Caprock Group LLC Has $534,000 Holdings in Carter’s, Inc. (NYSE:CRI)

Caprock Group LLC grew its holdings in Carter’s, Inc. (NYSE:CRIFree Report) by 42.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,222 shares of the textile maker’s stock after buying an additional 2,442 shares during the period. Caprock Group LLC’s holdings in Carter’s were worth $534,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. O Shaughnessy Asset Management LLC lifted its holdings in Carter’s by 173.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 17,196 shares of the textile maker’s stock valued at $1,456,000 after purchasing an additional 10,897 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Carter’s during the 1st quarter worth about $121,000. Quadrature Capital Ltd boosted its holdings in shares of Carter’s by 43.7% during the 1st quarter. Quadrature Capital Ltd now owns 11,131 shares of the textile maker’s stock worth $942,000 after buying an additional 3,383 shares during the period. LRI Investments LLC acquired a new position in Carter’s in the 1st quarter valued at about $77,000. Finally, Price T Rowe Associates Inc. MD raised its holdings in Carter’s by 35.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 42,736 shares of the textile maker’s stock valued at $3,619,000 after acquiring an additional 11,265 shares during the period.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CRI. Wells Fargo & Company reduced their price objective on Carter’s from $72.00 to $65.00 and set an “equal weight” rating for the company in a report on Monday, October 28th. Bank of America decreased their price objective on Carter’s from $65.00 to $54.00 and set an “underperform” rating on the stock in a report on Monday, July 29th. Finally, Citigroup raised shares of Carter’s from a “sell” rating to a “neutral” rating and set a $50.00 target price for the company in a research report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $67.67.

Read Our Latest Stock Report on CRI

Carter’s Stock Performance

NYSE:CRI opened at $54.00 on Friday. 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, Inc. has a fifty-two week low of $50.27 and a fifty-two week high of $88.03. The company has a market cap of $1.95 billion, a price-to-earnings ratio of 8.57, a PEG ratio of 3.13 and a beta of 1.24. The stock has a fifty day moving average price of $60.58 and a 200-day moving average price of $63.31.

Carter’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Monday, November 25th will be paid a dividend of $0.80 per share. The ex-dividend date is Monday, November 25th. This represents a $3.20 dividend on an annualized basis and a yield of 5.93%. Carter’s’s payout ratio is 50.79%.

About Carter’s

(Free Report)

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.

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Institutional Ownership by Quarter for Carter's (NYSE:CRI)

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