First Trust Advisors LP decreased its stake in shares of Children’s Place, Inc. (The) (NASDAQ:PLCE) by 38.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,046 shares of the company’s stock after selling 9,310 shares during the period. First Trust Advisors LP owned about 0.09% of Children’s Place, Inc. (The) worth $1,536,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Arizona State Retirement System lifted its holdings in Children’s Place, Inc. (The) by 2.2% during the first quarter. Arizona State Retirement System now owns 9,444 shares of the company’s stock worth $1,134,000 after acquiring an additional 200 shares during the period. Mason Street Advisors LLC lifted its holdings in Children’s Place, Inc. (The) by 7.0% during the first quarter. Mason Street Advisors LLC now owns 4,218 shares of the company’s stock worth $506,000 after acquiring an additional 277 shares during the period. UBS Group AG lifted its holdings in Children’s Place, Inc. (The) by 0.5% during the first quarter. UBS Group AG now owns 66,693 shares of the company’s stock worth $8,006,000 after acquiring an additional 319 shares during the period. Cambria Investment Management L.P. lifted its holdings in Children’s Place, Inc. (The) by 2.0% during the first quarter. Cambria Investment Management L.P. now owns 18,437 shares of the company’s stock worth $2,213,000 after acquiring an additional 368 shares during the period. Finally, Great West Life Assurance Co. Can lifted its holdings in Children’s Place, Inc. (The) by 1.6% during the second quarter. Great West Life Assurance Co. Can now owns 26,024 shares of the company’s stock worth $2,655,000 after acquiring an additional 419 shares during the period.

Shares of Children’s Place, Inc. (NASDAQ PLCE) opened at 111.90 on Friday. Children’s Place, Inc. has a 1-year low of $70.90 and a 1-year high of $125.30. The stock has a market cap of $1.97 billion, a P/E ratio of 16.00 and a beta of 0.31. The company has a 50 day moving average price of $107.31 and a 200 day moving average price of $109.11.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last announced its earnings results on Wednesday, August 9th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. The company had revenue of $373.60 million during the quarter, compared to analysts’ expectations of $376.53 million. Children’s Place, Inc. (The) had a net margin of 7.14% and a return on equity of 26.01%. The firm’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.01) earnings per share. On average, equities analysts anticipate that Children’s Place, Inc. will post $7.35 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 3rd. Stockholders of record on Tuesday, September 12th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Monday, September 11th. Children’s Place, Inc. (The)’s dividend payout ratio is presently 22.92%.

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PLCE has been the topic of several research reports. BMO Capital Markets set a $112.00 price target on Children’s Place, Inc. (The) and gave the company a “hold” rating in a research report on Thursday, July 6th. ValuEngine upgraded Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Friday, May 19th. BidaskClub cut Children’s Place, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Friday, June 9th. Telsey Advisory Group upgraded Children’s Place, Inc. (The) from a “market perform” rating to an “outperform” rating and set a $135.00 target price for the company in a research report on Monday, June 26th. Finally, FBR & Co restated an “outperform” rating and set a $127.00 target price on shares of Children’s Place, Inc. (The) in a research report on Friday, June 9th. Five research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Children’s Place, Inc. (The) currently has an average rating of “Buy” and an average target price of $125.00.

Children’s Place, Inc. (The) 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.

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Institutional Ownership by Quarter for Children`s Place, Inc. (The) (NASDAQ:PLCE)

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