Headlands Technologies LLC Has $54,000 Stock Holdings in The Children’s Place, Inc. (NASDAQ:PLCE)

Headlands Technologies LLC grew its holdings in The Children’s Place, Inc. (NASDAQ:PLCE) by 192.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,231 shares of the company’s stock after purchasing an additional 4,097 shares during the quarter. Headlands Technologies LLC’s holdings in Children’s Place were worth $54,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State of Wyoming acquired a new position in shares of Children’s Place in the 4th quarter valued at about $37,000. Tower Research Capital LLC TRC acquired a new position in Children’s Place during the 4th quarter worth approximately $44,000. Covestor Ltd raised its stake in Children’s Place by 156.3% during the 4th quarter. Covestor Ltd now owns 4,408 shares of the company’s stock worth $46,000 after buying an additional 2,688 shares during the period. Man Group plc acquired a new position in Children’s Place during the 4th quarter worth approximately $111,000. Finally, Dark Forest Capital Management LP acquired a new position in Children’s Place during the 4th quarter worth approximately $112,000.

Children’s Place Stock Up 0.7%

PLCE stock opened at $4.34 on Wednesday. The stock’s 50 day simple moving average is $4.82 and its 200 day simple moving average is $6.56. The Children’s Place, Inc. has a fifty-two week low of $3.66 and a fifty-two week high of $19.74. The company has a debt-to-equity ratio of 75.63, a quick ratio of 0.14 and a current ratio of 0.92. The company has a market cap of $96.22 million, a P/E ratio of -1.39 and a beta of 1.87.

Children’s Place (NASDAQ:PLCE) last issued its quarterly earnings data on Friday, June 6th. The company reported ($1.52) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($1.44). The company had revenue of $242.13 million for the quarter, compared to the consensus estimate of $313.85 million. Children’s Place had a negative return on equity of 10.32% and a negative net margin of 3.97%.

Analysts Set New Price Targets

PLCE has been the topic of a number of research reports. Wall Street Zen downgraded Children’s Place from a “hold” rating to a “sell” rating in a research note on Saturday, June 14th. UBS Group dropped their price target on Children’s Place from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Monday, June 9th.

Children’s Place 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.