PVH Corp. (PVH) Shares Bought by Calamos Advisors LLC

Calamos Advisors LLC raised its position in shares of PVH Corp. (NYSE:PVH) by 2.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,235 shares of the textile maker’s stock after purchasing an additional 736 shares during the period. Calamos Advisors LLC’s holdings in PVH Corp. were worth $3,347,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of PVH. Retirement Systems of Alabama raised its stake in shares of PVH Corp. by 2.0% during the 1st quarter. Retirement Systems of Alabama now owns 38,315 shares of the textile maker’s stock worth $3,964,000 after purchasing an additional 744 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of PVH Corp. by 27.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 6,406 shares of the textile maker’s stock worth $663,000 after purchasing an additional 1,361 shares in the last quarter. Strs Ohio raised its stake in shares of PVH Corp. by 9.5% during the 1st quarter. Strs Ohio now owns 23,622 shares of the textile maker’s stock worth $2,444,000 after purchasing an additional 2,046 shares in the last quarter. BB&T Corp raised its stake in shares of PVH Corp. by 55.1% during the 1st quarter. BB&T Corp now owns 3,642 shares of the textile maker’s stock worth $376,000 after purchasing an additional 1,294 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of PVH Corp. by 38.3% during the 1st quarter. Wells Fargo & Company MN now owns 428,883 shares of the textile maker’s stock worth $44,376,000 after purchasing an additional 118,762 shares in the last quarter. 95.24% of the stock is owned by institutional investors.

TRADEMARK VIOLATION WARNING: “PVH Corp. (PVH) Shares Bought by Calamos Advisors LLC” was first published by BBNS and is owned by of BBNS. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be accessed at https://baseballnewssource.com/markets/calamos-advisors-llc-has-3-35-million-position-in-pvh-corp-pvh/1603906.html.

PVH has been the subject of a number of recent research reports. Credit Suisse Group set a $149.00 price target on PVH Corp. and gave the stock a “buy” rating in a research note on Thursday, August 24th. Bank of America Corporation started coverage on PVH Corp. in a report on Thursday, August 3rd. They set a “buy” rating and a $146.00 price objective on the stock. Zacks Investment Research lowered PVH Corp. from a “buy” rating to a “hold” rating in a report on Monday, May 29th. Wells Fargo & Company increased their price objective on PVH Corp. from $126.00 to $138.00 and gave the company an “outperform” rating in a report on Thursday, August 24th. Finally, Citigroup Inc. increased their price objective on PVH Corp. from $115.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, May 30th. Four analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $137.81.

In other news, SVP Dana Perlman sold 769 shares of the company’s stock in a transaction that occurred on Friday, June 30th. The stock was sold at an average price of $114.77, for a total value of $88,258.13. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Mark D. Fischer sold 5,589 shares of the company’s stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $128.47, for a total value of $718,018.83. The disclosure for this sale can be found here. Insiders sold 87,750 shares of company stock worth $10,368,221 in the last ninety days. 1.30% of the stock is owned by company insiders.

PVH Corp. (NYSE PVH) traded up 1.60% during mid-day trading on Friday, reaching $128.45. The company’s stock had a trading volume of 331,201 shares. The stock has a market cap of $9.95 billion, a PE ratio of 24.49 and a beta of 0.46. PVH Corp. has a 52-week low of $84.53 and a 52-week high of $130.75. The company has a 50 day moving average of $124.14 and a 200-day moving average of $108.46.

PVH Corp. (NYSE:PVH) last posted its earnings results on Wednesday, August 23rd. The textile maker reported $1.69 EPS for the quarter, beating the consensus estimate of $1.65 by $0.04. PVH Corp. had a return on equity of 11.67% and a net margin of 4.96%. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.02 billion. During the same quarter in the prior year, the business earned $1.47 earnings per share. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. Equities analysts forecast that PVH Corp. will post $7.71 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 24th will be given a $0.038 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.12%. The ex-dividend date of this dividend is Tuesday, August 22nd. PVH Corp.’s payout ratio is 2.87%.

About PVH Corp.

PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.

Institutional Ownership by Quarter for PVH Corp. (NYSE:PVH)

Receive News & Ratings for PVH Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PVH Corp. and related companies with our FREE daily email newsletter.

 


Latest News

Los Angeles Dodgers Waiting But Magic Number Down to One
Los Angeles Dodgers Waiting But Magic Number Down to One
Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game


Leave a Reply

 
© 2006-2017 BBNS.