180 Wealth Advisors LLC Purchases Shares of 5,339 PVH Corp. (NYSE:PVH)

180 Wealth Advisors LLC acquired a new position in PVH Corp. (NYSE:PVH) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,339 shares of the textile maker’s stock, valued at approximately $565,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Commonwealth Equity Services LLC raised its position in PVH by 4.5% in the second quarter. Commonwealth Equity Services LLC now owns 2,495 shares of the textile maker’s stock worth $264,000 after acquiring an additional 108 shares during the period. American Century Companies Inc. raised its holdings in PVH by 37.4% in the 2nd quarter. American Century Companies Inc. now owns 80,021 shares of the textile maker’s stock worth $8,472,000 after purchasing an additional 21,790 shares during the period. DekaBank Deutsche Girozentrale lifted its position in PVH by 82.3% during the second quarter. DekaBank Deutsche Girozentrale now owns 7,281 shares of the textile maker’s stock valued at $776,000 after purchasing an additional 3,287 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in PVH by 14.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 2,320,471 shares of the textile maker’s stock valued at $245,668,000 after purchasing an additional 296,040 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in PVH by 1.8% in the second quarter. Dimensional Fund Advisors LP now owns 3,148,855 shares of the textile maker’s stock worth $333,375,000 after buying an additional 55,293 shares in the last quarter. Hedge funds and other institutional investors own 97.25% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on PVH. Telsey Advisory Group reaffirmed an “outperform” rating and set a $130.00 price objective on shares of PVH in a research report on Wednesday, December 4th. Barclays lifted their price target on shares of PVH from $142.00 to $144.00 and gave the company an “overweight” rating in a report on Monday, December 9th. Bank of America cut shares of PVH from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $130.00 to $107.00 in a research note on Wednesday, October 2nd. Finally, Guggenheim lifted their target price on shares of PVH from $105.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $128.00.

Insider Buying and Selling at PVH

In other PVH news, EVP Mark D. Fischer sold 3,186 shares of the business’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $105.50, for a total transaction of $336,123.00. Following the transaction, the executive vice president now owns 23,103 shares in the company, valued at $2,437,366.50. The trade was a 12.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 1.00% of the company’s stock.

PVH Stock Up 1.1 %

Shares of PVH opened at $98.69 on Wednesday. The business’s 50 day simple moving average is $105.60 and its 200-day simple moving average is $101.27. PVH Corp. has a 1 year low of $89.56 and a 1 year high of $141.15. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.29 and a quick ratio of 0.69. The stock has a market capitalization of $5.49 billion, a price-to-earnings ratio of 8.04, a price-to-earnings-growth ratio of 1.10 and a beta of 2.09.

PVH (NYSE:PVH) last released its quarterly earnings data on Wednesday, December 4th. The textile maker reported $3.03 EPS for the quarter, beating the consensus estimate of $2.59 by $0.44. PVH had a net margin of 8.13% and a return on equity of 13.66%. The business had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.22 billion. During the same quarter last year, the business earned $2.90 earnings per share. PVH’s quarterly revenue was down 4.6% compared to the same quarter last year. As a group, equities analysts expect that PVH Corp. will post 11.68 earnings per share for the current fiscal year.

PVH Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Wednesday, November 27th were paid a dividend of $0.0375 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $0.15 annualized dividend and a yield of 0.15%. PVH’s payout ratio is currently 1.22%.

About PVH

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.