Virtu Financial LLC Acquires New Position in Carter's, Inc. (NYSE:CRI)

Virtu Financial LLC bought a new stake in Carter's, Inc. (NYSE:CRI - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,656 shares of the textile maker's stock, valued at approximately $692,000.

A number of other hedge funds also recently made changes to their positions in the stock. Barclays PLC grew its holdings in Carter's by 58.7% during the 3rd quarter. Barclays PLC now owns 20,077 shares of the textile maker's stock valued at $1,304,000 after purchasing an additional 7,429 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in Carter's by 2.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 17,652 shares of the textile maker's stock worth $1,147,000 after buying an additional 396 shares during the last quarter. Dean Investment Associates LLC boosted its position in Carter's by 116.5% in the 3rd quarter. Dean Investment Associates LLC now owns 62,182 shares of the textile maker's stock worth $4,041,000 after purchasing an additional 33,457 shares in the last quarter. XTX Topco Ltd increased its position in shares of Carter's by 280.1% in the third quarter. XTX Topco Ltd now owns 12,548 shares of the textile maker's stock valued at $815,000 after buying an additional 9,247 shares in the last quarter. Finally, iSAM Funds UK Ltd acquired a new position in shares of Carter's during the third quarter valued at approximately $281,000.

Carter's Price Performance

Carter's stock traded up $0.26 during mid-day trading on Friday, hitting $55.69. The company's stock had a trading volume of 1,026,875 shares, compared to its average volume of 978,935. Carter's, Inc. has a twelve month low of $50.27 and a twelve month high of $88.03. The stock has a market capitalization of $2.01 billion, a P/E ratio of 8.84, a P/E/G ratio of 3.28 and a beta of 1.23. The company has a quick ratio of 0.96, a current ratio of 2.21 and a debt-to-equity ratio of 0.60. The stock's fifty day moving average price is $57.10 and its two-hundred day moving average price is $61.93.

Carter's Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Monday, November 25th were issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 5.75%. The ex-dividend date of this dividend was Monday, November 25th. Carter's's dividend payout ratio is 50.79%.

Analysts Set New Price Targets

CRI has been the subject of a number of recent analyst reports. Wells Fargo & Company cut their price objective on Carter's from $72.00 to $65.00 and set an "equal weight" rating for the company in a research report on Monday, October 28th. 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 report on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $67.67.

Carter's Profile

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.