Yousif Capital Management LLC Has $807,000 Stake in Carter’s, Inc. (NYSE:CRI)

Yousif Capital Management LLC grew its stake in shares of Carter’s, Inc. (NYSE:CRI) by 4.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,888 shares of the textile maker’s stock after acquiring an additional 601 shares during the period. Yousif Capital Management LLC’s holdings in Carter’s were worth $807,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd bought a new position in Carter’s in the 3rd quarter valued at about $683,000. Hotchkis & Wiley Capital Management LLC lifted its stake in shares of Carter’s by 79.3% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 152,560 shares of the textile maker’s stock worth $9,913,000 after acquiring an additional 67,460 shares during the period. Harbor Capital Advisors Inc. boosted its stake in shares of Carter’s by 48.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 81,435 shares of the textile maker’s stock valued at $5,292,000 after purchasing an additional 26,650 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Carter’s by 3.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,171,810 shares of the textile maker’s stock worth $76,144,000 after acquiring an additional 42,589 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in Carter’s by 10.4% in the third quarter. Empowered Funds LLC now owns 122,231 shares of the textile maker’s stock valued at $7,943,000 after buying an additional 11,480 shares during the period.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Citigroup upgraded Carter’s from a “sell” rating to a “neutral” rating and set a $50.00 target price for the company in a research note on Tuesday, November 12th. Wells Fargo & Company lowered their price objective on shares of Carter’s from $72.00 to $65.00 and set an “equal weight” rating on the stock in a research report on Monday, October 28th. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $67.67.

Carter’s Price Performance

Shares of NYSE:CRI opened at $53.06 on Friday. The stock has a market cap of $1.91 billion, a P/E ratio of 8.42, a P/E/G ratio of 3.27 and a beta of 1.21. The company has a current ratio of 2.21, a quick ratio of 0.96 and a debt-to-equity ratio of 0.60. The company has a 50 day moving average of $53.72 and a 200 day moving average of $58.85. Carter’s, Inc. has a 12 month low of $49.65 and a 12 month high of $88.03.

About Carter’s

Carter’s, Inc engages in the business of brand marketing of young children’s apparel. It operates through the following segments: the United States (US) Retail, US Wholesale, and International. The US Retail segment includes selling products through retail stores and ecommerce websites. The US Wholesale segment focuses on wholesale partners.