PVH Corp (NYSE:PVH) SVP James Holmes sold 2,552 shares of the company’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $135.85, for a total transaction of $346,689.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
PVH Corp (NYSE PVH) traded down $0.01 during midday trading on Thursday, hitting $135.61. 673,854 shares of the stock were exchanged, compared to its average volume of 1,007,132. The company has a current ratio of 1.82, a quick ratio of 0.97 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $10,508.55, a PE ratio of 18.00, a PEG ratio of 1.34 and a beta of 0.61. PVH Corp has a 12-month low of $84.53 and a 12-month high of $139.51.
PVH (NYSE:PVH) last posted its quarterly earnings results on Wednesday, November 29th. The textile maker reported $3.02 EPS for the quarter, topping the Zacks’ consensus estimate of $2.91 by $0.11. The firm had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.34 billion. PVH had a net margin of 6.22% and a return on equity of 11.95%. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.60 earnings per share. research analysts forecast that PVH Corp will post 7.81 earnings per share for the current year.
PVH has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of PVH from a “hold” rating to a “buy” rating and set a $135.00 price objective on the stock in a research report on Thursday, August 24th. ValuEngine cut shares of PVH from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Buckingham Research boosted their price objective on shares of PVH from $142.00 to $143.00 and gave the company a “buy” rating in a research report on Friday, August 25th. Deutsche Bank initiated coverage on shares of PVH in a research report on Monday, October 23rd. They set a “hold” rating and a $131.00 price objective on the stock. Finally, Piper Jaffray Companies reiterated a “buy” rating and set a $148.00 price objective on shares of PVH in a research report on Sunday, October 1st. Five research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $143.94.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Ameriprise Financial Inc. grew its holdings in shares of PVH by 31.0% in the third quarter. Ameriprise Financial Inc. now owns 4,026,587 shares of the textile maker’s stock worth $507,666,000 after purchasing an additional 952,394 shares during the last quarter. FMR LLC grew its holdings in shares of PVH by 5.5% in the second quarter. FMR LLC now owns 3,587,739 shares of the textile maker’s stock worth $410,796,000 after purchasing an additional 187,588 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of PVH by 0.4% in the second quarter. JPMorgan Chase & Co. now owns 3,219,010 shares of the textile maker’s stock worth $368,576,000 after purchasing an additional 13,101 shares during the last quarter. Cramer Rosenthal Mcglynn LLC grew its holdings in shares of PVH by 8.6% in the second quarter. Cramer Rosenthal Mcglynn LLC now owns 1,239,768 shares of the textile maker’s stock worth $141,953,000 after purchasing an additional 98,443 shares during the last quarter. Finally, Balyasny Asset Management LLC grew its holdings in shares of PVH by 136.3% in the second quarter. Balyasny Asset Management LLC now owns 1,173,862 shares of the textile maker’s stock worth $134,407,000 after purchasing an additional 677,096 shares during the last quarter. Hedge funds and other institutional investors own 93.80% of the company’s stock.
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PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.
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