Caleres, Inc. (NYSE:CAL) Shares Purchased by Janus Henderson Group PLC

Janus Henderson Group PLC raised its holdings in shares of Caleres, Inc. (NYSE:CAL - Free Report) by 1,022.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 183,368 shares of the textile maker's stock after purchasing an additional 167,034 shares during the period. Janus Henderson Group PLC owned 0.55% of Caleres worth $4,247,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Caleres by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 3,223,343 shares of the textile maker's stock worth $74,653,000 after purchasing an additional 50,041 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Caleres by 8.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,049,895 shares of the textile maker's stock valued at $47,475,000 after buying an additional 167,326 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Caleres by 10.1% in the 4th quarter. American Century Companies Inc. now owns 1,148,219 shares of the textile maker's stock valued at $26,593,000 after buying an additional 105,392 shares in the last quarter. Royce & Associates LP grew its position in shares of Caleres by 27.3% in the 4th 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 last quarter. Finally, Invesco Ltd. raised its stake in shares of Caleres by 48.6% during the 4th quarter. Invesco Ltd. now owns 770,518 shares of the textile maker's stock worth $17,845,000 after acquiring an additional 252,140 shares in the last quarter. Institutional investors own 98.44% of the company's stock.

Wall Street Analyst Weigh In

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

Insider Activity

In other news, Director Lori Greeley acquired 9,000 shares of the business's stock in a transaction dated Thursday, March 27th. The shares were acquired at an average cost of $17.77 per share, with a total value of $159,930.00. Following the completion of the acquisition, the director now 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 acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 3.80% of the company's stock.

Caleres Price Performance

Caleres stock traded down $0.55 during midday trading on Friday, reaching $15.96. The company's stock had a trading volume of 712,916 shares, compared to its average volume of 765,772. The stock has a market capitalization of $536.51 million, a P/E ratio of 3.56 and a beta of 1.11. The stock's 50-day simple moving average is $16.21 and its 200-day simple moving average is $20.15. Caleres, Inc. has a 52-week low of $14.25 and a 52-week 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 (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.06. The firm had revenue of $639.20 million for the quarter, compared to the consensus estimate of $645.79 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 8.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.86 earnings per share. As a group, equities research analysts expect that Caleres, Inc. will post 3.23 earnings per share for the current fiscal year.

Caleres Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Thursday, June 5th will be paid a dividend of $0.07 per share. The ex-dividend date is Thursday, June 5th. This represents a $0.28 annualized dividend and a dividend yield of 1.75%. Caleres's payout ratio is currently 9.12%.

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.