PVH Corp. (NYSE:PVH) EVP Sells $336,123.00 in Stock

PVH Corp. (NYSE:PVH - Get Free Report) EVP Mark D. Fischer sold 3,186 shares of PVH 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 completion of the transaction, the executive vice president now owns 23,103 shares of the company's stock, valued at $2,437,366.50. This trade represents a 12.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

PVH Price Performance

PVH stock traded down $1.75 during midday trading on Monday, hitting $105.71. The company's stock had a trading volume of 604,577 shares, compared to its average volume of 839,720. PVH Corp. has a 12 month low of $89.56 and a 12 month high of $141.15. The company has a quick ratio of 0.69, a current ratio of 1.29 and a debt-to-equity ratio of 0.31. The stock's 50-day moving average price is $103.97 and its 200-day moving average price is $101.92. The company has a market capitalization of $5.88 billion, a PE ratio of 8.61, a price-to-earnings-growth ratio of 1.10 and a beta of 2.10.

PVH (NYSE:PVH - Get Free Report) last released its earnings results on Wednesday, December 4th. The textile maker reported $3.03 EPS for the quarter, beating the consensus estimate of $2.59 by $0.44. The business had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.22 billion. PVH had a net margin of 8.13% and a return on equity of 13.66%. The business's quarterly revenue was down 4.6% on a year-over-year basis. During the same period in the prior year, the business earned $2.90 earnings per share. Analysts anticipate that PVH Corp. will post 11.68 earnings per share for the current fiscal year.

PVH Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Wednesday, November 27th were given a $0.0375 dividend. The ex-dividend date was Wednesday, November 27th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.14%. PVH's dividend payout ratio (DPR) is 1.22%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on PVH shares. Barclays lifted their target price on PVH from $142.00 to $144.00 and gave the stock an "overweight" rating in a research report on Monday, December 9th. Bank of America lowered shares of PVH from a "buy" rating to a "neutral" rating and lowered their target price for the company from $130.00 to $107.00 in a research note on Wednesday, October 2nd. Guggenheim raised their price target on shares of PVH from $105.00 to $125.00 and gave the stock a "buy" rating in a research report on Friday, December 6th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $130.00 price objective on shares of PVH in a research report on Wednesday, December 4th. Finally, Morgan Stanley cut their target price on shares of PVH from $120.00 to $100.00 and set an "equal weight" rating on the stock in a report on Friday, September 6th. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $128.00.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Raymond James & Associates grew its holdings in shares of PVH by 4.0% during the second quarter. Raymond James & Associates now owns 15,444 shares of the textile maker's stock valued at $1,635,000 after buying an additional 591 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of PVH by 79.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,246 shares of the textile maker's stock valued at $2,355,000 after purchasing an additional 9,861 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of PVH in the second quarter worth approximately $1,038,000. Signaturefd LLC boosted its holdings in shares of PVH by 6.7% during the second quarter. Signaturefd LLC now owns 1,713 shares of the textile maker's stock worth $181,000 after purchasing an additional 107 shares during the period. Finally, Hantz Financial Services Inc. purchased a new position in PVH during the second quarter valued at approximately $385,000. 97.25% of the stock is owned by hedge funds and other institutional investors.

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.

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