Mason Street Advisors LLC increased its position in shares of Children’s Place, Inc. (The) (NASDAQ:PLCE) by 7.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,218 shares of the company’s stock after buying an additional 277 shares during the period. Mason Street Advisors LLC’s holdings in Children’s Place, Inc. (The) were worth $506,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Tyers Asset Management LLC bought a new position in shares of Children’s Place, Inc. (The) during the fourth quarter worth approximately $131,000. Capstone Investment Advisors LLC bought a new position in shares of Children’s Place, Inc. (The) during the fourth quarter worth approximately $292,000. Flinton Capital Management LLC bought a new position in shares of Children’s Place, Inc. (The) during the fourth quarter worth approximately $167,000. Renaissance Technologies LLC raised its position in shares of Children’s Place, Inc. (The) by 374.8% in the fourth quarter. Renaissance Technologies LLC now owns 508,360 shares of the company’s stock worth $51,319,000 after buying an additional 401,300 shares in the last quarter. Finally, Pacad Investment Ltd. bought a new position in shares of Children’s Place, Inc. (The) during the fourth quarter worth approximately $353,000.

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

Shares of Children’s Place, Inc. (NASDAQ:PLCE) opened at 108.35 on Friday. The company has a 50-day moving average of $111.30 and a 200-day moving average of $107.77. Children’s Place, Inc. has a 1-year low of $70.90 and a 1-year high of $125.30. The company has a market cap of $1.91 billion, a PE ratio of 17.96 and a beta of 0.36.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last issued its quarterly earnings data on Thursday, May 18th. The company reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.31. Children’s Place, Inc. (The) had a net margin of 6.25% and a return on equity of 23.00%. The business had revenue of $436.70 million during the quarter, compared to analysts’ expectations of $422.51 million. During the same quarter in the previous year, the company earned $1.32 EPS. The business’s revenue was up 4.1% on a year-over-year basis. Equities analysts forecast that Children’s Place, Inc. will post $7.24 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 10th. Shareholders of record on Monday, June 19th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.48%. The ex-dividend date is Thursday, June 15th. Children’s Place, Inc. (The)’s dividend payout ratio (DPR) is 26.32%.

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A number of brokerages have recently commented on PLCE. Wolfe Research upped their price objective on shares of Children’s Place, Inc. (The) from $120.00 to $144.00 and gave the company an “outperform” rating in a research report on Thursday, March 9th. Oppenheimer Holdings, Inc. set a $105.00 price objective on shares of Children’s Place, Inc. (The) and gave the company a “hold” rating in a research report on Wednesday, March 8th. Telsey Advisory Group upped their price objective on shares of Children’s Place, Inc. (The) from $110.00 to $135.00 and gave the company a “market perform” rating in a research report on Thursday, March 9th. Citigroup Inc. reaffirmed a “neutral” rating and set a $122.00 price objective (up previously from $111.00) on shares of Children’s Place, Inc. (The) in a research report on Saturday, March 11th. Finally, Mizuho reaffirmed a “buy” rating and set a $140.00 price objective (up previously from $110.00) on shares of Children’s Place, Inc. (The) in a research report on Saturday, March 11th. Six equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $122.77.

In other Children’s Place, Inc. (The) news, insider Bradley P. Cost sold 7,304 shares of Children’s Place, Inc. (The) stock in a transaction dated Friday, March 24th. The shares were sold at an average price of $118.48, for a total value of $865,377.92. Following the completion of the sale, the insider now owns 40,149 shares in the company, valued at approximately $4,756,853.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael Scarpa sold 37,231 shares of Children’s Place, Inc. (The) stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $108.08, for a total transaction of $4,023,926.48. Following the completion of the sale, the insider now owns 59,084 shares of the company’s stock, valued at approximately $6,385,798.72. The disclosure for this sale can be found here. Insiders sold a total of 59,052 shares of company stock valued at $6,472,238 in the last quarter. Corporate insiders own 2.60% of the company’s stock.

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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