PVH Corp. (NYSE:PVH) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lowered its position in PVH Corp. (NYSE:PVH) by 3.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 187,601 shares of the textile maker’s stock after selling 7,094 shares during the period. Segall Bryant & Hamill LLC’s holdings in PVH were worth $19,839,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. UMB Bank n.a. raised its holdings in PVH by 78.5% in the 4th quarter. UMB Bank n.a. now owns 282 shares of the textile maker’s stock worth $30,000 after purchasing an additional 124 shares during the period. Proficio Capital Partners LLC acquired a new position in shares of PVH during the 4th quarter worth approximately $41,000. Allworth Financial LP purchased a new position in shares of PVH during the 4th quarter valued at approximately $50,000. GAMMA Investing LLC grew its stake in PVH by 36.0% in the 4th quarter. GAMMA Investing LLC now owns 487 shares of the textile maker’s stock valued at $52,000 after acquiring an additional 129 shares during the period. Finally, Smartleaf Asset Management LLC increased its holdings in PVH by 96.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 617 shares of the textile maker’s stock worth $65,000 after acquiring an additional 303 shares in the last quarter. 97.25% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on PVH. The Goldman Sachs Group decreased their price objective on shares of PVH from $128.00 to $109.00 and set a “buy” rating on the stock in a report on Tuesday, March 4th. Guggenheim raised their price target on shares of PVH from $105.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, December 6th. UBS Group cut their price objective on PVH from $172.00 to $160.00 and set a “buy” rating for the company in a research note on Wednesday, March 19th. Telsey Advisory Group decreased their target price on PVH from $130.00 to $90.00 and set an “outperform” rating on the stock in a research report on Tuesday. Finally, Citigroup dropped their price target on PVH from $123.00 to $72.00 and set a “neutral” rating for the company in a research report on Tuesday. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $112.27.

PVH Trading Down 3.7 %

Shares of PVH opened at $66.72 on Wednesday. PVH Corp. has a 12-month low of $62.94 and a 12-month high of $141.15. The firm has a market capitalization of $3.71 billion, a P/E ratio of 5.43, a P/E/G ratio of 0.77 and a beta of 2.10. The firm has a 50-day moving average price of $78.64 and a 200 day moving average price of $93.51. The company has a current ratio of 1.29, a quick ratio of 0.69 and a debt-to-equity ratio of 0.31.

PVH Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 5th will be issued a dividend of $0.0375 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.22%. PVH’s dividend payout ratio is currently 1.22%.

Insider Transactions at PVH

In other PVH news, EVP Mark D. Fischer sold 3,186 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $105.50, for a total transaction of $336,123.00. Following the completion of the sale, the executive vice president now owns 23,103 shares of the company’s stock, valued at $2,437,366.50. This trade represents a 12.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.00% of the company’s stock.

PVH Profile

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.