Boston Trust Walden Corp Boosts Stake in Carter’s, Inc. (NYSE:CRI)

Boston Trust Walden Corp increased its position in Carter’s, Inc. (NYSE:CRI) by 1.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 141,671 shares of the textile maker’s stock after purchasing an additional 1,385 shares during the period. Boston Trust Walden Corp owned 0.32% of Carter’s worth $12,922,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Brinker Capital Inc. lifted its holdings in shares of Carter’s by 6.9% in the 3rd quarter. Brinker Capital Inc. now owns 15,739 shares of the textile maker’s stock valued at $1,436,000 after purchasing an additional 1,022 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Carter’s by 21.4% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,034 shares of the textile maker’s stock valued at $277,000 after purchasing an additional 534 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Carter’s by 1.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 88,632 shares of the textile maker’s stock valued at $8,084,000 after purchasing an additional 1,572 shares during the last quarter. Cerebellum GP LLC purchased a new stake in shares of Carter’s in the 3rd quarter valued at about $128,000. Finally, State of Alaska Department of Revenue lifted its holdings in shares of Carter’s by 50.6% in the 3rd quarter. State of Alaska Department of Revenue now owns 7,957 shares of the textile maker’s stock valued at $725,000 after purchasing an additional 2,673 shares during the last quarter.

Shares of CRI stock opened at $98.67 on Wednesday. The stock has a market capitalization of $4.30 billion, a PE ratio of 15.69, a price-to-earnings-growth ratio of 1.90 and a beta of 0.90. Carter’s, Inc. has a 52-week low of $75.66 and a 52-week high of $109.71. The stock’s 50-day moving average price is $92.62 and its 200 day moving average price is $94.08. The company has a quick ratio of 0.73, a current ratio of 2.20 and a debt-to-equity ratio of 0.73.

Carter’s (NYSE:CRI) last issued its quarterly earnings results on Thursday, July 25th. The textile maker reported $0.95 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.15. The firm had revenue of $734.38 million for the quarter, compared to analysts’ expectations of $730.86 million. Carter’s had a return on equity of 34.45% and a net margin of 8.05%. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.79 EPS. Analysts expect that Carter’s, Inc. will post 6.57 earnings per share for the current fiscal year.

In related news, Director Amy Woods Brinkley sold 1,298 shares of the business’s stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $92.41, for a total value of $119,948.18. Following the transaction, the director now owns 16,468 shares in the company, valued at approximately $1,521,807.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.20% of the company’s stock.

Several equities analysts recently issued reports on the company. B. Riley set a $118.00 price target on Carter’s and gave the company a “buy” rating in a research report on Tuesday, August 20th. ValuEngine upgraded Carter’s from a “sell” rating to a “hold” rating in a research report on Friday, October 4th. Finally, DA Davidson upgraded Carter’s from a “neutral” rating to a “buy” rating and boosted their price target for the company from $91.00 to $110.00 in a research report on Wednesday, October 2nd. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Carter’s presently has a consensus rating of “Buy” and an average price target of $109.88.

About Carter’s

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, Precious Baby, Simple Joys, OshKosh B'gosh, Skip Hop, and other brands. The company operates through three segments: U.S.

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

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