Fiera Capital Corp lowered its holdings in Carter’s, Inc. (NYSE:CRI) by 9.0% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 302,537 shares of the textile maker’s stock after selling 30,013 shares during the period. Fiera Capital Corp owned about 0.63% of Carter’s worth $26,911,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Riverhead Capital Management LLC lifted its holdings in Carter’s by 85.1% in the second quarter. Riverhead Capital Management LLC now owns 2,962 shares of the textile maker’s stock worth $263,000 after acquiring an additional 1,362 shares during the last quarter. Old Mutual Global Investors UK Ltd. lifted its holdings in Carter’s by 64.6% in the second quarter. Old Mutual Global Investors UK Ltd. now owns 510,645 shares of the textile maker’s stock worth $45,421,000 after acquiring an additional 200,468 shares during the last quarter. LSV Asset Management bought a new position in Carter’s in the second quarter worth about $4,682,000. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in Carter’s by 137.8% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 539,046 shares of the textile maker’s stock worth $47,948,000 after acquiring an additional 312,412 shares during the last quarter. Finally, Atlantic Trust Group LLC lifted its holdings in Carter’s by 4.8% in the second quarter. Atlantic Trust Group LLC now owns 142,331 shares of the textile maker’s stock worth $12,660,000 after acquiring an additional 6,456 shares during the last quarter. 97.27% of the stock is currently owned by hedge funds and other institutional investors.

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Carter’s, Inc. (NYSE CRI) opened at 92.85 on Thursday. Carter’s, Inc. has a one year low of $77.94 and a one year high of $98.88. The firm has a market cap of $4.44 billion, a PE ratio of 18.21 and a beta of 0.30. The company’s 50-day moving average is $87.85 and its 200 day moving average is $88.03.

Carter’s (NYSE:CRI) last released its quarterly earnings data on Thursday, July 27th. The textile maker reported $0.79 earnings per share for the quarter, beating the 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 net margin of 7.74% and a return on equity of 33.18%. Carter’s’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.72 EPS. Equities analysts anticipate that Carter’s, Inc. will post $5.61 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Tuesday, August 29th were paid a $0.37 dividend. The ex-dividend date of this dividend was Friday, August 25th. This represents a $1.48 annualized dividend and a dividend yield of 1.59%. Carter’s’s dividend payout ratio is currently 29.08%.

In other Carter’s news, Director Paul Fulton sold 8,643 shares of the business’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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas E. Whiddon sold 17,500 shares of the business’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $90.35, for a total transaction of $1,581,125.00. The disclosure for this sale can be found here. Insiders own 3.10% of the company’s stock.

CRI has been the topic of a number of recent research reports. Macquarie initiated coverage on shares of Carter’s in a report on Tuesday, August 29th. They issued an “outperform” rating and a $110.00 target price on the stock. BidaskClub lowered shares of Carter’s from a “hold” rating to a “sell” rating in a research note on Monday, August 14th. FBR & Co restated a “buy” rating on shares of Carter’s in a research note on Thursday, July 13th. Cowen and Company set a $92.00 price target on shares of Carter’s and gave the company a “hold” rating in a research note on Thursday, July 27th. Finally, CL King restated a “hold” rating on shares of Carter’s in a research note on Thursday, June 8th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $101.58.

Carter’s 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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