Stratos Wealth Partners LTD. Has $307,000 Stock Holdings in V.F. Co. (NYSE:VFC)

Stratos Wealth Partners LTD. decreased its holdings in V.F. Co. (NYSE:VFCGet Rating) by 15.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,274 shares of the textile maker’s stock after selling 1,823 shares during the period. Stratos Wealth Partners LTD.’s holdings in V.F. were worth $307,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Ieq Capital LLC boosted its stake in V.F. by 4.1% during the 2nd quarter. Ieq Capital LLC now owns 5,929 shares of the textile maker’s stock valued at $262,000 after purchasing an additional 235 shares during the last quarter. Lumature Wealth Partners LLC boosted its stake in V.F. by 6.0% during the 1st quarter. Lumature Wealth Partners LLC now owns 4,153 shares of the textile maker’s stock valued at $236,000 after purchasing an additional 236 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in V.F. by 1.8% during the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 14,280 shares of the textile maker’s stock valued at $631,000 after purchasing an additional 258 shares during the last quarter. Hartford Investment Management Co. boosted its stake in V.F. by 0.9% during the 2nd quarter. Hartford Investment Management Co. now owns 30,802 shares of the textile maker’s stock valued at $1,361,000 after purchasing an additional 267 shares during the last quarter. Finally, Mycio Wealth Partners LLC boosted its stake in V.F. by 1.1% during the 2nd quarter. Mycio Wealth Partners LLC now owns 25,810 shares of the textile maker’s stock valued at $1,140,000 after purchasing an additional 277 shares during the last quarter. Institutional investors own 96.89% of the company’s stock.

Insider Transactions at V.F.

In other news, CEO Benno O. Dorer purchased 10,000 shares of the firm’s stock in a transaction dated Tuesday, December 13th. The shares were purchased at an average price of $28.50 per share, with a total value of $285,000.00. Following the completion of the acquisition, the chief executive officer now owns 10,000 shares in the company, valued at approximately $285,000. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. In related news, CEO Benno O. Dorer bought 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 13th. The stock was bought at an average cost of $28.50 per share, for a total transaction of $285,000.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $285,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Mark Samuel Hoplamazian bought 17,500 shares of the business’s stock in a transaction that occurred on Friday, December 9th. The stock was bought at an average price of $28.04 per share, with a total value of $490,700.00. Following the completion of the transaction, the director now directly owns 28,655 shares of the company’s stock, valued at approximately $803,486.20. The disclosure for this purchase can be found here. Insiders own 0.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. UBS Group cut their price target on V.F. from $30.00 to $29.00 and set a “neutral” rating for the company in a research note on Tuesday, December 6th. Robert W. Baird boosted their target price on V.F. from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Thursday, December 1st. BMO Capital Markets cut their target price on V.F. from $33.00 to $29.00 and set a “market perform” rating on the stock in a research note on Thursday, October 27th. Barclays cut their target price on V.F. from $35.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 27th. Finally, Stifel Nicolaus cut their target price on V.F. from $43.00 to $35.00 in a research note on Thursday, September 29th. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $41.05.

V.F. Trading Up 0.3 %

Shares of VFC stock opened at $29.54 on Friday. The company’s fifty day simple moving average is $29.47 and its two-hundred day simple moving average is $36.54. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.06 and a quick ratio of 0.55. V.F. Co. has a 1 year low of $25.05 and a 1 year high of $73.00. The stock has a market capitalization of $11.48 billion, a price-to-earnings ratio of 27.35, a PEG ratio of 4.43 and a beta of 1.40.

V.F. (NYSE:VFCGet Rating) last released its quarterly earnings results on Wednesday, October 26th. The textile maker reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.01). The firm had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $3.10 billion. V.F. had a return on equity of 29.99% and a net margin of 3.60%. As a group, analysts anticipate that V.F. Co. will post 2.1 earnings per share for the current year.

V.F. Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 20th. Stockholders of record on Monday, December 12th were issued a $0.51 dividend. The ex-dividend date was Friday, December 9th. This represents a $2.04 annualized dividend and a dividend yield of 6.91%. This is a boost from V.F.’s previous quarterly dividend of $0.50. V.F.’s dividend payout ratio is presently 188.89%.

About V.F.

(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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