Carter’s, Inc. (NYSE:CRI) Shares Purchased by Entropy Technologies LP

Entropy Technologies LP boosted its holdings in Carter’s, Inc. (NYSE:CRI) by 194.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,261 shares of the textile maker’s stock after acquiring an additional 6,773 shares during the quarter. Entropy Technologies LP’s holdings in Carter’s were worth $556,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CRI. Creative Planning acquired a new stake in Carter’s in the 2nd quarter valued at approximately $294,000. Sanctuary Advisors LLC acquired a new position in shares of Carter’s during the 2nd quarter valued at $231,000. GAMMA Investing LLC increased its position in shares of Carter’s by 112.0% during the 3rd quarter. GAMMA Investing LLC now owns 405 shares of the textile maker’s stock valued at $26,000 after purchasing an additional 214 shares during the period. CWM LLC increased its position in shares of Carter’s by 1,158.5% during the 3rd quarter. CWM LLC now owns 7,488 shares of the textile maker’s stock valued at $487,000 after purchasing an additional 6,893 shares during the period. Finally, Ritholtz Wealth Management increased its position in shares of Carter’s by 9.3% during the 3rd quarter. Ritholtz Wealth Management now owns 4,915 shares of the textile maker’s stock valued at $319,000 after purchasing an additional 419 shares during the period.

Carter’s Price Performance

Shares of NYSE:CRI opened at $51.80 on Thursday. The company has a current ratio of 2.21, a quick ratio of 0.96 and a debt-to-equity ratio of 0.60. Carter’s, Inc. has a 1 year low of $49.65 and a 1 year high of $88.03. The business has a fifty day simple moving average of $53.84 and a 200 day simple moving average of $58.97. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 8.22, a P/E/G ratio of 3.27 and a beta of 1.21.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wells Fargo & Company lowered their price target on 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. Citigroup upgraded Carter’s from a “sell” rating to a “neutral” rating and set a $50.00 price target on the stock in a research report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating and seven have given a hold rating to the company’s stock. According to data from MarketBeat.com, Carter’s presently has an average rating of “Hold” and a consensus target price of $67.67.

Carter’s Profile

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.