The Children’s Place Retail Stores Inc. (NASDAQ:PLCE) Chairman Norman S. Matthews sold 40,995 shares of The Children’s Place Retail Stores stock in a transaction on Monday, November 21st. The shares were sold at an average price of $100.00, for a total transaction of $4,099,500.00. Following the completion of the sale, the chairman now directly owns 49,706 shares of the company’s stock, valued at $4,970,600. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

The Children’s Place Retail Stores Inc. (NASDAQ:PLCE) remained flat at $105.15 on Thursday. 453,308 shares of the stock were exchanged. The stock has a 50-day moving average price of $80.13 and a 200 day moving average price of $79.13. The Children’s Place Retail Stores Inc. has a 52 week low of $47.96 and a 52 week high of $106.35. The stock has a market capitalization of $1.93 billion, a P/E ratio of 23.83 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 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.01 by $0.28. The company earned $473.80 million during the quarter, compared to analyst estimates of $461.98 million. The Children’s Place Retail Stores had a net margin of 4.86% and a return on equity of 18.24%. The Children’s Place Retail Stores’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period last year, the business earned $1.93 EPS. On average, equities analysts anticipate that The Children’s Place Retail Stores Inc. will post $5.08 earnings per share for the current year.

Insider Buying and Selling by Quarter for The Children`s Place Retail Stores (NASDAQ:PLCE)

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 5th. Investors of record on Saturday, December 17th will be paid a $0.20 dividend. The ex-dividend date is Wednesday, December 14th. This represents a $0.80 annualized dividend and a dividend yield of 0.76%. The Children’s Place Retail Stores’s payout ratio is 17.98%.

Several equities research analysts have weighed in on PLCE shares. Bank of America Corp. raised shares of The Children’s Place Retail Stores from an “underperform” rating to a “buy” rating and set a $92.00 price target for the company in a research note on Monday, November 14th. Telsey Advisory Group lifted their price target on shares of The Children’s Place Retail Stores from $93.00 to $100.00 and gave the company a “market perform” rating in a research note on Friday, November 18th. Zacks Investment Research raised shares of The Children’s Place Retail Stores from a “hold” rating to a “strong-buy” rating and set a $96.00 target price for the company in a research report on Saturday, July 30th. Mizuho boosted their target price on shares of The Children’s Place Retail Stores from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, November 17th. Finally, Morgan Stanley reissued a “buy” rating on shares of The Children’s Place Retail Stores in a research report on Monday, August 22nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $89.07.

Several hedge funds and other institutional investors have recently modified their holdings of the company. FMR LLC raised its position in shares of The Children’s Place Retail Stores by 457.3% in the second quarter. FMR LLC now owns 1,189,835 shares of the company’s stock valued at $95,401,000 after buying an additional 976,325 shares during the last quarter. Vanguard Group Inc. raised its position in shares of The Children’s Place Retail Stores by 20.7% in the second quarter. Vanguard Group Inc. now owns 2,081,151 shares of the company’s stock valued at $166,866,000 after buying an additional 357,029 shares during the last quarter. Copper Rock Capital Partners LLC acquired a new position in shares of The Children’s Place Retail Stores during the second quarter valued at about $23,958,000. Robeco Institutional Asset Management B.V. acquired a new position in shares of The Children’s Place Retail Stores during the second quarter valued at about $21,307,000. Finally, Denver Investment Advisors LLC acquired a new position in shares of The Children’s Place Retail Stores during the second quarter valued at about $12,561,000.

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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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