PVH Corp. (NYSE:PVH) Shares Bought by Toronto Dominion Bank

Toronto Dominion Bank grew its holdings in PVH Corp. (NYSE:PVH) by 11.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,394 shares of the textile maker’s stock after purchasing an additional 2,954 shares during the period. Toronto Dominion Bank’s holdings in PVH were worth $3,704,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in PVH. Bank of Montreal Can grew its position in shares of PVH by 4.8% during the 2nd quarter. Bank of Montreal Can now owns 59,093 shares of the textile maker’s stock worth $6,766,000 after buying an additional 2,708 shares in the last quarter. Mn Services Vermogensbeheer B.V. grew its position in shares of PVH by 492.0% during the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 12,869 shares of the textile maker’s stock worth $1,474,000 after buying an additional 10,695 shares in the last quarter. Oregon Public Employees Retirement Fund grew its position in shares of PVH by 20.1% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 31,702 shares of the textile maker’s stock worth $3,630,000 after buying an additional 5,300 shares in the last quarter. LS Investment Advisors LLC grew its position in shares of PVH by 1.3% during the 2nd quarter. LS Investment Advisors LLC now owns 3,904 shares of the textile maker’s stock worth $447,000 after buying an additional 52 shares in the last quarter. Finally, Aperio Group LLC grew its position in shares of PVH by 7.4% during the 2nd quarter. Aperio Group LLC now owns 37,651 shares of the textile maker’s stock worth $4,311,000 after buying an additional 2,587 shares in the last quarter. Institutional investors and hedge funds own 93.75% of the company’s stock.

Shares of PVH Corp. (NYSE PVH) traded down $0.32 during mid-day trading on Wednesday, reaching $133.28. The company had a trading volume of 814,304 shares, compared to its average volume of 1,018,151. PVH Corp. has a 12 month low of $84.53 and a 12 month high of $139.51. The company has a market capitalization of $10,320.00, a P/E ratio of 17.69, a P/E/G ratio of 1.32 and a beta of 0.61. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.97 and a current ratio of 1.82.

PVH (NYSE:PVH) last issued its quarterly earnings data on Wednesday, November 29th. The textile maker reported $3.02 earnings per share for the quarter, beating analysts’ consensus estimates of $2.91 by $0.11. The company had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.34 billion. PVH had a return on equity of 11.95% and a net margin of 6.22%. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.60 earnings per share. sell-side analysts predict that PVH Corp. will post 7.8 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Wednesday, November 22nd will be issued a $0.038 dividend. This represents a $0.15 annualized dividend and a yield of 0.11%. The ex-dividend date is Tuesday, November 21st. PVH’s dividend payout ratio is presently 2.23%.

A number of equities analysts have recently issued reports on PVH shares. BidaskClub downgraded PVH from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 23rd. FBR & Co set a $135.00 price target on PVH and gave the stock a “buy” rating in a research report on Monday, August 21st. Credit Suisse Group set a $136.00 price target on PVH and gave the stock a “buy” rating in a research report on Friday, August 18th. Cowen set a $140.00 price target on PVH and gave the stock a “buy” rating in a research report on Friday, August 11th. Finally, Zacks Investment Research raised PVH from a “hold” rating to a “buy” rating and set a $135.00 price target on the stock in a research report on Thursday, August 24th. Five investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. PVH currently has a consensus rating of “Buy” and an average target price of $143.94.

In other PVH news, SVP James Holmes sold 851 shares of the firm’s stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $126.99, for a total value of $108,068.49. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.50% of the stock is currently owned by company insiders.

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About PVH

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.

Institutional Ownership by Quarter for PVH (NYSE:PVH)

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