PVH Corp. (PVH) EVP Mark D. Fischer Sells 5,589 Shares
PVH Corp. (NYSE:PVH) EVP Mark D. Fischer sold 5,589 shares of the company’s stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $128.47, for a total value of $718,018.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Mark D. Fischer also recently made the following trade(s):
- On Wednesday, June 28th, Mark D. Fischer sold 1,500 shares of PVH Corp. stock. The shares were sold at an average price of $115.00, for a total value of $172,500.00.
- On Thursday, June 22nd, Mark D. Fischer sold 1,500 shares of PVH Corp. stock. The shares were sold at an average price of $109.75, for a total value of $164,625.00.
PVH Corp. (NYSE:PVH) traded down 0.33% during mid-day trading on Thursday, hitting $128.69. The stock had a trading volume of 975,368 shares. PVH Corp. has a one year low of $84.53 and a one year high of $130.75. The stock has a market cap of $10.01 billion, a PE ratio of 24.54 and a beta of 0.46. The firm’s 50-day moving average is $122.21 and its 200 day moving average is $107.10.
PVH Corp. (NYSE:PVH) last posted its quarterly earnings data on Wednesday, August 23rd. The textile maker reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.04. PVH Corp. had a net margin of 4.96% and a return on equity of 11.67%. The firm had revenue of $2.07 billion during the quarter, compared to analyst estimates of $2.02 billion. During the same quarter last year, the business posted $1.47 EPS. The company’s revenue was up 7.1% on a year-over-year basis. Equities research analysts expect that PVH Corp. will post $7.71 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Shareholders of record on Thursday, August 24th will be paid a dividend of $0.038 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.12%. The ex-dividend date of this dividend is Tuesday, August 22nd. PVH Corp.’s dividend payout ratio (DPR) is currently 2.87%.
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A number of equities research analysts recently issued reports on PVH shares. Zacks Investment Research raised PVH Corp. from a “hold” rating to a “buy” rating and set a $113.00 target price on the stock in a research note on Tuesday, May 16th. Citigroup Inc. upped their target price on PVH Corp. from $115.00 to $125.00 and gave the company a “buy” rating in a research note on Tuesday, May 30th. B. Riley reaffirmed a “buy” rating and issued a $128.00 target price on shares of PVH Corp. in a research note on Sunday, June 4th. UBS AG reaffirmed a “buy” rating and issued a $120.00 target price (up previously from $116.00) on shares of PVH Corp. in a research note on Thursday, May 25th. Finally, Piper Jaffray Companies set a $120.00 target price on PVH Corp. and gave the company a “buy” rating in a research note on Thursday, May 25th. Four equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $137.00.
Several large investors have recently modified their holdings of PVH. Advisors Asset Management Inc. boosted its stake in shares of PVH Corp. by 28.2% during the 2nd quarter. Advisors Asset Management Inc. now owns 927 shares of the textile maker’s stock valued at $106,000 after buying an additional 204 shares during the period. FNY Partners Fund LP boosted its stake in shares of PVH Corp. by 53.3% during the 1st quarter. FNY Partners Fund LP now owns 1,150 shares of the textile maker’s stock valued at $118,000 after buying an additional 400 shares during the period. Penserra Capital Management LLC boosted its stake in shares of PVH Corp. by 9.5% during the 1st quarter. Penserra Capital Management LLC now owns 1,334 shares of the textile maker’s stock valued at $138,000 after buying an additional 116 shares during the period. Fiduciary Trust Co. acquired a new stake in shares of PVH Corp. during the 2nd quarter valued at $138,000. Finally, NINE MASTS CAPITAL Ltd acquired a new stake in shares of PVH Corp. during the 1st quarter valued at $155,000. 94.73% of the stock is owned by institutional investors.
PVH Corp. 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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