VF (NYSE:VFC) Stock Price Down 8.4% - Time to Sell?

VF Corporation (NYSE:VFC - Get Free Report)'s stock price fell 8.4% during mid-day trading on Tuesday . The stock traded as low as $22.68 and last traded at $22.29. 2,521,293 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 5,536,466 shares. The stock had previously closed at $24.34.

Analyst Ratings Changes

VFC has been the topic of several analyst reports. Jefferies Financial Group lifted their price target on VF from $21.00 to $24.00 and gave the stock a "hold" rating in a report on Tuesday, January 28th. Argus upgraded shares of VF from a "hold" rating to a "buy" rating and set a $25.00 target price on the stock in a report on Tuesday, December 17th. Robert W. Baird raised their price target on shares of VF from $23.00 to $28.00 and gave the stock a "neutral" rating in a report on Thursday, January 30th. Wells Fargo & Company lowered their price objective on VF from $21.00 to $18.00 and set an "underweight" rating for the company in a research report on Friday. Finally, BMO Capital Markets lifted their target price on VF from $14.00 to $25.00 and gave the company a "market perform" rating in a research report on Thursday, January 30th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $22.90.

VF Stock Performance

The company has a market capitalization of $6.78 billion, a PE ratio of -14.62, a P/E/G ratio of 6.77 and a beta of 1.46. The stock's 50-day simple moving average is $24.02 and its 200 day simple moving average is $21.23. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.00 and a current ratio of 1.56.

VF (NYSE:VFC - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The textile maker reported $0.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.28. VF had a positive return on equity of 14.86% and a negative net margin of 4.63%. During the same quarter in the prior year, the business posted $0.57 earnings per share. As a group, research analysts expect that VF Corporation will post 0.73 earnings per share for the current fiscal year.

VF Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Monday, March 10th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.36 annualized dividend and a yield of 2.07%. VF's dividend payout ratio is currently -30.25%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Segall Bryant & Hamill LLC boosted its stake in VF by 1.8% in the third quarter. Segall Bryant & Hamill LLC now owns 3,663,341 shares of the textile maker's stock valued at $73,084,000 after acquiring an additional 65,919 shares in the last quarter. Fiduciary Alliance LLC boosted its position in shares of VF by 6.8% in the 4th quarter. Fiduciary Alliance LLC now owns 256,531 shares of the textile maker's stock valued at $5,505,000 after purchasing an additional 16,431 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in VF by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,017 shares of the textile maker's stock worth $129,000 after buying an additional 3,008 shares during the period. TB Alternative Assets Ltd. acquired a new position in VF during the fourth quarter worth approximately $1,878,000. Finally, CKW Financial Group boosted its holdings in shares of VF by 29.4% in the fourth quarter. CKW Financial Group now owns 2,200 shares of the textile maker's stock valued at $47,000 after acquiring an additional 500 shares during the period. Institutional investors and hedge funds own 86.84% of the company's stock.

About VF

VF Corp. engages in the business of producing and marketing apparel, footwear, and accessories. It operates through the following segments: Outdoor, Active, Work, and Other. The Outdoor segment includes authentic outdoor-based lifestyle brands such as performance-based and outdoor apparel, footwear, and equipment.