Landscape Capital Management L.L.C. Raises Stock Holdings in PVH Corp. (NYSE:PVH)

Landscape Capital Management L.L.C. boosted its position in shares of PVH Corp. (NYSE:PVH - Free Report) by 163.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 9,360 shares of the textile maker's stock after purchasing an additional 5,809 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in PVH were worth $990,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pacer Advisors Inc. grew its holdings in shares of PVH by 2.2% during the fourth quarter. Pacer Advisors Inc. now owns 1,742,436 shares of the textile maker's stock valued at $184,263,000 after buying an additional 36,719 shares during the last quarter. Bank of New York Mellon Corp grew its position in PVH by 22.9% in the 4th quarter. Bank of New York Mellon Corp now owns 774,010 shares of the textile maker's stock worth $81,852,000 after purchasing an additional 144,260 shares during the period. Allspring Global Investments Holdings LLC raised its stake in PVH by 179,164.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 760,080 shares of the textile maker's stock valued at $79,705,000 after buying an additional 759,656 shares during the last quarter. Channing Capital Management LLC lifted its holdings in PVH by 87.0% in the fourth quarter. Channing Capital Management LLC now owns 680,991 shares of the textile maker's stock valued at $72,015,000 after acquiring an additional 316,876 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of PVH by 0.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 627,655 shares of the textile maker's stock worth $66,375,000 after purchasing an additional 4,645 shares during the period. 97.25% of the stock is currently owned by institutional investors.

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Wall Street Analyst Weigh In

A number of equities analysts recently commented on PVH shares. StockNews.com raised PVH from a "hold" rating to a "buy" rating in a report on Thursday, April 3rd. The Goldman Sachs Group decreased their price target on PVH from $128.00 to $109.00 and set a "buy" rating on the stock in a report on Tuesday, March 4th. Jefferies Financial Group lowered their target price on shares of PVH from $101.00 to $80.00 and set a "hold" rating on the stock in a report on Wednesday, April 2nd. JPMorgan Chase & Co. downgraded shares of PVH from an "overweight" rating to a "neutral" rating and reduced their price target for the company from $149.00 to $113.00 in a report on Friday, January 24th. Finally, Barclays lifted their price objective on PVH from $98.00 to $103.00 and gave the stock an "overweight" rating in a research note on Thursday, April 3rd. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $107.13.

PVH Trading Down 0.6 %

Shares of NYSE PVH traded down $0.41 during midday trading on Friday, hitting $68.74. The company's stock had a trading volume of 1,635,856 shares, compared to its average volume of 947,992. The business's 50 day moving average is $71.39 and its two-hundred day moving average is $90.65. PVH Corp. has a 12-month low of $59.28 and a 12-month high of $124.68. The company has a current ratio of 1.29, a quick ratio of 0.69 and a debt-to-equity ratio of 0.31. The firm has a market cap of $3.62 billion, a P/E ratio of 5.60, a price-to-earnings-growth ratio of 0.77 and a beta of 1.89.

PVH (NYSE:PVH - Get Free Report) last issued its earnings results on Monday, March 31st. The textile maker reported $3.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.19 by $0.08. The firm had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.34 billion. PVH had a net margin of 8.13% and a return on equity of 13.66%. The business's revenue was down 4.8% on a year-over-year basis. During the same period in the previous year, the firm earned $3.72 earnings per share. As a group, equities research analysts expect that PVH Corp. will post 11.67 EPS for the current year.

PVH Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th were issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.22%. The ex-dividend date was Wednesday, March 5th. PVH's dividend payout ratio is 1.42%.

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.