V.F. Corporation (NYSE:VFC) VP Aidan O’meara sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $69.97, for a total value of $349,850.00. Following the sale, the vice president now directly owns 96,344 shares of the company’s stock, valued at $6,741,189.68. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Aidan O’meara also recently made the following trade(s):
- On Friday, August 18th, Aidan O’meara sold 29,336 shares of V.F. Corporation stock. The stock was sold at an average price of $62.54, for a total value of $1,834,673.44.
Shares of V.F. Corporation (NYSE:VFC) traded up $0.03 during mid-day trading on Monday, reaching $69.66. The company had a trading volume of 1,142,525 shares, compared to its average volume of 3,121,991. V.F. Corporation has a 1 year low of $48.05 and a 1 year high of $71.95. The company has a current ratio of 1.47, a quick ratio of 0.97 and a debt-to-equity ratio of 0.54. The stock has a market cap of $27,490.00, a P/E ratio of 22.91, a price-to-earnings-growth ratio of 2.36 and a beta of 0.80.
V.F. Corporation (NYSE:VFC) last announced its earnings results on Monday, October 23rd. The textile maker reported $1.23 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.12 by $0.11. V.F. Corporation had a return on equity of 29.22% and a net margin of 8.24%. The firm had revenue of $3.51 billion for the quarter, compared to the consensus estimate of $3.40 billion. During the same period in the previous year, the business earned $1.20 EPS. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. sell-side analysts predict that V.F. Corporation will post 3.03 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 18th. Investors of record on Friday, December 8th will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 2.64%. This is an increase from V.F. Corporation’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Thursday, December 7th. V.F. Corporation’s payout ratio is 69.71%.
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A number of hedge funds have recently made changes to their positions in VFC. Orrstown Financial Services Inc. grew its stake in V.F. Corporation by 9.2% during the 2nd quarter. Orrstown Financial Services Inc. now owns 1,780 shares of the textile maker’s stock worth $103,000 after buying an additional 150 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its stake in V.F. Corporation by 44.2% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 11,000 shares of the textile maker’s stock worth $111,000 after buying an additional 3,372 shares during the last quarter. Ronald Blue & Co. LLC purchased a new position in V.F. Corporation during the 2nd quarter worth $203,000. WASHINGTON TRUST Co purchased a new position in V.F. Corporation during the 3rd quarter worth $210,000. Finally, Dorsey & Whitney Trust CO LLC purchased a new position in V.F. Corporation during the 3rd quarter worth $215,000.
VFC has been the subject of a number of research analyst reports. UBS AG raised their price target on V.F. Corporation from $59.00 to $66.00 and gave the stock a “buy” rating in a research note on Tuesday, July 25th. Canaccord Genuity raised V.F. Corporation from a “hold” rating to a “buy” rating and raised their price target for the stock from $58.00 to $73.00 in a research note on Monday, August 14th. Pivotal Research began coverage on V.F. Corporation in a research report on Thursday, October 5th. They set a “buy” rating and a $75.00 target price for the company. Susquehanna Bancshares Inc reaffirmed a “buy” rating and set a $75.00 target price on shares of V.F. Corporation in a research report on Monday, October 16th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of V.F. Corporation in a research report on Tuesday, October 17th. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $65.45.
V.F. Corporation Company Profile
V.F. Corporation (VF) is engaged in the design, production, procurement, marketing and distribution of branded lifestyle apparel, footwear and related products. The Company’s segments include Outdoor & Action Sports, Jeanswear, Imagewear and Sportswear. Its Outdoor & Action Sports Coalition is a group of authentic outdoor and activity-based lifestyle brands.
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