PVH Corp. (NYSE:PVH) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC grew its holdings in shares of PVH Corp. (NYSE:PVH - Free Report) by 2,194.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,727 shares of the textile maker's stock after buying an additional 67,645 shares during the period. SG Americas Securities LLC owned 0.13% of PVH worth $7,479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Venturi Wealth Management LLC lifted its stake in PVH by 63.9% during the third quarter. Venturi Wealth Management LLC now owns 272 shares of the textile maker's stock worth $27,000 after purchasing an additional 106 shares during the last quarter. UMB Bank n.a. lifted its stake 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 last quarter. Covestor Ltd lifted its stake in PVH by 270.6% during the third quarter. Covestor Ltd now owns 404 shares of the textile maker's stock worth $41,000 after purchasing an additional 295 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in PVH by 116.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 424 shares of the textile maker's stock worth $43,000 after purchasing an additional 228 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in PVH by 36.0% in the fourth quarter. GAMMA Investing LLC now owns 487 shares of the textile maker's stock valued at $52,000 after buying an additional 129 shares during the last quarter. 97.25% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at PVH

In other PVH news, EVP Mark D. Fischer sold 3,186 shares of the company's stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $105.50, for a total value of $336,123.00. Following the sale, the executive vice president now owns 23,103 shares of the company's stock, valued at $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 currently owned by insiders.

PVH Price Performance

PVH stock traded down $5.90 during mid-day trading on Friday, reaching $90.42. The company had a trading volume of 1,246,862 shares, compared to its average volume of 1,005,656. The stock's 50-day simple moving average is $104.42 and its 200-day simple moving average is $100.82. The company has a market capitalization of $5.03 billion, a P/E ratio of 7.35, a P/E/G ratio of 0.98 and a beta of 2.09. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.29 and a quick ratio of 0.69. PVH Corp. has a 1 year low of $88.60 and a 1 year high of $141.15.

PVH (NYSE:PVH - Get Free Report) last issued its quarterly earnings data on Wednesday, December 4th. The textile maker reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.44. The firm had revenue of $2.26 billion during the quarter, compared to analysts' expectations of $2.22 billion. PVH had a return on equity of 13.66% and a net margin of 8.13%. PVH's revenue was down 4.6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.90 earnings per share. On average, equities analysts predict that PVH Corp. will post 11.67 EPS for the current year.

PVH Dividend Announcement

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

Wall Street Analyst Weigh In

PVH has been the subject of a number of research reports. Morgan Stanley reduced their price objective on PVH from $103.00 to $95.00 and set an "equal weight" rating for the company in a research note on Tuesday. JPMorgan Chase & Co. cut PVH from an "overweight" rating to a "neutral" rating and reduced their price objective for the company from $149.00 to $113.00 in a research note on Friday. Barclays boosted their price objective on PVH from $142.00 to $144.00 and gave the company an "overweight" rating in a research note on Monday, December 9th. Guggenheim boosted their target price on PVH from $105.00 to $125.00 and gave the company a "buy" rating in a report on Friday, December 6th. Finally, Bank of America lowered PVH from a "buy" rating to a "neutral" rating and dropped their target price for the company from $130.00 to $107.00 in a report on Wednesday, October 2nd. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat, PVH presently has a consensus rating of "Moderate Buy" and an average price target of $124.73.

About PVH

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.