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

WINTON GROUP Ltd lifted its stake in Carter’s, Inc. (NYSE:CRI) by 26.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,200 shares of the textile maker’s stock after acquiring an additional 2,976 shares during the period. WINTON GROUP Ltd’s holdings in Carter’s were worth $769,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp boosted its holdings in 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 raised its position in shares of Carter’s by 2,112.5% during the fourth 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 last quarter. Venturi Wealth Management LLC lifted its stake in shares of Carter’s by 36.9% in the fourth quarter. Venturi Wealth Management LLC now owns 994 shares of the textile maker’s stock valued at $54,000 after buying an additional 268 shares during the period. AlphaQuest LLC grew its position in Carter’s by 16,314.3% during the fourth quarter. AlphaQuest LLC now owns 1,149 shares of the textile maker’s stock worth $62,000 after buying an additional 1,142 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in Carter’s by 258.0% during the fourth 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 during the period.

Carter’s Trading Down 1.9 %

CRI stock opened at $40.48 on Friday. Carter’s, Inc. has a 1-year low of $38.84 and a 1-year high of $86.24. 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 business’s 50 day moving average is $47.32 and its 200-day moving average is $54.46. The firm has a market cap of $1.46 billion, a P/E ratio of 6.43, a P/E/G ratio of 3.37 and a beta of 1.24.

Carter’s (NYSE:CRI) last announced its quarterly earnings results 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 firm had revenue of $859.70 million for the quarter, compared to analysts’ expectations of $835.82 million. Carter’s had a return on equity of 27.15% and a net margin of 8.11%. The business’s revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the business posted $2.76 earnings per share. Equities analysts anticipate that Carter’s, Inc. will post 5.15 earnings per share for the current fiscal year.

Carter’s Dividend Announcement

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

Analysts Set New Price Targets

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

Carter’s Company 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.