Carter's (CRI) : Apertura Capital added new position in Carter's during the most recent quarter end. The investment management firm now holds 36,796 shares of Carter's which is valued at $3,792,564 , the company said in a statement filed on Aug 9, 2016 with the SEC.Carter's makes up approximately 5.49% of Apertura Capital’s portfolio.
Other Hedge Funds, Including , Ubs Asset Management Americas Inc boosted its stake in CRI in the latest quarter, The investment management firm added 1,200 additional shares and now holds a total of 39,635 shares of Carter's which is valued at $4,085,179.Boston Private Wealth boosted its stake in CRI in the latest quarter, The investment management firm added 72 additional shares and now holds a total of 10,014 shares of Carter's which is valued at $992,287. Carter's makes up approx 0.04% of Boston Private Wealth’s portfolio.Huntington National Bank reduced its stake in CRI by selling 543 shares or 57.64% in the most recent quarter. The Hedge Fund company now holds 399 shares of CRI which is valued at $40,235.Checchi Capital Advisers boosted its stake in CRI in the latest quarter, The investment management firm added 27 additional shares and now holds a total of 444 shares of Carter's which is valued at $49,253. Carter's makes up approx 0.01% of Checchi Capital Advisers’s portfolio.
Carter's closed down -1.81 points or -1.80% at $98.98 with 11,96,648 shares getting traded on Wednesday. Post opening the session at $100.52, the shares hit an intraday low of $98.28 and an intraday high of $101.12 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Carter's reported $0.72 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.66. The company had revenue of $639.50 million for the quarter, compared to analysts expectations of $636.92 million. The company’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 EPS.
Many Wall Street Analysts have commented on Carter's. Monness Crespi & Hardt Upgraded Carter's on Aug 8, 2016 to ” Buy”, Price Target of the shares are set at $118.
Carters Inc. is a marketer of apparel for babies and young children in the United States. The Company owns two brand names in the childrens apparel industry Carters 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.