Mark D. Fischer Sells 891 Shares of PVH Corp (PVH) Stock

PVH Corp (NYSE:PVH) EVP Mark D. Fischer sold 891 shares of the business’s stock in a transaction that occurred on Thursday, January 18th. The shares were sold at an average price of $147.34, for a total transaction of $131,279.94. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Mark D. Fischer also recently made the following trade(s):

  • On Thursday, January 4th, Mark D. Fischer sold 2,300 shares of PVH stock. The shares were sold at an average price of $140.50, for a total transaction of $323,150.00.
  • On Saturday, December 29th, Mark D. Fischer sold 2,300 shares of PVH stock. The shares were sold at an average price of $138.50, for a total transaction of $318,550.00.
  • On Friday, December 29th, Mark D. Fischer sold 2,300 shares of PVH stock. The shares were sold at an average price of $138.50, for a total transaction of $318,550.00.

PVH Corp (NYSE:PVH) traded up $2.37 during mid-day trading on Friday, reaching $147.07. 568,779 shares of the company’s stock traded hands, compared to its average volume of 717,557. 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 company has a market capitalization of $11,310.00, a P/E ratio of 21.89, a price-to-earnings-growth ratio of 1.40 and a beta of 0.61. PVH Corp has a 12 month low of $84.53 and a 12 month high of $148.29.

PVH (NYSE:PVH) last posted its earnings results on Wednesday, November 29th. The textile maker reported $3.02 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.91 by $0.11. The company had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.34 billion. PVH had a net margin of 6.22% and a return on equity of 11.95%. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.60 earnings per share. sell-side analysts expect that PVH Corp will post 7.81 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 20th. Shareholders of record on Wednesday, November 22nd were given a $0.038 dividend. This represents a $0.15 annualized dividend and a yield of 0.10%. The ex-dividend date was Tuesday, November 21st. PVH’s dividend payout ratio is 2.23%.

PVH has been the topic of a number of research analyst reports. Deutsche Bank initiated coverage on shares of PVH in a research report on Monday, October 23rd. They set a “hold” rating and a $131.00 price objective on the stock. Cowen set a $145.00 price objective on shares of PVH and gave the company a “buy” rating in a research report on Wednesday, November 1st. Piper Jaffray Companies set a $148.00 price objective on shares of PVH and gave the company a “buy” rating in a research report on Monday, November 27th. Zacks Investment Research downgraded shares of PVH from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. Finally, Barclays set a $156.00 price objective on shares of PVH and gave the company a “buy” rating in a research report on Saturday, December 2nd. Five analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $147.71.

A number of hedge funds have recently bought and sold shares of PVH. Ameriprise Financial Inc. grew its position in PVH by 31.0% in the third quarter. Ameriprise Financial Inc. now owns 4,026,587 shares of the textile maker’s stock worth $507,666,000 after acquiring an additional 952,394 shares in the last quarter. Balyasny Asset Management LLC grew its position in PVH by 136.3% in the second quarter. Balyasny Asset Management LLC now owns 1,173,862 shares of the textile maker’s stock worth $134,407,000 after acquiring an additional 677,096 shares in the last quarter. Renaissance Technologies LLC grew its position in PVH by 153.8% in the second quarter. Renaissance Technologies LLC now owns 761,670 shares of the textile maker’s stock worth $87,211,000 after acquiring an additional 461,600 shares in the last quarter. Royal Bank of Canada grew its position in PVH by 548.0% in the second quarter. Royal Bank of Canada now owns 297,303 shares of the textile maker’s stock worth $34,043,000 after acquiring an additional 251,424 shares in the last quarter. Finally, Wedge Capital Management L L P NC grew its position in PVH by 3,135.9% in the third quarter. Wedge Capital Management L L P NC now owns 251,754 shares of the textile maker’s stock worth $31,736,000 after acquiring an additional 243,974 shares in the last quarter. 93.82% of the stock is owned by institutional investors.

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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.

Insider Buying and Selling by Quarter for PVH (NYSE:PVH)

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