Eisler Capital Management Ltd. Takes $783,000 Position in Carter's, Inc. (NYSE:CRI)

Eisler Capital Management Ltd. purchased a new stake in Carter's, Inc. (NYSE:CRI - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 14,558 shares of the textile maker's stock, valued at approximately $783,000.

Other large investors also recently modified their holdings of the company. Pacer Advisors Inc. boosted its holdings in Carter's by 155.0% in the fourth quarter. Pacer Advisors Inc. now owns 2,851,079 shares of the textile maker's stock valued at $154,500,000 after acquiring an additional 1,732,857 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Carter's by 124.4% during the fourth quarter. AQR Capital Management LLC now owns 1,739,522 shares of the textile maker's stock worth $93,134,000 after buying an additional 964,494 shares during the period. D. E. Shaw & Co. Inc. raised its stake in Carter's by 108.0% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,126,468 shares of the textile maker's stock worth $61,043,000 after buying an additional 584,850 shares during the last quarter. First Trust Advisors LP lifted its holdings in Carter's by 33.3% in the fourth quarter. First Trust Advisors LP now owns 1,919,953 shares of the textile maker's stock valued at $104,042,000 after buying an additional 479,961 shares during the period. Finally, Vanguard Group Inc. boosted its position in Carter's by 10.4% during the fourth quarter. Vanguard Group Inc. now owns 3,895,549 shares of the textile maker's stock valued at $211,100,000 after acquiring an additional 366,293 shares during the last quarter.

Carter's Price Performance

NYSE:CRI traded up $0.41 during mid-day trading on Thursday, hitting $36.12. 1,207,946 shares of the stock traded hands, compared to its average volume of 1,266,482. The business's 50-day moving average price is $37.50 and its 200 day moving average price is $47.38. The company has a quick ratio of 0.96, a current ratio of 2.21 and a debt-to-equity ratio of 0.60. The company has a market cap of $1.32 billion, a PE ratio of 5.74, a price-to-earnings-growth ratio of 3.37 and a beta of 1.05. Carter's, Inc. has a 12-month low of $32.04 and a 12-month high of $71.99.

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, beating the consensus estimate of $0.53 by $0.13. Carter's had a net margin of 8.11% and a return on equity of 27.15%. The firm had revenue of $291.09 million for the quarter, compared to analysts' expectations of $624.86 million. During the same quarter last year, the company posted $0.98 EPS. The business's quarterly revenue was down 4.8% on a year-over-year basis. On average, analysts expect that Carter's, Inc. will post 5.15 EPS for the current fiscal year.

Carter's Dividend Announcement

The firm also recently announced 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. The ex-dividend date was Monday, March 10th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 8.86%. Carter's's dividend payout ratio is presently 70.80%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CRI. Barclays initiated coverage on shares of Carter's in a research note on Monday, April 28th. They issued an "underweight" rating and a $25.00 price objective for the company. UBS Group cut their price objective on shares of Carter's from $37.00 to $32.00 and set a "neutral" rating on the stock in a research report on Monday, April 28th. Citigroup decreased their target price 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. Finally, Wells Fargo & Company increased their price target on Carter's from $25.00 to $28.00 and gave the stock an "underweight" rating in a report on Wednesday. Three equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and a consensus target price of $36.80.

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.