104,698 Shares in Caleres, Inc. (CAL) Purchased by Jane Street Group LLC

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.

In other news, SVP Douglas Koch sold 33,400 shares of Caleres stock in a transaction dated Monday, September 25th. The shares were sold at an average price of $30.03, for a total transaction of $1,003,002.00. Following the completion of the transaction, the senior vice president now directly owns 103,837 shares in the company, valued at $3,118,225.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Diane M. Sullivan sold 26,100 shares of Caleres stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $32.57, for a total transaction of $850,077.00. The disclosure for this sale can be found here. 6.20% of the stock is owned by company insiders.

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.

ILLEGAL ACTIVITY WARNING: “104,698 Shares in Caleres, Inc. (CAL) Purchased by Jane Street Group LLC” was originally reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this news story on another website, it was illegally copied and republished in violation of US & international copyright & trademark law. The legal version of this news story can be read at https://sportsperspectives.com/2017/12/10/104698-shares-in-caleres-inc-cal-purchased-by-jane-street-group-llc.html.

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.

Institutional Ownership by Quarter for Caleres (NYSE:CAL)

Receive News & Ratings for Caleres Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caleres Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply