WINTON GROUP Ltd Has $769,000 Stock Holdings in Carter’s, Inc. (NYSE:CRI)

WINTON GROUP Ltd increased its holdings in shares of Carter’s, Inc. (NYSE:CRI) by 26.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,200 shares of the textile maker’s stock after buying an additional 2,976 shares during the quarter. WINTON GROUP Ltd’s holdings in Carter’s were worth $769,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Jones Financial Companies Lllp increased its holdings in shares of Carter’s by 114.4% in the 4th quarter. Jones Financial Companies Lllp now owns 506 shares of the textile maker’s stock valued at $27,000 after purchasing an additional 270 shares during the period. EverSource Wealth Advisors LLC increased its stake in Carter’s by 2,112.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 531 shares of the textile maker’s stock valued at $29,000 after buying an additional 507 shares during the period. Venturi Wealth Management LLC lifted its position in Carter’s by 36.9% in the 4th quarter. Venturi Wealth Management LLC now owns 994 shares of the textile maker’s stock worth $54,000 after buying an additional 268 shares in the last quarter. AlphaQuest LLC boosted its stake in shares of Carter’s by 16,314.3% during the 4th quarter. AlphaQuest LLC now owns 1,149 shares of the textile maker’s stock valued at $62,000 after buying an additional 1,142 shares during the period. Finally, GAMMA Investing LLC grew its holdings in shares of Carter’s by 258.0% during the 4th quarter. GAMMA Investing LLC now owns 1,450 shares of the textile maker’s stock valued at $79,000 after acquiring an additional 1,045 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CRI. Citigroup reduced their price objective on Carter’s from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday, February 26th. Wells Fargo & Company reduced their price target on Carter’s from $65.00 to $48.00 and set an “equal weight” rating for the company in a report on Wednesday, February 26th. Finally, UBS Group dropped their price objective on Carter’s from $57.00 to $49.00 and set a “neutral” rating on the stock in a report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. According to data from MarketBeat, Carter’s presently has an average rating of “Hold” and a consensus target price of $49.00.

Carter’s Price Performance

NYSE CRI opened at $40.48 on Friday. Carter’s, Inc. has a fifty-two week low of $38.84 and a fifty-two week high of $86.24. The stock’s 50-day moving average is $47.32 and its two-hundred day moving average is $54.46. The firm has a market cap of $1.46 billion, a P/E ratio of 6.43, a price-to-earnings-growth ratio of 3.37 and a beta of 1.24. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.21 and a quick ratio of 0.96.

Carter’s (NYSE:CRI) last issued its quarterly earnings data on Tuesday, February 25th. The textile maker reported $2.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.52. The business had revenue of $859.70 million for the quarter, compared to the consensus estimate of $835.82 million. Carter’s had a return on equity of 27.15% and a net margin of 8.11%. The firm’s revenue was up .2% compared to the same quarter last year. During the same period last year, the business earned $2.76 EPS. On average, analysts anticipate that Carter’s, Inc. will post 5.15 earnings per share for the current fiscal year.

Carter’s Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 10th were paid a $0.80 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $3.20 dividend on an annualized basis and a yield of 7.90%. Carter’s’s payout ratio is presently 62.62%.

Carter’s Profile

Carter’s, Inc engages in the business of brand marketing of young children’s apparel. It operates through the following segments: the United States (US) Retail, US Wholesale, and International. The US Retail segment includes selling products through retail stores and ecommerce websites. The US Wholesale segment focuses on wholesale partners.