Voya Investment Management LLC Raises Stock Holdings in PVH Corp. (NYSE:PVH)

Voya Investment Management LLC lifted its position in shares of PVH Corp. (NYSE:PVH - Free Report) by 29.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 679,762 shares of the textile maker's stock after acquiring an additional 154,295 shares during the quarter. Voya Investment Management LLC owned approximately 1.22% of PVH worth $71,885,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. UMB Bank n.a. boosted its position in PVH by 78.5% during the fourth quarter. UMB Bank n.a. now owns 282 shares of the textile maker's stock worth $30,000 after purchasing an additional 124 shares during the period. Proficio Capital Partners LLC bought a new position in PVH in the 4th quarter worth approximately $41,000. Allworth Financial LP purchased a new position in PVH in the 4th quarter valued at approximately $50,000. GAMMA Investing LLC raised its holdings in PVH by 36.0% during the 4th quarter. GAMMA Investing LLC now owns 487 shares of the textile maker's stock valued at $52,000 after acquiring an additional 129 shares during the period. Finally, Hoey Investments Inc. purchased a new stake in shares of PVH during the fourth quarter worth $55,000. Hedge funds and other institutional investors own 97.25% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on PVH shares. Morgan Stanley decreased their price objective on PVH from $95.00 to $86.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 2nd. 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 research report on Tuesday, March 4th. Barclays cut their price objective on shares of PVH from $103.00 to $87.00 and set an "overweight" rating for the company in a research report on Monday. JPMorgan Chase & Co. decreased their target price on shares of PVH from $91.00 to $87.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Finally, StockNews.com cut shares of PVH from a "buy" rating to a "hold" rating in a research note on Friday, April 18th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $104.33.

PVH Price Performance

NYSE PVH traded down $1.90 during trading hours on Monday, reaching $71.04. 1,067,784 shares of the stock traded hands, compared to its average volume of 953,782. 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 50 day simple moving average of $69.83 and a two-hundred day simple moving average of $88.72. PVH Corp. has a 1 year low of $59.28 and a 1 year high of $124.68. The company has a market cap of $3.74 billion, a price-to-earnings ratio of 5.79, a price-to-earnings-growth ratio of 0.77 and a beta of 1.89.

PVH (NYSE:PVH - Get Free Report) last released its earnings results on Monday, March 31st. The textile maker reported $3.27 earnings per share for the quarter, topping analysts' consensus estimates of $3.19 by $0.08. The company had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.34 billion. PVH had a return on equity of 13.66% and a net margin of 8.13%. PVH's quarterly revenue was down 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.72 EPS. On average, analysts predict that PVH Corp. will post 11.67 EPS for the current fiscal year.

PVH Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 5th were issued a $0.0375 dividend. The ex-dividend date was Wednesday, March 5th. This represents a $0.15 annualized dividend and a dividend yield of 0.21%. PVH's dividend payout ratio is currently 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.