Boston Trust Walden Corp Sells 131,133 Shares of Carter's, Inc. (NYSE:CRI)

Boston Trust Walden Corp lessened its stake in shares of Carter's, Inc. (NYSE:CRI - Free Report) by 20.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 512,211 shares of the textile maker's stock after selling 131,133 shares during the quarter. Boston Trust Walden Corp owned 1.42% of Carter's worth $27,757,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CRI. GAMMA Investing LLC grew its stake in Carter's by 112.0% during the 3rd quarter. GAMMA Investing LLC now owns 405 shares of the textile maker's stock valued at $26,000 after purchasing an additional 214 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in Carter's during the third quarter worth about $28,000. Venturi Wealth Management LLC lifted its holdings in shares of Carter's by 221.2% in the 3rd quarter. Venturi Wealth Management LLC now owns 726 shares of the textile maker's stock worth $47,000 after purchasing an additional 500 shares during the last quarter. Truvestments Capital LLC bought a new stake in Carter's in the third quarter valued at $74,000. Finally, KBC Group NV boosted its stake in Carter's by 136.7% during the 4th quarter. KBC Group NV now owns 1,780 shares of the textile maker's stock valued at $96,000 after purchasing an additional 1,028 shares during the period.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CRI. Citigroup upgraded Carter's from a "sell" rating to a "neutral" rating and set a $50.00 price target for the company in a research report on Tuesday, November 12th. Wells Fargo & Company dropped their price target on Carter's from $72.00 to $65.00 and set an "equal weight" rating on the stock in a report on Monday, October 28th. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company's stock. According to data from MarketBeat.com, Carter's has an average rating of "Hold" and a consensus price target of $67.67.

Carter's Stock Down 0.2 %

Carter's stock traded down $0.12 during mid-day trading on Friday, hitting $50.33. The company's stock had a trading volume of 963,179 shares, compared to its average volume of 840,995. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.21 and a quick ratio of 0.96. The company has a market cap of $1.81 billion, a PE ratio of 7.99, a price-to-earnings-growth ratio of 3.50 and a beta of 1.21. The firm's 50 day moving average is $54.10 and its 200 day moving average is $59.12. Carter's, Inc. has a 52-week low of $49.67 and a 52-week high of $88.03.

Carter's Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Monday, November 25th were paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 6.36%. The ex-dividend date of this dividend was Monday, November 25th. Carter's's dividend payout ratio (DPR) is presently 50.79%.

Carter's Profile

Carter's, Inc engages in the business of brand marketing of young children's apparel. It operates through the following segments: the United States (US) Retail, US Wholesale, and International. The US Retail segment includes selling products through retail stores and ecommerce websites. The US Wholesale segment focuses on wholesale partners.