The Children’s Place Retail Stores Inc. (NASDAQ:PLCE) has received a consensus recommendation of “Buy” from the eighteen analysts that are currently covering the firm. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, eight have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $90.15.

A number of analysts recently issued reports on the company. BMO Capital Markets reissued a “hold” rating on shares of The Children’s Place Retail Stores in a report on Saturday. Wolfe Research raised their price target on The Children’s Place Retail Stores from $98.00 to $107.00 and gave the company an “outperform” rating in a report on Friday. Telsey Advisory Group raised their price target on The Children’s Place Retail Stores from $93.00 to $100.00 and gave the company a “market perform” rating in a report on Friday. Mizuho raised their price target on The Children’s Place Retail Stores from $95.00 to $105.00 and gave the company a “buy” rating in a report on Thursday. Finally, Citigroup Inc. raised their price target on The Children’s Place Retail Stores from $80.00 to $92.00 and gave the company a “neutral” rating in a report on Thursday, August 18th.

The Children’s Place Retail Stores (NASDAQ:PLCE) opened at 99.45 on Friday. The Children’s Place Retail Stores has a 52-week low of $47.96 and a 52-week high of $101.50. The firm’s 50-day moving average is $77.40 and its 200-day moving average is $78.28. The firm has a market capitalization of $1.83 billion, a P/E ratio of 24.65 and a beta of 0.16.

The Children’s Place Retail Stores (NASDAQ:PLCE) last issued its quarterly earnings results on Thursday, November 17th. The company reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.28. The Children’s Place Retail Stores had a return on equity of 18.08% and a net margin of 4.86%. The firm had revenue of $473.80 million for the quarter, compared to analysts’ expectations of $461.98 million. During the same quarter in the prior year, the firm earned $1.93 EPS. The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. On average, equities analysts expect that The Children’s Place Retail Stores will post $4.96 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 5th. Stockholders of record on Saturday, December 17th will be given a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, December 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.80%. The Children’s Place Retail Stores’s dividend payout ratio is currently 17.98%.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its position in 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 worth $145,000 after buying an additional 672 shares during the last quarter. UBS Asset Management Americas Inc. boosted its position in The Children’s Place Retail Stores by 1,159.6% in the first quarter. UBS Asset Management Americas Inc. now owns 113,351 shares of the company’s stock worth $9,462,000 after buying an additional 104,352 shares during the last quarter. Geode Capital Management LLC boosted its position in The Children’s Place Retail Stores by 18.2% in the first quarter. Geode Capital Management LLC now owns 157,515 shares of the company’s stock worth $13,147,000 after buying an additional 24,220 shares during the last quarter. Nuveen Asset Management LLC boosted its position in The Children’s Place Retail Stores by 33.5% in the first quarter. Nuveen Asset Management LLC now owns 52,184 shares of the company’s stock worth $4,356,000 after buying an additional 13,088 shares during the last quarter. Finally, A.R.T. Advisors LLC boosted its position in The Children’s Place Retail Stores by 21.6% in the first quarter. A.R.T. Advisors LLC now owns 34,894 shares of the company’s stock worth $2,912,000 after buying an additional 6,200 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.

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