V.F. Co. (NYSE:VFC) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC lifted its position in V.F. Co. (NYSE:VFCFree Report) by 102.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 115,244 shares of the textile maker’s stock after purchasing an additional 58,323 shares during the quarter. SG Americas Securities LLC’s holdings in V.F. were worth $2,167,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Point72 Hong Kong Ltd boosted its holdings in shares of V.F. by 106.9% in the first quarter. Point72 Hong Kong Ltd now owns 1,131 shares of the textile maker’s stock valued at $64,000 after acquiring an additional 17,451 shares during the period. International Assets Investment Management LLC purchased a new stake in V.F. in the 3rd quarter valued at $27,000. PCA Investment Advisory Services Inc. acquired a new stake in V.F. during the 2nd quarter worth $31,000. CKW Financial Group purchased a new position in V.F. during the 3rd quarter worth $30,000. Finally, Chilton Capital Management LLC acquired a new position in V.F. in the first quarter valued at $46,000. Hedge funds and other institutional investors own 86.84% of the company’s stock.

V.F. Trading Up 6.0 %

Shares of VFC opened at $15.11 on Thursday. V.F. Co. has a twelve month low of $12.85 and a twelve month high of $23.58. The company has a current ratio of 1.23, a quick ratio of 0.70 and a debt-to-equity ratio of 2.25. The firm has a market capitalization of $5.88 billion, a P/E ratio of -7.66, a PEG ratio of 1.97 and a beta of 1.48. The firm’s 50-day moving average is $15.95 and its two-hundred day moving average is $16.78.

V.F. (NYSE:VFCGet Free Report) last released its quarterly earnings results on Tuesday, February 6th. The textile maker reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.22). The firm had revenue of $2.96 billion during the quarter, compared to analyst estimates of $3.24 billion. V.F. had a positive return on equity of 19.03% and a negative net margin of 7.07%. The business’s revenue was down 16.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.12 EPS. On average, research analysts predict that V.F. Co. will post 1.11 earnings per share for the current fiscal year.

V.F. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 11th were given a $0.09 dividend. The ex-dividend date was Friday, March 8th. This represents a $0.36 annualized dividend and a dividend yield of 2.38%. V.F.’s dividend payout ratio is presently -18.27%.

Analyst Ratings Changes

Several brokerages have recently weighed in on VFC. Wells Fargo & Company decreased their target price on shares of V.F. from $17.00 to $14.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 7th. Williams Trading reissued a “sell” rating on shares of V.F. in a report on Thursday, January 25th. Stifel Nicolaus cut their price target on V.F. from $24.00 to $22.00 and set a “buy” rating for the company in a research note on Wednesday, February 7th. StockNews.com upgraded shares of V.F. from a “sell” rating to a “hold” rating in a research report on Thursday, February 8th. Finally, Wedbush cut their price objective on shares of V.F. from $16.50 to $15.50 and set a “neutral” rating for the company in a research report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $18.70.

Get Our Latest Report on V.F.

Insider Activity at V.F.

In other V.F. news, Director Juliana L. Chugg purchased 11,301 shares of V.F. stock in a transaction on Monday, February 12th. The shares were bought at an average price of $17.55 per share, with a total value of $198,332.55. Following the completion of the acquisition, the director now directly owns 26,301 shares of the company’s stock, valued at $461,582.55. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, insider Bracken Darrell acquired 65,360 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The stock was purchased at an average price of $15.38 per share, for a total transaction of $1,005,236.80. Following the transaction, the insider now owns 144,281 shares in the company, valued at approximately $2,219,041.78. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Juliana L. Chugg bought 11,301 shares of V.F. stock in a transaction on Monday, February 12th. The stock was purchased at an average price of $17.55 per share, for a total transaction of $198,332.55. Following the completion of the acquisition, the director now owns 26,301 shares in the company, valued at approximately $461,582.55. The disclosure for this purchase can be found here. 0.60% of the stock is owned by corporate insiders.

About V.F.

(Free Report)

V.F. Corporation, together with its subsidiaries, engages in the design, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Outdoor, Active, and Work.

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Institutional Ownership by Quarter for V.F. (NYSE:VFC)

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