Robeco Institutional Asset Management B.V. Buys 72,962 Shares of Carter's, Inc. (NYSE:CRI)

Robeco Institutional Asset Management B.V. grew its holdings in Carter's, Inc. (NYSE:CRI - Free Report) by 168.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 116,278 shares of the textile maker's stock after purchasing an additional 72,962 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.32% of Carter's worth $6,301,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. GAMMA Investing LLC raised its position in shares of 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 acquired a new position in shares of Carter's in the 3rd quarter valued at $28,000. Venturi Wealth Management LLC grew its position in shares of Carter's by 221.2% during the 3rd quarter. Venturi Wealth Management LLC now owns 726 shares of the textile maker's stock valued at $47,000 after acquiring an additional 500 shares during the period. Truvestments Capital LLC purchased a new stake in shares of Carter's in the third quarter valued at approximately $74,000. Finally, KBC Group NV raised its position in Carter's by 136.7% during the fourth quarter. KBC Group NV now owns 1,780 shares of the textile maker's stock worth $96,000 after acquiring an additional 1,028 shares during the period.

Carter's Trading Down 1.0 %

Carter's stock traded down $0.49 during trading on Wednesday, reaching $50.71. The company had a trading volume of 722,759 shares, compared to its average volume of 841,194. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.96 and a current ratio of 2.21. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 8.05, a PEG ratio of 3.50 and a beta of 1.21. The stock's 50 day moving average price is $54.28 and its two-hundred day moving average price is $59.26. Carter's, Inc. has a 12-month low of $50.11 and a 12-month high of $88.03.

Carter's Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 25th were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 6.31%. The ex-dividend date of this dividend was Monday, November 25th. Carter's's dividend payout ratio is presently 50.79%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on CRI shares. Citigroup raised shares of 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 decreased their price target on 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 research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. Based on data from MarketBeat.com, Carter's has an average rating of "Hold" and a consensus price target of $67.67.

Carter's Company 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.