Hussman Strategic Advisors Inc. Purchases 21,000 Shares of Carter's, Inc. (NYSE:CRI)

Hussman Strategic Advisors Inc. grew its position in Carter's, Inc. (NYSE:CRI - Free Report) by 100.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,000 shares of the textile maker's stock after acquiring an additional 21,000 shares during the quarter. Hussman Strategic Advisors Inc. owned about 0.12% of Carter's worth $2,276,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Pacer Advisors Inc. raised its position in Carter's by 155.0% in the 4th quarter. Pacer Advisors Inc. now owns 2,851,079 shares of the textile maker's stock worth $154,500,000 after purchasing an additional 1,732,857 shares during the period. Verition Fund Management LLC grew its stake in shares of Carter's by 70.4% during the third quarter. Verition Fund Management LLC now owns 300,661 shares of the textile maker's stock valued at $19,537,000 after buying an additional 124,191 shares during the last quarter. Ieq Capital LLC raised its holdings in shares of Carter's by 2,799.6% in the fourth quarter. Ieq Capital LLC now owns 103,285 shares of the textile maker's stock worth $5,597,000 after buying an additional 99,723 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Carter's by 109.0% during the 4th quarter. Principal Financial Group Inc. now owns 174,814 shares of the textile maker's stock worth $9,473,000 after acquiring an additional 91,162 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its holdings in Carter's by 168.4% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 116,278 shares of the textile maker's stock valued at $6,301,000 after acquiring an additional 72,962 shares during the period.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CRI. Citigroup upgraded Carter's from a "sell" rating to a "neutral" rating and set a $50.00 target price on the stock in a research note on Tuesday, November 12th. Wells Fargo & Company reduced their price target 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 given a hold rating to the company. According to data from MarketBeat.com, Carter's has an average rating of "Hold" and a consensus target price of $67.67.

Carter's Stock Up 0.4 %

Shares of NYSE CRI traded up $0.23 during midday trading on Friday, reaching $52.10. 1,024,659 shares of the company's stock traded hands, compared to its average volume of 866,872. The company has a market cap of $1.88 billion, a price-to-earnings ratio of 8.27, a P/E/G ratio of 3.37 and a beta of 1.21. The stock's 50 day simple moving average is $53.44 and its 200-day simple moving average is $58.61. The company has a quick ratio of 0.96, a current ratio of 2.21 and a debt-to-equity ratio of 0.60. Carter's, Inc. has a one year low of $49.65 and a one year high of $88.03.

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.