Fort Washington Investment Advisors Inc. OH Has $11.38 Million Stake in V.F. Co. (NYSE:VFC)

Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of V.F. Co. (NYSE:VFC) by 3.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 842,966 shares of the textile maker’s stock after buying an additional 30,329 shares during the period. Fort Washington Investment Advisors Inc. OH owned approximately 0.22% of V.F. worth $11,380,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Eagle Bay Advisors LLC bought a new position in shares of V.F. during the fourth quarter valued at about $25,000. Mather Group LLC. bought a new position in shares of V.F. in the first quarter valued at approximately $27,000. Future Financial Wealth Managment LLC purchased a new stake in shares of V.F. during the first quarter valued at approximately $31,000. Bank & Trust Co bought a new stake in V.F. during the second quarter worth $35,000. Finally, Versant Capital Management Inc boosted its position in V.F. by 6,981.1% in the second quarter. Versant Capital Management Inc now owns 2,620 shares of the textile maker’s stock worth $35,000 after purchasing an additional 2,583 shares during the last quarter. 86.84% of the stock is owned by institutional investors.

Insider Buying and Selling

In other V.F. news, Director Richard Carucci acquired 15,000 shares of the business’s stock in a transaction on Thursday, August 22nd. The shares were bought at an average price of $16.70 per share, with a total value of $250,500.00. Following the transaction, the director now directly owns 230,178 shares of the company’s stock, valued at approximately $3,843,972.60. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Richard Carucci bought 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The stock was bought at an average price of $16.70 per share, with a total value of $250,500.00. Following the completion of the transaction, the director now directly owns 230,178 shares of the company’s stock, valued at approximately $3,843,972.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Bracken Darrell purchased 75,200 shares of the business’s stock in a transaction on Monday, June 10th. The shares were bought at an average price of $13.26 per share, for a total transaction of $997,152.00. Following the purchase, the insider now directly owns 219,972 shares in the company, valued at approximately $2,916,828.72. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 115,200 shares of company stock worth $1,592,152. Corporate insiders own 0.70% of the company’s stock.

V.F. Stock Performance

Shares of V.F. stock opened at $18.21 on Friday. V.F. Co. has a 12 month low of $11.00 and a 12 month high of $20.69. The business has a fifty day simple moving average of $15.65 and a two-hundred day simple moving average of $14.58. The firm has a market capitalization of $7.09 billion, a P/E ratio of -7.28, a P/E/G ratio of 1.83 and a beta of 1.52. The company has a current ratio of 0.99, a quick ratio of 0.51 and a debt-to-equity ratio of 2.84.

V.F. (NYSE:VFC) last posted its quarterly earnings results on Tuesday, August 6th. The textile maker reported ($0.33) earnings per share for the quarter, topping the consensus estimate of ($0.37) by $0.04. V.F. had a positive return on equity of 11.75% and a negative net margin of 11.39%. The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.85 billion. During the same quarter in the previous year, the business earned ($0.15) earnings per share. The company’s revenue was down 8.9% on a year-over-year basis. On average, equities analysts forecast that V.F. Co. will post 0.79 earnings per share for the current fiscal year.

V.F. Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 18th. Stockholders of record on Tuesday, September 10th will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.98%. The ex-dividend date of this dividend is Tuesday, September 10th. V.F.’s dividend payout ratio (DPR) is presently -14.40%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Telsey Advisory Group boosted their price target on shares of V.F. from $15.00 to $19.00 and gave the stock a “market perform” rating in a report on Wednesday, August 7th. Wells Fargo & Company increased their target price on shares of V.F. from $14.00 to $15.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 7th. Barclays lifted their price target on shares of V.F. from $12.00 to $16.00 and gave the stock an “equal weight” rating in a report on Thursday, July 18th. Stifel Nicolaus reduced their price objective on V.F. from $22.00 to $19.00 and set a “buy” rating for the company in a report on Thursday, May 23rd. Finally, Wedbush reiterated a “neutral” rating and set a $13.00 price target on shares of V.F. in a research note on Monday, August 5th. Two investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $15.50.

V.F. Company Profile

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