Rpg Family Wealth Advisory buys $4.5 Million stake in Carter's (CRI)

Carter's (CRI) : Rpg Family Wealth Advisory scooped up 792 additional shares in Carter's during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 45,388 shares of Carter's which is valued at $4.5 Million.Carter's makes up approximately 3.53% of Rpg Family Wealth Advisory’s portfolio.

Other Hedge Funds, Including , Victory Capital Management Inc boosted its stake in CRI in the latest quarter, The investment management firm added 7,207 additional shares and now holds a total of 1,238,030 shares of Carter's which is valued at $123 Million. Carter's makes up approx 0.53% of Victory Capital Management Inc’s portfolio.Azimuth Capital Management boosted its stake in CRI in the latest quarter, The investment management firm added 187 additional shares and now holds a total of 33,502 shares of Carter's which is valued at $3.3 Million. Carter's makes up approx 0.32% of Azimuth Capital Management’s portfolio.Blackrock Fund Advisors reduced its stake in CRI by selling 28,526 shares or 1.59% in the most recent quarter. The Hedge Fund company now holds 1,763,152 shares of CRI which is valued at $175.2 Million. Carter's makes up approx 0.04% of Blackrock Fund Advisors’s portfolio.Ftb Advisors boosted its stake in CRI in the latest quarter, The investment management firm added 1,141 additional shares and now holds a total of 1,333 shares of Carter's which is valued at $132,420. Carter's makes up approx 0.01% of Ftb Advisors’s portfolio.Commonwealth Of Pennsylvania Public School Empls Retrmt Sys reduced its stake in CRI by selling 5,823 shares or 38.63% in the most recent quarter. The Hedge Fund company now holds 9,250 shares of CRI which is valued at $918,895. Carter's makes up approx 0.02% of Commonwealth Of Pennsylvania Public School Empls Retrmt Sys’s portfolio.

Carter's opened for trading at $99.76 and hit $101.72 on the upside on Friday, eventually ending the session at $100.97, with a gain of 1.72% or 1.71 points. The heightened volatility saw the trading volume jump to 5,65,039 shares. Company has a market cap of $5,126 M.

On the company’s financial health, Carter's reported $1.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $1.00. The company had revenue of $724.00 million for the quarter, compared to analysts expectations of $715.84 million. The company’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.97 EPS.

Many Wall Street Analysts have commented on Carter's. Company shares were Reiterated by FBR Capital on Apr 29, 2016 to “Outperform”, Firm has raised the Price Target to $ 111 from a previous price target of $104 .

Carter’s Inc. is a marketer of apparel for babies and young children in the United States. The Company owns two brand names in the children’s apparel industry Carter’s and OshKosh. The Company operates through five business segments: Carter’s retail Carter’s wholesale OshKosh retail OshKosh wholesale and International. It offers multiple product categories including baby sleepwear playclothes and related accessories. As of January 3 2015 the Company had approximately 18000 wholesale locations (including national department stores chain and specialty stores and discount retailers) 855 Company-operated stores and its Websites. As of January 3 2015 the Company operated 531 Carter’s and 200 OshKosh outlet brand and specialty stores in the United States. As of January 3 2015 its products are sold through 124 Company-operated stores in Canada in addition to its international wholesale licensing and online channels.

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