Carter’s, Inc. (NYSE:CRI) Stock Holdings Lifted by New York State Teachers Retirement System

New York State Teachers Retirement System raised its position in Carter’s, Inc. (NYSE:CRI) by 4.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,245 shares of the textile maker’s stock after purchasing an additional 1,444 shares during the quarter. New York State Teachers Retirement System owned approximately 0.10% of Carter’s worth $2,018,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Carter’s in the third quarter worth about $683,000. Hotchkis & Wiley Capital Management LLC lifted its position 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 buying an additional 67,460 shares during the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Carter’s by 48.6% in the third quarter. Harbor Capital Advisors Inc. now owns 81,435 shares of the textile maker’s stock worth $5,292,000 after buying an additional 26,650 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Carter’s by 3.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,171,810 shares of the textile maker’s stock worth $76,144,000 after buying an additional 42,589 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its position in shares of Carter’s by 155.0% in the fourth quarter. Pacer Advisors Inc. now owns 2,851,079 shares of the textile maker’s stock worth $154,500,000 after buying an additional 1,732,857 shares during the last quarter.

Analyst Ratings Changes

CRI has been the topic of several recent research reports. Citigroup raised Carter’s from a “sell” rating to a “neutral” rating and set a $50.00 price objective on the stock in a report on Tuesday, November 12th. Wells Fargo & Company lowered their target price on Carter’s from $72.00 to $65.00 and set an “equal weight” rating for the company in a research note on Monday, October 28th. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $67.67.

Carter’s Price Performance

Shares of CRI opened at $52.10 on Friday. The company’s 50-day moving average is $53.44 and its 200-day moving average is $58.59. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.21 and a quick ratio of 0.96. The firm has a market capitalization of $1.88 billion, a PE ratio of 8.27, a PEG ratio of 3.37 and a beta of 1.21. Carter’s, Inc. has a fifty-two week low of $49.65 and a fifty-two week 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.