2,100 Shares in The Children’s Place, Inc. (NASDAQ:PLCE) Acquired by Quantbot Technologies LP

Quantbot Technologies LP acquired a new position in The Children’s Place, Inc. (NASDAQ:PLCE) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,100 shares of the company’s stock, valued at approximately $33,000.

Other large investors also recently made changes to their positions in the company. ARS Investment Partners LLC acquired a new position in Children’s Place during the 2nd quarter worth about $247,000. XTX Topco Ltd increased its holdings in shares of Children’s Place by 105.5% in the second quarter. XTX Topco Ltd now owns 27,038 shares of the company’s stock valued at $220,000 after purchasing an additional 13,878 shares in the last quarter. Canada Pension Plan Investment Board raised its position in Children’s Place by 462.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 48,900 shares of the company’s stock worth $398,000 after purchasing an additional 40,200 shares during the last quarter. Point72 DIFC Ltd boosted its position in Children’s Place by 42.3% in the 2nd quarter. Point72 DIFC Ltd now owns 21,466 shares of the company’s stock valued at $175,000 after buying an additional 6,383 shares during the last quarter. Finally, Squarepoint Ops LLC increased its stake in shares of Children’s Place by 144.7% in the 2nd quarter. Squarepoint Ops LLC now owns 41,067 shares of the company’s stock valued at $334,000 after buying an additional 24,282 shares during the period.

Analyst Ratings Changes

Several research firms recently issued reports on PLCE. StockNews.com cut Children’s Place from a “hold” rating to a “sell” rating in a report on Wednesday, August 21st. UBS Group dropped their price target on shares of Children’s Place from $18.00 to $17.00 and set a “neutral” rating for the company in a research note on Monday, November 18th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $11.00.

Children’s Place Trading Down 1.7 %

NASDAQ:PLCE opened at $11.81 on Friday. The Children’s Place, Inc. has a 1-year low of $4.77 and a 1-year high of $38.03. The firm has a market capitalization of $150.22 million, a price-to-earnings ratio of -0.83 and a beta of 2.28. The business’s 50-day moving average price is $13.81 and its two-hundred day moving average price is $10.75.

Children’s Place (NASDAQ:PLCE) last announced its quarterly earnings results on Tuesday, December 3rd. The company reported $2.04 earnings per share for the quarter, missing analysts’ consensus estimates of $2.63 by ($0.59). Children’s Place had a negative net margin of 12.47% and a negative return on equity of 4,732.98%. During the same quarter last year, the company earned $3.22 earnings per share.

Children’s Place Company Profile

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.