17,745 Shares in Caleres, Inc. (NYSE:CAL) Purchased by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC bought a new stake in shares of Caleres, Inc. (NYSE:CALFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 17,745 shares of the textile maker’s stock, valued at approximately $545,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. SummerHaven Investment Management LLC boosted its holdings in shares of Caleres by 1.3% in the fourth quarter. SummerHaven Investment Management LLC now owns 28,664 shares of the textile maker’s stock valued at $881,000 after acquiring an additional 360 shares in the last quarter. Assetmark Inc. boosted its stake in Caleres by 7.9% during the 4th quarter. Assetmark Inc. now owns 6,000 shares of the textile maker’s stock valued at $184,000 after purchasing an additional 440 shares in the last quarter. Swiss National Bank increased its position in shares of Caleres by 0.9% during the 3rd quarter. Swiss National Bank now owns 75,800 shares of the textile maker’s stock valued at $2,180,000 after purchasing an additional 700 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of Caleres by 2.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 103,737 shares of the textile maker’s stock worth $2,983,000 after buying an additional 2,427 shares in the last quarter. Finally, New York State Teachers Retirement System raised its stake in shares of Caleres by 5.1% in the 4th quarter. New York State Teachers Retirement System now owns 50,634 shares of the textile maker’s stock worth $1,556,000 after buying an additional 2,458 shares in the last quarter. 98.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Caleres

In other news, SVP Mark A. Schmitt sold 18,373 shares of Caleres stock in a transaction on Monday, March 25th. The stock was sold at an average price of $41.01, for a total transaction of $753,476.73. Following the transaction, the senior vice president now owns 50,847 shares in the company, valued at $2,085,235.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Daniel R. Freidman sold 15,000 shares of the stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $37.00, for a total value of $555,000.00. Following the completion of the sale, the insider now directly owns 64,167 shares of the company’s stock, valued at $2,374,179. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Mark A. Schmitt sold 18,373 shares of the business’s stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $41.01, for a total transaction of $753,476.73. Following the transaction, the senior vice president now directly owns 50,847 shares in the company, valued at $2,085,235.47. The disclosure for this sale can be found here. Insiders have sold a total of 99,458 shares of company stock valued at $3,747,936 in the last three months. 3.80% of the stock is currently owned by company insiders.

Caleres Stock Down 0.7 %

CAL opened at $32.86 on Friday. The business has a fifty day simple moving average of $36.59 and a 200-day simple moving average of $34.54. The firm has a market cap of $1.16 billion, a PE ratio of 6.96 and a beta of 1.90. Caleres, Inc. has a fifty-two week low of $22.39 and a fifty-two week high of $41.94.

Caleres (NYSE:CALGet Free Report) last issued its quarterly earnings results on Thursday, May 30th. The textile maker reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.02. Caleres had a return on equity of 27.32% and a net margin of 5.97%. The firm had revenue of $659.20 million for the quarter, compared to analysts’ expectations of $664.80 million. During the same quarter last year, the business posted $0.97 EPS. Caleres’s revenue was down .5% on a year-over-year basis. On average, equities research analysts anticipate that Caleres, Inc. will post 4.4 EPS for the current fiscal year.

Caleres Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Wednesday, June 5th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 0.85%. The ex-dividend date is Wednesday, June 5th. Caleres’s payout ratio is 5.93%.

Wall Street Analyst Weigh In

CAL has been the topic of a number of research analyst reports. Piper Sandler lifted their target price on Caleres from $30.00 to $35.00 and gave the stock a “neutral” rating in a report on Wednesday, March 20th. Loop Capital lifted their price objective on shares of Caleres from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, March 20th.

View Our Latest Analysis on CAL

Caleres Profile

(Free Report)

Caleres, Inc engages in the retail and wholesale of footwear business in the United States, Canada, East Asia, and internationally. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label athletic, casual, and dress footwear products. The company provides brand name athletic, casual, and dress shoes, including Nike, Skechers, adidas, Vans, Crocs, Converse, Puma, Birkenstock, New Balance, Under Armour, Dr.

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Institutional Ownership by Quarter for Caleres (NYSE:CAL)

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