Thrivent Financial for Lutherans cut its holdings in shares of V.F. Co. (NYSE:VFC – Get Rating) by 42.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 97,877 shares of the textile maker’s stock after selling 72,805 shares during the period. Thrivent Financial for Lutherans’ holdings in V.F. were worth $2,688,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. TCI Wealth Advisors Inc. increased its holdings in shares of V.F. by 345.7% in the fourth quarter. TCI Wealth Advisors Inc. now owns 927 shares of the textile maker’s stock valued at $26,000 after buying an additional 719 shares in the last quarter. SJS Investment Consulting Inc. increased its holdings in shares of V.F. by 50.4% in the fourth quarter. SJS Investment Consulting Inc. now owns 1,006 shares of the textile maker’s stock valued at $28,000 after buying an additional 337 shares in the last quarter. General Partner Inc. bought a new position in shares of V.F. in the fourth quarter valued at $30,000. Bogart Wealth LLC grew its position in V.F. by 878.9% during the 4th quarter. Bogart Wealth LLC now owns 1,116 shares of the textile maker’s stock worth $31,000 after purchasing an additional 1,002 shares in the last quarter. Finally, Guardian Wealth Advisors LLC purchased a new position in V.F. during the 3rd quarter worth approximately $33,000. 96.89% of the stock is currently owned by institutional investors and hedge funds.
V.F. Stock Performance
NYSE VFC opened at $20.60 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 0.58 and a debt-to-equity ratio of 1.39. The firm has a market cap of $8.01 billion, a price-to-earnings ratio of 19.25, a PEG ratio of 3.08 and a beta of 1.44. The company has a 50 day moving average of $21.90 and a 200-day moving average of $26.42. V.F. Co. has a 1-year low of $20.03 and a 1-year high of $51.40.
Insiders Place Their Bets
Analyst Ratings Changes
Several equities analysts have weighed in on VFC shares. The Goldman Sachs Group upgraded shares of V.F. from a “sell” rating to a “buy” rating and lifted their price objective for the stock from $26.00 to $27.00 in a research report on Friday, April 14th. JPMorgan Chase & Co. cut their target price on shares of V.F. from $23.00 to $20.00 and set an “underweight” rating for the company in a research report on Wednesday, February 8th. Stifel Nicolaus raised shares of V.F. from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a research report on Friday, February 10th. Deutsche Bank Aktiengesellschaft cut their target price on shares of V.F. from $36.00 to $35.00 and set a “buy” rating for the company in a research report on Monday, February 6th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $36.00 price objective on shares of V.F. in a research report on Wednesday, February 8th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, V.F. presently has a consensus rating of “Hold” and a consensus target price of $31.50.
V.F. Company Profile
VF Corp. designs, produces, procures, markets and distributes lifestyle apparel, footwear and related products. It operates through the following segments: Outdoor, Active, and Work. The Outdoor segment refers to authentic outdoor-based lifestyle brands including performance-based apparel, footwear, equipment, backpacks, luggage and accessories.
- Get a free copy of the StockNews.com research report on V.F. (VFC)
- How to Calculate Stock Growth
- 7 Best Retail Stocks to Invest in
- 3 Home Improvement Stocks to Renovate Your Portfolio
- Beam Global Shines Brightly in the EV Infrastructure Space
- Canoo Bottoms As Production Ramp Gets Closer
Want to see what other hedge funds are holding VFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for V.F. Co. (NYSE:VFC – Get Rating).
Receive News & Ratings for V.F. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for V.F. and related companies with MarketBeat.com's FREE daily email newsletter.