O Shaughnessy Asset Management LLC Has $365,000 Stock Position in PVH Corp. (NYSE:PVH)

O Shaughnessy Asset Management LLC cut its stake in shares of PVH Corp. (NYSE:PVH) by 16.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,451 shares of the textile maker’s stock after selling 693 shares during the period. O Shaughnessy Asset Management LLC’s holdings in PVH were worth $365,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. UMB Bank n.a. boosted its holdings 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 buying an additional 124 shares during the last quarter. GAMMA Investing LLC raised its position 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 acquiring an additional 129 shares during the period. Assetmark Inc. boosted its stake in PVH by 11.8% during the 4th quarter. Assetmark Inc. now owns 1,451 shares of the textile maker’s stock worth $153,000 after acquiring an additional 153 shares during the last quarter. Signaturefd LLC increased its stake in PVH by 11.0% in the fourth quarter. Signaturefd LLC now owns 1,569 shares of the textile maker’s stock valued at $166,000 after purchasing an additional 156 shares in the last quarter. Finally, Central Pacific Bank Trust Division raised its holdings in PVH by 15.9% in the fourth quarter. Central Pacific Bank Trust Division now owns 1,750 shares of the textile maker’s stock worth $185,000 after purchasing an additional 240 shares during the period. 97.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on PVH shares. Telsey Advisory Group reissued an “outperform” rating and issued a $90.00 price target on shares of PVH in a report on Tuesday, April 1st. The Goldman Sachs Group lowered their price target on PVH from $128.00 to $109.00 and set a “buy” rating for the company in a report on Tuesday, March 4th. Wells Fargo & Company cut PVH from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $130.00 to $105.00 in a report on Monday, February 3rd. Morgan Stanley lowered their target price on PVH from $95.00 to $86.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 2nd. Finally, Citigroup reaffirmed a “neutral” rating and issued a $68.00 price target (down previously from $83.00) on shares of PVH in a research note on Monday. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, PVH has an average rating of “Moderate Buy” and a consensus price target of $107.13.

PVH Trading Down 0.6 %

PVH stock opened at $68.74 on Friday. 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 firm has a 50-day moving average of $71.39 and a 200-day moving average of $90.65. The company has a market cap of $3.62 billion, a price-to-earnings ratio of 5.60, a P/E/G ratio of 0.77 and a beta of 1.89. PVH Corp. has a one year low of $59.28 and a one year high of $124.68.

PVH (NYSE:PVH) last issued its quarterly earnings results on Monday, March 31st. The textile maker reported $3.27 EPS for the quarter, beating the consensus estimate of $3.19 by $0.08. The firm had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.34 billion. PVH had a return on equity of 13.66% and a net margin of 8.13%. The business’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.72 earnings per share. On average, equities analysts expect that PVH Corp. will post 11.67 earnings per share for the current fiscal year.

PVH Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th were given a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.22%. The ex-dividend date was Wednesday, March 5th. PVH’s dividend payout ratio (DPR) is currently 1.42%.

PVH 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.