13,337 Shares in Carter's, Inc. (NYSE:CRI) Acquired by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new position in shares of Carter's, Inc. (NYSE:CRI - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,337 shares of the textile maker's stock, valued at approximately $723,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pathstone Holdings LLC boosted its stake in Carter's by 6.3% in the 3rd quarter. Pathstone Holdings LLC now owns 24,748 shares of the textile maker's stock valued at $1,608,000 after purchasing an additional 1,474 shares during the period. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Carter's in the third quarter valued at about $1,046,000. Charles Schwab Investment Management Inc. grew its stake in shares of Carter's by 3.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,171,810 shares of the textile maker's stock valued at $76,144,000 after acquiring an additional 42,589 shares in the last quarter. Cerity Partners LLC increased its position in Carter's by 50.7% during the third quarter. Cerity Partners LLC now owns 17,941 shares of the textile maker's stock worth $1,166,000 after acquiring an additional 6,038 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Carter's in the 3rd quarter worth about $683,000.

Carter's Price Performance

NYSE:CRI traded down $0.86 during mid-day trading on Tuesday, reaching $41.75. The stock had a trading volume of 1,309,978 shares, compared to its average volume of 1,105,880. The stock has a 50-day simple moving average of $48.07 and a two-hundred day simple moving average of $54.95. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.21 and a quick ratio of 0.96. Carter's, Inc. has a 12 month low of $38.84 and a 12 month high of $86.24. The stock has a market capitalization of $1.50 billion, a PE ratio of 6.63, a P/E/G ratio of 3.37 and a beta of 1.24.

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Carter's (NYSE:CRI - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The textile maker reported $2.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.52. The company had revenue of $859.70 million for the quarter, compared to analyst estimates 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 period in the previous year, the firm posted $2.76 EPS. On average, equities analysts anticipate that Carter's, Inc. will post 5.15 earnings per share for the current year.

Carter's Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 10th will be issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 7.66%. The ex-dividend date of this dividend is Monday, March 10th. Carter's's dividend payout ratio (DPR) is 62.62%.

Wall Street Analysts Forecast Growth

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

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.