Fox Run Management L.L.C. Purchases Shares of 17,959 Levi Strauss & Co. (NYSE:LEVI)

Fox Run Management L.L.C. bought a new stake in shares of Levi Strauss & Co. (NYSE:LEVI - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 17,959 shares of the blue-jean maker's stock, valued at approximately $311,000.

Several other institutional investors also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its position in shares of Levi Strauss & Co. by 19.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 946,998 shares of the blue-jean maker's stock worth $16,383,000 after purchasing an additional 152,590 shares in the last quarter. XTX Topco Ltd acquired a new stake in Levi Strauss & Co. during the 3rd quarter worth approximately $832,000. Entropy Technologies LP purchased a new position in Levi Strauss & Co. in the 4th quarter valued at approximately $511,000. Maverick Capital Ltd. acquired a new position in shares of Levi Strauss & Co. in the third quarter worth $1,222,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Levi Strauss & Co. in the fourth quarter worth $1,415,000. 69.14% of the stock is owned by institutional investors and hedge funds.

Levi Strauss & Co. Stock Performance

NYSE LEVI traded up $0.29 on Tuesday, reaching $15.88. The stock had a trading volume of 191,399 shares, compared to its average volume of 2,210,771. The stock has a market cap of $6.29 billion, a P/E ratio of 30.49, a price-to-earnings-growth ratio of 1.92 and a beta of 1.16. Levi Strauss & Co. has a 12-month low of $15.42 and a 12-month high of $24.34. The business's 50-day moving average price is $17.39 and its 200 day moving average price is $17.80. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.80 and a current ratio of 1.42.

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Levi Strauss & Co. (NYSE:LEVI - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The blue-jean maker reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. Levi Strauss & Co. had a net margin of 3.32% and a return on equity of 25.88%. As a group, equities analysts expect that Levi Strauss & Co. will post 1.27 earnings per share for the current year.

Levi Strauss & Co. Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 12th were given a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.52 dividend on an annualized basis and a yield of 3.27%. Levi Strauss & Co.'s dividend payout ratio (DPR) is 100.00%.

Wall Street Analysts Forecast Growth

LEVI has been the subject of a number of recent research reports. Guggenheim lifted their target price on Levi Strauss & Co. from $20.00 to $22.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Citigroup reduced their price target on Levi Strauss & Co. from $21.00 to $19.00 and set a "neutral" rating on the stock in a research report on Friday, January 17th. JPMorgan Chase & Co. lowered their price objective on Levi Strauss & Co. from $21.00 to $19.00 and set a "neutral" rating for the company in a research report on Friday, January 24th. Wells Fargo & Company cut 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 research note on Thursday, January 30th. Finally, Morgan Stanley decreased their price target on shares of Levi Strauss & Co. from $18.00 to $17.00 and set an "equal weight" rating for the company in a research note on Thursday, January 30th. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $21.27.

Insiders Place Their Bets

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

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.