Dupont Capital Management Corp reduced its position in shares of Carter’s, Inc. (NYSE:CRI) by 1.5% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 58,368 shares of the textile maker’s stock after selling 900 shares during the period. Dupont Capital Management Corp’s holdings in Carter’s were worth $5,192,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Trillium Asset Management LLC boosted its stake in shares of Carter’s by 6.7% in the second quarter. Trillium Asset Management LLC now owns 14,949 shares of the textile maker’s stock worth $1,330,000 after buying an additional 942 shares during the period. Alpine Woods Capital Investors LLC boosted its stake in shares of Carter’s by 33.0% in the second quarter. Alpine Woods Capital Investors LLC now owns 156,006 shares of the textile maker’s stock worth $13,877,000 after buying an additional 38,706 shares during the period. DekaBank Deutsche Girozentrale purchased a new stake in shares of Carter’s during the second quarter worth about $921,000. First Trust Advisors LP boosted its stake in shares of Carter’s by 77.6% in the second quarter. First Trust Advisors LP now owns 61,179 shares of the textile maker’s stock worth $5,442,000 after buying an additional 26,723 shares during the period. Finally, Arizona State Retirement System boosted its stake in shares of Carter’s by 1.0% in the second quarter. Arizona State Retirement System now owns 20,400 shares of the textile maker’s stock worth $1,815,000 after buying an additional 200 shares during the period. 99.88% of the stock is owned by hedge funds and other institutional investors.

Shares of Carter’s, Inc. (NYSE CRI) opened at 85.74 on Wednesday. The firm’s 50-day moving average price is $87.82 and its 200-day moving average price is $87.42. The firm has a market capitalization of $4.10 billion, a PE ratio of 16.82 and a beta of 0.32. Carter’s, Inc. has a 52-week low of $77.94 and a 52-week high of $101.12.

Carter’s (NYSE:CRI) last posted its earnings results on Thursday, July 27th. The textile maker reported $0.79 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.70 by $0.09. The company had revenue of $692.10 million during the quarter, compared to analyst estimates of $681.08 million. Carter’s had a return on equity of 33.18% and a net margin of 7.74%. The business’s revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.72 earnings per share. On average, equities analysts predict that Carter’s, Inc. will post $5.61 earnings per share for the current fiscal year.

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A number of brokerages recently issued reports on CRI. BidaskClub cut Carter’s from a “hold” rating to a “sell” rating in a research report on Monday. Cowen and Company set a $92.00 target price on Carter’s and gave the company a “hold” rating in a research report on Thursday, July 27th. FBR & Co reissued a “buy” rating on shares of Carter’s in a research report on Thursday, July 13th. Oppenheimer Holdings, Inc. reissued a “buy” rating on shares of Carter’s in a research report on Wednesday, June 21st. Finally, CL King reissued a “hold” rating on shares of Carter’s in a research report on Thursday, June 8th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company. Carter’s currently has a consensus rating of “Hold” and an average target price of $100.40.

In other Carter’s news, Director David Pulver acquired 1,000 shares of Carter’s stock in a transaction dated Wednesday, May 24th. The stock was acquired at an average cost of $80.10 per share, for a total transaction of $80,100.00. Following the completion of the transaction, the director now owns 54,331 shares in the company, valued at approximately $4,351,913.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Thomas E. Whiddon sold 17,500 shares of the business’s stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $90.35, for a total value of $1,581,125.00. The disclosure for this sale can be found here. Insiders own 3.10% of the company’s stock.

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.

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

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