Jane Street Group LLC bought a new position in shares of Caleres, Inc. (NYSE:CAL) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 104,698 shares of the textile maker’s stock, valued at approximately $3,195,000. Jane Street Group LLC owned about 0.24% of Caleres as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Alps Advisors Inc. raised its stake in Caleres by 0.3% during the second quarter. Alps Advisors Inc. now owns 15,613 shares of the textile maker’s stock worth $434,000 after buying an additional 41 shares during the last quarter. US Bancorp DE grew its holdings in Caleres by 0.5% in the second quarter. US Bancorp DE now owns 10,274 shares of the textile maker’s stock worth $285,000 after purchasing an additional 49 shares during the period. Arizona State Retirement System grew its holdings in Caleres by 0.4% in the second quarter. Arizona State Retirement System now owns 22,442 shares of the textile maker’s stock worth $623,000 after purchasing an additional 100 shares during the period. Texas Permanent School Fund grew its holdings in Caleres by 1.1% in the second quarter. Texas Permanent School Fund now owns 31,422 shares of the textile maker’s stock worth $873,000 after purchasing an additional 331 shares during the period. Finally, Strs Ohio grew its holdings in Caleres by 3.0% in the second quarter. Strs Ohio now owns 34,300 shares of the textile maker’s stock worth $952,000 after purchasing an additional 1,000 shares during the period. 86.57% of the stock is owned by institutional investors and hedge funds.
A number of research firms have commented on CAL. BidaskClub cut shares of Caleres from a “hold” rating to a “sell” rating in a report on Friday, August 18th. Zacks Investment Research cut shares of Caleres from a “buy” rating to a “hold” rating in a report on Friday, August 18th. ValuEngine upgraded shares of Caleres from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Macquarie restated an “outperform” rating and issued a $37.00 price target on shares of Caleres in a report on Sunday, October 1st. Finally, Susquehanna Bancshares restated a “buy” rating and issued a $32.00 price target on shares of Caleres in a report on Wednesday, November 22nd. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Caleres has a consensus rating of “Buy” and an average price target of $33.17.
Caleres, Inc. (NYSE CAL) opened at $32.35 on Friday. The stock has a market cap of $1,390.37, a PE ratio of 16.09, a PEG ratio of 1.39 and a beta of 1.13. Caleres, Inc. has a twelve month low of $22.39 and a twelve month high of $36.61. The company has a current ratio of 1.93, a quick ratio of 0.49 and a debt-to-equity ratio of 0.29.
Caleres (NYSE:CAL) last issued its quarterly earnings data on Tuesday, November 21st. The textile maker reported $0.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.05). The business had revenue of $774.66 million for the quarter, compared to analyst estimates of $785.75 million. Caleres had a net margin of 2.21% and a return on equity of 13.59%. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.81 earnings per share. sell-side analysts anticipate that Caleres, Inc. will post 2.12 EPS for the current fiscal year.
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Caleres Company Profile
Caleres, Inc is a global footwear retailer and wholesaler. The Company is engaged in the operation of retail shoe stores and e-commerce Websites, as well as the design, sourcing and marketing of footwear for women and men. The Company operates through two segments: Famous Footwear and Brand Portfolio.
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