PVH Corp. (NYSE:PVH) EVP Mark D. Fischer Sells 3,186 Shares

PVH Corp. (NYSE:PVH) EVP Mark D. Fischer sold 3,186 shares of PVH stock in a transaction on Monday, December 30th. The shares were sold at an average price of $105.50, for a total value of $336,123.00. Following the sale, the executive vice president now directly owns 23,103 shares of the company’s stock, valued at approximately $2,437,366.50. The trade was a 12.12 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

PVH Stock Performance

NYSE:PVH traded down $1.75 during mid-day trading on Monday, hitting $105.71. 604,577 shares of the company’s stock traded hands, compared to its average volume of 839,720. The firm has a market capitalization of $5.88 billion, a price-to-earnings ratio of 8.61, a price-to-earnings-growth ratio of 1.10 and a beta of 2.10. The firm has a 50 day moving average of $103.97 and a two-hundred day moving average of $101.92. The company has a current ratio of 1.29, a quick ratio of 0.69 and a debt-to-equity ratio of 0.31. PVH Corp. has a 12 month low of $89.56 and a 12 month high of $141.15.

PVH (NYSE:PVH) last posted its quarterly earnings data on Wednesday, December 4th. The textile maker reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.44. PVH had a return on equity of 13.66% and a net margin of 8.13%. The company had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.22 billion. During the same period in the prior year, the business earned $2.90 earnings per share. PVH’s revenue for the quarter was down 4.6% compared to the same quarter last year. On average, equities analysts forecast that PVH Corp. will post 11.68 earnings per share for the current fiscal year.

PVH Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Wednesday, November 27th were given a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a yield of 0.14%. The ex-dividend date was Wednesday, November 27th. PVH’s dividend payout ratio (DPR) is presently 1.22%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on PVH shares. Bank of America downgraded PVH from a “buy” rating to a “neutral” rating and cut their price target for the stock from $130.00 to $107.00 in a research note on Wednesday, October 2nd. Morgan Stanley reduced their target price on shares of PVH from $120.00 to $100.00 and set an “equal weight” rating for the company in a research note on Friday, September 6th. Barclays increased their price target on shares of PVH from $142.00 to $144.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $130.00 price objective on shares of PVH in a research note on Wednesday, December 4th. Finally, Guggenheim increased their target price on shares of PVH from $105.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $128.00.

Institutional Trading of PVH

Institutional investors have recently modified their holdings of the company. Raymond James & Associates increased its holdings in PVH by 4.0% in the 2nd quarter. Raymond James & Associates now owns 15,444 shares of the textile maker’s stock valued at $1,635,000 after buying an additional 591 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in PVH by 79.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,246 shares of the textile maker’s stock valued at $2,355,000 after acquiring an additional 9,861 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in PVH in the second quarter valued at about $1,038,000. Signaturefd LLC raised its position in PVH by 6.7% in the second quarter. Signaturefd LLC now owns 1,713 shares of the textile maker’s stock worth $181,000 after purchasing an additional 107 shares in the last quarter. Finally, Hantz Financial Services Inc. bought a new position in PVH during the second quarter worth about $385,000. Institutional investors and hedge funds own 97.25% of the company’s stock.

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.