VF Corp (VFC) Shares Sold by Lapides Asset Management LLC

Lapides Asset Management LLC lowered its position in VF Corp (NYSE:VFC) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,400 shares of the textile maker’s stock after selling 700 shares during the period. Lapides Asset Management LLC’s holdings in VF were worth $1,288,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. raised its position in VF by 44.2% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 11,000 shares of the textile maker’s stock worth $111,000 after purchasing an additional 3,372 shares during the last quarter. Cerebellum GP LLC bought a new position in VF in the 4th quarter worth approximately $131,000. Carroll Financial Associates Inc. raised its position in VF by 368.3% in the 4th quarter. Carroll Financial Associates Inc. now owns 2,051 shares of the textile maker’s stock worth $151,000 after purchasing an additional 1,613 shares during the last quarter. Alps Advisors Inc. bought a new position in VF in the 4th quarter worth approximately $205,000. Finally, Investment Partners Ltd. OH ADV bought a new position in VF in the 4th quarter worth approximately $207,000.

In other news, VP Scott H. Baxter sold 89,822 shares of the business’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $71.14, for a total value of $6,389,937.08. Following the completion of the transaction, the vice president now owns 127,844 shares of the company’s stock, valued at approximately $9,094,822.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Scott H. Baxter sold 39,694 shares of the business’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $71.50, for a total transaction of $2,838,121.00. Following the completion of the transaction, the vice president now directly owns 112,202 shares of the company’s stock, valued at approximately $8,022,443. The disclosure for this sale can be found here. 1.60% of the stock is owned by insiders.

Several research firms recently weighed in on VFC. Susquehanna Bancshares restated a “buy” rating and issued a $95.00 price objective on shares of VF in a research report on Monday, January 29th. Pivotal Research set a $95.00 target price on shares of VF and gave the stock a “buy” rating in a report on Wednesday. Cowen set a $67.00 target price on shares of VF and gave the stock a “hold” rating in a report on Tuesday, October 17th. Guggenheim reaffirmed a “buy” rating and set a $84.00 target price on shares of VF in a report on Wednesday, January 10th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of VF in a report on Tuesday, October 17th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the company. VF currently has a consensus rating of “Hold” and an average price target of $73.05.

VF Corp (NYSE:VFC) opened at $82.11 on Wednesday. VF Corp has a fifty-two week low of $49.93 and a fifty-two week high of $82.95. The stock has a market cap of $31,888.53, a price-to-earnings ratio of 26.55, a PEG ratio of 2.25 and a beta of 0.90. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.47 and a quick ratio of 0.97.

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About VF

V.F. Corporation (VF) is engaged in the design, production, procurement, marketing and distribution of branded lifestyle apparel, footwear and related products. The Company’s segments include Outdoor & Action Sports, Jeanswear, Imagewear and Sportswear. Its Outdoor & Action Sports Coalition is a group of authentic outdoor and activity-based lifestyle brands.

Institutional Ownership by Quarter for VF (NYSE:VFC)

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