SG Americas Securities LLC boosted its position in shares of Carter’s, Inc. (NYSE:CRI) by 12.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 20,654 shares of the textile maker’s stock after buying an additional 2,352 shares during the period. SG Americas Securities LLC’s holdings in Carter’s were worth $1,837,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Opus Capital Group LLC raised its stake in shares of Carter’s by 0.7% in the first quarter. Opus Capital Group LLC now owns 4,096 shares of the textile maker’s stock worth $367,000 after buying an additional 28 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Carter’s by 2.7% in the first quarter. IFP Advisors Inc now owns 1,155 shares of the textile maker’s stock worth $104,000 after buying an additional 30 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of Carter’s by 1.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 7,473 shares of the textile maker’s stock worth $671,000 after buying an additional 78 shares during the last quarter. Azimuth Capital Management LLC raised its stake in shares of Carter’s by 0.3% in the first quarter. Azimuth Capital Management LLC now owns 34,370 shares of the textile maker’s stock worth $3,086,000 after buying an additional 95 shares during the last quarter. Finally, Great West Life Assurance Co. Can raised its stake in shares of Carter’s by 0.4% in the second quarter. Great West Life Assurance Co. Can now owns 29,129 shares of the textile maker’s stock worth $2,589,000 after buying an additional 103 shares during the last quarter. Hedge funds and other institutional investors own 97.27% of the company’s stock.

Shares of Carter’s, Inc. (CRI) opened at 87.03 on Monday. Carter’s, Inc. has a 1-year low of $77.94 and a 1-year high of $98.88. The company’s 50-day moving average is $87.15 and its 200 day moving average is $87.54. The company has a market cap of $4.16 billion, a price-to-earnings ratio of 17.07 and a beta of 0.32.

Carter’s (NYSE:CRI) last released its earnings results on Thursday, July 27th. The textile maker reported $0.79 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.09. Carter’s had a net margin of 7.74% and a return on equity of 33.18%. The firm had revenue of $692.10 million for the quarter, compared to analyst estimates of $681.08 million. During the same period in the prior year, the firm earned $0.72 earnings per share. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. Equities analysts anticipate that Carter’s, Inc. will post $5.61 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Investors of record on Tuesday, August 29th will be paid a dividend of $0.37 per share. The ex-dividend date is Friday, August 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.70%. Carter’s’s payout ratio is 29.08%.

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CRI has been the topic of a number of research reports. FBR & Co reaffirmed a “buy” rating on shares of Carter’s in a research note on Thursday, July 13th. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating on shares of Carter’s in a research note on Wednesday, June 21st. Cowen and Company set a $92.00 target price on shares of Carter’s and gave the company a “hold” rating in a research note on Thursday, July 27th. CL King reaffirmed a “hold” rating on shares of Carter’s in a research note on Thursday, June 8th. Finally, Zacks Investment Research lowered shares of Carter’s from a “buy” rating to a “hold” rating in a research note on Monday, May 1st. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $100.40.

In related news, Director Thomas E. Whiddon sold 17,500 shares of the company’s stock in a transaction that occurred 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.10% of the stock is currently owned by corporate insiders.

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.

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

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