Fox Run Management L.l.c. adds Carter's (CRI) to its portfolio

Carter's (CRI) : Fox Run Management L.l.c. added new position in Carter's during the most recent quarter end. The investment management firm now holds 12,900 shares of Carter's which is valued at $1,428,159 , the company said in a statement filed on Jul 18, 2016 with the SEC.Carter's makes up approximately 0.66% of Fox Run Management L.l.c.’s portfolio.

Other Hedge Funds, Including , Simplex Trading added CRI to its portfolio by purchasing 6,175 company shares during the most recent quarter which is valued at $683,634. Carter's makes up approx 0.09% of Simplex Trading’s portfolio.Benjamin F. Edwards Company reduced its stake in CRI by selling 100 shares or 50.0% in the most recent quarter. The Hedge Fund company now holds 100 shares of CRI which is valued at $10,873. Washington Trust Bank added CRI to its portfolio by purchasing 49 company shares during the most recent quarter which is valued at $5,302.

Carter's opened for trading at $110 and hit $110.88 on the upside on Wednesday, eventually ending the session at $110.71, with a gain of 0.85% or 0.93 points. The heightened volatility saw the trading volume jump to 3,31,464 shares. Company has a market cap of $5,621 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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