Levi Strauss & Co. (NYSE:LEVI) Shares Sold by M. Kulyk & Associates LLC

M. Kulyk & Associates LLC reduced its stake in Levi Strauss & Co. (NYSE:LEVI - Free Report) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,109,853 shares of the blue-jean maker's stock after selling 44,092 shares during the period. Levi Strauss & Co. accounts for about 4.2% of M. Kulyk & Associates LLC's holdings, making the stock its 4th biggest position. M. Kulyk & Associates LLC owned 0.28% of Levi Strauss & Co. worth $19,200,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LEVI. Asset Management One Co. Ltd. acquired a new stake in shares of Levi Strauss & Co. in the 3rd quarter valued at about $27,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Levi Strauss & Co. during the fourth quarter worth approximately $39,000. Matrix Trust Co lifted its stake in Levi Strauss & Co. by 678.9% in 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 during the last quarter. R Squared Ltd acquired a new stake in shares of Levi Strauss & Co. in the fourth quarter valued at approximately $105,000. Finally, Point72 Asia Singapore Pte. Ltd. grew its position in shares of Levi Strauss & Co. by 2,904.1% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 5,137 shares of the blue-jean maker's stock worth $112,000 after acquiring an additional 4,966 shares during the last quarter. Institutional investors and hedge funds own 69.14% of the company's stock.

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Analysts Set New Price Targets

Several brokerages have recently weighed in on LEVI. JPMorgan Chase & Co. decreased their target price on shares of Levi Strauss & Co. from $21.00 to $19.00 and set a "neutral" rating for the company in a research note on Friday, January 24th. Guggenheim boosted 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. Telsey Advisory Group decreased their price target on Levi Strauss & Co. from $26.00 to $23.00 and set an "outperform" rating for the company in a report on Thursday, January 30th. Citigroup dropped their price objective on shares of Levi Strauss & Co. from $21.00 to $19.00 and set a "neutral" rating on the stock in a research note on Friday, January 17th. Finally, Wells Fargo & Company reduced their target price on shares of Levi Strauss & Co. from $20.00 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 given a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $21.27.

Insider Activity

In other Levi Strauss & Co. news, Director David A. Friedman sold 4,166 shares of the firm's stock in a transaction dated 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 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.14% of the company's stock.

Levi Strauss & Co. Price Performance

Shares of LEVI stock traded down $0.77 during midday trading on Thursday, reaching $15.60. 1,665,016 shares of the company traded hands, compared to its average volume of 2,025,272. The firm's 50 day simple moving average is $17.82 and its two-hundred day simple moving average is $18.10. The firm has a market cap of $6.17 billion, a PE ratio of 29.99, a price-to-earnings-growth ratio of 1.92 and a beta of 1.16. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.42 and a quick ratio of 0.80. Levi Strauss & Co. has a 1-year low of $15.51 and a 1-year high of $24.34.

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

Levi Strauss & Co. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 12th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 3.33%. The ex-dividend date of this dividend was Wednesday, February 12th. Levi Strauss & Co.'s dividend payout ratio (DPR) is 100.00%.

Levi Strauss & Co. Company Profile

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.