Samalin Investment Counsel LLC Has $188,000 Stock Holdings in V.F. Co. (NYSE:VFC)

Samalin Investment Counsel LLC raised its holdings in V.F. Co. (NYSE:VFCGet Rating) by 63.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,314 shares of the textile maker’s stock after purchasing an additional 1,291 shares during the quarter. Samalin Investment Counsel LLC’s holdings in V.F. were worth $188,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Capital International Investors boosted its holdings in shares of V.F. by 81.8% during the 4th quarter. Capital International Investors now owns 21,740,758 shares of the textile maker’s stock valued at $1,591,858,000 after acquiring an additional 9,782,346 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of V.F. by 16.3% during the 1st quarter. Vanguard Group Inc. now owns 40,200,890 shares of the textile maker’s stock valued at $2,285,822,000 after acquiring an additional 5,626,337 shares in the last quarter. Norges Bank acquired a new stake in shares of V.F. during the 4th quarter valued at $213,383,000. Diamond Hill Capital Management Inc. boosted its holdings in shares of V.F. by 29.2% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 7,628,798 shares of the textile maker’s stock valued at $433,773,000 after acquiring an additional 1,723,365 shares in the last quarter. Finally, State Street Corp boosted its holdings in shares of V.F. by 9.8% during the 4th quarter. State Street Corp now owns 17,918,285 shares of the textile maker’s stock valued at $1,311,977,000 after acquiring an additional 1,596,886 shares in the last quarter. Institutional investors and hedge funds own 87.01% of the company’s stock.

Insider Buying and Selling at V.F.

In other V.F. news, Director Richard Carucci bought 10,000 shares of the stock in a transaction on Tuesday, June 14th. The shares were acquired at an average price of $45.39 per share, with a total value of $453,900.00. Following the acquisition, the director now directly owns 107,493 shares of the company’s stock, valued at approximately $4,879,107.27. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, Director Richard Carucci purchased 10,000 shares of the firm’s stock in a transaction dated Tuesday, June 14th. The shares were purchased at an average price of $45.39 per share, with a total value of $453,900.00. Following the completion of the acquisition, the director now owns 107,493 shares in the company, valued at approximately $4,879,107.27. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director W Rodney Mcmullen purchased 6,000 shares of the firm’s stock in a transaction dated Wednesday, August 3rd. The stock was purchased at an average cost of $44.76 per share, for a total transaction of $268,560.00. Following the acquisition, the director now owns 34,146 shares of the company’s stock, valued at approximately $1,528,374.96. The disclosure for this purchase can be found here. Insiders have acquired 26,000 shares of company stock valued at $1,136,860 in the last 90 days. 0.90% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on VFC shares. The Goldman Sachs Group cut their price objective on V.F. from $40.00 to $35.00 and set a “sell” rating on the stock in a report on Thursday, July 21st. StockNews.com lowered V.F. from a “hold” rating to a “sell” rating in a research report on Monday, August 1st. Barclays lowered their target price on V.F. to $46.00 in a research report on Tuesday, August 9th. Telsey Advisory Group lowered their target price on V.F. from $70.00 to $65.00 and set an “outperform” rating for the company in a research report on Friday, July 29th. Finally, Robert W. Baird lowered their price objective on V.F. from $80.00 to $60.00 and set an “outperform” rating for the company in a research report on Friday, May 20th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $58.56.

V.F. Trading Up 1.5 %

Shares of VFC stock opened at $43.36 on Monday. The company’s fifty day simple moving average is $44.85 and its two-hundred day simple moving average is $49.34. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.33 and a quick ratio of 0.66. V.F. Co. has a 1 year low of $40.06 and a 1 year high of $78.91. The stock has a market capitalization of $16.85 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 1.95 and a beta of 1.35.

V.F. Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 20th. Shareholders of record on Monday, September 12th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, September 9th. This represents a $2.00 dividend on an annualized basis and a yield of 4.61%. V.F.’s payout ratio is 77.82%.

V.F. Company Profile

(Get Rating)

V.F. Corporation, together with its subsidiaries, engages in the design, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Outdoor, Active, and Work.

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Institutional Ownership by Quarter for V.F. (NYSE:VFC)

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