Caleres, Inc. (NYSE:CAL) Shares Purchased by Capital Fund Management S.A.

Capital Fund Management S.A. boosted its holdings in shares of Caleres, Inc. (NYSE:CAL - Free Report) by 132.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,145 shares of the textile maker's stock after purchasing an additional 22,320 shares during the quarter. Capital Fund Management S.A. owned about 0.12% of Caleres worth $907,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Caleres by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 3,223,343 shares of the textile maker's stock valued at $74,653,000 after acquiring an additional 50,041 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Caleres by 3.2% in the 3rd quarter. Principal Financial Group Inc. now owns 1,835,057 shares of the textile maker's stock worth $60,648,000 after purchasing an additional 56,346 shares during the period. State Street Corp raised its holdings in Caleres by 3.1% during the 3rd quarter. State Street Corp now owns 1,519,912 shares of the textile maker's stock valued at $50,233,000 after buying an additional 46,230 shares during the period. American Century Companies Inc. lifted its position in Caleres by 10.1% in the fourth quarter. American Century Companies Inc. now owns 1,148,219 shares of the textile maker's stock worth $26,593,000 after buying an additional 105,392 shares during the last quarter. Finally, Royce & Associates LP boosted its stake in Caleres by 27.3% during the fourth quarter. Royce & Associates LP now owns 804,378 shares of the textile maker's stock worth $18,629,000 after buying an additional 172,568 shares during the period. Institutional investors own 98.44% of the company's stock.

Insider Activity

In related news, Director Lori Greeley bought 9,000 shares of the business's stock in a transaction on Thursday, March 27th. The shares were bought at an average price of $17.77 per share, for a total transaction of $159,930.00. Following the completion of the purchase, the director now directly owns 10,000 shares of the company's stock, valued at approximately $177,700. This trade represents a 900.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 3.80% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Loop Capital lowered their target price on shares of Caleres from $17.00 to $16.00 and set a "hold" rating for the company in a report on Friday, April 4th.

Caleres Price Performance

Shares of CAL traded up $0.87 during mid-day trading on Friday, reaching $15.27. 843,040 shares of the company's stock traded hands, compared to its average volume of 729,635. The stock's 50-day moving average is $16.45 and its two-hundred day moving average is $22.77. Caleres, Inc. has a 12 month low of $14.25 and a 12 month high of $44.51. The stock has a market cap of $513.39 million, a P/E ratio of 3.40 and a beta of 1.42.

Caleres (NYSE:CAL - Get Free Report) last released its earnings results on Thursday, March 20th. The textile maker reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.06. The business had revenue of $639.20 million for the quarter, compared to analyst estimates of $645.79 million. Caleres had a return on equity of 22.71% and a net margin of 5.69%. The business's revenue was down 8.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.86 earnings per share. Research analysts predict that Caleres, Inc. will post 3.23 earnings per share for the current year.

Caleres Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Thursday, March 27th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date was Thursday, March 27th. Caleres's dividend payout ratio (DPR) is presently 9.12%.

Caleres Company Profile

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.