CKW Financial Group Has $47,000 Stock Holdings in VF Corporation (NYSE:VFC)

CKW Financial Group grew its position in shares of VF Corporation (NYSE:VFC) by 29.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,200 shares of the textile maker’s stock after acquiring an additional 500 shares during the quarter. CKW Financial Group’s holdings in VF were worth $47,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in VFC. Dimensional Fund Advisors LP boosted its holdings in VF by 2.8% during the second quarter. Dimensional Fund Advisors LP now owns 4,125,417 shares of the textile maker’s stock worth $55,694,000 after purchasing an additional 113,128 shares during the last quarter. Segall Bryant & Hamill LLC boosted its stake in shares of VF by 1.8% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 3,663,341 shares of the textile maker’s stock worth $73,084,000 after buying an additional 65,919 shares during the last quarter. Susquehanna Fundamental Investments LLC grew its holdings in shares of VF by 39.3% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 572,762 shares of the textile maker’s stock valued at $7,732,000 after acquiring an additional 161,502 shares in the last quarter. Fiduciary Alliance LLC increased its position in shares of VF by 6.8% in the fourth quarter. Fiduciary Alliance LLC now owns 256,531 shares of the textile maker’s stock valued at $5,505,000 after acquiring an additional 16,431 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in VF by 26.7% during the second quarter. Sei Investments Co. now owns 207,120 shares of the textile maker’s stock worth $2,796,000 after acquiring an additional 43,697 shares in the last quarter. 86.84% of the stock is owned by institutional investors.

VF Stock Up 2.4 %

VFC opened at $26.25 on Monday. The stock has a fifty day moving average of $21.71 and a 200-day moving average of $19.43. The company has a market capitalization of $10.22 billion, a P/E ratio of -15.17, a P/E/G ratio of 9.74 and a beta of 1.45. VF Corporation has a fifty-two week low of $11.00 and a fifty-two week high of $26.48. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.88 and a current ratio of 1.30.

VF (NYSE:VFC) last issued its quarterly earnings data on Monday, October 28th. The textile maker reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.19. VF had a negative net margin of 6.68% and a positive return on equity of 12.53%. The business had revenue of $2.76 billion during the quarter, compared to analysts’ expectations of $2.72 billion. During the same quarter in the previous year, the company earned $0.63 EPS. The business’s revenue was down 5.6% on a year-over-year basis. On average, equities analysts expect that VF Corporation will post 0.48 EPS for the current year.

Wall Street Analyst Weigh In

VFC has been the subject of a number of analyst reports. StockNews.com upgraded VF from a “sell” rating to a “hold” rating in a research note on Saturday, October 26th. Truist Financial initiated coverage on shares of VF in a research note on Thursday, December 5th. They issued a “hold” rating and a $20.00 target price for the company. Citigroup upped their price target on shares of VF from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, October 29th. Guggenheim lifted their price objective on shares of VF from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $21.00 target price on shares of VF in a report on Wednesday, January 22nd. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $19.63.

VF Profile

VF Corp. engages in the business of producing and marketing apparel, footwear, and accessories. It operates through the following segments: Outdoor, Active, Work, and Other. The Outdoor segment includes authentic outdoor-based lifestyle brands such as performance-based and outdoor apparel, footwear, and equipment.