Retail Stores (NASDAQ:PLCE) last posted its earnings results on Thursday, November 17th. The company reported $2.29 EPS for the quarter, topping the Zacks’ consensus estimate of $2.01 by $0.28. The company had revenue of $473.80 million for the quarter, compared to the consensus estimate of $461.98 million. The Children’s Place Retail Stores had a return on equity of 17.14% and a net margin of 4.58%. The Children’s Place Retail Stores’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.93 earnings per share. Equities research analysts predict that The Children’s Place Retail Stores will post $4.69 EPS for the current year.

Dividend History for The Children`s Place Retail Stores (NASDAQ:PLCE)

A number of analysts have commented on PLCE shares. Zacks Investment Research upgraded The Children’s Place Retail Stores from a “hold” rating to a “strong-buy” rating and set a $96.00 target price on the stock in a research report on Saturday, July 30th. Mizuho boosted their price target on The Children’s Place Retail Stores from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, August 17th. FBR & Co cut their price target on The Children’s Place Retail Stores from $100.00 to $85.00 and set an “outperform” rating for the company in a report on Thursday, August 18th. Telsey Advisory Group boosted their price target on The Children’s Place Retail Stores from $83.00 to $93.00 and gave the stock a “market perform” rating in a report on Thursday, August 18th. Finally, Citigroup Inc. boosted their price target on The Children’s Place Retail Stores from $80.00 to $92.00 and gave the stock a “neutral” rating in a report on Thursday, August 18th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $86.80.

In other news, insider Anurup Pruthi sold 601 shares of the company’s stock in a transaction dated Monday, September 19th. The stock was sold at an average price of $84.01, for a total value of $50,490.01. Following the completion of the sale, the insider now owns 13,925 shares of the company’s stock, valued at $1,169,839.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Michael Scarpa sold 15,463 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief operating officer now directly owns 64,122 shares of the company’s stock, valued at approximately $5,481,789.78. The disclosure for this sale can be found here. 1.93% of the stock is owned by insiders.

Several large investors have recently modified their holdings of the company. Bridgeway Capital Management Inc. increased its stake in shares of The Children’s Place Retail Stores by 88.2% in the second quarter. Bridgeway Capital Management Inc. now owns 71,700 shares of the company’s stock valued at $5,749,000 after buying an additional 33,600 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of The Children’s Place Retail Stores during the second quarter valued at $5,565,000. Menta Capital LLC increased its stake in shares of The Children’s Place Retail Stores by 11.9% in the second quarter. Menta Capital LLC now owns 13,393 shares of the company’s stock valued at $1,074,000 after buying an additional 1,425 shares during the last quarter. Paradigm Asset Management Co. LLC bought a new stake in shares of The Children’s Place Retail Stores during the second quarter valued at $649,000. Finally, Allianz Asset Management AG increased its stake in shares of The Children’s Place Retail Stores by 792.5% in the second quarter. Allianz Asset Management AG now owns 22,938 shares of the company’s stock valued at $1,839,000 after buying an additional 20,368 shares during the last quarter.

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

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