Russell Investments Group Ltd. grew its position in shares of Carter’s, Inc. (NYSE:CRI) by 1.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 360,511 shares of the textile maker’s stock after purchasing an additional 6,710 shares during the period. Russell Investments Group Ltd. owned approximately 0.76% of Carter’s worth $35,595,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Alps Advisors Inc. lifted its stake in Carter’s by 0.3% during the second quarter. Alps Advisors Inc. now owns 5,419 shares of the textile maker’s stock worth $482,000 after purchasing an additional 14 shares in the last quarter. Sawtooth Solutions LLC increased its position in shares of Carter’s by 1.2% during the second quarter. Sawtooth Solutions LLC now owns 2,632 shares of the textile maker’s stock worth $234,000 after acquiring an additional 31 shares during the period. PNC Financial Services Group Inc. increased its position in shares of Carter’s by 2.1% during the second quarter. PNC Financial Services Group Inc. now owns 1,704 shares of the textile maker’s stock worth $151,000 after acquiring an additional 35 shares during the period. Advisor Group Inc. increased its position in shares of Carter’s by 2.3% during the second quarter. Advisor Group Inc. now owns 3,549 shares of the textile maker’s stock worth $315,000 after acquiring an additional 79 shares during the period. Finally, Bronfman E.L. Rothschild L.P. increased its position in shares of Carter’s by 3.8% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,714 shares of the textile maker’s stock worth $241,000 after acquiring an additional 99 shares during the period. Institutional investors own 98.35% of the company’s stock.

A number of analysts have recently weighed in on CRI shares. Cowen and Company set a $92.00 price objective on Carter’s and gave the stock a “hold” rating in a research report on Thursday, July 27th. BidaskClub lowered Carter’s from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Macquarie started coverage on Carter’s in a research report on Tuesday, August 29th. They set an “outperform” rating and a $110.00 price objective on the stock. Goldman Sachs Group, Inc. (The) started coverage on Carter’s in a research report on Tuesday, September 5th. They set a “buy” rating and a $105.00 price objective on the stock. Finally, Bank of America Corporation started coverage on Carter’s in a research report on Friday, September 15th. They set a “buy” rating and a $106.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $105.27.

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Carter’s, Inc. (NYSE:CRI) opened at $107.06 on Wednesday. The company has a market capitalization of $5,032.83, a price-to-earnings ratio of 20.26, a P/E/G ratio of 2.08 and a beta of 0.33. The company has a quick ratio of 1.34, a current ratio of 3.20 and a debt-to-equity ratio of 0.89. Carter’s, Inc. has a twelve month low of $77.94 and a twelve month high of $107.24.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Monday, November 20th will be paid a $0.37 dividend. The ex-dividend date of this dividend is Friday, November 17th. This represents a $1.48 annualized dividend and a yield of 1.38%. Carter’s’s dividend payout ratio is presently 28.46%.

In other Carter’s news, Chairman Michael Dennis Casey sold 26,524 shares of the company’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $99.14, for a total value of $2,629,589.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul Fulton sold 8,643 shares of the company’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 103,627 shares of company stock valued at $10,459,353 in the last 90 days. 3.10% of the stock is currently owned by insiders.

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)

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