Carter’s, Inc. (NYSE:CRI) Shares Bought by Barclays PLC

Barclays PLC lifted its stake in shares of Carter’s, Inc. (NYSE:CRIFree Report) by 58.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 20,077 shares of the textile maker’s stock after purchasing an additional 7,429 shares during the quarter. Barclays PLC’s holdings in Carter’s were worth $1,304,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of Carter’s by 112.0% during the 3rd quarter. GAMMA Investing LLC now owns 405 shares of the textile maker’s stock worth $26,000 after purchasing an additional 214 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Carter’s during the 3rd quarter worth $28,000. Venturi Wealth Management LLC grew its stake 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 worth $47,000 after purchasing an additional 500 shares during the period. Abich Financial Wealth Management LLC grew its stake in shares of Carter’s by 67.6% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 858 shares of the textile maker’s stock worth $53,000 after purchasing an additional 346 shares during the period. Finally, Truvestments Capital LLC acquired a new position in shares of Carter’s during the 3rd quarter worth $74,000.

Wall Street Analysts Forecast Growth

CRI has been the topic of several recent research reports. 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 report on Tuesday, November 12th. Wells Fargo & Company decreased their price objective on shares of Carter’s from $72.00 to $65.00 and set an “equal weight” rating on the stock in a research report on Monday, October 28th. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. According to MarketBeat, Carter’s currently has an average rating of “Hold” and an average price target of $67.67.

Get Our Latest Report on Carter’s

Carter’s Price Performance

NYSE:CRI opened at $51.80 on Monday. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 8.22, a price-to-earnings-growth ratio of 3.28 and a beta of 1.22. The company has a current ratio of 2.21, a quick ratio of 0.96 and a debt-to-equity ratio of 0.60. The company’s 50-day moving average is $54.09 and its two-hundred day moving average is $60.30. Carter’s, Inc. has a 12-month low of $50.25 and a 12-month high of $88.03.

Carter’s Dividend Announcement

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. The ex-dividend date was Monday, November 25th. This represents a $3.20 annualized dividend and a dividend yield of 6.18%. Carter’s’s payout ratio is currently 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.

Further Reading

Want to see what other hedge funds are holding CRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Carter’s, Inc. (NYSE:CRIFree Report).

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

Receive News & Ratings for Carter's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carter's and related companies with MarketBeat.com's FREE daily email newsletter.