Robeco Institutional Asset Management B.V. boosted its stake in The Children’s Place Retail Stores Inc. (NASDAQ:PLCE) by 15.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 306,162 shares of the company’s stock after buying an additional 40,426 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 1.67% of The Children’s Place Retail Stores worth $24,453,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of PLCE. FNY Managed Accounts LLC bought a new position in The Children’s Place Retail Stores during the third quarter valued at $104,000. Quantbot Technologies LP bought a new position in The Children’s Place Retail Stores during the third quarter valued at $104,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in The Children’s Place Retail Stores by 187.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,454 shares of the company’s stock valued at $117,000 after buying an additional 949 shares during the last quarter. Orinda Asset Management LLC bought a new position in The Children’s Place Retail Stores during the third quarter valued at $136,000. Finally, Advisors Asset Management Inc. raised its position in The Children’s Place Retail Stores by 170.6% in the third quarter. Advisors Asset Management Inc. now owns 1,875 shares of the company’s stock valued at $150,000 after buying an additional 1,182 shares during the last quarter.

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

Shares of The Children’s Place Retail Stores Inc. (NASDAQ:PLCE) traded up 1.64% on Tuesday, reaching $105.45. 134,862 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $81.77 and a 200 day moving average price of $79.77. The Children’s Place Retail Stores Inc. has a one year low of $48.10 and a one year high of $106.55. The firm has a market cap of $1.90 billion, a PE ratio of 23.90 and a beta of 0.16.

The Children’s Place Retail Stores (NASDAQ:PLCE) last posted its quarterly earnings results on Thursday, November 17th. The company reported $2.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.28. The Children’s Place Retail Stores had a return on equity of 18.24% and a net margin of 4.86%. The business had revenue of $473.80 million for the quarter, compared to the consensus estimate of $461.98 million. During the same quarter in the prior year, the company earned $1.93 EPS. The business’s revenue was up 3.9% compared to the same quarter last year. Analysts expect that The Children’s Place Retail Stores Inc. will post $5.08 EPS for the current fiscal year.

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

COPYRIGHT VIOLATION NOTICE: “The Children’s Place Retail Stores Inc. (PLCE) Stake Increased by Robeco Institutional Asset Management B.V.” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another publication, it was copied illegally and republished in violation of U.S. & international copyright law. The correct version of this story can be read at https://www.thecerbatgem.com/2016/11/29/the-childrens-place-retail-stores-inc-plce-stake-increased-by-robeco-institutional-asset-management-b-v.html.

Several equities research analysts have commented on the stock. Wolfe Research upped their price objective on shares of The Children’s Place Retail Stores from $98.00 to $107.00 and gave the company an “outperform” rating in a report on Friday, November 18th. Morgan Stanley reaffirmed a “buy” rating on shares of The Children’s Place Retail Stores in a report on Monday, August 22nd. Telsey Advisory Group upped their price objective 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 report on Friday, November 18th. Citigroup Inc. upped their price objective on shares of 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. Finally, Mizuho upped their price objective on shares of The Children’s Place Retail Stores from $95.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, November 17th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. The Children’s Place Retail Stores currently has an average rating of “Buy” and a consensus target price of $89.07.

In related news, insider Anurup Pruthi sold 601 shares of the company’s stock in a transaction 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 completion of 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Norman S. Matthews sold 40,995 shares of the company’s stock in a transaction on Monday, November 21st. The stock was sold at an average price of $100.00, for a total value of $4,099,500.00. Following the sale, the chairman now owns 49,706 shares of the company’s stock, valued at $4,970,600. The disclosure for this sale can be found here. Insiders own 1.93% of the company’s stock.

The Children’s Place Retail Stores Company 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.

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.