PVH Corp. (NYSE:PVH) Shares Sold by EMC Capital Management

EMC Capital Management trimmed its stake in PVH Corp. (NYSE:PVH - Free Report) by 91.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,674 shares of the textile maker's stock after selling 29,115 shares during the period. EMC Capital Management's holdings in PVH were worth $283,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of PVH. Pzena Investment Management LLC raised its holdings in shares of PVH by 0.6% in the third quarter. Pzena Investment Management LLC now owns 5,656,006 shares of the textile maker's stock worth $570,295,000 after buying an additional 32,300 shares during the period. Massachusetts Financial Services Co. MA grew its position in PVH by 9.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,529,119 shares of the textile maker's stock valued at $255,011,000 after acquiring an additional 208,648 shares during the last quarter. Pacer Advisors Inc. increased its stake in PVH by 2.2% in the fourth quarter. Pacer Advisors Inc. now owns 1,742,436 shares of the textile maker's stock worth $184,263,000 after purchasing an additional 36,719 shares during the period. Victory Capital Management Inc. lifted its position in shares of PVH by 14.4% during the third quarter. Victory Capital Management Inc. now owns 712,403 shares of the textile maker's stock worth $71,832,000 after purchasing an additional 89,790 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of PVH by 0.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 623,010 shares of the textile maker's stock valued at $62,818,000 after purchasing an additional 3,745 shares during the period. Hedge funds and other institutional investors own 97.25% of the company's stock.

PVH Stock Down 3.6 %

NYSE:PVH traded down $3.34 during midday trading on Friday, reaching $89.65. 713,352 shares of the stock traded hands, compared to its average volume of 993,183. The business has a 50-day moving average of $103.32 and a two-hundred day moving average of $100.17. 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 $88.60 and a 12-month high of $141.15. The stock has a market capitalization of $4.99 billion, a PE ratio of 7.30, a price-to-earnings-growth ratio of 0.93 and a beta of 2.09.

PVH (NYSE:PVH - Get Free Report) last posted its quarterly earnings data on Wednesday, December 4th. The textile maker reported $3.03 earnings per share for the quarter, topping analysts' consensus estimates of $2.59 by $0.44. PVH had a return on equity of 13.66% and a net margin of 8.13%. The firm had revenue of $2.26 billion during the quarter, compared to analysts' expectations of $2.22 billion. During the same quarter last year, the firm earned $2.90 EPS. The business's quarterly revenue was down 4.6% on a year-over-year basis. On average, equities analysts forecast that PVH Corp. will post 11.67 earnings per share for the current fiscal year.

Insider Activity at PVH

In other news, EVP Mark D. Fischer sold 3,186 shares of the firm's stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $105.50, for a total value of $336,123.00. Following the completion of the transaction, the executive vice president now directly owns 23,103 shares in the company, valued at $2,437,366.50. This trade represents a 12.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on PVH shares. Barclays boosted their price objective on shares of PVH from $142.00 to $144.00 and gave the company an "overweight" rating in a research report on Monday, December 9th. Jefferies Financial Group lowered their price target on PVH from $104.00 to $101.00 and set a "hold" rating for the company in a report on Tuesday. JPMorgan Chase & Co. downgraded PVH from an "overweight" rating to a "neutral" rating and reduced their price objective for the stock from $149.00 to $113.00 in a report on Friday, January 24th. Morgan Stanley lowered their target price on PVH from $103.00 to $95.00 and set an "equal weight" rating for the company in a report on Tuesday, January 21st. Finally, Telsey Advisory Group restated an "outperform" rating and issued a $130.00 price objective on shares of PVH in a report on Wednesday, December 4th. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $123.80.

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.