DekaBank Deutsche Girozentrale Has $190,000 Stock Holdings in PVH Corp. (NYSE:PVH)

DekaBank Deutsche Girozentrale boosted its position in PVH Corp. (NYSE:PVHGet Rating) by 880.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 2,314 shares of the textile maker’s stock after purchasing an additional 2,078 shares during the period. DekaBank Deutsche Girozentrale’s holdings in PVH were worth $190,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of PVH. CWM LLC acquired a new stake in shares of PVH in the fourth quarter valued at approximately $33,000. Covestor Ltd acquired a new stake in PVH during the 4th quarter valued at $38,000. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. bought a new position in PVH during the fourth quarter worth $76,000. Solstein Capital LLC acquired a new position in shares of PVH in the fourth quarter valued at $87,000. Finally, IndexIQ Advisors LLC bought a new position in shares of PVH in the fourth quarter valued at about $89,000. Institutional investors and hedge funds own 98.34% of the company’s stock.

Analysts Set New Price Targets

PVH has been the topic of a number of research reports. Credit Suisse Group decreased their price target on shares of PVH from $120.00 to $110.00 and set an “outperform” rating on the stock in a research note on Thursday, June 2nd. Wells Fargo & Company dropped their price target on PVH from $80.00 to $70.00 and set an “equal weight” rating for the company in a report on Thursday, July 7th. Deutsche Bank Aktiengesellschaft decreased their price objective on PVH from $125.00 to $99.00 and set a “hold” rating on the stock in a report on Friday, April 1st. Barclays decreased their price target on shares of PVH from $90.00 to $87.00 and set an “equal weight” rating on the stock in a research note on Friday, June 3rd. Finally, Truist Financial cut their price objective on shares of PVH from $100.00 to $81.00 and set a “hold” rating for the company in a report on Tuesday, April 5th. Eleven analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $90.64.

PVH Trading Down 1.0 %

Shares of PVH stock opened at $61.93 on Monday. PVH Corp. has a fifty-two week low of $54.57 and a fifty-two week high of $125.42. The stock’s fifty day moving average price is $63.04 and its two-hundred day moving average price is $77.60. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.81 and a current ratio of 1.39. The company has a market cap of $4.15 billion, a PE ratio of 4.47, a P/E/G ratio of 0.77 and a beta of 2.08.

PVH (NYSE:PVHGet Rating) last released its earnings results on Wednesday, June 1st. The textile maker reported $1.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.36. The firm had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.09 billion. PVH had a return on equity of 13.94% and a net margin of 10.71%. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.92 earnings per share. Equities analysts predict that PVH Corp. will post 9 EPS for the current fiscal year.

PVH Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 29th. Shareholders of record on Wednesday, June 8th were given a $0.038 dividend. The ex-dividend date of this dividend was Tuesday, June 7th. This represents a $0.15 dividend on an annualized basis and a yield of 0.25%. PVH’s dividend payout ratio is currently 1.08%.

PVH Company Profile

(Get Rating)

PVH Corp. operates as an apparel company worldwide. The company operates through six segments: Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, Heritage Brands Wholesale, and Heritage Brands Retail. It designs, markets, and retails men's, women's, and children's apparel and accessories, including branded dress shirts, neckwear, sportswear, jeans wear, performance apparel, intimate apparel, underwear, swimwear, swim-related products, handbags, accessories, footwear, outerwear, home furnishings, luggage products, sleepwear, loungewear, hats, scarves, gloves, socks, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, fragrance, home bed and bath furnishings, small leather goods, and other products.

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Institutional Ownership by Quarter for PVH (NYSE:PVH)

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