Captrust Financial Advisors acquired a new stake in shares of Carter’s, Inc. (NYSE:CRI – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 3,555 shares of the textile maker’s stock, valued at approximately $231,000.
Other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC increased its position in Carter’s by 112.0% in the 3rd quarter. GAMMA Investing LLC now owns 405 shares of the textile maker’s stock valued at $26,000 after buying an additional 214 shares in the last quarter. Covestor Ltd increased its holdings in Carter’s by 15.3% during the 3rd quarter. Covestor Ltd now owns 2,031 shares of the textile maker’s stock worth $132,000 after purchasing an additional 270 shares in the last quarter. Abich Financial Wealth Management LLC increased its holdings in Carter’s by 67.6% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 858 shares of the textile maker’s stock worth $53,000 after purchasing an additional 346 shares in the last quarter. State of New Jersey Common Pension Fund D increased its holdings in Carter’s by 1.3% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 29,080 shares of the textile maker’s stock worth $1,890,000 after purchasing an additional 383 shares in the last quarter. Finally, nVerses Capital LLC increased its holdings in Carter’s by 20.0% during the 3rd quarter. nVerses Capital LLC now owns 2,400 shares of the textile maker’s stock worth $156,000 after purchasing an additional 400 shares in the last quarter.
Analyst Upgrades and Downgrades
CRI has been the topic of several research analyst reports. Wells Fargo & Company dropped their price objective on Carter’s from $72.00 to $65.00 and set an “equal weight” rating on the stock in a research note on Monday, October 28th. Citigroup raised shares of Carter’s from a “sell” rating to a “neutral” rating and set a $50.00 price target on the stock in a report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $67.67.
Read Our Latest Analysis on Carter’s
Carter’s Stock Performance
Carter’s stock opened at $55.69 on Monday. The stock’s 50 day simple moving average is $57.10 and its two-hundred day simple moving average is $61.91. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.96 and a current ratio of 2.21. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 8.84, a PEG ratio of 3.28 and a beta of 1.23. Carter’s, Inc. has a fifty-two week low of $50.27 and a fifty-two week high of $88.03.
Carter’s Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Monday, November 25th were given a $0.80 dividend. The ex-dividend date of this dividend was Monday, November 25th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 5.75%. Carter’s’s dividend payout ratio is currently 50.79%.
Carter’s Profile
(Free Report)
Carter’s, Inc, together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter’s, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Little Planet, and other brands in the United States and internationally. It operates through three segments: U.S.
Featured Stories
Want to see what other hedge funds are holding CRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Carter’s, Inc. (NYSE:CRI – Free Report).
Receive News & Ratings for Carter’s Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Carter’s and related companies with MarketBeat.com’s FREE daily email newsletter.
