Amica Pension Fund Board of Trustees increased its holdings in shares of Carter’s, Inc. (NYSE:CRI) by 102.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,575 shares of the textile maker’s stock after buying an additional 8,394 shares during the period. Amica Pension Fund Board of Trustees’ holdings in Carter’s were worth $1,637,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of CRI. Dimensional Fund Advisors LP boosted its position in Carter’s by 5.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 345,278 shares of the textile maker’s stock worth $31,006,000 after buying an additional 18,975 shares during the period. Oregon Public Employees Retirement Fund boosted its position in Carter’s by 4.2% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 18,820 shares of the textile maker’s stock worth $1,674,000 after buying an additional 760 shares during the period. LS Investment Advisors LLC boosted its position in Carter’s by 18.1% during the 2nd quarter. LS Investment Advisors LLC now owns 3,887 shares of the textile maker’s stock worth $346,000 after buying an additional 596 shares during the period. Louisiana State Employees Retirement System boosted its position in Carter’s by 2.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 12,600 shares of the textile maker’s stock worth $1,121,000 after buying an additional 300 shares during the period. Finally, State Treasurer State of Michigan boosted its position in Carter’s by 1.0% during the 2nd quarter. State Treasurer State of Michigan now owns 19,900 shares of the textile maker’s stock worth $1,770,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 98.35% of the company’s stock.

Carter’s, Inc. (CRI) opened at $106.50 on Friday. The stock has a market cap of $5,039.93, a P/E ratio of 20.29, a PEG ratio of 2.08 and a beta of 0.33. Carter’s, Inc. has a 1 year low of $77.94 and a 1 year high of $107.58. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.20 and a quick ratio of 1.34.

Carter’s (NYSE:CRI) last issued its quarterly earnings results on Thursday, October 26th. The textile maker reported $1.70 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.65 by $0.05. The firm had revenue of $948.23 million for the quarter, compared to the consensus estimate of $950.64 million. Carter’s had a net margin of 7.69% and a return on equity of 33.38%. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.61 EPS. equities research analysts forecast that Carter’s, Inc. will post 5.63 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, November 20th will be given a $0.37 dividend. The ex-dividend date of this dividend is Friday, November 17th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.39%. Carter’s’s dividend payout ratio (DPR) is currently 28.46%.

COPYRIGHT VIOLATION NOTICE: “Amica Pension Fund Board of Trustees Acquires 8,394 Shares of Carter’s, Inc. (CRI)” was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this story on another website, it was illegally stolen and reposted in violation of United States and international copyright law. The correct version of this story can be accessed at https://www.watchlistnews.com/amica-pension-fund-board-of-trustees-acquires-8394-shares-of-carters-inc-cri/1723778.html.

In other news, CFO Richard F. Westenberger sold 5,000 shares of Carter’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $105.02, for a total value of $525,100.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Paul Fulton sold 8,643 shares of Carter’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $87.58, for a total transaction of $756,953.94. The disclosure for this sale can be found here. Insiders sold a total of 103,627 shares of company stock worth $10,459,353 in the last 90 days. Corporate insiders own 3.10% of the company’s stock.

Several equities research analysts recently commented on the stock. B. Riley reiterated a “buy” rating on shares of Carter’s in a research report on Wednesday, November 1st. BidaskClub downgraded shares of Carter’s from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Zacks Investment Research upgraded shares of Carter’s from a “hold” rating to a “buy” rating and set a $107.00 target price on the stock in a research report on Tuesday, September 26th. Bank of America Corporation began coverage on shares of Carter’s in a research report on Friday, September 15th. They set a “buy” rating and a $106.00 target price on the stock. Finally, Cowen Inc set a $92.00 price target on shares of Carter’s and gave the stock a “hold” rating in a research report on Thursday, July 27th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $105.27.

Carter’s Company Profile

Carter’s, Inc (Carter’s) is a marketer of apparel for babies and young children in the United States and Canada. The Company owns two brand names in the children’s apparel industry, Carter’s and OshKosh B’gosh (OshKosh). The Company operates through five segments: Carter’s Retail, Carter’s Wholesale, OshKosh Retail, OshKosh Wholesale and International.

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

Receive News & Ratings for Carter's Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carter's Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.