XTX Topco Ltd Has $220,000 Stake in The Children’s Place, Inc. (NASDAQ:PLCE)

XTX Topco Ltd raised its stake in The Children’s Place, Inc. (NASDAQ:PLCE) by 105.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,038 shares of the company’s stock after purchasing an additional 13,878 shares during the quarter. XTX Topco Ltd owned 0.21% of Children’s Place worth $220,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of PLCE. Charles Schwab Investment Management Inc. raised its position in Children’s Place by 18.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 311,324 shares of the company’s stock valued at $7,229,000 after buying an additional 48,964 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of Children’s Place by 1,397.6% during the fourth quarter. BNP Paribas Financial Markets now owns 26,672 shares of the company’s stock valued at $619,000 after purchasing an additional 24,891 shares in the last quarter. Mithaq Capital SPC purchased a new position in Children’s Place during the fourth quarter worth about $7,999,000. Virtu Financial LLC grew its position in Children’s Place by 8.5% in the 4th quarter. Virtu Financial LLC now owns 8,793 shares of the company’s stock worth $204,000 after purchasing an additional 692 shares in the last quarter. Finally, Partnership Wealth Management LLC increased its stake in Children’s Place by 80.3% in the 1st quarter. Partnership Wealth Management LLC now owns 129,660 shares of the company’s stock valued at $1,496,000 after buying an additional 57,740 shares during the last quarter.

Analyst Ratings Changes

A number of analysts recently commented on PLCE shares. StockNews.com lowered Children’s Place from a “hold” rating to a “sell” rating in a report on Wednesday, August 21st. UBS Group boosted their price target on shares of Children’s Place from $12.00 to $18.00 and gave the stock a “neutral” rating in a report on Thursday, September 19th. One 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, the stock presently has an average rating of “Hold” and an average price target of $16.00.

Children’s Place Stock Performance

PLCE stock opened at $17.02 on Monday. The Children’s Place, Inc. has a fifty-two week low of $4.77 and a fifty-two week high of $38.03. The stock has a fifty day moving average of $8.82 and a 200-day moving average of $9.39. The company has a market capitalization of $216.49 million, a price-to-earnings ratio of -1.31 and a beta of 2.15.

Children’s Place (NASDAQ:PLCE) last posted its earnings results on Wednesday, September 11th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of ($1.10) by $1.40. The firm had revenue of $319.66 million during the quarter. Children’s Place had a negative net margin of 10.52% and a negative return on equity of 4,732.98%.

About Children’s Place

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.