29,400 Shares in Caleres, Inc. (NYSE:CAL) Bought by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Caleres, Inc. (NYSE:CAL) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 29,400 shares of the textile maker’s stock, valued at approximately $972,000.

Other large investors have also recently bought and sold shares of the company. Principal Financial Group Inc. lifted its holdings in shares of Caleres by 3.2% during the 3rd 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. Pacer Advisors Inc. acquired a new position in Caleres during the third quarter valued at approximately $49,783,000. FMR LLC lifted its stake in Caleres by 30.1% during the third quarter. FMR LLC now owns 929,968 shares of the textile maker’s stock worth $30,735,000 after purchasing an additional 215,372 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Caleres by 25.6% in the 2nd quarter. American Century Companies Inc. now owns 901,852 shares of the textile maker’s stock valued at $30,302,000 after purchasing an additional 183,594 shares in the last quarter. Finally, Royce & Associates LP increased its stake in shares of Caleres by 13.8% in the 3rd quarter. Royce & Associates LP now owns 631,810 shares of the textile maker’s stock valued at $20,881,000 after purchasing an additional 76,837 shares during the last quarter. 98.44% of the stock is currently owned by institutional investors and hedge funds.

Caleres Stock Up 4.1 %

NYSE CAL opened at $32.35 on Tuesday. The company has a market cap of $1.14 billion, a price-to-earnings ratio of 7.00 and a beta of 1.93. Caleres, Inc. has a twelve month low of $27.67 and a twelve month high of $44.51. The business’s fifty day moving average is $31.31 and its 200 day moving average is $34.34.

Caleres (NYSE:CAL) last announced its quarterly earnings results on Thursday, September 12th. The textile maker reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.37). Caleres had a net margin of 5.84% and a return on equity of 24.63%. The firm had revenue of $683.30 million for the quarter, compared to analyst estimates of $723.80 million. During the same period in the previous year, the business posted $0.98 earnings per share. The business’s revenue for the quarter was down 1.8% compared to the same quarter last year. On average, research analysts anticipate that Caleres, Inc. will post 4.01 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CAL. Loop Capital reduced their price objective on Caleres from $45.00 to $30.00 and set a “hold” rating on the stock in a research note on Friday, September 13th. StockNews.com lowered shares of Caleres from a “buy” rating to a “hold” rating in a report on Thursday, October 3rd.

About Caleres

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.