Carter’s, Inc. (NYSE:CRI) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $106.91 and last traded at $106.35, with a volume of 780600 shares trading hands. The stock had previously closed at $105.07.

Several equities research analysts have recently issued reports on the company. Cowen and Company set a $105.00 price objective on Carter’s and gave the company a “hold” rating in a research note on Thursday, November 16th. B. Riley reaffirmed a “buy” rating on shares of Carter’s in a research note on Wednesday, November 1st. Zacks Investment Research lowered Carter’s from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Citigroup Inc. raised their price objective on Carter’s from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Finally, Oppenheimer Holdings, Inc. set a $112.00 price objective on Carter’s and gave the company a “buy” rating in a research note on Thursday, October 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $105.27.

The firm has a market cap of $5,020.00, a price-to-earnings ratio of 20.01, a P/E/G ratio of 2.05 and a beta of 0.33. 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 released its quarterly earnings data on Thursday, October 26th. The textile maker reported $1.70 EPS for the quarter, topping the consensus estimate of $1.65 by $0.05. The company had revenue of $948.23 million for the quarter, compared to the consensus estimate of $950.64 million. Carter’s had a return on equity of 33.38% and a net margin of 7.69%. Carter’s’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period last year, the business posted $1.61 EPS. analysts expect that Carter’s, Inc. will post 5.63 earnings per share for the current fiscal year.

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

In other news, Chairman Michael Dennis Casey sold 26,524 shares of Carter’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $99.14, for a total value of $2,629,589.36. The sale was disclosed in a filing with the SEC, which is available through 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 value of $756,953.94. The disclosure for this sale can be found here. Insiders have sold a total of 77,103 shares of company stock worth $7,645,687 over the last 90 days. 3.10% of the stock is currently owned by company insiders.

Several large investors have recently made changes to their positions in CRI. Alps Advisors Inc. boosted its position in shares of Carter’s by 0.3% in the 2nd 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 boosted its position in shares of Carter’s by 1.2% in the 2nd quarter. Sawtooth Solutions LLC now owns 2,632 shares of the textile maker’s stock worth $234,000 after purchasing an additional 31 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Carter’s by 2.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,704 shares of the textile maker’s stock worth $151,000 after purchasing an additional 35 shares in the last quarter. Advisor Group Inc. boosted its position in shares of Carter’s by 2.3% in the 2nd quarter. Advisor Group Inc. now owns 3,549 shares of the textile maker’s stock worth $315,000 after purchasing an additional 79 shares in the last quarter. Finally, Bronfman E.L. Rothschild L.P. boosted its position in shares of Carter’s by 3.8% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 2,714 shares of the textile maker’s stock worth $241,000 after purchasing an additional 99 shares in the last quarter. Institutional investors and hedge funds own 98.35% of the company’s stock.

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About Carter’s

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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