Insider Selling: PVH Corp (PVH) EVP Sells 2,300 Shares of Stock

PVH Corp (NYSE:PVH) EVP Mark D. Fischer sold 2,300 shares of the business’s stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $140.50, for a total value of $323,150.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

  • On Saturday, December 29th, Mark D. Fischer sold 2,300 shares of PVH stock. The stock was sold at an average price of $138.50, for a total value of $318,550.00.
  • On Friday, December 29th, Mark D. Fischer sold 2,300 shares of PVH stock. The stock was sold at an average price of $138.50, for a total value of $318,550.00.

PVH Corp (PVH) opened at $141.16 on Wednesday. PVH Corp has a 1-year low of $84.53 and a 1-year high of $143.70. The firm has a market capitalization of $10,860.00, a price-to-earnings ratio of 21.01, a PEG ratio of 1.41 and a beta of 0.61. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.82 and a quick ratio of 0.97.

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

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 20th. Stockholders of record on Wednesday, November 22nd were issued a $0.038 dividend. The ex-dividend date of this dividend was Tuesday, November 21st. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.11%. PVH’s dividend payout ratio (DPR) is 2.23%.

A number of research firms have commented on PVH. Cowen set a $145.00 target price on PVH and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Zacks Investment Research downgraded PVH from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. Wells Fargo & Co set a $158.00 target price on PVH and gave the stock an “outperform” rating in a research report on Thursday, November 30th. Barclays began coverage on PVH in a research report on Tuesday, September 19th. They set an “overweight” rating and a $147.00 target price on the stock. Finally, JPMorgan Chase & Co. set a $160.00 target price on PVH and gave the stock a “buy” rating in a research report on Thursday, November 30th. Five analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $147.35.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Janus Henderson Group PLC raised its holdings in shares of PVH by 75.1% in the second quarter. Janus Henderson Group PLC now owns 22,416 shares of the textile maker’s stock worth $2,567,000 after acquiring an additional 9,611 shares during the last quarter. Caxton Associates LP acquired a new position in PVH in the second quarter valued at $7,443,000. Columbus Circle Investors acquired a new position in PVH in the third quarter valued at $30,247,000. TIAA CREF Investment Management LLC increased its stake in PVH by 8.7% in the second quarter. TIAA CREF Investment Management LLC now owns 491,022 shares of the textile maker’s stock valued at $56,222,000 after purchasing an additional 39,164 shares during the last quarter. Finally, Intrust Bank NA acquired a new position in PVH in the third quarter valued at $490,000. 93.79% of the stock is owned by institutional investors.

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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.

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

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