UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 24,316 Shares of Caleres, Inc. (NYSE:CAL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Caleres, Inc. (NYSE:CAL - Free Report) by 31.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,962 shares of the textile maker's stock after buying an additional 24,316 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.30% of Caleres worth $2,338,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC raised its holdings in Caleres by 108.8% during the third quarter. Barclays PLC now owns 55,776 shares of the textile maker's stock worth $1,843,000 after purchasing an additional 29,057 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in shares of Caleres in the fourth quarter worth approximately $59,000. Empowered Funds LLC grew its position in Caleres by 314.6% during the 4th quarter. Empowered Funds LLC now owns 156,312 shares of the textile maker's stock worth $3,620,000 after purchasing an additional 118,611 shares in the last quarter. Hussman Strategic Advisors Inc. acquired a new position in Caleres during the fourth quarter valued at $973,000. Finally, South Dakota Investment Council purchased a new stake in shares of Caleres in the fourth quarter worth approximately $892,000. 98.44% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Lori Greeley purchased 9,000 shares of the firm's stock in a transaction dated Thursday, March 27th. The stock was bought at an average price of $17.77 per share, for a total transaction of $159,930.00. Following 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 4.10% of the company's stock.

Caleres Trading Up 0.1%

CAL stock traded up $0.01 during mid-day trading on Tuesday, hitting $14.31. The stock had a trading volume of 1,134,702 shares, compared to its average volume of 811,065. Caleres, Inc. has a 1-year low of $13.00 and a 1-year high of $44.51. The company has a fifty day moving average of $15.50 and a 200 day moving average of $18.79. The stock has a market capitalization of $481.02 million, a price-to-earnings ratio of 3.19 and a beta of 1.08.

Caleres (NYSE:CAL - Get Free Report) last released its quarterly earnings data on Thursday, May 29th. The textile maker reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.37 by ($0.15). The firm had revenue of $614.22 million during the quarter, compared to analyst estimates of $622.93 million. Caleres had a return on equity of 22.71% and a net margin of 5.69%. The company's quarterly revenue was down 6.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.88 EPS. As a group, sell-side analysts expect that Caleres, Inc. will post 3.23 earnings per share for the current fiscal year.

Caleres Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Thursday, June 5th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.96%. The ex-dividend date is Thursday, June 5th. Caleres's payout ratio is 11.67%.

Analyst Ratings Changes

Separately, Loop Capital lowered their price target on shares of Caleres from $16.00 to $14.00 and set a "hold" rating on the stock in a report on Friday, May 30th.

About Caleres

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.