180 Wealth Advisors LLC Makes New $565,000 Investment in PVH Corp. (NYSE:PVH)

180 Wealth Advisors LLC acquired a new stake in shares of PVH Corp. (NYSE:PVH - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,339 shares of the textile maker's stock, valued at approximately $565,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Pacer Advisors Inc. increased its position in PVH by 13,275.0% during the 2nd quarter. Pacer Advisors Inc. now owns 1,222,207 shares of the textile maker's stock worth $129,395,000 after purchasing an additional 1,213,069 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of PVH by 14.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 2,320,471 shares of the textile maker's stock worth $245,668,000 after buying an additional 296,040 shares during the last quarter. Point72 Asset Management L.P. increased its holdings in shares of PVH by 6,471.3% during the second quarter. Point72 Asset Management L.P. now owns 289,139 shares of the textile maker's stock worth $30,611,000 after buying an additional 284,739 shares in the last quarter. Swedbank AB bought a new position in shares of PVH in the 3rd quarter valued at $17,542,000. Finally, Marshall Wace LLP acquired a new stake in shares of PVH during the 2nd quarter valued at $12,532,000. 97.25% of the stock is currently owned by institutional investors.

Insider Activity

In related news, EVP Mark D. Fischer sold 3,186 shares of the company's stock in a transaction on Monday, December 30th. The stock was sold at an average price of $105.50, for a total transaction of $336,123.00. Following the completion of the sale, the executive vice president now owns 23,103 shares in the company, valued at approximately $2,437,366.50. This represents a 12.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 1.00% of the company's stock.

PVH Price Performance

Shares of PVH opened at $98.69 on Wednesday. The business's fifty day moving average is $105.60 and its 200 day moving average is $101.27. PVH Corp. has a 12-month low of $89.56 and a 12-month high of $141.15. The company has a quick ratio of 0.69, a current ratio of 1.29 and a debt-to-equity ratio of 0.31. The stock has a market cap of $5.49 billion, a P/E ratio of 8.04, a P/E/G ratio of 1.10 and a beta of 2.09.

PVH (NYSE:PVH - Get Free Report) last issued its quarterly earnings data on Wednesday, December 4th. The textile maker reported $3.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.59 by $0.44. The firm had revenue of $2.26 billion during the quarter, compared to analysts' expectations of $2.22 billion. PVH had a net margin of 8.13% and a return on equity of 13.66%. The business's revenue was down 4.6% on a year-over-year basis. During the same period last year, the company earned $2.90 earnings per share. Sell-side analysts anticipate that PVH Corp. will post 11.68 earnings per share for the current fiscal year.

PVH Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Wednesday, November 27th were paid a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.15%. The ex-dividend date was Wednesday, November 27th. PVH's dividend payout ratio (DPR) is presently 1.22%.

Analysts Set New Price Targets

PVH has been the subject of several recent research reports. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $130.00 price objective on shares of PVH in a research note on Wednesday, December 4th. Barclays raised their price objective on PVH from $142.00 to $144.00 and gave the stock an "overweight" rating in a research report on Monday, December 9th. Bank of America downgraded shares of PVH from a "buy" rating to a "neutral" rating and decreased their target price for the company from $130.00 to $107.00 in a research report on Wednesday, October 2nd. Finally, Guggenheim boosted their price target on shares of PVH from $105.00 to $125.00 and gave the stock a "buy" rating in a research report on Friday, December 6th. Five investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $128.00.

About PVH

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.