Savant Capital LLC Has $982,000 Stock Position in V.F. Co. (NYSE:VFC)

Savant Capital LLC reduced its position in V.F. Co. (NYSE:VFC) by 4.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 52,257 shares of the textile maker’s stock after selling 2,526 shares during the period. Savant Capital LLC’s holdings in V.F. were worth $982,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VFC. Tokio Marine Asset Management Co. Ltd. raised its stake in V.F. by 5.8% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 11,495 shares of the textile maker’s stock valued at $216,000 after purchasing an additional 633 shares during the period. Arizona State Retirement System raised its position in V.F. by 0.8% during the fourth quarter. Arizona State Retirement System now owns 90,845 shares of the textile maker’s stock valued at $1,708,000 after buying an additional 702 shares during the period. Global Retirement Partners LLC lifted its stake in V.F. by 28.5% in the 4th quarter. Global Retirement Partners LLC now owns 3,225 shares of the textile maker’s stock worth $61,000 after acquiring an additional 715 shares in the last quarter. Treasurer of the State of North Carolina boosted its position in V.F. by 0.5% during the 3rd quarter. Treasurer of the State of North Carolina now owns 153,537 shares of the textile maker’s stock worth $2,713,000 after acquiring an additional 780 shares during the period. Finally, Nordea Investment Management AB grew its stake in V.F. by 3.0% during the 3rd quarter. Nordea Investment Management AB now owns 27,478 shares of the textile maker’s stock valued at $486,000 after acquiring an additional 812 shares in the last quarter. Institutional investors and hedge funds own 86.84% of the company’s stock.

Insider Buying and Selling

In other news, Director Juliana L. Chugg bought 11,301 shares of V.F. stock in a transaction dated Monday, February 12th. The shares were bought at an average price of $17.55 per share, for a total transaction of $198,332.55. Following the purchase, the director now owns 26,301 shares of the company’s stock, valued at $461,582.55. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Bracken Darrell bought 65,360 shares of the business’s stock in a transaction dated Friday, February 9th. The stock was bought at an average price of $15.38 per share, for a total transaction of $1,005,236.80. Following the completion of the purchase, the insider now owns 144,281 shares of the company’s stock, valued at approximately $2,219,041.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Juliana L. Chugg purchased 11,301 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were acquired at an average price of $17.55 per share, for a total transaction of $198,332.55. Following the completion of the transaction, the director now owns 26,301 shares in the company, valued at $461,582.55. The disclosure for this purchase can be found here. 0.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on VFC shares. Stifel Nicolaus reissued a “buy” rating and issued a $22.00 price target on shares of V.F. in a research report on Tuesday, April 9th. The Goldman Sachs Group decreased their target price on shares of V.F. from $14.00 to $12.50 and set a “neutral” rating for the company in a research note on Friday, April 26th. BNP Paribas restated a “neutral” rating and issued a $14.00 target price (down previously from $18.00) on shares of V.F. in a research note on Friday, April 12th. Wedbush cut their price target on V.F. from $16.50 to $15.50 and set a “neutral” rating for the company in a research note on Wednesday, February 7th. Finally, StockNews.com raised shares of V.F. from a “sell” rating to a “hold” rating in a research report on Thursday, February 8th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $17.88.

V.F. Price Performance

NYSE:VFC opened at $12.61 on Friday. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.23 and a quick ratio of 0.70. V.F. Co. has a one year low of $11.91 and a one year high of $22.63. The company has a fifty day moving average price of $14.25 and a 200 day moving average price of $16.09. The stock has a market cap of $4.90 billion, a P/E ratio of -6.40, a PEG ratio of 1.38 and a beta of 1.49.

V.F. (NYSE:VFC) last released its earnings results on Tuesday, February 6th. The textile maker reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.22). V.F. had a negative net margin of 7.07% and a positive return on equity of 19.03%. The company had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.24 billion. During the same quarter in the previous year, the business posted $1.12 EPS. The firm’s quarterly revenue was down 16.2% on a year-over-year basis. Analysts anticipate that V.F. Co. will post 1.11 earnings per share for the current year.

V.F. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 11th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date was Friday, March 8th. V.F.’s payout ratio is -18.27%.

V.F. Profile

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