PVH Corp (PVH) CEO Sells $445,656.00 in Stock
PVH Corp (NYSE:PVH) CEO Steven B. Shiffman sold 3,100 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $143.76, for a total value of $445,656.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Steven B. Shiffman also recently made the following trade(s):
- On Friday, December 28th, Steven B. Shiffman sold 3,100 shares of PVH stock. The shares were sold at an average price of $136.38, for a total value of $422,778.00.
- On Thursday, December 28th, Steven B. Shiffman sold 3,100 shares of PVH stock. The shares were sold at an average price of $136.38, for a total value of $422,778.00.
Shares of PVH Corp (PVH) traded up $2.21 during trading hours on Thursday, hitting $144.70. The stock had a trading volume of 640,854 shares, compared to its average volume of 674,475. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.82 and a quick ratio of 0.97. The firm has a market cap of $11,130.00, a price-to-earnings ratio of 21.53, a PEG ratio of 1.39 and a beta of 0.61. PVH Corp has a one year low of $84.53 and a one year high of $148.29.
The business also recently declared a quarterly dividend, which was paid on Wednesday, December 20th. Investors of record on Wednesday, November 22nd were paid a $0.038 dividend. This represents a $0.15 annualized dividend and a yield of 0.11%. The ex-dividend date of this dividend was Tuesday, November 21st. PVH’s dividend payout ratio is 2.23%.
A number of analysts have issued reports on the company. Zacks Investment Research raised PVH from a “hold” rating to a “buy” rating and set a $160.00 target price on the stock in a report on Thursday. Wells Fargo & Co raised their target price on PVH from $158.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, January 3rd. B. Riley assumed coverage on PVH in a report on Friday, December 22nd. They issued a “buy” rating and a $155.00 target price on the stock. Barclays set a $156.00 target price on PVH and gave the company a “buy” rating in a report on Saturday, December 2nd. Finally, JPMorgan Chase & Co. set a $160.00 target price on PVH and gave the company a “buy” rating in a report on Thursday, November 30th. Five research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $147.71.
Hedge funds have recently made changes to their positions in the stock. YorkBridge Wealth Partners LLC acquired a new stake in PVH in the 3rd quarter valued at $108,000. Advisor Partners LLC acquired a new stake in PVH in the 3rd quarter valued at $206,000. Raymond James Trust N.A. acquired a new stake in PVH in the 3rd quarter valued at $224,000. Smithfield Trust Co. boosted its stake in PVH by 576.8% in the 3rd quarter. Smithfield Trust Co. now owns 1,841 shares of the textile maker’s stock valued at $232,000 after buying an additional 1,569 shares in the last quarter. Finally, Courier Capital LLC acquired a new stake in PVH in the 3rd quarter valued at $235,000. 93.82% of the stock is currently owned by institutional investors and hedge funds.
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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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