Traders sold shares of PVH Corp (NYSE:PVH) on strength during trading hours on Wednesday. $21.86 million flowed into the stock on the tick-up and $78.61 million flowed out of the stock on the tick-down, for a money net flow of $56.75 million out of the stock. Of all stocks tracked, PVH had the 0th highest net out-flow for the day. PVH traded up $0.33 for the day and closed at $143.67
Several research analysts have issued reports on PVH shares. Wells Fargo & Co upped their price target on PVH from $158.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, January 3rd. Zacks Investment Research cut PVH from a “buy” rating to a “hold” rating in a report on Wednesday, January 17th. Barclays set a $156.00 price target on PVH and gave the company a “buy” rating in a report on Saturday, December 2nd. Piper Jaffray Companies set a $148.00 target price on shares of PVH and gave the company a “buy” rating in a research note on Monday, November 27th. Finally, Instinet started coverage on shares of PVH in a research note on Thursday, February 15th. They set a “neutral” rating and a $150.00 target price on the stock. Five analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $151.95.
The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.97 and a current ratio of 1.82. The stock has a market cap of $10,950.00, a price-to-earnings ratio of 21.19, a P/E/G ratio of 1.23 and a beta of 0.71.
In other news, SVP James Holmes sold 2,552 shares of the business’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $135.85, for a total transaction of $346,689.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Mark D. Fischer sold 891 shares of the business’s stock in a transaction on Thursday, January 18th. The shares were sold at an average price of $147.34, for a total transaction of $131,279.94. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 19,963 shares of company stock worth $2,773,268. 1.30% of the stock is currently owned by corporate insiders.
Institutional investors have recently bought and sold shares of the company. Cerebellum GP LLC purchased a new position in shares of PVH during the 4th quarter valued at $131,000. Squar Milner Financial Services LLC purchased a new position in shares of PVH during the 4th quarter valued at $212,000. Conning Inc. purchased a new position in shares of PVH during the 4th quarter valued at $220,000. Everence Capital Management Inc. purchased a new position in shares of PVH during the 4th quarter valued at $248,000. Finally, Visionary Asset Management Inc. purchased a new position in shares of PVH during the 3rd quarter valued at $266,000. Institutional investors and hedge funds own 96.12% of the company’s stock.
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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.
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