Free Trial

Carter's, Inc. (NYSE:CRI) Stock Holdings Raised by Robeco Institutional Asset Management B.V.

Carter's logo with Consumer Discretionary background

Robeco Institutional Asset Management B.V. grew its stake in Carter's, Inc. (NYSE:CRI - Free Report) by 8.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 126,606 shares of the textile maker's stock after purchasing an additional 10,328 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.35% of Carter's worth $5,178,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. increased its holdings in Carter's by 10.4% in the fourth quarter. Vanguard Group Inc. now owns 3,895,549 shares of the textile maker's stock valued at $211,100,000 after buying an additional 366,293 shares during the last quarter. RWWM Inc. grew its position in shares of Carter's by 145.3% in the 1st quarter. RWWM Inc. now owns 2,190,482 shares of the textile maker's stock worth $89,591,000 after acquiring an additional 1,297,607 shares in the last quarter. First Trust Advisors LP grew its position in shares of Carter's by 33.3% in the 4th quarter. First Trust Advisors LP now owns 1,919,953 shares of the textile maker's stock worth $104,042,000 after acquiring an additional 479,961 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Carter's by 124.4% in the 4th quarter. AQR Capital Management LLC now owns 1,739,522 shares of the textile maker's stock valued at $93,134,000 after acquiring an additional 964,494 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Carter's by 13.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,248,489 shares of the textile maker's stock valued at $67,651,000 after acquiring an additional 149,058 shares during the last quarter.

Analyst Ratings Changes

Several equities analysts recently issued reports on CRI shares. Wells Fargo & Company raised their price objective on Carter's from $25.00 to $28.00 and gave the stock an "underweight" rating in a research note on Wednesday, May 14th. Barclays started coverage on shares of Carter's in a report on Monday, April 28th. They set an "underweight" rating and a $25.00 target price on the stock. Finally, UBS Group reduced their price target 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. Three equities research analysts have rated the stock with a sell rating and two have given a hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus price target of $36.80.

Check Out Our Latest Stock Report on CRI

Carter's Stock Up 0.4%

NYSE:CRI opened at $30.18 on Tuesday. The company has a current ratio of 2.56, a quick ratio of 1.40 and a debt-to-equity ratio of 0.59. The stock has a 50 day moving average of $32.89 and a 200-day moving average of $42.16. The firm has a market capitalization of $1.10 billion, a PE ratio of 6.68 and a beta of 1.00. Carter's, Inc. has a 52 week low of $29.36 and a 52 week high of $71.99.

Carter's (NYSE:CRI - Get Free Report) last issued its quarterly earnings data on Friday, April 25th. The textile maker reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $0.13. Carter's had a return on equity of 23.50% and a net margin of 5.80%. The firm had revenue of $291.09 million during the quarter, compared to the consensus estimate of $624.86 million. During the same period in the prior year, the business earned $0.98 EPS. The firm's revenue was down 4.8% on a year-over-year basis. Analysts predict that Carter's, Inc. will post 5.15 EPS for the current year.

Carter's Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 20th. Investors of record on Tuesday, June 3rd were issued a $0.25 dividend. This represents a dividend yield of 3.19%. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from Carter's's previous dividend of $0.22. Carter's's dividend payout ratio (DPR) is 22.12%.

About Carter's

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding CRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Carter's, Inc. (NYSE:CRI - Free Report).

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Carter's Right Now?

Before you consider Carter's, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Carter's wasn't on the list.

While Carter's currently has a Strong Sell rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Defense Stocks Under $10 With Massive Upside
NVIDIA: Another 200% Growth Ahead? (PLUS 2 Companies Riding Along)
3 Rising Stocks You’ll Want on Your Watchlist

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines