The Cato Co. (NYSE:CATO) Shares Bought by Barclays PLC

Barclays PLC increased its position in The Cato Co. (NYSE:CATO) by 130.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,155 shares of the specialty retailer’s stock after acquiring an additional 2,922 shares during the period. Barclays PLC’s holdings in Cato were worth $26,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Point72 DIFC Ltd acquired a new stake in Cato in the second quarter worth about $36,000. AQR Capital Management LLC bought a new stake in shares of Cato during the 2nd quarter worth about $102,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cato in the 2nd quarter worth approximately $144,000. Verum Partners LLC boosted its holdings in shares of Cato by 19.6% in the third quarter. Verum Partners LLC now owns 32,508 shares of the specialty retailer’s stock valued at $162,000 after acquiring an additional 5,335 shares in the last quarter. Finally, Squarepoint Ops LLC increased its stake in shares of Cato by 37.0% during the second quarter. Squarepoint Ops LLC now owns 37,624 shares of the specialty retailer’s stock valued at $208,000 after acquiring an additional 10,152 shares during the period. 61.10% of the stock is currently owned by institutional investors.

Cato Price Performance

Shares of NYSE:CATO opened at $3.60 on Friday. The stock has a market cap of $73.94 million, a price-to-earnings ratio of -2.61 and a beta of 0.86. The Cato Co. has a 12 month low of $3.02 and a 12 month high of $7.20. The stock’s 50 day moving average price is $3.78 and its 200 day moving average price is $4.72.

Cato (NYSE:CATO) last posted its quarterly earnings data on Thursday, November 21st. The specialty retailer reported ($0.79) EPS for the quarter. Cato had a negative return on equity of 14.41% and a negative net margin of 4.11%.

About Cato

The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and Credit. The company's stores and e-commerce websites offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags, as well as men's wear, and lines for kids and infants.