PVH Corp. (NYSE:PVH) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC cut its stake in PVH Corp. (NYSE:PVH) by 35.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,485 shares of the textile maker’s stock after selling 8,343 shares during the quarter. Natixis Advisors LLC’s holdings in PVH were worth $1,638,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. UMB Bank n.a. increased its position in PVH by 78.5% during the fourth quarter. UMB Bank n.a. now owns 282 shares of the textile maker’s stock worth $30,000 after purchasing an additional 124 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of PVH by 36.0% in the 4th quarter. GAMMA Investing LLC now owns 487 shares of the textile maker’s stock valued at $52,000 after buying an additional 129 shares during the period. Allworth Financial LP acquired a new stake in shares of PVH during the 4th quarter worth approximately $50,000. Smartleaf Asset Management LLC raised its position in shares of PVH by 96.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 617 shares of the textile maker’s stock valued at $65,000 after buying an additional 303 shares during the period. Finally, Assetmark Inc. lifted its holdings in PVH by 11.8% in the fourth quarter. Assetmark Inc. now owns 1,451 shares of the textile maker’s stock valued at $153,000 after acquiring an additional 153 shares during the last quarter. Hedge funds and other institutional investors own 97.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Barclays cut their target price on PVH from $144.00 to $98.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. UBS Group reduced their price objective on shares of PVH from $172.00 to $160.00 and set a “buy” rating on the stock in a report on Wednesday, March 19th. The Goldman Sachs Group lowered their target price on shares of PVH from $128.00 to $109.00 and set a “buy” rating for the company in a research note on Tuesday, March 4th. Wells Fargo & Company downgraded shares of PVH from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $130.00 to $105.00 in a research note on Monday, February 3rd. Finally, Jefferies Financial Group lowered their price objective on shares of PVH from $104.00 to $101.00 and set a “hold” rating for the company in a research report on Tuesday, January 28th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, PVH currently has a consensus rating of “Moderate Buy” and an average target price of $118.13.

Insider Buying and Selling at PVH

In other news, EVP Mark D. Fischer sold 3,186 shares of the company’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $105.50, for a total transaction of $336,123.00. Following the completion of the transaction, the executive vice president now directly owns 23,103 shares of the company’s stock, valued at approximately $2,437,366.50. This represents a 12.12 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.00% of the company’s stock.

PVH Price Performance

PVH stock opened at $69.39 on Tuesday. PVH Corp. has a 1 year low of $62.94 and a 1 year high of $141.15. The firm has a market capitalization of $3.86 billion, a P/E ratio of 5.65, a P/E/G ratio of 0.77 and a beta of 2.10. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.29 and a quick ratio of 0.69. The business’s 50-day moving average is $79.28 and its two-hundred day moving average is $93.71.

PVH Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th will be issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.22%. The ex-dividend date of this dividend is Wednesday, March 5th. PVH’s dividend payout ratio (DPR) is presently 1.22%.

PVH Company Profile

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.