VF Corp (VFC) Position Reduced by Old Mutual Global Investors UK Ltd.

Old Mutual Global Investors UK Ltd. reduced its holdings in shares of VF Corp (NYSE:VFC) by 20.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 198,766 shares of the textile maker’s stock after selling 50,523 shares during the quarter. Old Mutual Global Investors UK Ltd.’s holdings in VF were worth $14,708,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Cerebellum GP LLC bought a new stake in VF during the fourth quarter worth $131,000. Carroll Financial Associates Inc. lifted its holdings in VF by 368.3% during the fourth quarter. Carroll Financial Associates Inc. now owns 2,051 shares of the textile maker’s stock worth $151,000 after acquiring an additional 1,613 shares during the period. IFG Advisory LLC bought a new stake in VF during the fourth quarter worth $774,000. Alps Advisors Inc. bought a new stake in VF during the fourth quarter worth $205,000. Finally, Investment Partners Ltd. OH ADV bought a new stake in VF during the fourth quarter worth $207,000.

VFC has been the topic of a number of recent analyst reports. Guggenheim reiterated a “buy” rating and set a $84.00 price target on shares of VF in a report on Wednesday, January 10th. Canaccord Genuity set a $81.00 price target on VF and gave the stock a “buy” rating in a report on Thursday, October 19th. Robert W. Baird reiterated an “average” rating and set a $84.00 price target on shares of VF in a report on Wednesday, January 3rd. Stifel Nicolaus set a $78.00 target price on VF and gave the company a “hold” rating in a research note on Saturday, December 16th. Finally, Piper Jaffray Companies boosted their target price on VF to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $73.05.

In other news, VP Scott H. Baxter sold 39,694 shares of VF stock in a transaction on Monday, November 20th. The stock was sold at an average price of $71.50, for a total value of $2,838,121.00. Following the completion of the transaction, the vice president now directly owns 112,202 shares in the company, valued at $8,022,443. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Scott H. Baxter sold 89,822 shares of VF stock in a transaction on Friday, November 17th. The shares were sold at an average price of $71.14, for a total value of $6,389,937.08. Following the completion of the transaction, the vice president now owns 127,844 shares of the company’s stock, valued at $9,094,822.16. The disclosure for this sale can be found here. 1.60% of the stock is currently owned by insiders.

VF Corp (VFC) opened at $83.69 on Thursday. The firm has a market capitalization of $32,445.69, a price-to-earnings ratio of 35.31, a PEG ratio of 2.29 and a beta of 0.90. VF Corp has a 52-week low of $50.07 and a 52-week high of $83.74. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.47 and a quick ratio of 0.97.

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VF 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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Institutional Ownership by Quarter for VF (NYSE:VFC)

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