Carter's, Inc. (NYSE:CRI) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC reduced its holdings in Carter's, Inc. (NYSE:CRI - Free Report) by 37.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 17,295 shares of the textile maker's stock after selling 10,188 shares during the quarter. Natixis Advisors LLC's holdings in Carter's were worth $1,124,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC lifted its position 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 purchasing an additional 214 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in Carter's in the 3rd quarter valued at about $28,000. Gladius Capital Management LP bought a new stake in Carter's in the 2nd quarter valued at about $30,000. CWM LLC lifted its position in Carter's by 431.3% in the 2nd quarter. CWM LLC now owns 595 shares of the textile maker's stock valued at $37,000 after purchasing an additional 483 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its position 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 purchasing an additional 500 shares during the last quarter.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on CRI. Wells Fargo & Company cut 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 report on Monday, October 28th. Citigroup upgraded shares of Carter's from a "sell" rating to a "neutral" rating and set a $50.00 price target on the stock in a research report on Tuesday, November 12th. One analyst has rated the stock with a sell rating and seven have given a hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $67.67.

Carter's Stock Down 0.9 %

CRI stock opened at $54.77 on Wednesday. Carter's, Inc. has a 52 week low of $50.27 and a 52 week high of $88.03. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 8.69, a price-to-earnings-growth ratio of 3.32 and a beta of 1.24. The firm's 50-day moving average is $60.29 and its two-hundred day moving average is $63.13. The company has a current ratio of 2.21, a quick ratio of 0.96 and a debt-to-equity ratio of 0.60.

Carter's Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Monday, November 25th will be paid a $0.80 dividend. The ex-dividend date of this dividend is Monday, November 25th. This represents a $3.20 annualized dividend and a dividend yield of 5.84%. Carter's's dividend payout ratio is currently 50.79%.

About Carter's

Carter's, Inc, together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Little Planet, and other brands in the United States and internationally. It operates through three segments: U.S.