Stifel Financial Corp increased its stake in shares of Children’s Place, Inc. (The) (NASDAQ:PLCE) by 42.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,929 shares of the company’s stock after buying an additional 11,056 shares during the quarter. Stifel Financial Corp owned about 0.21% of Children’s Place, Inc. (The) worth $3,773,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Zacks Investment Management grew its stake in Children’s Place, Inc. (The) by 2.0% during the 2nd quarter. Zacks Investment Management now owns 2,429 shares of the company’s stock worth $248,000 after buying an additional 48 shares during the last quarter. Voya Investment Management LLC grew its stake in Children’s Place, Inc. (The) by 39.9% during the 2nd quarter. Voya Investment Management LLC now owns 551,468 shares of the company’s stock worth $56,305,000 after buying an additional 157,333 shares during the last quarter. Hancock Holding Co. grew its stake in Children’s Place, Inc. (The) by 0.6% during the 2nd quarter. Hancock Holding Co. now owns 22,871 shares of the company’s stock worth $2,335,000 after buying an additional 146 shares during the last quarter. Nordea Investment Management AB grew its stake in Children’s Place, Inc. (The) by 13.5% during the 2nd quarter. Nordea Investment Management AB now owns 18,391 shares of the company’s stock worth $1,878,000 after buying an additional 2,186 shares during the last quarter. Finally, Suntrust Banks Inc. grew its stake in Children’s Place, Inc. (The) by 2.2% during the 2nd quarter. Suntrust Banks Inc. now owns 3,621 shares of the company’s stock worth $369,000 after buying an additional 78 shares during the last quarter.

A number of research analysts recently commented on PLCE shares. BMO Capital Markets set a $112.00 price objective on Children’s Place, Inc. (The) and gave the stock a “hold” rating in a research note on Tuesday, August 8th. BidaskClub upgraded Children’s Place, Inc. (The) from a “hold” rating to a “buy” rating in a research note on Saturday, July 8th. FBR & Co reissued a “buy” rating and issued a $127.00 price target on shares of Children’s Place, Inc. (The) in a research note on Monday, October 2nd. Telsey Advisory Group raised Children’s Place, Inc. (The) from a “market perform” rating to an “outperform” rating and set a $135.00 price target for the company in a research note on Monday, June 26th. Finally, Bank of America Corporation set a $140.00 price target on Children’s Place, Inc. (The) and gave the stock a “buy” rating in a research note on Tuesday, June 13th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $128.36.

Children’s Place, Inc. (NASDAQ:PLCE) opened at 109.55 on Wednesday. The company’s 50-day moving average price is $110.89 and its 200 day moving average price is $109.39. Children’s Place, Inc. has a 52 week low of $70.90 and a 52 week high of $125.30. The company has a market cap of $1.93 billion, a PE ratio of 15.67 and a beta of 0.32.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last released its earnings results on Wednesday, August 9th. The company reported $0.86 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.11. Children’s Place, Inc. (The) had a return on equity of 26.01% and a net margin of 7.14%. The company had revenue of $373.60 million during the quarter, compared to analysts’ expectations of $376.53 million. During the same period last year, the firm earned ($0.01) EPS. The business’s revenue for the quarter was up .6% on a year-over-year basis. On average, analysts anticipate that Children’s Place, Inc. will post $7.35 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 3rd. Investors of record on Tuesday, September 12th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, September 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.46%. Children’s Place, Inc. (The)’s dividend payout ratio (DPR) is presently 22.92%.

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Children’s Place, Inc. (The) 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.

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

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