45,148 Shares in V.F. Co. (NYSE:VFC) Acquired by Quadrature Capital Ltd

Quadrature Capital Ltd acquired a new position in shares of V.F. Co. (NYSE:VFC) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 45,148 shares of the textile maker’s stock, valued at approximately $849,000.

Other large investors have also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC increased its holdings in shares of V.F. by 2,835.6% in the 4th quarter. Wolff Wiese Magana LLC now owns 1,321 shares of the textile maker’s stock worth $25,000 after acquiring an additional 1,276 shares during the period. Eagle Bay Advisors LLC acquired a new stake in shares of V.F. in the fourth quarter valued at approximately $25,000. Allworth Financial LP raised its holdings in shares of V.F. by 111.5% during the fourth quarter. Allworth Financial LP now owns 1,817 shares of the textile maker’s stock valued at $34,000 after buying an additional 958 shares during the last quarter. CVA Family Office LLC acquired a new position in shares of V.F. during the fourth quarter worth approximately $39,000. Finally, ORG Partners LLC bought a new position in V.F. in the 4th quarter worth approximately $40,000. 86.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

VFC has been the subject of a number of analyst reports. StockNews.com lowered V.F. from a “hold” rating to a “sell” rating in a research report on Monday, May 27th. Telsey Advisory Group restated a “market perform” rating and set a $13.00 price target (down from $18.00) on shares of V.F. in a research report on Thursday, May 23rd. BMO Capital Markets dropped their target price on V.F. from $18.00 to $13.00 and set a “market perform” rating on the stock in a report on Thursday, May 23rd. Citigroup dropped their price objective on V.F. from $13.00 to $11.00 and set a “neutral” rating on the stock in a research note on Thursday, May 23rd. Finally, UBS Group lowered their target price on V.F. from $14.00 to $12.00 and set a “neutral” rating on the stock in a report on Tuesday, May 28th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $13.06.

Insider Transactions at V.F.

In related news, Director Richard Carucci acquired 25,000 shares of the stock in a transaction that occurred on Thursday, June 13th. The shares were purchased at an average cost of $13.78 per share, with a total value of $344,500.00. Following the completion of the transaction, the director now owns 215,130 shares of the company’s stock, valued at approximately $2,964,491.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, Director Richard Carucci bought 25,000 shares of the firm’s stock in a transaction on Thursday, June 13th. The stock was bought at an average price of $13.78 per share, with a total value of $344,500.00. Following the purchase, the director now directly owns 215,130 shares of the company’s stock, valued at approximately $2,964,491.40. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Bracken Darrell acquired 75,200 shares of the business’s stock in a transaction that occurred on Monday, June 10th. The shares were purchased at an average price of $13.26 per share, with a total value of $997,152.00. Following the completion of the acquisition, the insider now owns 219,972 shares of the company’s stock, valued at approximately $2,916,828.72. The disclosure for this purchase can be found here. 0.70% of the stock is owned by insiders.

V.F. Stock Up 1.8 %

Shares of NYSE:VFC opened at $13.91 on Friday. V.F. Co. has a 52 week low of $11.00 and a 52 week high of $21.17. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.71 and a current ratio of 1.22. The company has a market cap of $5.41 billion, a PE ratio of -5.56, a price-to-earnings-growth ratio of 1.05 and a beta of 1.53. The firm has a 50 day simple moving average of $12.86 and a 200 day simple moving average of $15.21.

V.F. (NYSE:VFC) last issued its earnings results on Wednesday, May 22nd. The textile maker reported ($0.32) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.34). The business had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.42 billion. V.F. had a positive return on equity of 13.14% and a negative net margin of 9.27%. The business’s quarterly revenue was down 13.4% on a year-over-year basis. During the same period last year, the business earned $0.17 EPS. As a group, research analysts expect that V.F. Co. will post 0.85 earnings per share for the current year.

V.F. Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 20th. Stockholders of record on Monday, June 10th were issued a $0.09 dividend. The ex-dividend date was Monday, June 10th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.59%. V.F.’s dividend payout ratio is -14.40%.

About V.F.

V.F. Corporation, together with its subsidiaries, engages in the design, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and accessories for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Outdoor, Active, and Work.