PVH (NYSE:PVH) EVP Mark D. Fischer sold 2,000 shares of the business’s stock in a transaction on Thursday, April 5th. The stock was sold at an average price of $159.00, for a total transaction of $318,000.00. The sale was disclosed in a document filed with the SEC, which is available at this link.
Mark D. Fischer also recently made the following trade(s):
- On Thursday, January 18th, Mark D. Fischer sold 891 shares of PVH stock. The stock was sold at an average price of $147.34, for a total transaction of $131,279.94.
NYSE PVH opened at $156.73 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.62 and a quick ratio of 0.77. PVH has a 1 year low of $96.85 and a 1 year high of $160.22. The firm has a market capitalization of $11,955.59, a price-to-earnings ratio of 19.74, a P/E/G ratio of 1.30 and a beta of 0.74.
PVH (NYSE:PVH) last released its quarterly earnings data on Wednesday, March 28th. The textile maker reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.11. PVH had a net margin of 6.03% and a return on equity of 12.03%. The company had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.35 billion. During the same quarter in the prior year, the firm posted $1.23 earnings per share. PVH’s revenue for the quarter was up 18.5% on a year-over-year basis. sell-side analysts anticipate that PVH will post 9.15 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 28th. Shareholders of record on Wednesday, February 28th were paid a $0.038 dividend. The ex-dividend date was Tuesday, February 27th. This represents a $0.15 annualized dividend and a yield of 0.10%. PVH’s dividend payout ratio is presently 1.89%.
Several large investors have recently made changes to their positions in the company. Xact Kapitalforvaltning AB raised its holdings in shares of PVH by 6.0% in the fourth quarter. Xact Kapitalforvaltning AB now owns 15,116 shares of the textile maker’s stock valued at $2,074,000 after buying an additional 851 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of PVH by 9.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 17,077 shares of the textile maker’s stock valued at $2,342,000 after buying an additional 1,517 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in shares of PVH by 23.4% in the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 45,818 shares of the textile maker’s stock valued at $6,287,000 after buying an additional 8,679 shares during the last quarter. We Are One Seven LLC purchased a new stake in shares of PVH in the fourth quarter valued at about $389,000. Finally, OLD Mutual Customised Solutions Proprietary Ltd. raised its holdings in shares of PVH by 47.1% in the fourth quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 5,000 shares of the textile maker’s stock valued at $686,000 after buying an additional 1,600 shares during the last quarter. 96.16% of the stock is owned by institutional investors and hedge funds.
A number of equities analysts recently commented on the stock. Zacks Investment Research downgraded shares of PVH from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Instinet assumed coverage on shares of PVH in a research note on Thursday, February 15th. They set a “neutral” rating and a $150.00 target price for the company. Credit Suisse Group assumed coverage on shares of PVH in a research note on Monday, March 12th. They set an “outperform” rating and a $175.00 target price for the company. Deutsche Bank upgraded shares of PVH from a “hold” rating to a “buy” rating and set a $131.00 target price for the company in a research note on Wednesday, February 7th. Finally, Piper Jaffray boosted their target price on shares of PVH to $173.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 30th. Five analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $158.28.
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PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Calvin Klein North America, Calvin Klein International, Tommy Hilfiger North America, Tommy Hilfiger International, Heritage Brands Wholesale, and Heritage Brands Retail segments. It designs, markets, and retails men's and women's apparel and accessories, branded dress shirts, neckwear, sportswear, jeans wear, intimate apparel, swim products, handbags, footwear, golf apparel, fragrances, cosmetics, eyewear, socks, jewelry, watches, outerwear, small leather goods, and furnishings, as well as other related products.
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