Carter’s, Inc. (CRI) Holdings Lifted by Dupont Capital Management Corp

Dupont Capital Management Corp grew its position in Carter’s, Inc. (NYSE:CRI) by 90.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,175 shares of the textile maker’s stock after buying an additional 33,805 shares during the quarter. Dupont Capital Management Corp owned approximately 0.16% of Carter’s worth $7,018,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the business. Locust Wood Capital Advisers LLC purchased a new stake in shares of Carter’s in the third quarter worth approximately $13,980,000. Janney Montgomery Scott LLC purchased a new stake in shares of Carter’s in the third quarter worth approximately $318,000. New Amsterdam Partners LLC NY purchased a new stake in shares of Carter’s in the third quarter worth approximately $2,352,000. Los Angeles Capital Management & Equity Research Inc. lifted its position in shares of Carter’s by 30.4% in the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 21,802 shares of the textile maker’s stock worth $2,150,000 after purchasing an additional 5,080 shares in the last quarter. Finally, Virginia Retirement Systems ET AL lifted its position in shares of Carter’s by 11.8% in the third quarter. Virginia Retirement Systems ET AL now owns 15,200 shares of the textile maker’s stock worth $1,499,000 after purchasing an additional 1,600 shares in the last quarter. Institutional investors own 94.81% of the company’s stock.

In other Carter’s news, Chairman Michael Dennis Casey sold 25,000 shares of the stock in a transaction that occurred on Monday, October 29th. The stock was sold at an average price of $97.76, for a total transaction of $2,444,000.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director David Pulver purchased 7,500 shares of the stock in a transaction on Thursday, September 6th. The shares were bought at an average price of $98.55 per share, for a total transaction of $739,125.00. Following the acquisition, the director now owns 63,517 shares of the company’s stock, valued at $6,259,600.35. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 57,835 shares of company stock worth $5,643,925. Insiders own 3.30% of the company’s stock.

Shares of CRI opened at $96.98 on Friday. The company has a market cap of $4.36 billion, a P/E ratio of 16.38, a price-to-earnings-growth ratio of 1.93 and a beta of 0.57. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.49 and a current ratio of 3.67. Carter’s, Inc. has a twelve month low of $88.98 and a twelve month high of $129.00.

Carter’s (NYSE:CRI) last issued its quarterly earnings data on Thursday, October 25th. The textile maker reported $1.61 earnings per share for the quarter, missing the consensus estimate of $1.73 by ($0.12). The business had revenue of $923.91 million for the quarter, compared to the consensus estimate of $940.87 million. Carter’s had a net margin of 8.44% and a return on equity of 33.05%. Analysts predict that Carter’s, Inc. will post 6.04 earnings per share for the current year.

A number of research firms have recently issued reports on CRI. Cowen set a $95.00 price target on shares of Carter’s and gave the stock a “hold” rating in a research report on Thursday, October 18th. Zacks Investment Research lowered shares of Carter’s from a “hold” rating to a “sell” rating in a research report on Tuesday, October 23rd. B. Riley began coverage on shares of Carter’s in a research report on Tuesday, October 30th. They issued a “market perform” rating and a $104.00 price target for the company. TheStreet lowered shares of Carter’s from a “b” rating to a “c+” rating in a research report on Thursday, October 25th. Finally, ValuEngine lowered shares of Carter’s from a “buy” rating to a “hold” rating in a research report on Thursday, July 26th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $113.30.

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Carter’s Profile

Carter's, Inc, together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, Child of Mine, Just One You, Precious Firsts, Simple Joys, OshKosh, Skip Hop, and other brands. The company operates through three segments: U.S. Retail, U.S. Wholesale, and International.

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

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