PVH Corp. (NYSE:PVH) Shares Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. increased its position in shares of PVH Corp. (NYSE:PVH - Free Report) by 2.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,742,436 shares of the textile maker's stock after purchasing an additional 36,719 shares during the period. Pacer Advisors Inc. owned approximately 3.13% of PVH worth $184,263,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Pzena Investment Management LLC lifted its position in shares of PVH by 0.6% during the third quarter. Pzena Investment Management LLC now owns 5,656,006 shares of the textile maker's stock worth $570,295,000 after purchasing an additional 32,300 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake 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 worth $255,011,000 after buying an additional 208,648 shares during the period. Victory Capital Management Inc. lifted its holdings in PVH by 14.4% during the 3rd quarter. Victory Capital Management Inc. now owns 712,403 shares of the textile maker's stock valued at $71,832,000 after buying an additional 89,790 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in PVH by 0.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 623,010 shares of the textile maker's stock valued at $62,818,000 after buying an additional 3,745 shares during the period. Finally, Wellington Management Group LLP grew its stake in PVH by 26.9% in the 3rd quarter. Wellington Management Group LLP now owns 357,314 shares of the textile maker's stock worth $36,028,000 after acquiring an additional 75,720 shares in the last quarter. 97.25% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on PVH shares. Telsey Advisory Group reaffirmed an "outperform" rating and set a $130.00 price target on shares of PVH in a research note on Wednesday, December 4th. 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. Guggenheim increased their price target on PVH from $105.00 to $125.00 and gave the stock a "buy" rating in a research report on Friday, December 6th. JPMorgan Chase & Co. downgraded PVH from an "overweight" rating to a "neutral" rating and decreased their price objective for the company from $149.00 to $113.00 in a report on Friday. Finally, Bank of America cut shares of PVH from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $130.00 to $107.00 in a report on Wednesday, October 2nd. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat.com, PVH currently has a consensus rating of "Moderate Buy" and an average target price of $124.73.

Insider Buying and Selling

In other news, EVP Mark D. Fischer sold 3,186 shares of the 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 transaction, the executive vice president now directly owns 23,103 shares of the company's stock, valued at approximately $2,437,366.50. This represents a 12.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is owned by company insiders.

PVH Stock Up 0.1 %

NYSE PVH traded up $0.08 on Monday, hitting $90.38. The stock had a trading volume of 1,196,758 shares, compared to its average volume of 1,072,266. PVH Corp. has a 52-week low of $88.60 and a 52-week high of $141.15. The business's fifty day moving average price is $103.97 and its 200 day moving average price is $100.49. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.29 and a quick ratio of 0.69. The stock has a market cap of $5.03 billion, a price-to-earnings ratio of 7.36, a price-to-earnings-growth ratio of 0.98 and a beta of 2.09.

PVH (NYSE:PVH - Get Free Report) last announced its earnings results on Wednesday, December 4th. The textile maker reported $3.03 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.22 billion. During the same period in the previous year, the business earned $2.90 EPS. The firm's revenue for the quarter was down 4.6% on a year-over-year basis. Equities research analysts anticipate that PVH Corp. will post 11.67 earnings per share for the current year.

PVH Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Wednesday, November 27th were paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 0.17%. The ex-dividend date of this dividend was Wednesday, November 27th. PVH's dividend payout ratio (DPR) is presently 1.22%.

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.