PVH Corp. (NYSE:PVH) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP decreased its position in PVH Corp. (NYSE:PVH - Free Report) by 3.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 344,588 shares of the textile maker's stock after selling 12,726 shares during the period. Wellington Management Group LLP owned about 0.62% of PVH worth $36,440,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quantinno Capital Management LP increased its position in PVH by 18.5% during the 3rd quarter. Quantinno Capital Management LP now owns 37,306 shares of the textile maker's stock worth $3,762,000 after purchasing an additional 5,817 shares during the period. MML Investors Services LLC grew its holdings in PVH by 46.7% during the third quarter. MML Investors Services LLC now owns 3,422 shares of the textile maker's stock worth $345,000 after acquiring an additional 1,089 shares during the period. Barclays PLC raised its position in PVH by 71.3% in the third quarter. Barclays PLC now owns 60,495 shares of the textile maker's stock worth $6,097,000 after acquiring an additional 25,174 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its holdings in PVH by 9.1% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 38,421 shares of the textile maker's stock valued at $3,874,000 after acquiring an additional 3,219 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in shares of PVH during the 3rd quarter worth $1,916,000. 97.25% of the stock is currently owned by institutional investors and hedge funds.

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PVH Trading Down 0.6 %

Shares of PVH stock traded down $0.41 during mid-day trading on Friday, hitting $68.74. 1,635,856 shares of the company's stock were exchanged, compared to its average volume of 947,992. The stock has a market cap of $3.62 billion, a price-to-earnings ratio of 5.60, a PEG ratio of 0.77 and a beta of 1.89. The company has a quick ratio of 0.69, a current ratio of 1.29 and a debt-to-equity ratio of 0.31. PVH Corp. has a fifty-two week low of $59.28 and a fifty-two week high of $124.68. The stock has a 50-day simple moving average of $71.39 and a two-hundred day simple moving average of $90.65.

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

PVH Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Investors 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 yield of 0.22%. PVH's payout ratio is 1.42%.

Analyst Ratings Changes

PVH has been the subject of several recent analyst reports. Barclays raised their price objective on shares of PVH from $98.00 to $103.00 and gave the company an "overweight" rating in a research note on Thursday, April 3rd. UBS Group dropped their price objective on PVH from $172.00 to $160.00 and set a "buy" rating for the company in a research note on Wednesday, March 19th. Jefferies Financial Group decreased their target price on PVH from $101.00 to $80.00 and set a "hold" rating on the stock in a research report on Wednesday, April 2nd. StockNews.com upgraded PVH from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. Finally, Wells Fargo & Company lowered shares of PVH from an "overweight" rating to an "equal weight" rating and decreased their price objective for the stock from $130.00 to $105.00 in a research report on Monday, February 3rd. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $107.13.

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.