Carter's, Inc. (NYSE:CRI) saw a large decline in short interest in December. As of December 15th, there was short interest totalling 1,935,397 shares, a decline of 33.3% from the November 30th total of 2,900,414 shares. Based on an average daily volume of 591,799 shares, the short-interest ratio is presently 3.3 days. Approximately 4.2% of the company’s stock are sold short.

In related news, EVP Greg Foglesong sold 6,000 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $117.98, for a total value of $707,880.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman Michael Dennis Casey sold 26,524 shares of the company’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $99.14, for a total transaction of $2,629,589.36. The disclosure for this sale can be found here. In the last quarter, insiders sold 130,507 shares of company stock worth $13,569,276. 3.10% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Visionary Asset Management Inc. purchased a new stake in shares of Carter's during the 3rd quarter valued at about $242,000. Public Employees Retirement System of Ohio increased its position in shares of Carter's by 4.7% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 224,994 shares of the textile maker’s stock valued at $22,218,000 after purchasing an additional 10,161 shares during the last quarter. Hahn Capital Management LLC increased its position in shares of Carter's by 1.0% during the 3rd quarter. Hahn Capital Management LLC now owns 307,170 shares of the textile maker’s stock valued at $30,333,000 after purchasing an additional 2,903 shares during the last quarter. Dean Investment Associates LLC increased its position in shares of Carter's by 23.4% during the 3rd quarter. Dean Investment Associates LLC now owns 7,096 shares of the textile maker’s stock valued at $701,000 after purchasing an additional 1,346 shares during the last quarter. Finally, DF Dent & Co. Inc. increased its position in shares of Carter's by 51.8% during the 3rd quarter. DF Dent & Co. Inc. now owns 4,602 shares of the textile maker’s stock valued at $454,000 after purchasing an additional 1,570 shares during the last quarter. 98.67% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have weighed in on the company. Citigroup boosted their target price on Carter's from $108.00 to $112.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Zacks Investment Research raised Carter's from a “hold” rating to a “buy” rating and set a $129.00 target price for the company in a research report on Tuesday, December 26th. Cowen set a $92.00 target price on Carter's and gave the stock a “hold” rating in a research report on Monday, October 23rd. Oppenheimer boosted their target price on Carter's from $112.00 to $125.00 and gave the stock an “outperform” rating in a research report on Monday, December 18th. Finally, Bank of America assumed coverage on Carter's in a research report on Friday, September 15th. They issued a “buy” rating and a $106.00 target price for the company. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $111.00.

Shares of Carter's (NYSE CRI) opened at $117.39 on Friday. Carter's has a 52-week low of $77.94 and a 52-week high of $119.26. The company has a market cap of $5,560.00, a PE ratio of 22.62, a PEG ratio of 2.09 and a beta of 0.37. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.34 and a current ratio of 3.20.

Carter's (NYSE:CRI) last released its quarterly earnings results on Thursday, October 26th. The textile maker reported $1.70 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.65 by $0.05. Carter's had a net margin of 7.69% and a return on equity of 33.38%. The firm had revenue of $948.23 million during the quarter, compared to analyst estimates of $950.64 million. During the same quarter in the prior year, the firm earned $1.61 EPS. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. sell-side analysts expect that Carter's will post 5.64 earnings per share for the current fiscal year.

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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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