32,158 Shares in Carter’s, Inc. (NYSE:CRI) Purchased by Trexquant Investment LP

Trexquant Investment LP acquired a new position in shares of Carter’s, Inc. (NYSE:CRI) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 32,158 shares of the textile maker’s stock, valued at approximately $2,408,000. Trexquant Investment LP owned 0.09% of Carter’s as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. grew its position in Carter’s by 28.6% in the 4th quarter. Blue Trust Inc. now owns 630 shares of the textile maker’s stock worth $44,000 after purchasing an additional 140 shares during the last quarter. Stevens Capital Management LP bought a new position in Carter’s in the 4th quarter worth about $204,000. Seven Eight Capital LP bought a new position in Carter’s in the 3rd quarter worth about $234,000. Campbell & CO Investment Adviser LLC bought a new position in Carter’s in the 3rd quarter worth about $236,000. Finally, Vanguard Personalized Indexing Management LLC bought a new position in Carter’s in the 4th quarter worth about $246,000.

Insiders Place Their Bets

In other Carter’s news, Director Mark Hipp sold 1,875 shares of Carter’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $81.74, for a total value of $153,262.50. Following the transaction, the director now owns 10,216 shares in the company, valued at $835,055.84. The transaction was disclosed in a document filed with the SEC, which is available at this link. 3.30% of the stock is currently owned by company insiders.

Carter’s Trading Up 0.8 %

Carter’s stock opened at $65.91 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.30 and a current ratio of 2.43. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 10.40, a price-to-earnings-growth ratio of 3.24 and a beta of 1.32. Carter’s, Inc. has a 1 year low of $60.65 and a 1 year high of $88.03. The firm’s 50 day moving average price is $74.17 and its two-hundred day moving average price is $75.12.

Carter’s (NYSE:CRI) last posted its quarterly earnings results on Friday, April 26th. The textile maker reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.33. The firm had revenue of $661.49 million for the quarter, compared to analyst estimates of $633.05 million. Carter’s had a net margin of 8.06% and a return on equity of 28.55%. On average, research analysts predict that Carter’s, Inc. will post 6.3 EPS for the current fiscal year.

Carter’s Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Tuesday, May 28th will be given a $0.80 dividend. The ex-dividend date is Friday, May 24th. This represents a $3.20 annualized dividend and a yield of 4.86%. Carter’s’s dividend payout ratio (DPR) is 50.47%.

Wall Street Analyst Weigh In

Several research firms have commented on CRI. Wedbush upped their target price on shares of Carter’s from $67.00 to $78.00 and gave the stock a “neutral” rating in a research report on Friday, February 23rd. Citigroup lowered their price objective on shares of Carter’s from $66.00 to $64.00 and set a “sell” rating on the stock in a research note on Thursday, April 18th. StockNews.com lowered shares of Carter’s from a “buy” rating to a “hold” rating in a research note on Wednesday, April 10th. Evercore ISI raised their price objective on shares of Carter’s from $70.00 to $80.00 and gave the company an “in-line” rating in a research note on Wednesday, February 28th. Finally, UBS Group raised their price objective on shares of Carter’s from $76.00 to $79.00 and gave the company a “neutral” rating in a research note on Wednesday, February 28th. One analyst has rated the stock with a sell rating and six have given a hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $73.80.

Carter’s Profile

Carter's, Inc, together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Little Planet, and other brands in the United States and internationally. It operates through three segments: U.S.