Carter’s, Inc. (NYSE:CRI) Position Lessened by Boston Trust Walden Corp

Boston Trust Walden Corp trimmed its position in shares of Carter’s, Inc. (NYSE:CRI) by 20.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 512,211 shares of the textile maker’s stock after selling 131,133 shares during the quarter. Boston Trust Walden Corp owned approximately 1.42% of Carter’s worth $27,757,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in CRI. Pacer Advisors Inc. lifted its holdings in Carter’s by 155.0% in the 4th quarter. Pacer Advisors Inc. now owns 2,851,079 shares of the textile maker’s stock worth $154,500,000 after purchasing an additional 1,732,857 shares during the last quarter. Verition Fund Management LLC lifted its stake in shares of Carter’s by 70.4% in the third quarter. Verition Fund Management LLC now owns 300,661 shares of the textile maker’s stock worth $19,537,000 after buying an additional 124,191 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Carter’s by 168.4% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 116,278 shares of the textile maker’s stock worth $6,301,000 after buying an additional 72,962 shares during the period. Landscape Capital Management L.L.C. bought a new stake in shares of Carter’s during the 3rd quarter worth $4,391,000. Finally, Hotchkis & Wiley Capital Management LLC raised its holdings in Carter’s by 79.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 152,560 shares of the textile maker’s stock worth $9,913,000 after acquiring an additional 67,460 shares during the period.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on CRI shares. Citigroup raised Carter’s from a “sell” rating to a “neutral” rating and set a $50.00 price target on the stock in a research report on Tuesday, November 12th. Wells Fargo & Company dropped their target price on shares of Carter’s from $72.00 to $65.00 and set an “equal weight” rating on the stock in a research report on Monday, October 28th. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $67.67.

Carter’s Price Performance

Carter’s stock opened at $52.21 on Tuesday. The company has a current ratio of 2.21, a quick ratio of 0.96 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $1.88 billion, a P/E ratio of 8.29, a PEG ratio of 3.50 and a beta of 1.21. The business has a 50-day moving average of $54.44 and a 200-day moving average of $59.40. Carter’s, Inc. has a 1 year low of $50.25 and a 1 year high of $88.03.

Carter’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Monday, November 25th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 6.13%. The ex-dividend date of this dividend was Monday, November 25th. Carter’s’s dividend payout ratio (DPR) is presently 50.79%.

About Carter’s

Carter’s, Inc engages in the business of brand marketing of young children’s apparel. It operates through the following segments: the United States (US) Retail, US Wholesale, and International. The US Retail segment includes selling products through retail stores and ecommerce websites. The US Wholesale segment focuses on wholesale partners.