V.F. (NYSE:VFC) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of V.F. (NYSE:VFC – Get Rating) in a research report report published on Thursday. The brokerage issued a sell rating on the textile maker’s stock.

VFC has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft decreased their price objective on V.F. from $36.00 to $35.00 and set a buy rating on the stock in a report on Monday, February 6th. JPMorgan Chase & Co. decreased their price objective on V.F. from $23.00 to $20.00 and set an underweight rating on the stock in a report on Wednesday, February 8th. OTR Global reaffirmed a negative rating on shares of V.F. in a report on Friday, January 20th. Robert W. Baird decreased their price objective on V.F. from $34.00 to $30.00 and set a neutral rating on the stock in a report on Thursday, February 9th. Finally, BTIG Research reaffirmed a neutral rating on shares of V.F. in a report on Tuesday, February 7th. Six investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, V.F. presently has a consensus rating of Hold and a consensus target price of $32.56.

V.F. Stock Up 0.1 %

VFC stock opened at $21.42 on Thursday. The company has a current ratio of 1.15, a quick ratio of 0.58 and a debt-to-equity ratio of 1.39. The firm has a market capitalization of $8.33 billion, a PE ratio of 20.02, a PEG ratio of 3.23 and a beta of 1.43. V.F. has a 1-year low of $20.14 and a 1-year high of $60.09. The business’s 50 day simple moving average is $27.16 and its 200 day simple moving average is $30.11.

V.F. (NYSE:VFC – Get Rating) last posted its earnings results on Tuesday, February 7th. The textile maker reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.13. The business had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.49 billion. V.F. had a return on equity of 27.87% and a net margin of 3.54%. The firm’s revenue was down 2.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.35 EPS. As a group, research analysts anticipate that V.F. will post 2.08 EPS for the current year.

V.F. Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 21st. Shareholders of record on Friday, March 10th will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, March 9th. This represents a $1.20 annualized dividend and a yield of 5.60%. V.F.’s dividend payout ratio is presently 112.15%.

Insider Buying and Selling at V.F.

In other news, Director Juliana L. Chugg bought 15,000 shares of the company’s stock in a transaction on Monday, February 13th. The stock was purchased at an average cost of $26.69 per share, for a total transaction of $400,350.00. Following the completion of the transaction, the director now owns 15,000 shares of the company’s stock, valued at $400,350. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, Director Juliana L. Chugg purchased 15,000 shares of the firm’s stock in a transaction dated Monday, February 13th. The stock was bought at an average price of $26.69 per share, with a total value of $400,350.00. Following the completion of the purchase, the director now owns 15,000 shares in the company, valued at approximately $400,350. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Carol L. Roberts purchased 7,109 shares of the firm’s stock in a transaction dated Wednesday, March 15th. The stock was bought at an average cost of $21.07 per share, with a total value of $149,786.63. Following the purchase, the director now owns 7,109 shares of the company’s stock, valued at approximately $149,786.63. The disclosure for this purchase can be found here. Corporate insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On V.F.

Several institutional investors and hedge funds have recently made changes to their positions in VFC. American Century Companies Inc. increased its stake in shares of V.F. by 65.3% in the first quarter. American Century Companies Inc. now owns 31,193 shares of the textile maker’s stock valued at $1,773,000 after buying an additional 12,328 shares during the period. Panagora Asset Management Inc. grew its stake in V.F. by 98.9% during the first quarter. Panagora Asset Management Inc. now owns 28,234 shares of the textile maker’s stock worth $1,605,000 after purchasing an additional 14,036 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in V.F. by 5.5% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 43,190 shares of the textile maker’s stock worth $2,456,000 after purchasing an additional 2,270 shares during the period. Dimensional Fund Advisors LP grew its stake in V.F. by 13.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,567,185 shares of the textile maker’s stock worth $89,124,000 after purchasing an additional 187,008 shares during the period. Finally, Vontobel Holding Ltd. grew its stake in V.F. by 6.0% during the first quarter. Vontobel Holding Ltd. now owns 13,192 shares of the textile maker’s stock worth $771,000 after purchasing an additional 751 shares during the period. Institutional investors and hedge funds own 96.89% of the company’s stock.

V.F. Company Profile

(Get Rating)

VF Corp. designs, produces, procures, markets and distributes lifestyle apparel, footwear and related products. It operates through the following segments: Outdoor, Active, and Work. The Outdoor segment refers to authentic outdoor-based lifestyle brands including performance-based apparel, footwear, equipment, backpacks, luggage and accessories.