US Bancorp DE Has $151,000 Holdings in Caleres, Inc. (NYSE:CAL)

US Bancorp DE increased its position in shares of Caleres, Inc. (NYSE:CAL) by 21.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,775 shares of the textile maker’s stock after buying an additional 1,561 shares during the period. US Bancorp DE’s holdings in Caleres were worth $151,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Versant Capital Management Inc increased its holdings in Caleres by 244.0% during the first quarter. Versant Capital Management Inc now owns 1,455 shares of the textile maker’s stock worth $25,000 after buying an additional 1,032 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in Caleres during the fourth quarter worth $86,000. Golden State Wealth Management LLC boosted its position in Caleres by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 5,097 shares of the textile maker’s stock worth $88,000 after purchasing an additional 2,548 shares during the period. GAMMA Investing LLC boosted its position in Caleres by 1,201.7% during the first quarter. GAMMA Investing LLC now owns 5,988 shares of the textile maker’s stock worth $103,000 after purchasing an additional 5,528 shares during the period. Finally, ProShare Advisors LLC boosted its position in Caleres by 44.3% during the fourth quarter. ProShare Advisors LLC now owns 10,320 shares of the textile maker’s stock worth $239,000 after purchasing an additional 3,170 shares during the period. 98.44% of the stock is currently owned by institutional investors and hedge funds.

Caleres Stock Performance

Shares of Caleres stock opened at $14.66 on Friday. The firm has a 50-day moving average of $13.83 and a 200-day moving average of $15.38. The stock has a market cap of $495.51 million, a PE ratio of 6.11 and a beta of 1.14. Caleres, Inc. has a 52-week low of $12.09 and a 52-week high of $44.51.

Caleres (NYSE:CAL) last issued its earnings results on Thursday, May 29th. The textile maker reported $0.22 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.15). The business had revenue of $614.22 million for the quarter, compared to analyst estimates of $622.93 million. Caleres had a return on equity of 14.94% and a net margin of 3.11%. The firm’s revenue was down 6.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.88 EPS. Equities research analysts predict that Caleres, Inc. will post 3.23 earnings per share for the current fiscal year.

Caleres Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 5th were paid a $0.07 dividend. The ex-dividend date of this dividend was Thursday, June 5th. This represents a $0.28 annualized dividend and a dividend yield of 1.9%. Caleres’s dividend payout ratio is currently 11.67%.

Analyst Ratings Changes

Separately, Loop Capital reduced their price objective on shares of Caleres from $16.00 to $14.00 and set a “hold” rating for the company in a research report on Friday, May 30th.

About Caleres

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.