Caleres, Inc. (NYSE:CAL) CEO Diane M. Sullivan sold 26,100 shares of the company’s 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of Caleres, Inc. (CAL) traded down $0.16 during trading on Friday, reaching $32.64. 619,300 shares of the company’s stock traded hands, compared to its average volume of 343,169. The stock has a market capitalization of $1,328.07, a price-to-earnings ratio of 15.38, a P/E/G ratio of 1.31 and a beta of 1.04. Caleres, Inc. has a one year low of $22.39 and a one year high of $36.61. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.93 and a quick ratio of 0.49.
Caleres (NYSE:CAL) last announced its quarterly earnings results on Tuesday, November 21st. The textile maker reported $0.80 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.85 by ($0.05). The company had revenue of $774.66 million during the quarter, compared to analysts’ expectations of $785.75 million. Caleres had a net margin of 2.21% and a return on equity of 13.59%. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.81 earnings per share. sell-side analysts predict that Caleres, Inc. will post 2.15 earnings per share for the current year.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Parametric Portfolio Associates LLC grew its position in Caleres by 14.5% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 152,863 shares of the textile maker’s stock valued at $4,247,000 after buying an additional 19,341 shares during the last quarter. Paradigm Capital Management Inc. NY raised its stake in shares of Caleres by 2.5% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 911,100 shares of the textile maker’s stock worth $25,310,000 after buying an additional 22,200 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Caleres by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 3,814,134 shares of the textile maker’s stock worth $105,956,000 after buying an additional 30,772 shares during the last quarter. Assenagon Asset Management S.A. acquired a new position in shares of Caleres during the 3rd quarter worth $3,684,000. Finally, Thrivent Financial For Lutherans increased its position in Caleres by 48.9% during the 2nd quarter. Thrivent Financial For Lutherans now owns 237,775 shares of the textile maker’s stock worth $6,605,000 after purchasing an additional 78,110 shares in the last quarter. Institutional investors and hedge funds own 86.57% of the company’s stock.
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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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