PVH Corp. (NYSE:PVH - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the fifteen ratings firms that are covering the firm, MarketBeat reports. Seven equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $118.13.
Several research firms have weighed in on PVH. Barclays lowered their price target on PVH from $144.00 to $98.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 5th. Wells Fargo & Company lowered PVH from an "overweight" rating to an "equal weight" rating and lowered their price target for the stock from $130.00 to $105.00 in a research report on Monday, February 3rd. StockNews.com lowered PVH from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. JPMorgan Chase & Co. lowered PVH from an "overweight" rating to a "neutral" rating and dropped their price objective for the company from $149.00 to $113.00 in a research note on Friday, January 24th. Finally, Morgan Stanley dropped their price objective on PVH from $103.00 to $95.00 and set an "equal weight" rating on the stock in a research note on Tuesday, January 21st.
Check Out Our Latest Report on PVH
NYSE:PVH opened at $65.00 on Monday. PVH has a twelve month low of $62.94 and a twelve month high of $141.15. The company has a quick ratio of 0.69, a current ratio of 1.29 and a debt-to-equity ratio of 0.31. The business has a 50 day moving average price of $79.85 and a two-hundred day moving average price of $93.90. The company has a market cap of $3.62 billion, a P/E ratio of 5.29, a price-to-earnings-growth ratio of 0.77 and a beta of 2.10.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 5th will be given a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.23%. The ex-dividend date of this dividend is Wednesday, March 5th. PVH's payout ratio is 1.22%.
In related news, EVP Mark D. Fischer sold 3,186 shares of the stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $105.50, for a total transaction of $336,123.00. Following the sale, the executive vice president now owns 23,103 shares of the company's stock, valued at $2,437,366.50. This represents a 12.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.00% of the stock is owned by company insiders.
A number of large investors have recently added to or reduced their stakes in PVH. UMB Bank n.a. grew its position 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 in the last quarter. Proficio Capital Partners LLC acquired a new stake in PVH during the fourth quarter worth approximately $41,000. Kapitalo Investimentos Ltda acquired a new stake in PVH during the fourth quarter worth approximately $47,000. Allworth Financial LP acquired a new stake in PVH during the fourth quarter worth approximately $50,000. Finally, GAMMA Investing LLC grew its position in PVH by 36.0% during the fourth quarter. GAMMA Investing LLC now owns 487 shares of the textile maker's stock worth $52,000 after buying an additional 129 shares in the last quarter. Institutional investors and hedge funds own 97.25% of the company's stock.
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.
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