2 weeks Ago By Defense World Staff
Rhumbline Advisers trimmed its stake in The Children’s Place, Inc. ( NASDAQ:PLCE – Free Report ) by 69.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The institutional investor owned 5,940 shares of the company’s stock after selling 13,663 shares during the quarter. Rhumbline Advisers’ holdings in Children’s Place were worth $48,000 at the end of the most recent reporting period. Other hedge funds have also recently bought and sold shares of the company.
Virtu Financial LLC boosted its holdings in shares of Children’s Place by 8.5% in the 4th quarter. Virtu Financial LLC now owns 8,793 shares of the company’s stock valued at $204,000 after buying an additional 692 shares during the last quarter.
ARS Investment Partners LLC acquired a new stake in Children’s Place in the second quarter valued at $247,000. SG Americas Securities LLC grew its position in shares of Children’s Place by 344.1% in the 1st quarter.
SG Americas Securities LLC now owns 26,139 shares of the company’s stock valued at $302,000 after acquiring an additional 20,253 shares during the period. Partnership Wealth Management LLC increased its stake in shares of Children’s Place by 80.3% during the 1st quarter.
Partnership Wealth Management LLC now owns 129,660 shares of the company’s stock worth $1,496,000 after purchasing an additional 57,740 shares during the last quarter. Finally, Mithaq Capital SPC bought a new stake in shares of Children’s Place in the 4th quarter valued at about $7,999,000. Children’s Place Stock Performance Shares of PLCE stock opened at $15.
48 on Tuesday. The Children’s Place, Inc. has a 52 week low of $4.
77 and a 52 week high of $38.03. The company has a market capitalization of $196.
91 million, a price-to-earnings ratio of -1.19 and a beta of 2.15.
The company has a 50-day simple moving average of $8.98 and a 200 day simple moving average of $9.41.
Analyst Upgrades and Downgrades A number of equities analysts recently commented on PLCE shares. StockNews.com cut Children’s Place from a “hold” rating to a “sell” rating in a report on Wednesday, August 21st.
UBS Group lifted their target price on Children’s Place from $12.00 to $18.00 and gave the stock a “neutral” rating in a research note on Thursday, September 19th.
One investment analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $16.00.
Read Our Latest Research Report on PLCE Children’s Place Company Profile ( Free Report ) The Children's Place, Inc operates as a children's specialty apparel retailer in North America. It operates through two segments, The Children's Place U.S.
and The Children's Place International. The company offers apparel, footwear, accessories, and other items for children and tweens; and designs, contracts to manufacture, and sells merchandise under the proprietary The Children's Place, Place, Baby Place, Gymboree, Sugar & Jade, and PJ Place brand names. Recommended Stories Five stocks we like better than Children’s Place Investing in Commodities: What Are They? How to Invest in Them TJX Stock: A Buying Opportunity Before the Holiday Rush Roth IRA Calculator: Calculate Your Potential Returns Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge What Are Dividend Achievers? An Introduction Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Want to see what other hedge funds are holding PLCE? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for The Children’s Place, Inc. ( NASDAQ:PLCE – Free Report ). Receive News & Ratings for Children's Place Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Children's Place and related companies with MarketBeat.
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