29,699 Shares in Caleres, Inc. (NYSE:CAL) Bought by XTX Topco Ltd

XTX Topco Ltd purchased a new stake in shares of Caleres, Inc. (NYSE:CAL - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 29,699 shares of the textile maker's stock, valued at approximately $688,000. XTX Topco Ltd owned 0.09% of Caleres as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Barclays PLC boosted its holdings in Caleres by 108.8% during the third quarter. Barclays PLC now owns 55,776 shares of the textile maker's stock valued at $1,843,000 after acquiring an additional 29,057 shares during the period. Empowered Funds LLC grew its holdings in Caleres by 314.6% in the 4th quarter. Empowered Funds LLC now owns 156,312 shares of the textile maker's stock valued at $3,620,000 after buying an additional 118,611 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Caleres by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 3,223,343 shares of the textile maker's stock worth $74,653,000 after buying an additional 50,041 shares during the last quarter. Victory Capital Management Inc. raised its stake in Caleres by 50.8% during the 4th quarter. Victory Capital Management Inc. now owns 115,443 shares of the textile maker's stock valued at $2,674,000 after purchasing an additional 38,866 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Caleres by 4.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 556,642 shares of the textile maker's stock valued at $12,892,000 after purchasing an additional 25,088 shares during the period. Institutional investors own 98.44% of the company's stock.

Insider Activity at Caleres

In other Caleres news, Director Lori Greeley acquired 9,000 shares of Caleres stock in a transaction on Thursday, March 27th. The shares were purchased at an average cost of $17.77 per share, with a total value of $159,930.00. Following the completion of the purchase, the director now owns 10,000 shares in the company, valued at $177,700. The trade was a 900.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.80% of the stock is currently owned by company insiders.

Caleres Stock Up 0.9 %

NYSE:CAL traded up $0.14 during trading hours on Tuesday, reaching $15.42. The company had a trading volume of 386,119 shares, compared to its average volume of 728,340. The firm has a market capitalization of $518.20 million, a PE ratio of 3.44 and a beta of 1.42. The stock has a 50-day moving average of $16.41 and a two-hundred day moving average of $22.59. Caleres, Inc. has a one year low of $14.25 and a one year high of $44.51.

Caleres (NYSE:CAL - Get Free Report) last posted its quarterly earnings data on Thursday, March 20th. The textile maker reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.06. The company had revenue of $639.20 million during the quarter, compared to analyst estimates of $645.79 million. Caleres had a net margin of 5.69% and a return on equity of 22.71%. The company's revenue was down 8.3% on a year-over-year basis. During the same quarter last year, the business posted $0.86 earnings per share. As a group, sell-side analysts expect 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. The ex-dividend date was Thursday, March 27th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.82%. Caleres's payout ratio is 9.12%.

Analysts Set New Price Targets

Separately, Loop Capital decreased their target price on Caleres from $17.00 to $16.00 and set a "hold" rating on the stock in a research report on Friday, April 4th.

Caleres 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.