J.W. Cole Advisors Inc. Grows Stock Holdings in VF Corporation (NYSE:VFC)

J.W. Cole Advisors Inc. increased its holdings in shares of VF Corporation (NYSE:VFC) by 22.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,076 shares of the textile maker’s stock after purchasing an additional 2,919 shares during the period. J.W. Cole Advisors Inc.’s holdings in VF were worth $217,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position in VF by 22.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,241,702 shares of the textile maker’s stock worth $60,951,000 after purchasing an additional 590,434 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in VF by 24.3% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 24,920 shares of the textile maker’s stock worth $469,000 after buying an additional 4,865 shares in the last quarter. Panagora Asset Management Inc. increased its holdings in VF by 11.6% in the fourth quarter. Panagora Asset Management Inc. now owns 30,134 shares of the textile maker’s stock valued at $567,000 after buying an additional 3,140 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of VF by 785.5% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 62,420 shares of the textile maker’s stock worth $1,173,000 after acquiring an additional 55,371 shares during the period. Finally, Norges Bank purchased a new stake in shares of VF during the 4th quarter worth about $76,059,000. 86.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at VF

In related news, Director Richard Carucci acquired 15,000 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The shares were purchased at an average cost of $16.70 per share, for a total transaction of $250,500.00. Following the acquisition, the director now owns 230,178 shares in the company, valued at approximately $3,843,972.60. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.70% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. TD Cowen upped their price target on VF from $9.00 to $16.00 and gave the stock a “hold” rating in a report on Tuesday, August 6th. Wedbush reissued a “neutral” rating and issued a $13.00 price target on shares of VF in a research note on Monday, August 5th. Argus upgraded shares of VF to a “hold” rating in a research report on Wednesday, August 28th. Barclays upgraded shares of VF from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $19.00 to $22.00 in a research report on Wednesday. Finally, StockNews.com raised shares of VF from a “sell” rating to a “hold” rating in a research note on Thursday, August 8th. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, VF currently has an average rating of “Hold” and a consensus target price of $16.19.

VF Stock Performance

NYSE:VFC opened at $18.65 on Friday. The firm has a market capitalization of $7.26 billion, a price-to-earnings ratio of -7.46, a PEG ratio of 2.05 and a beta of 1.53. The company has a debt-to-equity ratio of 2.84, a current ratio of 0.99 and a quick ratio of 0.51. The company’s 50-day moving average is $17.05 and its two-hundred day moving average is $14.76. VF Corporation has a 1-year low of $11.00 and a 1-year high of $20.69.

VF (NYSE:VFC) last posted its earnings results on Tuesday, August 6th. The textile maker reported ($0.33) EPS for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.04. The company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.85 billion. VF had a positive return on equity of 11.75% and a negative net margin of 11.39%. The company’s revenue for the quarter was down 8.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.15) earnings per share. Analysts forecast that VF Corporation will post 0.73 EPS for the current year.

VF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 18th. Shareholders of record on Tuesday, September 10th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend was Tuesday, September 10th. VF’s dividend payout ratio (DPR) is presently -14.40%.

VF 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.