Apg Asset Management Nv Has Increased Its Carter INC (CRI) Position by $47.48 Million as Stock Price Declined

October 13, 2018 - By Hazel Jackson

Carter's, Inc. (NYSE:CRI) LogoInvestors sentiment decreased to 1 in Q2 2018. Its down 0.41, from 1.41 in 2018Q1. It fall, as 44 investors sold CRI shares while 114 reduced holdings. 48 funds opened positions while 110 raised stakes. 42.93 million shares or 2.46% less from 44.01 million shares in 2018Q1 were reported. Metropolitan Life Ins Com New York, New York-based fund reported 15,917 shares. Moreover, Mackenzie has 0.23% invested in Carter's, Inc. (NYSE:CRI). Bluemountain Cap Management Ltd, New York-based fund reported 365 shares. Liberty Mutual Group Asset accumulated 9,347 shares or 0.03% of the stock. Dean Inv Assocs Ltd Liability Company accumulated 6,645 shares or 0.11% of the stock. Spark Investment Management Ltd invested in 0.2% or 32,000 shares. Moreover, Alpha Windward Lc has 0.3% invested in Carter's, Inc. (NYSE:CRI) for 4,500 shares. 15,936 were accumulated by Trillium Asset Mngmt Lc. The Illinois-based Nuveen Asset Mngmt Ltd Company has invested 0.06% in Carter's, Inc. (NYSE:CRI). Raymond James Assocs has invested 0% of its portfolio in Carter's, Inc. (NYSE:CRI). Deprince Race Zollo has 0.03% invested in Carter's, Inc. (NYSE:CRI). Vaughan Nelson Invest Management Lp owns 498,315 shares or 0.64% of their US portfolio. Fdx Inc, California-based fund reported 5,192 shares. Great West Life Assurance Can owns 34,727 shares for 0.01% of their portfolio. Kentucky-based Hl Financial has invested 0% in Carter's, Inc. (NYSE:CRI).

Apg Asset Management Nv increased its stake in Carter Inc (CRI) by 47.92% based on its latest 2018Q2 regulatory filing with the SEC. Apg Asset Management Nv bought 516,100 shares as the company’s stock declined 9.07% while stock markets rallied. The institutional investor held 1.59 million shares of the consumer non-durables company at the end of 2018Q2, valued at $147.90M, up from 1.08 million at the end of the previous reported quarter. Apg Asset Management Nv who had been investing in Carter Inc for a number of months, seems to be bullish on the $4.45 billion market cap company. The stock increased 1.61% or $1.52 during the last trading session, reaching $95.72. About 1.05 million shares traded or 14.49% up from the average. Carter's, Inc. (NYSE:CRI) has risen 6.08% since October 13, 2017 and is uptrending. It has underperformed by 9.54% the S&P500.

Apg Asset Management Nv, which manages about $54.40 billion US Long portfolio, decreased its stake in Oracle Corp (NYSE:ORCL) by 2.52 million shares to 1.67 million shares, valued at $63.12M in 2018Q2, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 544,800 shares in the quarter, leaving it with 8.81 million shares, and cut its stake in Suncor Energy Inc New (NYSE:SU).

More news for Carter's, Inc. (NYSE:CRI) were recently published by: Seekingalpha.com, which released: “Wells Fargo stays confident on Carter’s” on September 26, 2018. Seekingalpha.com‘s article titled: “Valuing Carter’s Inc.: A Discounted Cash Flow Analysis” and published on September 17, 2018 is yet another important article.

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

Among 2 analysts covering Carter’s (NYSE:CRI), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Carter’s had 2 analyst reports since April 24, 2018 according to SRatingsIntel. As per Tuesday, April 24, the company rating was maintained by Cowen & Co.

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

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