1 week Ago By ABMN Staff
Levi Strauss & Co. ( NYSE:LEVI – Free Report ) had its price objective lowered by Barclays from $22.00 to $18.
00 in a research report sent to investors on Tuesday morning, Benzinga reports. Barclays currently has an overweight rating on the blue-jean maker’s stock. A number of other equities research analysts have also weighed in on LEVI.
UBS Group decreased their target price on Levi Strauss & Co. from $26.00 to $25.
00 and set a “buy” rating for the company in a research report on Monday, February 3rd. Wells Fargo & Company lowered their price objective on shares of Levi Strauss & Co. from $20.
00 to $17.00 and set an “equal weight” rating for the company in a research note on Thursday, January 30th. Guggenheim raised their target price on shares of Levi Strauss & Co.
from $20.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, February 3rd.
Citigroup reduced their price objective on shares of Levi Strauss & Co. from $19.00 to $14.
00 and set a “neutral” rating for the company in a research note on Monday. Finally, JPMorgan Chase & Co. raised Levi Strauss & Co.
from a “neutral” rating to an “overweight” rating and dropped their target price for the company from $19.00 to $17.00 in a research report on Tuesday.
Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $19.
45. View Our Latest Stock Report on Levi Strauss & Co. Levi Strauss & Co.
Stock Down 7.3 % Levi Strauss & Co. ( NYSE:LEVI – Get Free Report ) last issued its earnings results on Monday, April 7th.
The blue-jean maker reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.
10. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.
54 billion. Levi Strauss & Co. had a net margin of 3.
32% and a return on equity of 25.88%. During the same period in the prior year, the firm earned $0.
26 EPS. The company’s revenue for the quarter was up 3.1% compared to the same quarter last year.
Equities research analysts expect that Levi Strauss & Co. will post 1.27 earnings per share for the current year.
Levi Strauss & Co. Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Thursday, April 24th will be paid a dividend of $0.
13 per share. The ex-dividend date is Thursday, April 24th. This represents a $0.
52 dividend on an annualized basis and a dividend yield of 4.16%. Levi Strauss & Co.
’s payout ratio is 58.43%. Insider Activity at Levi Strauss & Co.
In other Levi Strauss & Co. news, Director David A. Friedman sold 4,166 shares of the company’s stock in a transaction that occurred on Monday, February 3rd.
The shares were sold at an average price of $18.44, for a total transaction of $76,821.04.
Following the transaction, the director now owns 100,012 shares in the company, valued at approximately $1,844,221.28. This represents a 4.
00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website . 1.
25% of the stock is currently owned by insiders. Institutional Investors Weigh In On Levi Strauss & Co. A number of large investors have recently made changes to their positions in LEVI.
BNP Paribas Financial Markets raised its stake in Levi Strauss & Co. by 274.5% in the 3rd quarter.
BNP Paribas Financial Markets now owns 33,657 shares of the blue-jean maker’s stock worth $734,000 after acquiring an additional 24,669 shares during the last quarter. Stifel Financial Corp raised its stake in shares of Levi Strauss & Co. by 73.
9% in the third quarter. Stifel Financial Corp now owns 149,947 shares of the blue-jean maker’s stock worth $3,269,000 after purchasing an additional 63,718 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Levi Strauss & Co.
during the third quarter worth about $832,000. Geode Capital Management LLC boosted its position in Levi Strauss & Co. by 1.
9% in the third quarter. Geode Capital Management LLC now owns 1,123,957 shares of the blue-jean maker’s stock valued at $24,512,000 after buying an additional 20,870 shares during the last quarter. Finally, Tidal Investments LLC increased its holdings in Levi Strauss & Co.
by 11.2% in the 3rd quarter. Tidal Investments LLC now owns 166,736 shares of the blue-jean maker’s stock worth $3,635,000 after buying an additional 16,785 shares during the period.
69.14% of the stock is owned by hedge funds and other institutional investors. About Levi Strauss & Co.
( Get Free Report ) Levi Strauss & Co engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia.
The company was founded by Levi Strauss in 1853 and is headquartered in San Francisco, CA. Featured Articles Receive News & Ratings for Levi Strauss & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Levi Strauss & Co.
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