Landscape Capital Management L.L.C. Sells 779 Shares of Carter’s, Inc. (NYSE:CRI)

Landscape Capital Management L.L.C. reduced its position in shares of Carter’s, Inc. (NYSE:CRIFree Report) by 8.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,476 shares of the textile maker’s stock after selling 779 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Carter’s were worth $586,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CRI. Coppell Advisory Solutions Corp. bought a new stake in Carter’s during the 4th quarter worth approximately $35,000. Ronald Blue Trust Inc. increased its holdings in Carter’s by 366.7% during the 3rd quarter. Ronald Blue Trust Inc. now owns 490 shares of the textile maker’s stock worth $36,000 after purchasing an additional 385 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of Carter’s by 159.4% in the first quarter. Parkside Financial Bank & Trust now owns 415 shares of the textile maker’s stock valued at $38,000 after acquiring an additional 255 shares in the last quarter. Industrial Alliance Investment Management Inc. grew its holdings in shares of Carter’s by 365.4% in the fourth quarter. Industrial Alliance Investment Management Inc. now owns 712 shares of the textile maker’s stock valued at $53,000 after acquiring an additional 559 shares in the last quarter. Finally, Covestor Ltd grew its holdings in shares of Carter’s by 129.7% in the first quarter. Covestor Ltd now owns 627 shares of the textile maker’s stock valued at $58,000 after acquiring an additional 354 shares in the last quarter.

Analyst Ratings Changes

CRI has been the subject of several recent analyst reports. StockNews.com lowered Carter’s from a “buy” rating to a “hold” rating in a report on Friday. TheStreet raised Carter’s from a “c+” rating to a “b-” rating in a report on Friday, December 22nd. One equities research analyst has rated the stock with a sell rating and three have assigned a hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $66.67.

Check Out Our Latest Stock Report on Carter’s

Carter’s Price Performance

Carter’s stock opened at $76.10 on Tuesday. Carter’s, Inc. has a 12 month low of $60.65 and a 12 month high of $83.10. The company has a current ratio of 2.30, a quick ratio of 0.96 and a debt-to-equity ratio of 0.72. The business’s 50 day simple moving average is $73.75 and its 200 day simple moving average is $70.93. The company has a market cap of $2.80 billion, a price-to-earnings ratio of 13.89 and a beta of 1.30.

Carter’s Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 8th. Shareholders of record on Tuesday, November 28th were given a dividend of $0.75 per share. The ex-dividend date was Monday, November 27th. This represents a $3.00 annualized dividend and a dividend yield of 3.94%. Carter’s’s dividend payout ratio is currently 54.74%.

Insiders Place Their Bets

In related news, EVP Julie D’emilio sold 3,400 shares of the stock in a transaction on Friday, December 8th. The stock was sold at an average price of $72.50, for a total value of $246,500.00. Following the sale, the executive vice president now owns 42,783 shares in the company, valued at $3,101,767.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 3.50% of the company’s stock.

Carter’s Company Profile

(Free Report)

Carter's, Inc, together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, little planet, and other brands in the United States and internationally. The company operates through three segments: U.S.

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Institutional Ownership by Quarter for Carter's (NYSE:CRI)

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