Carter’s, Inc. (CRI) Shares Sold by Gotham Asset Management LLC

Gotham Asset Management LLC trimmed its holdings in Carter’s, Inc. (NYSE:CRI) by 93.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,662 shares of the textile maker’s stock after selling 192,149 shares during the quarter. Gotham Asset Management LLC’s holdings in Carter’s were worth $1,126,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in CRI. UBS Asset Management Americas Inc. boosted its holdings in Carter’s by 15.0% in the first quarter. UBS Asset Management Americas Inc. now owns 31,443 shares of the textile maker’s stock valued at $2,824,000 after purchasing an additional 4,097 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in Carter’s by 1.2% in the first quarter. Alliancebernstein L.P. now owns 38,455 shares of the textile maker’s stock valued at $3,453,000 after purchasing an additional 465 shares in the last quarter. OppenheimerFunds Inc. boosted its holdings in Carter’s by 26.9% in the first quarter. OppenheimerFunds Inc. now owns 8,901 shares of the textile maker’s stock valued at $799,000 after purchasing an additional 1,887 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Carter’s by 1.2% in the first quarter. Principal Financial Group Inc. now owns 200,875 shares of the textile maker’s stock valued at $18,039,000 after purchasing an additional 2,449 shares in the last quarter. Finally, FMR LLC boosted its holdings in Carter’s by 93.8% in the first quarter. FMR LLC now owns 325,487 shares of the textile maker’s stock valued at $29,228,000 after purchasing an additional 157,529 shares in the last quarter. 97.10% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently issued reports on the company. Zacks Investment Research raised Carter’s from a “hold” rating to a “buy” rating and set a $107.00 price target for the company in a report on Tuesday, September 26th. Bank of America Corporation began coverage on Carter’s in a research note on Friday, September 15th. They issued a “buy” rating and a $106.00 price objective for the company. Goldman Sachs Group, Inc. (The) began coverage on Carter’s in a research note on Tuesday, September 5th. They issued a “buy” rating and a $105.00 price objective for the company. Macquarie began coverage on Carter’s in a research note on Tuesday, August 29th. They issued an “outperform” rating and a $110.00 price objective for the company. Finally, BidaskClub cut Carter’s from a “hold” rating to a “sell” rating in a research note on Monday, August 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $103.45.

ILLEGAL ACTIVITY NOTICE: “Carter’s, Inc. (CRI) Shares Sold by Gotham Asset Management LLC” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another domain, it was stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece of content can be viewed at https://ledgergazette.com/2017/10/18/carters-inc-cri-shares-sold-by-gotham-asset-management-llc.html.

In related news, 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 transaction of $1,581,125.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul Fulton sold 8,643 shares of the business’s stock in a transaction that occurred 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 own 3.10% of the company’s stock.

Shares of Carter’s, Inc. (NYSE CRI) opened at 92.01 on Wednesday. The firm has a 50-day moving average price of $92.93 and a 200-day moving average price of $89.03. The stock has a market cap of $4.40 billion, a PE ratio of 18.04 and a beta of 0.34. Carter’s, Inc. has a 52 week low of $77.94 and a 52 week high of $99.75.

Carter’s (NYSE:CRI) last issued its earnings results on Thursday, July 27th. The textile maker reported $0.79 EPS for the quarter, topping 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 return on equity of 33.18% and

A number of other institutional investors and hedge funds have also made changes to their positions in CRI. UBS Asset Management Americas Inc. boosted its holdings in Carter’s by 15.0% in the first quarter. UBS Asset Management Americas Inc. now owns 31,443 shares of the textile maker’s stock valued at $2,824,000 after purchasing an additional 4,097 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in Carter’s by 1.2% in the first quarter. Alliancebernstein L.P. now owns 38,455 shares of the textile maker’s stock valued at $3,453,000 after purchasing an additional 465 shares in the last quarter. OppenheimerFunds Inc. boosted its holdings in Carter’s by 26.9% in the first quarter. OppenheimerFunds Inc. now owns 8,901 shares of the textile maker’s stock valued at $799,000 after purchasing an additional 1,887 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Carter’s by 1.2% in the first quarter. Principal Financial Group Inc. now owns 200,875 shares of the textile maker’s stock valued at $18,039,000 after purchasing an additional 2,449 shares in the last quarter. Finally, FMR LLC boosted its holdings in Carter’s by 93.8% in the first quarter. FMR LLC now owns 325,487 shares of the textile maker’s stock valued at $29,228,000 after purchasing an additional 157,529 shares in the last quarter. 97.10% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently issued reports on the company. Zacks Investment Research raised Carter’s from a “hold” rating to a “buy” rating and set a $107.00 price target for the company in a report on Tuesday, September 26th. Bank of America Corporation began coverage on Carter’s in a research note on Friday, September 15th. They issued a “buy” rating and a $106.00 price objective for the company. Goldman Sachs Group, Inc. (The) began coverage on Carter’s in a research note on Tuesday, September 5th. They issued a “buy” rating and a $105.00 price objective for the company. Macquarie began coverage on Carter’s in a research note on Tuesday, August 29th. They issued an “outperform” rating and a $110.00 price objective for the company. Finally, BidaskClub cut Carter’s from a “hold” rating to a “sell” rating in a research note on Monday, August 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $103.45.

ILLEGAL ACTIVITY NOTICE: “Carter’s, Inc. (CRI) Shares Sold by Gotham Asset Management LLC” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another domain, it was stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece of content can be viewed at https://ledgergazette.com/2017/10/18/carters-inc-cri-shares-sold-by-gotham-asset-management-llc.html.

In related news, 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 transaction of $1,581,125.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul Fulton sold 8,643 shares of the business’s stock in a transaction that occurred 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 own 3.10% of the company’s stock.

Shares of Carter’s, Inc. (NYSE CRI) opened at 92.01 on Wednesday. The firm has a 50-day moving average price of $92.93 and a 200-day moving average price of $89.03. The stock has a market cap of $4.40 billion, a PE ratio of 18.04 and a beta of 0.34. Carter’s, Inc. has a 52 week low of $77.94 and a 52 week high of $99.75.

Carter’s (NYSE:CRI) last issued its earnings results on Thursday, July 27th. The textile maker reported $0.79 EPS for the quarter, topping 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 return on equity of 33.18% and a net margin of 7.74%. The business’s revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.72 EPS. On average, analysts forecast that Carter’s, Inc. will post $5.61 earnings per share for the current fiscal year.

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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