V Square Quantitative Management LLC Buys 1,367 Shares of V.F. Co. (NYSE:VFC)

V Square Quantitative Management LLC increased its stake in shares of V.F. Co. (NYSE:VFC) by 11.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,242 shares of the textile maker’s stock after acquiring an additional 1,367 shares during the period. V Square Quantitative Management LLC’s holdings in V.F. were worth $249,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of VFC. Wolff Wiese Magana LLC raised its stake in shares of V.F. by 2,835.6% during the 4th quarter. Wolff Wiese Magana LLC now owns 1,321 shares of the textile maker’s stock worth $25,000 after purchasing an additional 1,276 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in V.F. during the fourth quarter worth $25,000. Allworth Financial LP lifted its stake in V.F. by 111.5% in the fourth quarter. Allworth Financial LP now owns 1,817 shares of the textile maker’s stock valued at $34,000 after acquiring an additional 958 shares during the last quarter. CVA Family Office LLC bought a new position in shares of V.F. in the 4th quarter valued at about $39,000. Finally, ORG Partners LLC acquired a new position in shares of V.F. during the 4th quarter worth about $40,000. 86.84% of the stock is owned by institutional investors and hedge funds.

Insider Activity at V.F.

In other V.F. news, Director Richard Carucci bought 25,000 shares of V.F. stock in a transaction on Thursday, June 13th. The shares were purchased at an average price of $13.78 per share, with a total value of $344,500.00. Following the acquisition, the director now owns 215,130 shares in the company, valued at approximately $2,964,491.40. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. In other V.F. news, Director Richard Carucci acquired 25,000 shares of the company’s stock in a transaction that occurred on Thursday, June 13th. The stock was acquired at an average cost of $13.78 per share, for a total transaction of $344,500.00. Following the transaction, the director now directly owns 215,130 shares in the company, valued at $2,964,491.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Bracken Darrell bought 75,200 shares of the firm’s stock in a transaction on Monday, June 10th. The stock was acquired at an average price of $13.26 per share, for a total transaction of $997,152.00. Following the transaction, the insider now owns 219,972 shares of the company’s stock, valued at $2,916,828.72. The disclosure for this purchase can be found here. 0.70% of the stock is currently owned by insiders.

V.F. Price Performance

V.F. stock opened at $13.82 on Tuesday. The stock’s fifty day moving average price is $12.85 and its two-hundred day moving average price is $15.26. The firm has a market cap of $5.37 billion, a PE ratio of -5.53, a price-to-earnings-growth ratio of 1.05 and a beta of 1.53. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.22 and a quick ratio of 0.71. V.F. Co. has a one year low of $11.00 and a one year high of $21.17.

V.F. (NYSE:VFC) last posted its quarterly earnings results on Wednesday, May 22nd. The textile maker reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.34). V.F. had a negative net margin of 9.27% and a positive return on equity of 13.14%. The company had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.42 billion. During the same period last year, the firm earned $0.17 EPS. The firm’s revenue for the quarter was down 13.4% compared to the same quarter last year. As a group, research analysts expect that V.F. Co. will post 0.85 EPS for the current fiscal year.

V.F. Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Monday, June 10th will be given a dividend of $0.09 per share. The ex-dividend date is Monday, June 10th. This represents a $0.36 annualized dividend and a dividend yield of 2.61%. V.F.’s dividend payout ratio is -14.40%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on VFC. BMO Capital Markets cut their target price on shares of V.F. from $18.00 to $13.00 and set a “market perform” rating for the company in a research note on Thursday, May 23rd. StockNews.com downgraded V.F. from a “hold” rating to a “sell” rating in a research note on Monday, May 27th. Wedbush dropped their price target on V.F. from $15.50 to $13.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 21st. Robert W. Baird reduced their price objective on shares of V.F. from $16.00 to $13.00 and set a “neutral” rating for the company in a research report on Thursday, May 23rd. Finally, Wells Fargo & Company decreased their price objective on shares of V.F. from $14.00 to $11.00 and set an “equal weight” rating on the stock in a report on Thursday, May 23rd. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, V.F. has a consensus rating of “Hold” and an average target price of $13.06.

V.F. Company Profile

V.F. Corporation, together with its subsidiaries, engages in the design, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and accessories for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Outdoor, Active, and Work.