Skyline Asset Management LP Has Cut Its Childrens Pl Retail Stores I (PLCE) Position by $11.38 Million; Share Value Declined

May 18, 2018 - By John Moody

The Children's Place, Inc. (NASDAQ:PLCE) LogoInvestors sentiment increased to 1.06 in Q4 2017. Its up 0.27, from 0.79 in 2017Q3. It is positive, as 21 investors sold PLCE shares while 88 reduced holdings. 49 funds opened positions while 67 raised stakes. 20.67 million shares or 4.58% less from 21.66 million shares in 2017Q3 were reported. Greenlight Capital invested 0.11% of its portfolio in The Children's Place, Inc. (NASDAQ:PLCE). Aqr Capital Limited Company has invested 0.01% in The Children's Place, Inc. (NASDAQ:PLCE). Natixis accumulated 0.02% or 15,949 shares. Moreover, Ls Advsrs Ltd Liability Com has 0% invested in The Children's Place, Inc. (NASDAQ:PLCE). Northern Trust Corporation holds 293,657 shares. Moreover, Campbell And Invest Adviser Limited Liability Corporation has 0.57% invested in The Children's Place, Inc. (NASDAQ:PLCE). Comerica Financial Bank accumulated 22,193 shares. Renaissance Technology Ltd Llc reported 105,760 shares. Hsbc Hldg Public Ltd reported 0% in The Children's Place, Inc. (NASDAQ:PLCE). Janney Montgomery Scott Lc holds 0.01% or 4,865 shares. Maverick Cap Limited, a Texas-based fund reported 69,270 shares. Proshare Llc has invested 0% in The Children's Place, Inc. (NASDAQ:PLCE). Tci Wealth Advsrs stated it has 13 shares or 0% of all its holdings. Clarivest Asset Mngmt Limited Liability Company owns 0.05% invested in The Children's Place, Inc. (NASDAQ:PLCE) for 19,585 shares. Employees Retirement Systems Of Ohio stated it has 64,515 shares or 0.05% of all its holdings.

Skyline Asset Management Lp decreased its stake in Childrens Pl Retail Stores I (PLCE) by 25.84% based on its latest 2017Q4 regulatory filing with the SEC. Skyline Asset Management Lp sold 78,500 shares as the company’s stock declined 9.16% with the market. The institutional investor held 225,300 shares of the consumer services company at the end of 2017Q4, valued at $32.75M, down from 303,800 at the end of the previous reported quarter. Skyline Asset Management Lp who had been investing in Childrens Pl Retail Stores I for a number of months, seems to be less bullish one the $2.09 billion market cap company. The stock decreased 7.95% or $10.975 during the last trading session, reaching $127.025. About 3.20 million shares traded or 429.52% up from the average. The Children's Place, Inc. (NASDAQ:PLCE) has risen 8.32% since May 18, 2017 and is uptrending. It has underperformed by 3.23% the S&P500.

Skyline Asset Management Lp, which manages about $1.24 billion and $1.25 billion US Long portfolio, upped its stake in Signet Jewelers Limited (NYSE:SIG) by 61,100 shares to 269,200 shares, valued at $15.22M in 2017Q4, according to the filing.

More notable recent The Children's Place, Inc. (NASDAQ:PLCE) news were published by: Benzinga.com which released: “32 Stocks Moving In Thursday’s Mid-Day Session” on May 17, 2018, also Streetinsider.com with their article: “Einhorn’s Greenlight Capital Enters Office Depot (ODP), Abercrombie & Fitch (ANF) (more…) – 13F” published on May 15, 2018, Globenewswire.com published: “The Children’s Place Reports First Quarter 2018 Results” on May 17, 2018. More interesting news about The Children's Place, Inc. (NASDAQ:PLCE) were released by: Benzinga.com and their article: “22 Stocks Moving In Thursday’s Pre-Market Session” published on May 17, 2018 as well as Streetinsider.com‘s news article titled: “Pre-Open Movers 05/17: (WWE) (LOXO) (NTES) Higher; (JNCE) (JCP) (ACXM) Lower (more…)” with publication date: May 17, 2018.

The Children's Place, Inc. (NASDAQ:PLCE) Ratings Coverage

Among 6 analysts covering Children’s Place (NASDAQ:PLCE), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 50% are positive. Children’s Place had 9 analyst reports since December 19, 2017 according to SRatingsIntel. Citigroup upgraded The Children's Place, Inc. (NASDAQ:PLCE) on Wednesday, March 21 to “Buy” rating. The firm has “Buy” rating by Oppenheimer given on Sunday, May 13. The rating was downgraded by Bank of America on Friday, March 23 to “Underperform”. SunTrust maintained the stock with “Hold” rating in Friday, February 2 report. SunTrust maintained The Children's Place, Inc. (NASDAQ:PLCE) rating on Monday, January 8. SunTrust has “Hold” rating and $157.0 target. BMO Capital Markets maintained The Children's Place, Inc. (NASDAQ:PLCE) on Tuesday, January 9 with “Hold” rating. BMO Capital Markets maintained The Children's Place, Inc. (NASDAQ:PLCE) rating on Tuesday, December 19. BMO Capital Markets has “Hold” rating and $130.0 target.

The Children's Place, Inc. (NASDAQ:PLCE) Institutional Positions Chart

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