PVH Corp (NYSE:PVH) insider Melanie Steiner sold 320 shares of the company’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $136.99, for a total value of $43,836.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Shares of PVH Corp (NYSE PVH) traded up $1.05 on Friday, hitting $143.63. The stock had a trading volume of 488,816 shares, compared to its average volume of 873,420. PVH Corp has a 12-month low of $84.53 and a 12-month high of $144.83. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.97 and a current ratio of 1.82. The stock has a market cap of $11,050.00, a price-to-earnings ratio of 21.37, a PEG ratio of 1.40 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, beating the consensus estimate of $2.91 by $0.11. The firm had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.34 billion. PVH had a return on equity of 11.95% and a net margin of 6.22%. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.60 EPS. research analysts forecast that PVH Corp will post 7.81 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, December 20th. Investors 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 dividend on an annualized basis and a yield of 0.11%. PVH’s dividend payout ratio (DPR) is 2.23%.
A number of research firms have weighed in on PVH. B. Riley restated a “buy” rating on shares of PVH in a report on Wednesday, November 1st. Zacks Investment Research lowered PVH from a “buy” rating to a “hold” rating in a report on Wednesday. Barclays began coverage on PVH in a report on Tuesday, September 19th. They set an “overweight” rating and a $147.00 target price for the company. Piper Jaffray Companies set a $148.00 target price on PVH and gave the stock a “buy” rating in a report on Monday, November 27th. Finally, Cowen set a $145.00 target price on PVH and gave the stock a “buy” rating in a report on Wednesday, November 1st. Five investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $147.59.
Hedge funds have recently modified their holdings of the stock. Advisors Asset Management Inc. raised its stake in PVH by 28.2% in the 2nd quarter. Advisors Asset Management Inc. now owns 927 shares of the textile maker’s stock worth $106,000 after acquiring an additional 204 shares during the last quarter. YorkBridge Wealth Partners LLC acquired a new stake in PVH during the 3rd quarter worth about $108,000. Fiduciary Trust Co. acquired a new stake in PVH during the 2nd quarter worth about $138,000. Penserra Capital Management LLC grew its position in PVH by 24.7% during the 2nd quarter. Penserra Capital Management LLC now owns 1,664 shares of the textile maker’s stock worth $190,000 after purchasing an additional 330 shares during the period. Finally, Cadence Capital Management LLC acquired a new stake in PVH during the 2nd quarter worth about $200,000. Institutional investors own 93.79% of the company’s stock.
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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.
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