Dimensional Fund Advisors LP Has $47.48 Million Stake in Caleres, Inc. (NYSE:CAL)

Dimensional Fund Advisors LP boosted its holdings in Caleres, Inc. (NYSE:CAL - Free Report) by 8.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,049,895 shares of the textile maker's stock after acquiring an additional 167,326 shares during the period. Dimensional Fund Advisors LP owned 6.10% of Caleres worth $47,475,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the business. First Trust Advisors LP grew its holdings in Caleres by 25.9% in the 4th quarter. First Trust Advisors LP now owns 129,147 shares of the textile maker's stock valued at $2,991,000 after buying an additional 26,551 shares during the period. Canada Pension Plan Investment Board acquired a new stake in shares of Caleres in the fourth quarter valued at about $86,000. XTX Topco Ltd purchased a new stake in shares of Caleres during the 4th quarter valued at about $688,000. Mariner LLC lifted its position in Caleres by 68.5% during the 4th quarter. Mariner LLC now owns 23,298 shares of the textile maker's stock worth $540,000 after acquiring an additional 9,471 shares in the last quarter. Finally, Barclays PLC boosted its holdings in Caleres by 7.0% in the 4th quarter. Barclays PLC now owns 59,661 shares of the textile maker's stock worth $1,382,000 after acquiring an additional 3,885 shares during the period. 98.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Loop Capital lowered their price target 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.

Insiders Place Their Bets

In other news, Director Lori Greeley acquired 9,000 shares of the business's stock in a transaction that occurred on Thursday, March 27th. The stock was acquired at an average cost of $17.77 per share, for a total transaction of $159,930.00. Following the completion of the acquisition, the director now owns 10,000 shares in the company, valued at approximately $177,700. The trade was 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 this hyperlink. Corporate insiders own 4.10% of the company's stock.

Caleres Price Performance

CAL traded up $0.61 during trading hours on Thursday, hitting $15.53. 120,037 shares of the stock were exchanged, compared to its average volume of 743,999. The stock has a market cap of $521.99 million, a price-to-earnings ratio of 3.46 and a beta of 1.11. Caleres, Inc. has a 12 month low of $14.25 and a 12 month high of $44.51. The stock has a 50-day simple moving average of $16.08 and a 200-day simple moving average of $21.30.

Caleres (NYSE:CAL - Get Free Report) last announced its quarterly 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. Caleres had a return on equity of 22.71% and a net margin of 5.69%. The business had revenue of $639.20 million for the quarter, compared to analysts' expectations of $645.79 million. During the same period in the prior year, the firm earned $0.86 EPS. The business's quarterly revenue was down 8.3% on a year-over-year basis. Sell-side analysts expect that Caleres, Inc. will post 3.23 EPS for the current year.

Caleres Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Thursday, March 27th were given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend was Thursday, March 27th. Caleres's dividend payout ratio (DPR) is currently 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.