Barclays PLC Has $5.61 Million Stock Position in Levi Strauss & Co. (NYSE:LEVI)

Barclays PLC grew its position in shares of Levi Strauss & Co. (NYSE:LEVI - Free Report) by 50.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 324,182 shares of the blue-jean maker's stock after buying an additional 108,779 shares during the quarter. Barclays PLC owned approximately 0.08% of Levi Strauss & Co. worth $5,607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in LEVI. Mirae Asset Global Investments Co. Ltd. bought a new stake in Levi Strauss & Co. in the fourth quarter worth approximately $39,000. New Age Alpha Advisors LLC bought a new position in Levi Strauss & Co. during the fourth quarter valued at about $82,000. Matrix Trust Co raised its holdings in Levi Strauss & Co. by 678.9% during the fourth quarter. Matrix Trust Co now owns 5,507 shares of the blue-jean maker's stock valued at $95,000 after buying an additional 4,800 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Levi Strauss & Co. in the fourth quarter worth about $105,000. Finally, Manchester Capital Management LLC bought a new stake in shares of Levi Strauss & Co. during the 4th quarter worth about $115,000. Institutional investors and hedge funds own 69.14% of the company's stock.

Insider Transactions at Levi Strauss & Co.

In other Levi Strauss & Co. news, Director David A. Friedman sold 4,166 shares of Levi Strauss & Co. stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $18.44, for a total transaction of $76,821.04. Following the completion of the transaction, the director now directly owns 100,012 shares of the company's stock, valued at approximately $1,844,221.28. This trade represents a 4.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.25% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on LEVI shares. JPMorgan Chase & Co. raised Levi Strauss & Co. from a "neutral" rating to an "overweight" rating and cut their price objective for the company from $19.00 to $17.00 in a research note on Tuesday, April 8th. Stifel Nicolaus decreased their price objective on shares of Levi Strauss & Co. from $25.00 to $20.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Wells Fargo & Company dropped their target price on shares of Levi Strauss & Co. from $20.00 to $17.00 and set an "equal weight" rating on the stock in a report on Thursday, January 30th. Citigroup decreased their price target on shares of Levi Strauss & Co. from $19.00 to $14.00 and set a "neutral" rating for the company in a report on Monday, April 7th. Finally, Guggenheim lifted their price objective on Levi Strauss & Co. from $20.00 to $22.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Levi Strauss & Co. presently has a consensus rating of "Moderate Buy" and a consensus target price of $19.18.

Levi Strauss & Co. Stock Performance

Shares of NYSE LEVI traded down $0.09 during trading hours on Tuesday, reaching $15.80. The stock had a trading volume of 1,611,730 shares, compared to its average volume of 2,152,221. The business's fifty day moving average is $15.86 and its two-hundred day moving average is $17.00. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.42 and a quick ratio of 0.80. The company has a market cap of $6.25 billion, a price-to-earnings ratio of 30.38, a PEG ratio of 1.92 and a beta of 1.07. Levi Strauss & Co. has a twelve month low of $12.17 and a twelve month high of $24.34.

Levi Strauss & Co. (NYSE:LEVI - Get Free Report) last announced its quarterly earnings data on Monday, April 7th. The blue-jean maker reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.10. Levi Strauss & Co. had a net margin of 3.32% and a return on equity of 25.88%. The company had revenue of $1.53 billion during the quarter, compared to analysts' expectations of $1.54 billion. During the same quarter in the prior year, the company posted $0.26 EPS. The business's revenue was up 3.1% on a year-over-year basis. As a group, research analysts expect that Levi Strauss & Co. will post 1.27 EPS for the current year.

Levi Strauss & Co. Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Thursday, April 24th will be paid a $0.13 dividend. The ex-dividend date is Thursday, April 24th. This represents a $0.52 annualized dividend and a dividend yield of 3.29%. Levi Strauss & Co.'s dividend payout ratio is currently 58.43%.

About Levi Strauss & Co.

Levi Strauss & Co engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia. The company was founded by Levi Strauss in 1853 and is headquartered in San Francisco, CA.