V.F. (NYSE:VFC) Hits New 12-Month Low at $19.39

V.F. Co. (NYSE:VFC – Get Rating)’s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $19.39 and last traded at $19.56, with a volume of 3193739 shares traded. The stock had previously closed at $20.77.

Wall Street Analyst Weigh In

Several analysts recently issued reports on VFC shares. Williams Trading upgraded V.F. from a “sell” rating to a “buy” rating in a research report on Monday, March 20th. BMO Capital Markets raised their price target on V.F. from $27.00 to $28.00 and gave the company a “market perform” rating in a report on Wednesday, February 8th. Stifel Nicolaus upgraded V.F. from a “hold” rating to a “buy” rating and set a $30.00 price target for the company in a report on Friday, February 10th. Robert W. Baird cut their price target on V.F. from $30.00 to $24.00 in a report on Monday, March 20th. Finally, The Goldman Sachs Group upgraded V.F. from a “sell” rating to a “buy” rating and raised their price target for the company from $26.00 to $27.00 in a report on Friday, April 14th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $30.89.

V.F. Stock Performance

The firm has a market capitalization of $7.41 billion, a P/E ratio of 17.82, a P/E/G ratio of 3.01 and a beta of 1.44. The firm has a 50-day moving average price of $21.73 and a two-hundred day moving average price of $26.26. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.15 and a quick ratio of 0.58.

Insider Transactions at V.F.

In other V.F. news, Director Carol L. Roberts bought 7,109 shares of the firm’s stock in a transaction dated Wednesday, March 15th. The stock was acquired at an average cost of $21.07 per share, for a total transaction of $149,786.63. Following the completion of the transaction, the director now owns 7,109 shares in the company, valued at $149,786.63. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.90% of the company’s stock.

Institutional Trading of V.F.

Institutional investors and hedge funds have recently made changes to their positions in the business. TCI Wealth Advisors Inc. raised its holdings in shares of V.F. by 345.7% in the fourth quarter. TCI Wealth Advisors Inc. now owns 927 shares of the textile maker’s stock valued at $26,000 after acquiring an additional 719 shares in the last quarter. SJS Investment Consulting Inc. raised its holdings in shares of V.F. by 50.4% in the fourth quarter. SJS Investment Consulting Inc. now owns 1,006 shares of the textile maker’s stock valued at $28,000 after acquiring an additional 337 shares in the last quarter. General Partner Inc. bought a new stake in shares of V.F. in the fourth quarter valued at about $30,000. North Star Investment Management Corp. raised its holdings in shares of V.F. by 1,000.0% in the first quarter. North Star Investment Management Corp. now owns 1,320 shares of the textile maker’s stock valued at $30,000 after acquiring an additional 1,200 shares in the last quarter. Finally, Bogart Wealth LLC raised its holdings in shares of V.F. by 878.9% in the fourth quarter. Bogart Wealth LLC now owns 1,116 shares of the textile maker’s stock valued at $31,000 after acquiring an additional 1,002 shares in the last quarter. 96.89% of the stock is currently owned by institutional investors.

V.F. Company Profile

(Get Rating)

VF Corp. designs, produces, procures, markets and distributes lifestyle apparel, footwear and related products. It operates through the following segments: Outdoor, Active, and Work. The Outdoor segment refers to authentic outdoor-based lifestyle brands including performance-based apparel, footwear, equipment, backpacks, luggage and accessories.