Levi Strauss & Co. (NYSE:LEVI) Shares Bought by Trexquant Investment LP

Trexquant Investment LP increased its holdings in shares of Levi Strauss & Co. (NYSE:LEVI - Free Report) by 47.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 746,017 shares of the blue-jean maker's stock after purchasing an additional 239,518 shares during the period. Trexquant Investment LP owned 0.19% of Levi Strauss & Co. worth $12,906,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in LEVI. Charles Schwab Investment Management Inc. boosted its position in shares of Levi Strauss & Co. by 16.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 794,408 shares of the blue-jean maker's stock worth $17,318,000 after buying an additional 110,993 shares during the period. FMR LLC lifted its position in Levi Strauss & Co. by 44.6% during the 3rd quarter. FMR LLC now owns 9,420,007 shares of the blue-jean maker's stock worth $205,356,000 after acquiring an additional 2,907,099 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Levi Strauss & Co. by 274.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 33,657 shares of the blue-jean maker's stock worth $734,000 after acquiring an additional 24,669 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Levi Strauss & Co. by 59.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,555,382 shares of the blue-jean maker's stock valued at $33,907,000 after acquiring an additional 579,460 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. raised its stake in shares of Levi Strauss & Co. by 2,904.1% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 5,137 shares of the blue-jean maker's stock valued at $112,000 after purchasing an additional 4,966 shares during the period. 69.14% of the stock is currently owned by institutional investors and hedge funds.

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Insider Buying and Selling at Levi Strauss & Co.

In related news, Director David A. Friedman sold 4,166 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $18.44, for a total value of $76,821.04. Following the sale, the director now owns 100,012 shares of the company's stock, valued at $1,844,221.28. This trade represents a 4.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.25% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on LEVI shares. Citigroup lowered their price target on shares of Levi Strauss & Co. from $21.00 to $19.00 and set a "neutral" rating for the company in a report on Friday, January 17th. Wells Fargo & Company lowered their target price on Levi Strauss & Co. from $20.00 to $17.00 and set an "equal weight" rating for the company in a research note on Thursday, January 30th. Telsey Advisory Group reiterated an "outperform" rating and issued a $23.00 price target on shares of Levi Strauss & Co. in a research note on Wednesday. JPMorgan Chase & Co. lowered their price objective on Levi Strauss & Co. from $21.00 to $19.00 and set a "neutral" rating for the company in a research note on Friday, January 24th. Finally, Guggenheim lifted their price objective on Levi Strauss & Co. from $20.00 to $22.00 and gave the stock a "buy" rating in a report on Monday, February 3rd. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $21.27.

Levi Strauss & Co. Stock Performance

LEVI stock traded down $0.45 during trading on Friday, hitting $13.99. 4,271,430 shares of the company's stock traded hands, compared to its average volume of 2,072,835. The stock has a market capitalization of $5.54 billion, a price-to-earnings ratio of 26.90, a price-to-earnings-growth ratio of 1.92 and a beta of 1.07. Levi Strauss & Co. has a 52 week low of $13.51 and a 52 week high of $24.34. The stock has a fifty day moving average price of $17.20 and a two-hundred day moving average price of $17.70. The company has a quick ratio of 0.80, a current ratio of 1.42 and a debt-to-equity ratio of 0.50.

Levi Strauss & Co. (NYSE:LEVI - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The blue-jean maker reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. Levi Strauss & Co. had a net margin of 3.32% and a return on equity of 25.88%. As a group, equities analysts anticipate that Levi Strauss & Co. will post 1.27 EPS for the current fiscal year.

Levi Strauss & Co. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Wednesday, February 12th were given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 3.72%. The ex-dividend date was Wednesday, February 12th. Levi Strauss & Co.'s dividend payout ratio is presently 100.00%.

About Levi Strauss & Co.

Levi Strauss & Co engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia. The company was founded by Levi Strauss in 1853 and is headquartered in San Francisco, CA.