Swiss National Bank Lowers Holdings in The Children’s Place, Inc. (NASDAQ:PLCE)

Swiss National Bank trimmed its holdings in The Children’s Place, Inc. (NASDAQ:PLCEFree Report) by 8.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,400 shares of the company’s stock after selling 2,300 shares during the period. Swiss National Bank owned about 0.19% of Children’s Place worth $543,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Children’s Place by 47.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,124 shares of the company’s stock worth $73,000 after purchasing an additional 999 shares during the last quarter. Headlands Technologies LLC increased its holdings in shares of Children’s Place by 26.6% in the fourth quarter. Headlands Technologies LLC now owns 3,584 shares of the company’s stock worth $83,000 after purchasing an additional 753 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Children’s Place in the fourth quarter worth about $137,000. Quantbot Technologies LP bought a new stake in shares of Children’s Place in the third quarter worth about $166,000. Finally, Public Employees Retirement System of Ohio increased its holdings in shares of Children’s Place by 1,004.3% in the third quarter. Public Employees Retirement System of Ohio now owns 6,946 shares of the company’s stock worth $188,000 after purchasing an additional 6,317 shares during the last quarter.

Children’s Place Trading Down 0.8 %

PLCE opened at $12.25 on Friday. The stock has a market cap of $155.45 million, a price-to-earnings ratio of -0.99 and a beta of 2.05. The stock’s 50 day moving average price is $9.90 and its 200-day moving average price is $16.89. The Children’s Place, Inc. has a one year low of $6.58 and a one year high of $38.03. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.15 and a current ratio of 0.73.

Children’s Place (NASDAQ:PLCEGet Free Report) last released its earnings results on Monday, May 6th. The company reported ($7.38) EPS for the quarter. The business had revenue of $455.03 million for the quarter. Children’s Place had a negative net margin of 9.64% and a negative return on equity of 128.82%. On average, equities analysts forecast that The Children’s Place, Inc. will post -0.56 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on PLCE. Monness Crespi & Hardt cut Children’s Place from a “buy” rating to a “neutral” rating in a report on Friday, February 9th. StockNews.com raised Children’s Place from a “sell” rating to a “hold” rating in a research note on Wednesday, May 8th. B. Riley raised Children’s Place from a “sell” rating to a “neutral” rating and reduced their price objective for the stock from $12.00 to $7.00 in a research note on Wednesday, April 24th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $9.00 price objective on shares of Children’s Place in a research note on Wednesday, May 22nd.

Get Our Latest Stock Analysis on PLCE

Children’s Place 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.

See Also

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:PLCEFree Report).

Institutional Ownership by Quarter for Children's Place (NASDAQ:PLCE)

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.com's FREE daily email newsletter.