PVH Corp. (NYSE:PVH) Shares Purchased by Swedbank AB

Swedbank AB increased its holdings in PVH Corp. (NYSE:PVH - Free Report) by 153.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 440,483 shares of the textile maker's stock after acquiring an additional 266,509 shares during the quarter. Swedbank AB owned about 0.79% of PVH worth $46,581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the business. Creative Planning grew its stake in shares of PVH by 5.0% in the 2nd quarter. Creative Planning now owns 6,165 shares of the textile maker's stock worth $653,000 after buying an additional 296 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its holdings in shares of PVH by 5.3% during the second quarter. Teachers Retirement System of The State of Kentucky now owns 35,202 shares of the textile maker's stock valued at $3,727,000 after acquiring an additional 1,783 shares in the last quarter. Central Pacific Bank Trust Division raised its position in shares of PVH by 36.0% in the 3rd quarter. Central Pacific Bank Trust Division now owns 1,510 shares of the textile maker's stock worth $152,000 after purchasing an additional 400 shares during the last quarter. Handelsbanken Fonder AB lifted its stake in shares of PVH by 29.9% in the third quarter. Handelsbanken Fonder AB now owns 16,500 shares of the textile maker's stock worth $1,664,000 after buying an additional 3,800 shares in the last quarter. Finally, Mather Group LLC. grew its holdings in shares of PVH by 40.1% during the third quarter. Mather Group LLC. now owns 908 shares of the textile maker's stock valued at $92,000 after buying an additional 260 shares during the last quarter. 97.25% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at PVH

In related news, EVP Mark D. Fischer sold 3,186 shares of the business's stock in a transaction on Monday, December 30th. The stock was sold at an average price of $105.50, for a total transaction of $336,123.00. Following the transaction, the executive vice president now directly owns 23,103 shares in the company, valued at $2,437,366.50. The trade was a 12.12 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.00% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Morgan Stanley decreased their price objective on shares of PVH from $103.00 to $95.00 and set an "equal weight" rating for the company in a report on Tuesday, January 21st. Guggenheim upped their price target on PVH from $105.00 to $125.00 and gave the company a "buy" rating in a report on Friday, December 6th. Telsey Advisory Group reiterated an "outperform" rating and issued a $130.00 price objective on shares of PVH in a report on Wednesday, December 4th. Barclays upped their target price on shares of PVH from $142.00 to $144.00 and gave the company an "overweight" rating in a research note on Monday, December 9th. Finally, Bank of America lowered shares of PVH from a "buy" rating to a "neutral" rating and reduced their price target for the stock from $130.00 to $107.00 in a research note on Wednesday, October 2nd. Six equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $123.80.

PVH Stock Up 1.6 %

PVH stock traded up $1.44 during mid-day trading on Thursday, reaching $93.21. 183,563 shares of the company were exchanged, compared to its average volume of 981,251. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.69 and a current ratio of 1.29. The firm has a market cap of $5.19 billion, a P/E ratio of 7.58, a PEG ratio of 0.98 and a beta of 2.09. The business has a fifty day moving average of $103.74 and a 200 day moving average of $100.32. PVH Corp. has a 12-month low of $88.60 and a 12-month 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 for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $2.22 billion. During the same period in the prior year, the business posted $2.90 EPS. The firm's quarterly revenue was down 4.6% on a year-over-year basis. Research analysts anticipate that PVH Corp. will post 11.67 earnings per share for the current fiscal year.

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.