PVH Corp (PVH) EVP Sells $318,550.00 in Stock

PVH Corp (NYSE:PVH) EVP Mark D. Fischer sold 2,300 shares of the stock in a transaction that occurred on Saturday, December 29th. The shares were sold at an average price of $138.50, for a total transaction of $318,550.00. The transaction was disclosed in a filing with the SEC, which is available through this link.

Mark D. Fischer also recently made the following trade(s):

  • On Thursday, January 4th, Mark D. Fischer sold 2,300 shares of PVH stock. The shares were sold at an average price of $140.50, for a total transaction of $323,150.00.
  • On Friday, December 29th, Mark D. Fischer sold 2,300 shares of PVH stock. The shares were sold at an average price of $138.50, for a total transaction of $318,550.00.

Shares of PVH Corp (NYSE:PVH) opened at $140.94 on Thursday. PVH Corp has a twelve month low of $84.53 and a twelve month high of $143.70. The company has a current ratio of 1.82, a quick ratio of 0.97 and a debt-to-equity ratio of 0.61. The company has a market cap of $10,840.00, a price-to-earnings ratio of 20.97, a P/E/G ratio of 1.41 and a beta of 0.61.

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

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

PVH has been the topic of several analyst reports. Deutsche Bank initiated coverage on shares of PVH in a report on Monday, October 23rd. They issued a “hold” rating and a $131.00 price objective on the stock. Cowen set a $145.00 price objective on shares of PVH and gave the company a “buy” rating in a report on Wednesday, November 1st. Zacks Investment Research upgraded shares of PVH from a “hold” rating to a “buy” rating and set a $143.00 price objective on the stock in a report on Thursday, September 14th. Piper Jaffray Companies set a $148.00 price objective on shares of PVH and gave the company a “buy” rating in a report on Monday, November 27th. Finally, Barclays set a $156.00 target price on shares of PVH and gave the stock a “buy” rating in a report on Saturday, December 2nd. Six investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $147.35.

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

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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.

Insider Buying and Selling by Quarter for PVH (NYSE:PVH)

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