Susquehanna Fundamental Investments LLC Has $835,000 Position in PVH Corp. (NYSE:PVH)

Susquehanna Fundamental Investments LLC lessened its holdings in shares of PVH Corp. (NYSE:PVH - Free Report) by 86.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 7,890 shares of the textile maker's stock after selling 50,226 shares during the period. Susquehanna Fundamental Investments LLC's holdings in PVH were worth $835,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in PVH. Altshuler Shaham Ltd bought a new stake in PVH in the second quarter valued at approximately $25,000. New Covenant Trust Company N.A. bought a new position in PVH during the first quarter worth about $26,000. Riverview Trust Co bought a new position in PVH during the first quarter worth about $36,000. Headlands Technologies LLC acquired a new position in PVH in the first quarter valued at about $36,000. Finally, Daiwa Securities Group Inc. bought a new stake in shares of PVH in the first quarter worth about $42,000. Institutional investors and hedge funds own 97.25% of the company's stock.

PVH Stock Performance

Shares of PVH stock traded down $0.03 during trading on Thursday, hitting $94.88. 610,958 shares of the stock were exchanged, compared to its average volume of 873,668. PVH Corp. has a 1-year low of $69.27 and a 1-year high of $141.15. The stock has a market capitalization of $5.30 billion, a price-to-earnings ratio of 8.35, a price-to-earnings-growth ratio of 0.77 and a beta of 2.11. The company has a fifty day moving average price of $97.68 and a 200-day moving average price of $108.24. The company has a current ratio of 1.24, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

PVH (NYSE:PVH - Get Free Report) last released its quarterly earnings data on Tuesday, August 27th. The textile maker reported $3.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.29 by $0.72. PVH had a return on equity of 13.94% and a net margin of 8.37%. The company had revenue of $2.07 billion during the quarter, compared to analysts' expectations of $2.07 billion. During the same period last year, the firm posted $1.98 earnings per share. The business's revenue was down 6.0% on a year-over-year basis. As a group, equities analysts predict that PVH Corp. will post 11.59 EPS for the current fiscal year.

PVH Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 4th were paid a $0.0375 dividend. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a $0.15 annualized dividend and a dividend yield of 0.16%. PVH's dividend payout ratio (DPR) is presently 1.33%.

Analyst Ratings Changes

PVH has been the subject of several research analyst reports. TD Cowen decreased their price objective on PVH from $149.00 to $135.00 and set a "buy" rating for the company in a research report on Thursday, August 29th. Bank of America lowered shares of PVH from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $130.00 to $107.00 in a report on Wednesday. Morgan Stanley lowered their target price on PVH from $120.00 to $100.00 and set an "equal weight" rating for the company in a report on Friday, September 6th. BMO Capital Markets cut their price target on PVH from $119.00 to $106.00 and set a "market perform" rating on the stock in a report on Wednesday, August 28th. Finally, Telsey Advisory Group decreased their price objective on PVH from $140.00 to $130.00 and set an "outperform" rating for the company in a report on Thursday, August 29th. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $128.87.

PVH Company 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.