Victory Capital Management Inc. Has $2.67 Million Stock Holdings in Caleres, Inc. (NYSE:CAL)

Victory Capital Management Inc. boosted its stake in shares of Caleres, Inc. (NYSE:CAL) by 50.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 115,443 shares of the textile maker’s stock after buying an additional 38,866 shares during the period. Victory Capital Management Inc.’s holdings in Caleres were worth $2,674,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Principal Financial Group Inc. raised its holdings in shares of Caleres by 3.2% during the third quarter. Principal Financial Group Inc. now owns 1,835,057 shares of the textile maker’s stock worth $60,648,000 after acquiring an additional 56,346 shares during the period. State Street Corp increased its holdings in Caleres by 3.1% during the 3rd quarter. State Street Corp now owns 1,519,912 shares of the textile maker’s stock worth $50,233,000 after purchasing an additional 46,230 shares in the last quarter. Pacer Advisors Inc. bought a new position in Caleres during the 3rd quarter worth about $49,783,000. FMR LLC raised its stake in shares of Caleres by 30.1% in the 3rd quarter. FMR LLC now owns 929,968 shares of the textile maker’s stock valued at $30,735,000 after purchasing an additional 215,372 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Caleres by 3.6% in the third quarter. Geode Capital Management LLC now owns 792,057 shares of the textile maker’s stock valued at $26,183,000 after purchasing an additional 27,291 shares in the last quarter. Institutional investors own 98.44% of the company’s stock.

Caleres Stock Up 1.4 %

Shares of CAL stock opened at $15.48 on Monday. Caleres, Inc. has a 12 month low of $15.00 and a 12 month high of $44.51. The company’s fifty day simple moving average is $18.11 and its 200-day simple moving average is $26.22. The firm has a market cap of $520.71 million, a PE ratio of 3.45 and a beta of 1.82.

Caleres Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 27th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.81%. Caleres’s dividend payout ratio (DPR) is presently 6.24%.

Wall Street Analysts Forecast Growth

Separately, Loop Capital decreased their price objective on Caleres from $30.00 to $25.00 and set a “hold” rating for the company in a report on Friday, December 6th.

Insider Transactions at Caleres

In related news, Director Kyle Gendreau bought 5,000 shares of the stock in a transaction that occurred on Friday, January 17th. The shares were acquired at an average price of $19.93 per share, with a total value of $99,650.00. Following the completion of the transaction, the director now owns 5,000 shares in the company, valued at $99,650. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 3.80% of the company’s stock.

Caleres Company Profile

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.