Aristotle Capital Boston LLC Has $24.66 Million Stock Position in Carter's, Inc. (NYSE:CRI)

Aristotle Capital Boston LLC reduced its stake in Carter's, Inc. (NYSE:CRI - Free Report) by 10.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 454,967 shares of the textile maker's stock after selling 51,241 shares during the period. Aristotle Capital Boston LLC owned approximately 1.26% of Carter's worth $24,655,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in CRI. Jones Financial Companies Lllp grew its stake in Carter's by 114.4% during the fourth quarter. Jones Financial Companies Lllp now owns 506 shares of the textile maker's stock worth $27,000 after buying an additional 270 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of 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 purchasing an additional 507 shares in the last quarter. Venturi Wealth Management LLC increased its stake in shares of Carter's by 36.9% in the 4th quarter. Venturi Wealth Management LLC now owns 994 shares of the textile maker's stock valued at $54,000 after purchasing an additional 268 shares during the last quarter. New Age Alpha Advisors LLC bought a new stake in shares of Carter's during the 4th quarter worth $54,000. Finally, AlphaQuest LLC grew its position in Carter's by 16,314.3% in the fourth quarter. AlphaQuest LLC now owns 1,149 shares of the textile maker's stock valued at $62,000 after acquiring an additional 1,142 shares during the last quarter.

Carter's Trading Down 0.0 %

Shares of NYSE:CRI traded down $0.00 during trading on Wednesday, reaching $32.78. The stock had a trading volume of 1,448,503 shares, compared to its average volume of 1,247,456. Carter's, Inc. has a 52 week low of $32.04 and a 52 week high of $72.11. The firm's fifty day moving average is $38.28 and its 200 day moving average is $48.50. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 5.20, a P/E/G ratio of 3.37 and a beta of 1.05. 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 (NYSE:CRI - Get Free Report) last posted its quarterly earnings data on Friday, April 25th. The textile maker reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.13. Carter's had a return on equity of 27.15% and a net margin of 8.11%. The firm had revenue of $291.09 million during the quarter, compared to analyst estimates of $624.86 million. During the same period last year, the company posted $0.98 EPS. The business's quarterly revenue was down 4.8% on a year-over-year basis. As a group, equities analysts forecast that Carter's, Inc. will post 5.15 EPS for the current fiscal year.

Carter's Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders 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 annualized dividend and a dividend yield of 9.76%. Carter's's dividend payout ratio is currently 70.80%.

Analysts Set New Price Targets

CRI has been the topic of a number of research analyst reports. Barclays started coverage on shares of Carter's in a research note on Monday, April 28th. They issued an "underweight" rating and a $25.00 price target on the stock. Wells Fargo & Company downgraded shares of Carter's from an "equal weight" rating to an "underweight" rating and lowered their price target for the stock from $40.00 to $25.00 in a report on Wednesday, April 30th. Citigroup lowered their target price on Carter's from $50.00 to $45.00 and set a "neutral" rating for the company in a report on Wednesday, February 26th. Finally, UBS Group lowered their price objective on Carter's from $37.00 to $32.00 and set a "neutral" rating for the company in a research note on Monday, April 28th. Three equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company's stock. According to data from MarketBeat.com, Carter's currently has an average rating of "Reduce" and an average target price of $36.20.

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.