XTX Topco Ltd Grows Stock Position in Carter's, Inc. (NYSE:CRI)

XTX Topco Ltd boosted its stake in shares of Carter's, Inc. (NYSE:CRI - Free Report) by 280.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,548 shares of the textile maker's stock after purchasing an additional 9,247 shares during the quarter. XTX Topco Ltd's holdings in Carter's were worth $815,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Dynamic Technology Lab Private Ltd acquired a new position in shares of Carter's during the third quarter worth $683,000. SG Americas Securities LLC acquired a new position in Carter's during the 2nd quarter valued at about $671,000. Easterly Investment Partners LLC raised its stake in Carter's by 25.2% in the second quarter. Easterly Investment Partners LLC now owns 27,227 shares of the textile maker's stock valued at $1,687,000 after buying an additional 5,484 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its holdings in Carter's by 79.3% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 152,560 shares of the textile maker's stock worth $9,913,000 after acquiring an additional 67,460 shares in the last quarter. Finally, Harbor Capital Advisors Inc. grew its stake in shares of Carter's by 48.6% during the third quarter. Harbor Capital Advisors Inc. now owns 81,435 shares of the textile maker's stock worth $5,292,000 after acquiring an additional 26,650 shares during the last quarter.

Analysts Set New Price Targets

A number of research analysts have issued reports on CRI shares. Wells Fargo & Company cut 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. Citigroup upgraded Carter's from a "sell" rating to a "neutral" rating and set a $50.00 target price for the company in a research note on Tuesday, November 12th. 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 currently has a consensus rating of "Hold" and an average target price of $67.67.

Carter's Stock Performance

Carter's stock traded up $0.88 during midday trading on Thursday, hitting $55.43. 939,956 shares of the company were exchanged, compared to its average volume of 978,736. The firm has a market capitalization of $2.00 billion, a PE ratio of 8.66, a price-to-earnings-growth ratio of 3.30 and a beta of 1.23. Carter's, Inc. has a fifty-two week low of $50.27 and a fifty-two week high of $88.03. The business has a fifty day simple moving average of $57.47 and a two-hundred day simple moving average of $62.07. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.96 and a current ratio of 2.21.

Carter's Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Monday, November 25th were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Monday, November 25th. This represents a $3.20 annualized dividend and a yield of 5.77%. Carter's's dividend payout ratio is presently 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.