Caleres, Inc. (NYSE:CAL) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its holdings in Caleres, Inc. (NYSE:CAL) by 8.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 about 6.10% of Caleres worth $47,475,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of CAL. Barclays PLC increased its holdings in Caleres by 108.8% during the 3rd 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 during the period. Empowered Funds LLC raised its holdings in Caleres by 314.6% in the fourth quarter. Empowered Funds LLC now owns 156,312 shares of the textile maker’s stock valued at $3,620,000 after acquiring an additional 118,611 shares in the last quarter. Invesco Ltd. lifted its stake in Caleres by 48.6% in the fourth 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 during the last quarter. Vanguard Group Inc. grew its holdings in 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 acquiring an additional 50,041 shares in the last quarter. Finally, Victory Capital Management Inc. increased its position in shares of Caleres by 50.8% in the 4th quarter. Victory Capital Management Inc. now owns 115,443 shares of the textile maker’s stock valued at $2,674,000 after purchasing an additional 38,866 shares during the last quarter. Hedge funds and other institutional investors own 98.44% of the company’s stock.

Caleres Trading Up 3.8 %

Shares of Caleres stock opened at $15.92 on Friday. The company has a fifty day simple moving average of $16.16 and a 200-day simple moving average of $21.68. The stock has a market cap of $535.10 million, a price-to-earnings ratio of 3.55 and a beta of 1.42. Caleres, Inc. has a 12-month low of $14.25 and a 12-month high of $44.51.

Caleres (NYSE:CAL) last issued its quarterly earnings data on Thursday, March 20th. The textile maker reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.06. Caleres had a return on equity of 22.71% and a net margin of 5.69%. The company had revenue of $639.20 million for the quarter, compared to analyst estimates of $645.79 million. During the same quarter last year, the company posted $0.86 earnings per share. The business’s quarterly revenue was down 8.3% compared to the same quarter last year. On average, analysts forecast that Caleres, Inc. will post 3.23 earnings per share for the current fiscal year.

Caleres Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, March 27th were paid a $0.07 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.28 dividend on an annualized basis and a yield of 1.76%. Caleres’s dividend payout ratio is presently 9.12%.

Insider Activity

In other news, Director Lori Greeley bought 9,000 shares of Caleres 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 of the company’s stock, valued at approximately $177,700. The trade was a 900.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 4.10% of the company’s stock.

Analyst Ratings Changes

Separately, Loop Capital decreased their price target on Caleres from $17.00 to $16.00 and set a “hold” rating for the company in a report on Friday, April 4th.

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.