Jump Financial LLC Has $388,000 Stock Holdings in Caleres, Inc. (NYSE:CAL)

Jump Financial LLC raised its stake in Caleres, Inc. (NYSE:CALFree Report) by 30.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,500 shares of the textile maker’s stock after purchasing an additional 3,176 shares during the period. Jump Financial LLC’s holdings in Caleres were worth $388,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CAL. Moneta Group Investment Advisors LLC boosted its position in shares of Caleres by 108,172.2% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 32,231,553 shares of the textile maker’s stock valued at $718,119,000 after acquiring an additional 32,201,784 shares during the period. Marshall Wace LLP boosted its position in shares of Caleres by 1,043.1% in the fourth quarter. Marshall Wace LLP now owns 320,880 shares of the textile maker’s stock valued at $7,149,000 after acquiring an additional 292,808 shares during the period. Wellington Management Group LLP boosted its position in shares of Caleres by 162.9% in the first quarter. Wellington Management Group LLP now owns 361,770 shares of the textile maker’s stock valued at $7,825,000 after acquiring an additional 224,170 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of Caleres by 92.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 451,231 shares of the textile maker’s stock valued at $8,722,000 after acquiring an additional 217,055 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of Caleres by 685.3% in the first quarter. Envestnet Asset Management Inc. now owns 212,576 shares of the textile maker’s stock valued at $440,000 after acquiring an additional 185,507 shares during the period. 88.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Caleres

In other news, CAO Todd E. Hasty sold 5,599 shares of the stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $31.50, for a total value of $176,368.50. Following the completion of the transaction, the chief accounting officer now owns 22,414 shares of the company’s stock, valued at $706,041. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO John W. Schmidt sold 12,668 shares of the company’s stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $30.16, for a total value of $382,066.88. Following the completion of the transaction, the chief executive officer now owns 373,663 shares of the company’s stock, valued at $11,269,676.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Todd E. Hasty sold 5,599 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $31.50, for a total value of $176,368.50. Following the completion of the transaction, the chief accounting officer now directly owns 22,414 shares of the company’s stock, valued at approximately $706,041. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 100,854 shares of company stock valued at $3,011,716. 5.40% of the stock is currently owned by insiders.

Caleres Stock Up 2.2 %

CAL opened at $34.34 on Monday. Caleres, Inc. has a twelve month low of $16.85 and a twelve month high of $34.55. The company has a 50-day simple moving average of $30.60 and a 200 day simple moving average of $28.35. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of 7.86 and a beta of 1.95.

Caleres (NYSE:CALGet Free Report) last posted its quarterly earnings data on Tuesday, November 21st. The textile maker reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.07. Caleres had a net margin of 5.57% and a return on equity of 30.46%. The business had revenue of $761.90 million during the quarter, compared to analysts’ expectations of $770.07 million. During the same quarter in the prior year, the business posted $1.15 earnings per share. Caleres’s revenue was down 4.6% compared to the same quarter last year. Sell-side analysts anticipate that Caleres, Inc. will post 4.16 EPS for the current fiscal year.

Caleres Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 5th. Stockholders of record on Thursday, December 21st were issued a $0.07 dividend. The ex-dividend date of this dividend was Wednesday, December 20th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.82%. Caleres’s dividend payout ratio (DPR) is currently 6.41%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. KeyCorp assumed coverage on shares of Caleres in a research report on Wednesday, February 7th. They issued a “sector weight” rating for the company. Piper Sandler upped their price objective on shares of Caleres from $27.00 to $30.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 22nd.

View Our Latest Report on Caleres

Caleres Profile

(Free Report)

Caleres, Inc engages in the retail and wholesale of footwear business in the United States, Canada, Eastern 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.

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Institutional Ownership by Quarter for Caleres (NYSE:CAL)

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