PVH Corp. (NYSE:PVH) Shares Bought by Xponance Inc.

Xponance Inc. increased its position in shares of PVH Corp. (NYSE:PVH) by 8.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 6,953 shares of the textile maker’s stock after acquiring an additional 542 shares during the quarter. Xponance Inc.’s holdings in PVH were worth $735,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in PVH. UMB Bank n.a. lifted its stake in PVH by 78.5% during the fourth quarter. UMB Bank n.a. now owns 282 shares of the textile maker’s stock valued at $30,000 after purchasing an additional 124 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of PVH by 36.0% in the fourth quarter. GAMMA Investing LLC now owns 487 shares of the textile maker’s stock valued at $52,000 after buying an additional 129 shares in the last quarter. Allworth Financial LP acquired a new stake in shares of PVH during the 4th quarter valued at $50,000. Smartleaf Asset Management LLC grew its holdings in shares of PVH by 96.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 617 shares of the textile maker’s stock worth $65,000 after acquiring an additional 303 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of PVH by 11.8% during the fourth quarter. Assetmark Inc. now owns 1,451 shares of the textile maker’s stock valued at $153,000 after purchasing an additional 153 shares during the last quarter. Institutional investors own 97.25% of the company’s stock.

PVH Stock Performance

Shares of PVH opened at $69.39 on Tuesday. The firm has a market cap of $3.86 billion, a price-to-earnings ratio of 5.65, a price-to-earnings-growth ratio of 0.77 and a beta of 2.10. The company’s fifty day moving average is $79.28 and its 200-day moving average is $93.71. The company has a quick ratio of 0.69, a current ratio of 1.29 and a debt-to-equity ratio of 0.31. PVH Corp. has a 12 month low of $62.94 and a 12 month high of $141.15.

PVH Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th will be issued a dividend of $0.0375 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.15 annualized dividend and a yield of 0.22%. PVH’s dividend payout ratio (DPR) is currently 1.22%.

Wall Street Analysts Forecast Growth

PVH has been the topic of several recent analyst reports. The Goldman Sachs Group cut their price objective on PVH from $128.00 to $109.00 and set a “buy” rating on the stock in a report on Tuesday, March 4th. UBS Group decreased their price objective on shares of PVH from $172.00 to $160.00 and set a “buy” rating for the company in a research note on Wednesday, March 19th. JPMorgan Chase & Co. downgraded shares of PVH from an “overweight” rating to a “neutral” rating and cut their target price for the company from $149.00 to $113.00 in a research note on Friday, January 24th. Jefferies Financial Group decreased their target price on PVH from $104.00 to $101.00 and set a “hold” rating for the company in a research report on Tuesday, January 28th. Finally, Wells Fargo & Company downgraded PVH from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $130.00 to $105.00 in a research note on Monday, February 3rd. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, PVH presently has an average rating of “Moderate Buy” and a consensus target price of $118.13.

Insider Transactions at PVH

In related news, EVP Mark D. Fischer sold 3,186 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $105.50, for a total value of $336,123.00. Following the completion of the sale, the executive vice president now directly owns 23,103 shares in the company, valued at approximately $2,437,366.50. The trade was a 12.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is currently owned by corporate insiders.

PVH Profile

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.