As Carters INC (CRI) Stock Price Declined, Shanda Payment Holdings LTD Has Lowered Stake

Carter's, Inc. (NYSE:CRI) LogoInvestors sentiment increased to 1.03 in Q1 2019. Its up 0.33, from 0.7 in 2018Q4. It is positive, as 36 investors sold CRI shares while 94 reduced holdings. 54 funds opened positions while 80 raised stakes. 44.27 million shares or 3.31% less from 45.79 million shares in 2018Q4 were reported. Dubuque National Bank & Trust And Com has 0.01% invested in Carter's, Inc. (NYSE:CRI). Massmutual Communications Fsb Adv has invested 0% of its portfolio in Carter's, Inc. (NYSE:CRI). Credit Suisse Ag accumulated 0% or 41,338 shares. Brinker reported 15,502 shares. Moreover, Boston Private Wealth Lc has 0.02% invested in Carter's, Inc. (NYSE:CRI) for 4,525 shares. Brown Brothers Harriman And stated it has 0.01% in Carter's, Inc. (NYSE:CRI). Hahn Capital Limited Liability Com holds 0% of its portfolio in Carter's, Inc. (NYSE:CRI) for 271,963 shares. Mariner Lc holds 0% or 3,343 shares. Envestnet Asset has invested 0.01% of its portfolio in Carter's, Inc. (NYSE:CRI). Teachers Retirement Systems Of The State Of Kentucky invested in 0.08% or 63,833 shares. Great West Life Assurance Can holds 0.01% or 28,185 shares. Signaturefd reported 0% in Carter's, Inc. (NYSE:CRI). Shellback Capital Ltd Partnership reported 30,600 shares. Parkside National Bank Trust has invested 0% in Carter's, Inc. (NYSE:CRI). Yorktown Mngmt accumulated 3,500 shares.

Shanda Payment Holdings Ltd decreased its stake in Carters Inc (CRI) by 81.28% based on its latest 2019Q1 regulatory filing with the SEC. Shanda Payment Holdings Ltd sold 43,414 shares as the company’s stock declined 11.30% . The institutional investor held 10,000 shares of the consumer non-durables company at the end of 2019Q1, valued at $1.01 million, down from 53,414 at the end of the previous reported quarter. Shanda Payment Holdings Ltd who had been investing in Carters Inc for a number of months, seems to be less bullish one the $3.73 billion market cap company. The stock decreased 5.44% or $4.85 during the last trading session, reaching $84.3. About 513,213 shares traded. Carter's, Inc. (NYSE:CRI) has declined 9.76% since August 14, 2018 and is downtrending. It has underperformed by 9.76% the S&P500.

Analysts await Carter's, Inc. (NYSE:CRI) to report earnings on October, 24. They expect $1.68 EPS, up 4.35 % or $0.07 from last year’s $1.61 per share. CRI’s profit will be $74.33M for 12.54 P/E if the $1.68 EPS becomes a reality. After $0.95 actual EPS reported by Carter's, Inc. for the previous quarter, Wall Street now forecasts 76.84 % EPS growth.

More notable recent Carter's, Inc. (NYSE:CRI) news were published by: Finance.Yahoo.com which released: “How Carter’s, Inc. (NYSE:CRI) Can Impact Your Portfolio Volatility – Yahoo Finance” on June 22, 2019, also Seekingalpha.com with their article: “BAML talks tariff risk for PVH, CRI and RL – Seeking Alpha” published on August 02, 2019, Benzinga.com published: “Why This Analyst Is Cautious On Lululemon, Carter’s – Benzinga” on July 10, 2019. More interesting news about Carter's, Inc. (NYSE:CRI) were released by: Finance.Yahoo.com and their article: “Did You Miss Carter’s’s (NYSE:CRI) 33% Share Price Gain? – Yahoo Finance” published on July 11, 2019 as well as Finance.Yahoo.com‘s news article titled: “What Investors Should Know About Carter’s, Inc.’s (NYSE:CRI) Financial Strength – Yahoo Finance” with publication date: June 08, 2019.

Carter's, Inc. (NYSE:CRI) Ratings Coverage

Among 5 analysts covering Carter’s (NYSE:CRI), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Carter’s had 9 analyst reports since February 25, 2019 according to SRatingsIntel. As per Monday, February 25, the company rating was maintained by Wells Fargo. The rating was maintained by UBS with “Hold” on Wednesday, February 27. On Monday, March 25 the stock rating was maintained by UBS with “Hold”. The rating was reinitiated by Citigroup with “Buy” on Monday, March 18. The rating was maintained by FBR Capital on Tuesday, February 26 with “Buy”.

Carter's, Inc. (NYSE:CRI) Institutional Positions Chart

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