Keeley Teton Advisors LLC lessened its position in PVH Corp (NYSE:PVH) by 45.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,860 shares of the textile maker’s stock after selling 24,872 shares during the quarter. Keeley Teton Advisors LLC’s holdings in PVH were worth $4,097,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. lifted its holdings in PVH by 31.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,026,587 shares of the textile maker’s stock valued at $507,666,000 after buying an additional 952,394 shares in the last quarter. Columbus Circle Investors bought a new stake in PVH during the 3rd quarter valued at about $30,247,000. Dana Investment Advisors Inc. lifted its holdings in PVH by 549.5% during the 3rd quarter. Dana Investment Advisors Inc. now owns 280,931 shares of the textile maker’s stock valued at $35,414,000 after buying an additional 237,679 shares in the last quarter. Capital Growth Management LP bought a new stake in PVH during the 4th quarter valued at about $21,268,000. Finally, Davidson Kempner Capital Management LP bought a new stake in PVH during the 3rd quarter valued at about $18,909,000. Hedge funds and other institutional investors own 94.54% of the company’s stock.
PVH Corp (NYSE PVH) opened at $143.07 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.82 and a quick ratio of 0.97. PVH Corp has a 12-month low of $89.52 and a 12-month high of $157.96. The stock has a market cap of $10,790.11, a P/E ratio of 21.29, a PEG ratio of 1.21 and a beta of 0.71.
In other news, CEO Steven B. Shiffman sold 3,100 shares of PVH stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $136.38, for a total value of $422,778.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Emanuel Chirico sold 370,327 shares of PVH stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $132.56, for a total transaction of $49,090,547.12. The disclosure for this sale can be found here. In the last ninety days, insiders sold 392,290 shares of company stock worth $52,131,795. Insiders own 1.30% of the company’s stock.
PVH has been the subject of a number of research analyst reports. Piper Jaffray Companies set a $148.00 price objective on shares of PVH and gave the company a “buy” rating in a report on Thursday, November 16th. Cowen set a $150.00 price target on shares of PVH and gave the company a “buy” rating in a report on Monday, November 27th. Telsey Advisory Group boosted their price target on shares of PVH from $145.00 to $158.00 and gave the company an “outperform” rating in a report on Thursday, November 30th. JPMorgan Chase & Co. set a $160.00 price target on shares of PVH and gave the company a “buy” rating in a report on Thursday, November 30th. Finally, Wells Fargo & Co set a $158.00 price target on shares of PVH and gave the company an “outperform” rating in a report on Thursday, November 30th. Five investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $150.58.
PVH Company Profile
PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.
Want to see what other hedge funds are holding PVH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PVH Corp (NYSE:PVH).
Receive News & Ratings for PVH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PVH and related companies with MarketBeat.com's FREE daily email newsletter.