1 week Ago By ABMN Staff
Foundry Partners LLC lifted its stake in shares of Carter’s, Inc. ( NYSE:CRI – Free Report ) by 16.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor owned 5,226 shares of the textile maker’s stock after purchasing an additional 754 shares during the period. Foundry Partners LLC’s holdings in Carter’s were worth $324,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds have also recently modified their holdings of the company.
O Shaughnessy Asset Management LLC increased its stake in Carter’s by 173.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 17,196 shares of the textile maker’s stock worth $1,456,000 after buying an additional 10,897 shares in the last quarter.
Quest Partners LLC purchased a new stake in shares of Carter’s during the fourth quarter worth approximately $291,000. Price T Rowe Associates Inc. MD raised its stake in Carter’s by 35.
8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 42,736 shares of the textile maker’s stock valued at $3,619,000 after purchasing an additional 11,265 shares during the last quarter.
Mitsubishi UFJ Trust & Banking Corp lifted its holdings in Carter’s by 86.7% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 20,019 shares of the textile maker’s stock valued at $1,714,000 after purchasing an additional 9,295 shares in the last quarter.
Finally, Allspring Global Investments Holdings LLC lifted its holdings in Carter’s by 2,145.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 34,580 shares of the textile maker’s stock valued at $2,928,000 after purchasing an additional 33,040 shares in the last quarter.
Analysts Set New Price Targets Separately, Bank of America reduced their target price on shares of Carter’s from $65.00 to $54.00 and set an “underperform” rating for the company in a research report on Monday, July 29th.
Two analysts have rated the stock with a sell rating and six have issued a hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $70.
50. Carter’s Trading Up 0.8 % Shares of CRI stock opened at $67.
81 on Friday. The company has a current ratio of 2.09, a quick ratio of 0.
95 and a debt-to-equity ratio of 0.61. Carter’s, Inc.
has a twelve month low of $54.74 and a twelve month high of $88.03.
The company’s 50-day moving average price is $62.90 and its 200-day moving average price is $69.79.
The stock has a market cap of $2.47 billion, a price-to-earnings ratio of 10.70, a PEG ratio of 4.
16 and a beta of 1.22. Carter’s ( NYSE:CRI – Get Free Report ) last posted its earnings results on Friday, July 26th.
The textile maker reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.
31. The company had revenue of $564.43 million for the quarter, compared to analyst estimates of $566.
79 million. Carter’s had a net margin of 8.29% and a return on equity of 28.
65%. As a group, equities analysts predict that Carter’s, Inc. will post 4.
9 earnings per share for the current year. Carter’s Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, September 13th. Shareholders of record on Tuesday, August 27th will be given a $0.
80 dividend. The ex-dividend date of this dividend is Tuesday, August 27th. This represents a $3.
20 dividend on an annualized basis and a yield of 4.72%. Carter’s’s dividend payout ratio is currently 50.
47%. 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. See Also 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.
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