Baader Bank Aktiengesellschaft Sells 7,617 Shares of The Children’s Place, Inc. (NASDAQ:PLCE)

Baader Bank Aktiengesellschaft decreased its stake in The Children’s Place, Inc. (NASDAQ:PLCE) by 17.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,856 shares of the company’s stock after selling 7,617 shares during the period. Baader Bank Aktiengesellschaft owned 0.27% of Children’s Place worth $364,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PLCE. Covestor Ltd purchased a new stake in shares of Children’s Place during the 3rd quarter worth approximately $27,000. FNY Investment Advisers LLC bought a new stake in shares of Children’s Place in the fourth quarter valued at $31,000. Quantbot Technologies LP purchased a new position in shares of Children’s Place during the 3rd quarter valued at $33,000. ARS Investment Partners LLC bought a new position in shares of Children’s Place during the 4th quarter worth $105,000. Finally, FORA Capital LLC purchased a new stake in Children’s Place in the 3rd quarter worth about $158,000.

Analysts Set New Price Targets

Separately, UBS Group dropped their price objective on shares of Children’s Place from $18.00 to $17.00 and set a “neutral” rating on the stock in a report on Monday, November 18th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, Children’s Place has a consensus rating of “Hold” and a consensus target price of $11.00.

Children’s Place Stock Performance

Shares of PLCE opened at $9.85 on Friday. The stock has a market capitalization of $125.93 million, a price-to-earnings ratio of -0.69 and a beta of 2.36. The Children’s Place, Inc. has a 52-week low of $4.77 and a 52-week high of $38.03. The stock’s 50-day simple moving average is $11.59 and its 200 day simple moving average is $11.05.

Children’s Place (NASDAQ:PLCE) last released its quarterly earnings data on Tuesday, December 3rd. The company reported $2.04 EPS 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 in the prior year, the business earned $3.22 earnings per share.

Children’s Place Company Profile

The Children’s Place, Inc engages in the provision of apparel, footwear, accessories, and other items for children. The firm also designs contracts to manufacture and sell fashionable and value-priced merchandise under the brand names of The Children’s Place, Baby Place, and Gymboree. It operates through The Children’s Place U.S.