PVH Corp (NYSE:PVH) Shares Bought by GSA Capital Partners LLP

GSA Capital Partners LLP lifted its position in shares of PVH Corp (NYSE:PVH) by 192.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,467 shares of the textile maker’s stock after purchasing an additional 7,546 shares during the period. GSA Capital Partners LLP’s holdings in PVH were worth $1,446,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. lifted its position in shares of PVH by 31.0% during the third quarter. Ameriprise Financial Inc. now owns 4,026,587 shares of the textile maker’s stock valued at $507,666,000 after purchasing an additional 952,394 shares in the last quarter. FMR LLC increased its holdings in PVH by 5.5% during the second quarter. FMR LLC now owns 3,587,739 shares of the textile maker’s stock worth $410,796,000 after buying an additional 187,588 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in PVH by 0.4% during the second quarter. JPMorgan Chase & Co. now owns 3,219,010 shares of the textile maker’s stock worth $368,576,000 after buying an additional 13,101 shares during the last quarter. Cramer Rosenthal Mcglynn LLC increased its holdings in PVH by 8.6% during the second quarter. Cramer Rosenthal Mcglynn LLC now owns 1,239,768 shares of the textile maker’s stock worth $141,953,000 after buying an additional 98,443 shares during the last quarter. Finally, Balyasny Asset Management LLC increased its holdings in PVH by 136.3% during the second quarter. Balyasny Asset Management LLC now owns 1,173,862 shares of the textile maker’s stock worth $134,407,000 after buying an additional 677,096 shares during the last quarter. 93.79% of the stock is currently owned by institutional investors.

PVH has been the subject of a number of research analyst reports. Piper Jaffray Companies restated a “buy” rating and set a $148.00 price objective on shares of PVH in a report on Sunday, October 1st. Zacks Investment Research upgraded shares of PVH from a “hold” rating to a “buy” rating and set a $143.00 price objective for the company in a report on Wednesday, September 20th. Cowen set a $150.00 price objective on shares of PVH and gave the stock a “buy” rating in a report on Monday, November 27th. B. Riley restated a “buy” rating on shares of PVH in a report on Wednesday, November 1st. Finally, JPMorgan Chase & Co. set a $160.00 price objective on shares of PVH and gave the stock a “buy” rating in a report on Thursday, November 30th. Five investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $147.59.

In related news, Director Mary Baglivo sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $133.99, for a total transaction of $267,980.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Emanuel Chirico sold 370,327 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $132.56, for a total transaction of $49,090,547.12. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 388,299 shares of company stock valued at $51,554,859. 1.50% of the stock is owned by corporate insiders.

PVH Corp (NYSE PVH) traded up $1.64 on Thursday, hitting $142.58. 490,021 shares of the stock traded hands, compared to its average volume of 891,143. The stock has a market capitalization of $10,970.00, a P/E ratio of 21.22, a price-to-earnings-growth ratio of 1.41 and a beta of 0.61. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.82 and a quick ratio of 0.97. PVH Corp has a 52-week low of $84.53 and a 52-week high of $143.70.

PVH (NYSE:PVH) last posted its earnings results on Wednesday, November 29th. The textile maker reported $3.02 earnings per share for the quarter, topping the consensus estimate of $2.91 by $0.11. The firm had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.34 billion. PVH had a net margin of 6.22% and a return on equity of 11.95%. The company’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the company earned $2.60 earnings per share. research analysts expect that PVH Corp will post 7.81 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 20th. Stockholders of record on Wednesday, November 22nd were paid a $0.038 dividend. The ex-dividend date of this dividend was Tuesday, November 21st. This represents a $0.15 annualized dividend and a dividend yield of 0.11%. PVH’s payout ratio is 2.23%.

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PVH Company Profile

PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.

Institutional Ownership by Quarter for PVH (NYSE:PVH)

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