According to the company’s most recent Form 13F filing with the Securities and Exchange Commission, Dupont Capital Management Corp. its stake in PVH Corp. (NYSE:PVH) by 45.1% in the third quarter (SEC). The firm owned 25,724 shares of the textile maker’s stock after selling 21,164 shares of the textile maker’s stock in the previous period. The most recent valuation of PVH by Dupont Capital Management Corporation was $1,152,000 and was completed at the end of the most recent fiscal quarter.
In recent months, various institutional investors have made transactions related to the purchase and sale of shares of the company. These transactions were carried out by different companies. Great West Life Assurance Company of Canada increased its holdings in PVH by 1.4% in the first quarter of 2018. Great West Life Assurance Company of Canada owned 14,483 shares of the textile maker’s stock after buying an additional 200 shares. The stock is valued at $117,000 and the company has spent the period buying additional shares. In the second quarter, Victory Capital Management Inc. increased 3.9% of the PVH shares he owns, which brought his total ownership percentage to 100%. Victory Capital Management Inc. now owns 5,501 shares of the textile maker’s stock with the current market value of 5,501 shares after acquiring an additional 209 shares in the last trading session, bringing the company’s holdings to 5,501 shares. From $313,000. Fifth Third Bancorp raised its stake in shares of PVH by 7.5% in the fiscal second quarter. Fifth Third Bancorp owned 3,055 shares of the textile maker’s stock after purchasing an additional 214 shares during the period. The share price is currently $174,000. PNC Financial Services Group Inc. increased PVH shares by 2.0% in the first three months of 2018. PNC Financial Services Group Inc. now owns 11,444 shares of the textile maker’s stock valued at $870,000 after purchasing an additional 226 shares during the quarter. This brings the total number of shares owned by the company to 11,444. In the first quarter of this year, Covestor Ltd. increased. 69.3% of PVH’s shares, making it the last point to be mentioned. After acquiring 244 shares during the period in question, Covestor Ltd. owns now 596 shares of the textile maker. Based on the current market price, that’s $46,000. 93.50 percent of the company’s shares are jointly held by hedge funds and other institutional investors.
In other news, I’d like to introduce the Executive Vice President. Mark D. Fischer sold 1,732 shares of the company’s stock on January 11th. The transaction was completed successfully. Each share received an average price of $81.00, resulting in a total transaction value of $140,292.00. Following the completion of the transaction, the executive vice president now owns 32,468 shares in the company, with a total value of approximately $2,629,908. If you follow this link, you will be directed to a filing with the SEC that will provide you with additional information about the sale. As previously mentioned, VP Mark D. Fischer sold 1,732 shares of the company’s stock on January 11th. Each share received an average price of $81.00, resulting in a total transaction value of $140,292.00. As a result of the transaction, the executive vice president now owns a total of 32,468 shares in the company, valued at approximately $2,629,908. You can learn more about the sale by following this link, which will take you to the SEC filing. On the same day, December 9, James Holmes, executive vice president of the company, sold 4,417 shares. The shares were purchased at an average price of $74.68 per share, resulting in a total transaction value of $329,861.56. Following the purchase, the executive vice president now owns 15,420 shares of the company’s stock. The total value of these shares is approximately $1,151,565.60, so the Executive Vice President’s stake is worth more. Disclosures related to the sale can be found in this section of the website. Currently, the company’s volume owned by employees and other company insiders is 0.56%.
Several research papers and analyst papers have been published on PVH. Wedbush raised their price objective on shares of PVH to $77.00 in a research report on Friday, December 2nd. Telsey Advisory Group upgraded PVH to an outperform rating and upgraded its rating in a research report on Friday, December 2nd. price objective on the stock in the range of $80.00 to $90.00. Additionally, the price objective on the stock was increased from $80.00 to $90.00. Credit Suisse Group raised PVH from an outperform rating to a buy rating and upped their target price for the stock in a research report on Thursday, December 1st. Cowen upped their price objective on shares of PVH from $75.00. $86.00 and the change was published in a research note on Friday, January 6th. Finally, Citigroup boosted their price objective on shares of PVH from $60.00 to $74.00 and upgraded the company to a “neutral” rating in a research report published on Monday, December 5th. The company’s shares were the subject of both contract amendments. Seven out of ten equity research professionals polled have recommended buying the company’s stock, while ten of them think investors should maintain their current holdings in the company’s stock. PVH currently has a “Hold” rating and a price objective set at $82.78, according to Bloomberg research.
NYSE PVH stock opened at $83.66 on Friday. The current ratio to the quick ratio is 1.35; current ratio to quick ratio is 0.68; and a debt-to-equity ratio of 0.44%. Over the past 52 weeks, PVH Corporation’s stock price has fluctuated from a low of $43.49 to a high of $105.75. The company’s stock has a current market capitalization of $5.30 billion and a price-to-earnings ratio of 13.26. It also has a price-to-earnings-growth ratio of 0.94 and a beta of 2.01. The company has a moving average of $67.89 over the past 50 days, and a moving average over the past 200 days of $60.67.
In addition, the company just recently announced that it will start paying dividends every quarter, which will take place on December 21st. On Wednesday, November 30, dividend payments were sent to shareholders whose information was already in the register. Each dividend payment was $0.0375 per share. This results in an annualized dividend payment of $0.15 and a total yield of 0.18% on a quarterly basis, which is due on December 21st. Dividend payments were sent out to shareholders whose information was already on file on Wednesday, November 30th. Each dividend payment was $0.0375 per share. This results in an annual dividend payment of $0.15 and a total investment return of 0.18%. Tuesday, November 29th was the date that shareholders had to pay taxes on this dividend. This date took place in November. PVH’s dividend payout ratio (DPR) is 2.38 percent.