Carter’s, Inc. (NYSE:CRI) Chairman Michael Dennis Casey sold 26,524 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $99.14, for a total transaction of $2,629,589.36. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of Carter’s, Inc. (CRI) opened at $99.27 on Thursday. 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, Inc. has a 12 month low of $77.94 and a 12 month high of $100.24. The company has a market cap of $4,694.00, a price-to-earnings ratio of 18.89, a PEG ratio of 1.94 and a beta of 0.33.

Carter’s (NYSE:CRI) last posted its quarterly earnings data on Thursday, October 26th. The textile maker reported $1.70 EPS for the quarter, beating the Zacks’ consensus estimate of $1.65 by $0.05. Carter’s had a net margin of 7.69% and a return on equity of 33.38%. The company had revenue of $948.23 million for the quarter, compared to analyst estimates of $950.64 million. During the same period in the prior year, the firm posted $1.61 EPS. The company’s quarterly revenue was up 5.2% on a year-over-year basis. sell-side analysts anticipate that Carter’s, Inc. will post 5.64 earnings per share for the current year.

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Several institutional investors have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. lifted its position in shares of Carter’s by 27.1% during the 3rd quarter. Pacer Advisors Inc. now owns 9,110 shares of the textile maker’s stock valued at $900,000 after acquiring an additional 1,940 shares during the period. SG Americas Securities LLC lifted its position in shares of Carter’s by 4.7% during the 3rd quarter. SG Americas Securities LLC now owns 21,630 shares of the textile maker’s stock valued at $2,136,000 after acquiring an additional 976 shares during the period. Russell Investments Group Ltd. lifted its position in shares of Carter’s by 1.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 360,511 shares of the textile maker’s stock valued at $35,595,000 after acquiring an additional 6,710 shares during the period. Deprince Race & Zollo Inc. acquired a new position in shares of Carter’s during the 3rd quarter valued at $2,031,000. Finally, DekaBank Deutsche Girozentrale lifted its position in shares of Carter’s by 11.5% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 11,600 shares of the textile maker’s stock valued at $994,000 after acquiring an additional 1,200 shares during the period. Institutional investors own 98.40% of the company’s stock.

CRI has been the topic of a number of research reports. Zacks Investment Research raised shares of Carter’s from a “hold” rating to a “buy” rating and set a $107.00 target price on the stock in a report on Tuesday, September 26th. Bank of America Corporation initiated coverage on shares of Carter’s in a report on Friday, September 15th. They set a “buy” rating and a $106.00 target price on the stock. Goldman Sachs Group, Inc. (The) initiated coverage on shares of Carter’s in a report on Tuesday, September 5th. They set a “buy” rating and a $105.00 target price on the stock. Citigroup Inc. boosted their target price on shares of Carter’s from $108.00 to $112.00 and gave the stock a “buy” rating in a report on Friday, October 27th. Finally, Oppenheimer Holdings, Inc. set a $112.00 target price on shares of Carter’s and gave the stock a “buy” rating in a report 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. Carter’s presently has an average rating of “Buy” and a consensus target price of $104.09.

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.

Insider Buying and Selling by Quarter for Carter`s (NYSE:CRI)

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