Lenox Wealth Management Inc. increased its stake in Caleres Inc (NYSE:CAL) by 8.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,026 shares of the textile maker’s stock after acquiring an additional 1,050 shares during the period. Lenox Wealth Management Inc.’s holdings in Caleres were worth $305,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc boosted its holdings in Caleres by 5,789.5% during the third quarter. Versant Capital Management Inc now owns 1,119 shares of the textile maker’s stock worth $26,000 after buying an additional 1,100 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in Caleres by 128.9% during the third quarter. Quadrant Capital Group LLC now owns 3,886 shares of the textile maker’s stock worth $89,000 after buying an additional 2,188 shares in the last quarter. Bank of Montreal Can boosted its holdings in Caleres by 267.0% during the second quarter. Bank of Montreal Can now owns 4,782 shares of the textile maker’s stock worth $96,000 after buying an additional 3,479 shares in the last quarter. Quantamental Technologies LLC boosted its holdings in Caleres by 15.4% during the second quarter. Quantamental Technologies LLC now owns 5,986 shares of the textile maker’s stock worth $119,000 after buying an additional 801 shares in the last quarter. Finally, LaSalle Street Capital Management LLC bought a new stake in Caleres during the third quarter worth approximately $203,000. Institutional investors and hedge funds own 96.33% of the company’s stock.
Shares of NYSE:CAL traded up $0.26 during mid-day trading on Friday, hitting $24.64. The stock had a trading volume of 501,462 shares, compared to its average volume of 672,190. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.24 and a current ratio of 0.97. The company has a market cap of $981.35 million, a PE ratio of 11.15 and a beta of 0.89. Caleres Inc has a 12-month low of $14.30 and a 12-month high of $37.51. The company’s 50 day moving average is $22.36 and its 200-day moving average is $20.69.
A number of brokerages recently weighed in on CAL. ValuEngine upgraded shares of Caleres from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Peel Hunt restated a “hold” rating on shares of Caleres in a report on Tuesday, November 5th. Needham & Company LLC restated a “buy” rating and set a $28.00 target price on shares of Caleres in a report on Thursday, October 3rd. Zacks Investment Research cut shares of Caleres from a “buy” rating to a “hold” rating in a report on Tuesday, October 29th. Finally, Loop Capital raised their target price on shares of Caleres to $30.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $27.50.
Caleres, Inc engages in the retail and wholesale of footwear in the United States, Canada, Guam, and Italy. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label casual, dress, and athletic footwear products to women, men, and children.
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