2 weeks Ago By Defense World Staff
Bokf Na decreased its stake in shares of VF Corporation ( NYSE:VFC – Free Report ) by 31.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,909 shares of the textile maker’s stock after selling 859 shares during the quarter.
Bokf Na’s holdings in VF were worth $26,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Intech Investment Management LLC acquired a new position in shares of VF during the 4th quarter valued at about $1,518,000.
Principal Financial Group Inc. boosted its holdings in VF by 328.0% in the 2nd quarter.
Principal Financial Group Inc. now owns 1,623,875 shares of the textile maker’s stock valued at $21,922,000 after purchasing an additional 1,244,448 shares during the last quarter. Sompo Asset Management Co.
Ltd. grew its stake in shares of VF by 60.6% in the 4th quarter.
Sompo Asset Management Co. Ltd. now owns 351,520 shares of the textile maker’s stock valued at $6,609,000 after buying an additional 132,650 shares during the period.
Compass Wealth Management LLC acquired a new stake in shares of VF during the 1st quarter worth approximately $2,574,000. Finally, Virtu Financial LLC purchased a new stake in shares of VF during the 4th quarter valued at approximately $1,036,000. Institutional investors and hedge funds own 86.
84% of the company’s stock. Analyst Ratings Changes Several equities research analysts have issued reports on the company. Robert W.
Baird raised their target price on VF from $13.00 to $17.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 7th.
Telsey Advisory Group boosted their price objective on shares of VF from $15.00 to $19.00 and gave the company a “market perform” rating in a report on Wednesday, August 7th.
Bank of America decreased their target price on shares of VF from $13.00 to $11.00 and set an “underperform” rating on the stock in a research report on Thursday, May 23rd.
The Goldman Sachs Group dropped their price target on shares of VF from $12.50 to $11.00 and set a “neutral” rating for the company in a research report on Thursday, May 23rd.
Finally, UBS Group upped their price objective on shares of VF from $12.00 to $17.00 and gave the stock a “neutral” rating in a report on Friday, August 16th.
Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, VF presently has an average rating of “Hold” and an average target price of $15.
81. VF Trading Up 1.1 % Shares of NYSE:VFC opened at $18.
40 on Wednesday. The company has a market cap of $7.16 billion, a PE ratio of -7.
36, a P/E/G ratio of 1.94 and a beta of 1.53.
The company’s 50 day moving average is $16.82 and its two-hundred day moving average is $14.70.
VF Corporation has a 52 week low of $11.00 and a 52 week high of $20.69.
The company has a current ratio of 0.99, a quick ratio of 0.51 and a debt-to-equity ratio of 2.
84. VF ( NYSE:VFC – Get Free Report ) last announced its quarterly earnings results on Tuesday, August 6th. The textile maker reported ($0.
33) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.04.
The company had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.85 billion.
VF had a positive return on equity of 11.75% and a negative net margin of 11.39%.
VF’s revenue for the quarter was down 8.9% on a year-over-year basis. During the same period in the previous year, the business earned ($0.
15) EPS. Equities analysts predict that VF Corporation will post 0.73 earnings per share for the current fiscal year.
VF Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 18th. Shareholders of record on Tuesday, September 10th will be paid a $0.09 dividend.
The ex-dividend date is Tuesday, September 10th. This represents a $0.36 annualized dividend and a yield of 1.
96%. VF’s dividend payout ratio is presently -14.40%.
Insiders Place Their Bets In other news, Director Richard Carucci bought 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The stock was purchased at an average cost of $16.70 per share, with a total value of $250,500.
00. Following the transaction, the director now directly owns 230,178 shares in the company, valued at $3,843,972.60.
The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website . Corporate insiders own 0.70% of the company’s stock.
VF Profile ( Free Report ) V.F. Corporation, together with its subsidiaries, engages in the design, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and accessories for men, women, and children in the Americas, Europe, and the Asia-Pacific.
It operates through three segments: Outdoor, Active, and Work. Recommended Stories Five stocks we like better than VF Stock Market Sectors: What Are They and How Many Are There? Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion? What Investors Must Know About Over-the-Counter (OTC) Stocks Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge What is the Shanghai Stock Exchange Composite Index? Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker Want to see what other hedge funds are holding VFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VF Corporation ( NYSE:VFC – Free Report ).
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