Entropy Technologies LP Has $227,000 Position in Carter’s, Inc. (NYSE:CRI)

Entropy Technologies LP lessened its position in shares of Carter’s, Inc. (NYSE:CRI) by 54.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,488 shares of the textile maker’s stock after selling 4,128 shares during the period. Entropy Technologies LP’s holdings in Carter’s were worth $227,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. GAMMA Investing LLC lifted 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 worth $26,000 after buying an additional 214 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in shares of Carter’s during the 3rd quarter valued at approximately $28,000. Gladius Capital Management LP acquired a new position in Carter’s during the 2nd quarter worth approximately $30,000. CWM LLC lifted its stake in Carter’s by 431.3% in the 2nd quarter. CWM LLC now owns 595 shares of the textile maker’s stock valued at $37,000 after purchasing an additional 483 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its position in Carter’s by 221.2% in the third quarter. Venturi Wealth Management LLC now owns 726 shares of the textile maker’s stock valued at $47,000 after buying an additional 500 shares in the last quarter.

Carter’s Price Performance

Shares of NYSE CRI opened at $52.84 on Friday. The company has a market capitalization of $1.90 billion, a PE ratio of 8.39, a P/E/G ratio of 3.29 and a beta of 1.24. The company has a quick ratio of 0.96, a current ratio of 2.21 and a debt-to-equity ratio of 0.60. Carter’s, Inc. has a twelve month low of $50.27 and a twelve month high of $88.03. The firm has a fifty day simple moving average of $62.33 and a 200 day simple moving average of $63.87.

Carter’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Monday, November 25th will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 6.06%. The ex-dividend date is Monday, November 25th. Carter’s’s dividend payout ratio (DPR) is presently 50.79%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Citigroup upgraded Carter’s from a “sell” rating to a “neutral” rating and set a $50.00 price target for the company in a research note on Tuesday, November 12th. Wells Fargo & Company cut their price target on Carter’s from $72.00 to $65.00 and set an “equal weight” rating on the stock in a research note on Monday, October 28th. Finally, Bank of America lowered their price objective on Carter’s from $65.00 to $54.00 and set an “underperform” rating for the company in a research note on Monday, July 29th. One investment analyst has rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $67.67.

Carter’s Company Profile

Carter's, Inc, together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Little Planet, and other brands in the United States and internationally. It operates through three segments: U.S.