Dimensional Fund Advisors LP Sells 63,163 Shares of PVH Corp. (NYSE:PVH)

Dimensional Fund Advisors LP lowered its stake in PVH Corp. (NYSE:PVH - Free Report) by 2.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,097,975 shares of the textile maker's stock after selling 63,163 shares during the quarter. Dimensional Fund Advisors LP owned 5.57% of PVH worth $327,612,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MML Investors Services LLC grew its position in shares of PVH by 46.7% in the 3rd quarter. MML Investors Services LLC now owns 3,422 shares of the textile maker's stock worth $345,000 after buying an additional 1,089 shares during the last quarter. Barclays PLC increased its stake in shares of PVH by 71.3% during the third quarter. Barclays PLC now owns 60,495 shares of the textile maker's stock valued at $6,097,000 after purchasing an additional 25,174 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of PVH by 5.9% in the 3rd quarter. Franklin Resources Inc. now owns 276,415 shares of the textile maker's stock worth $26,942,000 after purchasing an additional 15,483 shares in the last quarter. JPMorgan Chase & Co. increased its position in PVH by 82.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 253,666 shares of the textile maker's stock valued at $25,577,000 after buying an additional 114,430 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in PVH by 36.0% during the fourth quarter. GAMMA Investing LLC now owns 487 shares of the textile maker's stock valued at $52,000 after buying an additional 129 shares during the last quarter. 97.25% of the stock is owned by institutional investors.

PVH Stock Performance

Shares of NYSE PVH traded down $1.75 during trading on Friday, hitting $72.87. The company had a trading volume of 789,019 shares, compared to its average volume of 952,758. The stock has a 50 day simple moving average of $69.83 and a 200 day simple moving average of $88.83. The firm has a market capitalization of $3.84 billion, a P/E ratio of 5.93, a price-to-earnings-growth ratio of 0.77 and a beta of 1.89. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.69 and a current ratio of 1.29. PVH Corp. has a 12 month low of $59.28 and a 12 month high of $124.68.

PVH (NYSE:PVH - Get Free Report) last announced its quarterly earnings data on Monday, March 31st. The textile maker reported $3.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.19 by $0.08. The firm had revenue of $2.37 billion during the quarter, compared to analysts' expectations of $2.34 billion. PVH had a net margin of 8.13% and a return on equity of 13.66%. The company's revenue for the quarter was down 4.8% compared to the same quarter last year. During the same period in the prior year, the company posted $3.72 earnings per share. As a group, analysts anticipate that PVH Corp. will post 11.67 earnings per share for the current year.

PVH Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th were issued a $0.0375 dividend. The ex-dividend date was Wednesday, March 5th. This represents a $0.15 dividend on an annualized basis and a yield of 0.21%. PVH's dividend payout ratio is currently 1.42%.

Wall Street Analyst Weigh In

PVH has been the subject of several analyst reports. Citigroup restated a "neutral" rating and set a $68.00 price target (down from $83.00) on shares of PVH in a report on Monday, April 7th. Barclays lifted their target price on shares of PVH from $98.00 to $103.00 and gave the stock an "overweight" rating in a report on Thursday, April 3rd. Wells Fargo & Company cut shares of PVH from an "overweight" rating to an "equal weight" rating and cut their price target for the company from $130.00 to $105.00 in a report on Monday, February 3rd. UBS Group cut their target price on PVH from $172.00 to $160.00 and set a "buy" rating on the stock in a research note on Wednesday, March 19th. Finally, BMO Capital Markets decreased their price target on PVH from $106.00 to $93.00 and set a "market perform" rating for the company in a research note on Tuesday, April 1st. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $105.40.

PVH Profile

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.