Caleres, Inc. (NYSE:CAL) Shares Purchased by Barclays PLC

Barclays PLC raised its holdings in shares of Caleres, Inc. (NYSE:CAL - Free Report) by 108.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 55,776 shares of the textile maker's stock after purchasing an additional 29,057 shares during the quarter. Barclays PLC owned 0.16% of Caleres worth $1,843,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its stake in Caleres by 31,308.7% during the second quarter. Allspring Global Investments Holdings LLC now owns 7,224 shares of the textile maker's stock worth $243,000 after buying an additional 7,201 shares during the period. Rothschild Investment LLC bought a new position in shares of Caleres in the 2nd quarter worth $1,754,000. nVerses Capital LLC purchased a new stake in shares of Caleres during the second quarter valued at about $40,000. Victory Capital Management Inc. lifted its position in Caleres by 83.8% during the second quarter. Victory Capital Management Inc. now owns 61,959 shares of the textile maker's stock valued at $2,082,000 after acquiring an additional 28,250 shares during the last quarter. Finally, Foundry Partners LLC purchased a new stake in shares of Caleres during the 2nd quarter valued at $500,000. Institutional investors own 98.44% of the company's stock.

Caleres Stock Down 0.8 %

Shares of NYSE CAL traded down $0.20 during trading on Friday, hitting $23.44. The company had a trading volume of 605,396 shares, compared to its average volume of 568,289. The firm has a market capitalization of $788.26 million, a price-to-earnings ratio of 5.22 and a beta of 1.92. Caleres, Inc. has a fifty-two week low of $22.07 and a fifty-two week high of $44.51. The stock has a fifty day simple moving average of $28.75 and a two-hundred day simple moving average of $33.09.

Caleres (NYSE:CAL - Get Free Report) last announced its quarterly earnings data on Thursday, December 5th. The textile maker reported $1.23 earnings per share for the quarter, missing analysts' consensus estimates of $1.38 by ($0.15). The firm had revenue of $740.90 million during the quarter, compared to analysts' expectations of $751.35 million. Caleres had a net margin of 5.69% and a return on equity of 22.71%. The company's revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.37 EPS. On average, analysts anticipate that Caleres, Inc. will post 3.5 earnings per share for the current year.

Caleres Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 27th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Friday, December 27th. Caleres's dividend payout ratio (DPR) is currently 6.24%.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Loop Capital lowered their target price on shares of Caleres from $30.00 to $25.00 and set a "hold" rating for the company in a research note on Friday, December 6th. StockNews.com cut shares of Caleres from a "buy" rating to a "hold" rating in a research note 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.