2 weeks Ago By Defense World Staff
Dimensional Fund Advisors LP increased its position in shares of Carter’s, Inc. ( NYSE:CRI – Free Report ) by 11.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission.
The fund owned 1,062,890 shares of the textile maker’s stock after buying an additional 112,947 shares during the quarter. Dimensional Fund Advisors LP owned about 2.91% of Carter’s worth $65,868,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. State of Michigan Retirement System raised its stake in shares of Carter’s by 2.3% during the 1st quarter.
State of Michigan Retirement System now owns 9,029 shares of the textile maker’s stock worth $765,000 after buying an additional 200 shares in the last quarter. Quantbot Technologies LP raised its stake in shares of Carter’s by 2.3% in the 1st quarter.
Quantbot Technologies LP now owns 13,178 shares of the textile maker’s stock valued at $1,116,000 after acquiring an additional 302 shares during the period. Dean Capital Management grew its stake in shares of Carter’s by 2.3% in the fourth quarter.
Dean Capital Management now owns 15,762 shares of the textile maker’s stock valued at $1,180,000 after buying an additional 356 shares in the last quarter. Texas Permanent School Fund Corp boosted its stake in shares of Carter’s by 1.4% in the first quarter.
Texas Permanent School Fund Corp now owns 32,229 shares of the textile maker’s stock valued at $2,729,000 after purchasing an additional 432 shares during the period. Finally, CWM LLC boosted its holdings in Carter’s by 431.3% in the second quarter.
CWM LLC now owns 595 shares of the textile maker’s stock valued at $37,000 after purchasing an additional 483 shares during the last quarter. Wall Street Analyst Weigh In CRI has been the topic of a number of recent analyst reports. Bank of America cut their target price on shares of Carter’s from $65.
00 to $54.00 and set an “underperform” rating on the stock in a research note on Monday, July 29th. Wells Fargo & Company upped their target price on shares of Carter’s from $60.
00 to $72.00 and gave the stock an “equal weight” rating in a research report on Monday, September 9th. Two investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company.
According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $71.17. Carter’s Trading Down 0.
0 % Shares of CRI stock opened at $66.66 on Friday. The company has a debt-to-equity ratio of 0.
61, a quick ratio of 0.95 and a current ratio of 2.09.
The firm has a fifty day moving average of $64.91 and a 200-day moving average of $68.48.
The stock has a market cap of $2.43 billion, a price-to-earnings ratio of 10.51, a P/E/G ratio of 4.
19 and a beta of 1.23. Carter’s, Inc.
has a 52-week low of $54.74 and a 52-week high of $88.03.
Carter’s ( NYSE:CRI – Get Free Report ) last announced its earnings results on Friday, July 26th. The textile maker reported $0.76 EPS for the quarter, topping the consensus estimate of $0.
45 by $0.31. Carter’s had a return on equity of 28.
65% and a net margin of 8.29%. The business had revenue of $564.
43 million for the quarter, compared to the consensus estimate of $566.79 million. On average, equities research analysts forecast that Carter’s, Inc.
will post 4.9 earnings per share for the current fiscal year. Carter’s Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Friday, September 13th.
Investors of record on Tuesday, August 27th were issued a $0.80 dividend. This represents a $3.
20 annualized dividend and a yield of 4.80%. The ex-dividend date of this dividend was Tuesday, August 27th.
Carter’s’s dividend payout ratio is 50.47%. About Carter’s ( 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. See Also Five stocks we like better than Carter’s The Basics of Support and Resistance Can Costco Stock Hit New Highs as Interest Rates Drop? What Are the U.
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