M. Kulyk & Associates LLC Has $19.20 Million Stock Position in Levi Strauss & Co. (NYSE:LEVI)

M. Kulyk & Associates LLC lessened its position in shares of Levi Strauss & Co. (NYSE:LEVI) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,109,853 shares of the blue-jean maker’s stock after selling 44,092 shares during the period. Levi Strauss & Co. makes up approximately 4.2% of M. Kulyk & Associates LLC’s investment portfolio, making the stock its 4th largest position. M. Kulyk & Associates LLC owned about 0.28% of Levi Strauss & Co. worth $19,200,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in LEVI. FMR LLC boosted its holdings in shares of Levi Strauss & Co. by 44.6% during the third quarter. FMR LLC now owns 9,420,007 shares of the blue-jean maker’s stock worth $205,356,000 after acquiring an additional 2,907,099 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of Levi Strauss & Co. by 119.8% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,541,784 shares of the blue-jean maker’s stock valued at $26,858,000 after buying an additional 840,251 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Levi Strauss & Co. by 59.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,555,382 shares of the blue-jean maker’s stock valued at $33,907,000 after buying an additional 579,460 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Levi Strauss & Co. by 19.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 946,998 shares of the blue-jean maker’s stock valued at $16,383,000 after buying an additional 152,590 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of Levi Strauss & Co. in the fourth quarter valued at approximately $2,450,000. Institutional investors own 69.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. UBS Group cut their price target on Levi Strauss & Co. from $26.00 to $25.00 and set a “buy” rating for the company in a research note on Monday, February 3rd. Barclays cut their price target on Levi Strauss & Co. from $24.00 to $22.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Telsey Advisory Group cut their price target on Levi Strauss & Co. from $26.00 to $23.00 and set an “outperform” rating for the company in a research note on Thursday, January 30th. JPMorgan Chase & Co. cut their price target on Levi Strauss & Co. from $21.00 to $19.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Finally, Citigroup cut their price target on Levi Strauss & Co. from $21.00 to $19.00 and set a “neutral” rating for the company in a research note on Friday, January 17th. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Levi Strauss & Co. presently has an average rating of “Moderate Buy” and a consensus price target of $21.27.

Insider Activity

In other news, Director David A. Friedman sold 4,166 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $18.00, for a total value of $74,988.00. Following the completion of the transaction, the director now directly owns 104,178 shares in the company, valued at approximately $1,875,204. This represents a 3.85 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.14% of the stock is owned by corporate insiders.

Levi Strauss & Co. Stock Down 0.4 %

Shares of LEVI opened at $16.42 on Friday. Levi Strauss & Co. has a 52 week low of $15.62 and a 52 week high of $24.34. The stock has a market capitalization of $6.50 billion, a price-to-earnings ratio of 31.57, a PEG ratio of 1.92 and a beta of 1.16. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.80 and a current ratio of 1.42. The stock has a fifty day moving average of $17.88 and a 200-day moving average of $18.16.

Levi Strauss & Co. (NYSE:LEVI) last announced its quarterly earnings results on Wednesday, January 29th. The blue-jean maker reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. Levi Strauss & Co. had a return on equity of 25.88% and a net margin of 3.32%. As a group, sell-side analysts anticipate that Levi Strauss & Co. will post 1.27 earnings per share for the current fiscal year.

Levi Strauss & Co. Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 12th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date was Wednesday, February 12th. Levi Strauss & Co.’s payout ratio is 100.00%.

Levi Strauss & Co. Profile

Levi Strauss & Co engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia. The company was founded by Levi Strauss in 1853 and is headquartered in San Francisco, CA.