Entropy Technologies LP Has $556,000 Holdings in Carter's, Inc. (NYSE:CRI)

Entropy Technologies LP lifted its position in Carter's, Inc. (NYSE:CRI - Free Report) by 194.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,261 shares of the textile maker's stock after acquiring an additional 6,773 shares during the quarter. Entropy Technologies LP's holdings in Carter's were worth $556,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in CRI. GAMMA Investing LLC increased its stake 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 during the period. Capital Performance Advisors LLP acquired a new position in Carter's in the 3rd quarter valued at approximately $28,000. Venturi Wealth Management LLC increased its stake in Carter's by 221.2% in the 3rd quarter. Venturi Wealth Management LLC now owns 726 shares of the textile maker's stock valued at $47,000 after buying an additional 500 shares during the period. Truvestments Capital LLC acquired a new position in Carter's in the 3rd quarter valued at approximately $74,000. Finally, KBC Group NV increased its stake in Carter's by 136.7% in the 4th quarter. KBC Group NV now owns 1,780 shares of the textile maker's stock valued at $96,000 after buying an additional 1,028 shares during the period.

Carter's Stock Up 2.6 %

Shares of CRI traded up $1.34 during mid-day trading on Friday, hitting $53.06. 1,093,974 shares of the company's stock were exchanged, compared to its average volume of 762,548. The firm has a fifty day moving average of $53.72 and a two-hundred day moving average of $58.84. Carter's, Inc. has a twelve month low of $49.65 and a twelve month high of $88.03. The stock has a market cap of $1.91 billion, a price-to-earnings ratio of 8.42, a P/E/G ratio of 3.27 and a beta of 1.21. The company has a quick ratio of 0.96, a current ratio of 2.21 and a debt-to-equity ratio of 0.60.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on CRI shares. Citigroup upgraded shares of Carter's from a "sell" rating to a "neutral" rating and set a $50.00 price objective on the stock in a research note on Tuesday, November 12th. Wells Fargo & Company dropped their price objective on shares of 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. One investment analyst has rated the stock with a sell rating and seven have issued a hold rating to the company. According to MarketBeat, Carter's presently has an average rating of "Hold" and an average price target of $67.67.

About Carter's

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.