Y Intercept Hong Kong Ltd Has $585,000 Position in Carter's, Inc. (NYSE:CRI)

Y Intercept Hong Kong Ltd decreased its position in Carter's, Inc. (NYSE:CRI - Free Report) by 62.1% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 8,997 shares of the textile maker's stock after selling 14,742 shares during the period. Y Intercept Hong Kong Ltd's holdings in Carter's were worth $585,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of CRI. Dean Investment Associates LLC grew its holdings in shares of Carter's by 116.5% in the 3rd quarter. Dean Investment Associates LLC now owns 62,182 shares of the textile maker's stock valued at $4,041,000 after acquiring an additional 33,457 shares in the last quarter. XTX Topco Ltd boosted its position in Carter's by 280.1% during the third quarter. XTX Topco Ltd now owns 12,548 shares of the textile maker's stock valued at $815,000 after purchasing an additional 9,247 shares during the last quarter. iSAM Funds UK Ltd bought a new position in Carter's in the third quarter valued at approximately $281,000. Wellington Management Group LLP increased its position in shares of Carter's by 4.0% during the 3rd quarter. Wellington Management Group LLP now owns 1,545,436 shares of the textile maker's stock worth $100,422,000 after purchasing an additional 60,089 shares during the last quarter. Finally, Quadrature Capital Ltd raised its stake in shares of Carter's by 5.8% during the 3rd quarter. Quadrature Capital Ltd now owns 7,619 shares of the textile maker's stock worth $495,000 after purchasing an additional 417 shares in the last quarter.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CRI. Wells Fargo & Company lowered their target price on shares of Carter's from $72.00 to $65.00 and set an "equal weight" rating on the stock in a 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 objective on the stock 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 MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $67.67.

Carter's Stock Performance

Shares of Carter's stock traded up $0.26 on Friday, hitting $55.69. The stock had a trading volume of 1,026,875 shares, compared to its average volume of 978,935. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 8.84, a price-to-earnings-growth 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. Carter's, Inc. has a twelve month low of $50.27 and a twelve month high of $88.03. The business's 50 day moving average is $57.10 and its two-hundred day moving average is $61.91.

Carter's Dividend Announcement

The firm 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. This represents a $3.20 dividend on an annualized basis and a yield of 5.75%. The ex-dividend date was Monday, November 25th. Carter's's dividend payout ratio is 50.79%.

Carter's Company 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.