Carter's, Inc. (NYSE:CRI) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. grew its stake in shares of Carter's, Inc. (NYSE:CRI - Free Report) by 10.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,895,549 shares of the textile maker's stock after purchasing an additional 366,293 shares during the quarter. Vanguard Group Inc. owned 10.81% of Carter's worth $211,100,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Jones Financial Companies Lllp grew its position in Carter's by 114.4% in the fourth quarter. Jones Financial Companies Lllp now owns 506 shares of the textile maker's stock valued at $27,000 after acquiring an additional 270 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Carter's by 2,112.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 531 shares of the textile maker's stock valued at $29,000 after purchasing an additional 507 shares in the last quarter. Venturi Wealth Management LLC grew its holdings in Carter's by 36.9% during the 4th quarter. Venturi Wealth Management LLC now owns 994 shares of the textile maker's stock valued at $54,000 after purchasing an additional 268 shares in the last quarter. AlphaQuest LLC increased its stake in Carter's by 16,314.3% during the 4th quarter. AlphaQuest LLC now owns 1,149 shares of the textile maker's stock worth $62,000 after buying an additional 1,142 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in Carter's by 258.0% in the 4th quarter. GAMMA Investing LLC now owns 1,450 shares of the textile maker's stock worth $79,000 after buying an additional 1,045 shares in the last quarter.

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Carter's Stock Performance

Shares of CRI traded down $2.04 during mid-day trading on Thursday, hitting $36.94. The stock had a trading volume of 1,815,523 shares, compared to its average volume of 1,189,993. Carter's, Inc. has a fifty-two week low of $32.12 and a fifty-two week high of $75.11. The company has a quick ratio of 0.96, a current ratio of 2.21 and a debt-to-equity ratio of 0.60. The company has a market cap of $1.33 billion, a PE ratio of 5.86, a PEG ratio of 3.37 and a beta of 1.09. The company's fifty day simple moving average is $43.69 and its two-hundred day simple moving average is $52.16.

Carter's (NYSE:CRI - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The textile maker reported $2.39 EPS for the quarter, topping analysts' consensus estimates of $1.87 by $0.52. The firm had revenue of $859.70 million during the quarter, compared to the consensus estimate of $835.82 million. Carter's had a net margin of 8.11% and a return on equity of 27.15%. The firm's revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.76 earnings per share. On average, equities analysts expect that Carter's, Inc. will post 5.15 earnings per share for the current year.

Carter's Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 10th were paid a dividend of $0.80 per share. The ex-dividend date was Monday, March 10th. This represents a $3.20 annualized dividend and a yield of 8.66%. Carter's's dividend payout ratio (DPR) is 62.62%.

Analyst Ratings Changes

A number of equities analysts have issued reports on CRI shares. UBS Group cut their target price on Carter's from $57.00 to $49.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 26th. Wells Fargo & Company cut their price target on shares of Carter's from $65.00 to $48.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 26th. Finally, Citigroup reduced their price objective on shares of Carter's from $50.00 to $45.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 26th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat.com, Carter's currently has an average rating of "Hold" and a consensus target price of $49.00.

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.