VF Corp (VFC) Position Boosted by Wallington Asset Management LLC

Wallington Asset Management LLC boosted its stake in VF Corp (NYSE:VFC) by 4.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 155,505 shares of the textile maker’s stock after buying an additional 7,330 shares during the period. VF accounts for 3.0% of Wallington Asset Management LLC’s portfolio, making the stock its 12th biggest holding. Wallington Asset Management LLC’s holdings in VF were worth $11,507,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Victory Capital Management Inc. lifted its holdings in VF by 6.4% in the 4th quarter. Victory Capital Management Inc. now owns 3,913,402 shares of the textile maker’s stock valued at $289,592,000 after acquiring an additional 236,963 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in VF by 5.9% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,744,948 shares of the textile maker’s stock valued at $129,127,000 after acquiring an additional 97,588 shares during the last quarter. AMG National Trust Bank lifted its holdings in VF by 0.7% in the 3rd quarter. AMG National Trust Bank now owns 1,347,332 shares of the textile maker’s stock valued at $85,650,000 after acquiring an additional 9,604 shares during the last quarter. Parametric Portfolio Associates LLC lifted its holdings in VF by 8.0% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 1,000,746 shares of the textile maker’s stock valued at $63,617,000 after acquiring an additional 73,716 shares during the last quarter. Finally, New York State Common Retirement Fund lifted its holdings in VF by 2.4% in the 3rd quarter. New York State Common Retirement Fund now owns 934,700 shares of the textile maker’s stock valued at $59,419,000 after acquiring an additional 22,300 shares during the last quarter.

In other VF news, VP Aidan O’meara sold 5,000 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $69.97, for a total transaction of $349,850.00. Following the transaction, the vice president now owns 96,344 shares in the company, valued at $6,741,189.68. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Scott H. Baxter sold 39,694 shares of the stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $71.50, for a total value of $2,838,121.00. Following the transaction, the vice president now owns 112,202 shares in the company, valued at approximately $8,022,443. The disclosure for this sale can be found here. Insiders sold 143,516 shares of company stock worth $10,209,168 in the last 90 days. 1.60% of the stock is currently owned by corporate insiders.

VF Corp (VFC) opened at $80.47 on Thursday. VF Corp has a twelve month low of $48.05 and a twelve month high of $82.95. The company has a market capitalization of $31,359.03, a P/E ratio of 33.95, a P/E/G ratio of 2.22 and a beta of 0.90. The company has a quick ratio of 0.97, a current ratio of 1.47 and a debt-to-equity ratio of 0.54.

VFC has been the subject of a number of research analyst reports. Guggenheim reissued a “buy” rating and issued a $84.00 price target on shares of VF in a report on Wednesday, January 10th. Canaccord Genuity set a $81.00 price objective on shares of VF and gave the company a “buy” rating in a research note on Thursday, October 19th. Robert W. Baird reaffirmed an “average” rating and set a $84.00 price objective on shares of VF in a research note on Wednesday, January 3rd. Stifel Nicolaus set a $78.00 price objective on shares of VF and gave the company a “hold” rating in a research note on Saturday, December 16th. Finally, Piper Jaffray Companies upped their price objective on shares of VF to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $71.76.

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VF Profile

V.F. Corporation (VF) is engaged in the design, production, procurement, marketing and distribution of branded lifestyle apparel, footwear and related products. The Company’s segments include Outdoor & Action Sports, Jeanswear, Imagewear and Sportswear. Its Outdoor & Action Sports Coalition is a group of authentic outdoor and activity-based lifestyle brands.

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Institutional Ownership by Quarter for VF (NYSE:VFC)

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