Barclays PLC Has $5.61 Million Stock Position in Levi Strauss & Co. (NYSE:LEVI)

Barclays PLC boosted its holdings in shares of Levi Strauss & Co. (NYSE:LEVI - Free Report) by 50.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 324,182 shares of the blue-jean maker's stock after buying an additional 108,779 shares during the quarter. Barclays PLC owned about 0.08% of Levi Strauss & Co. worth $5,607,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bragg Financial Advisors Inc increased its holdings in shares of Levi Strauss & Co. by 36.4% during the 4th quarter. Bragg Financial Advisors Inc now owns 865,790 shares of the blue-jean maker's stock valued at $14,978,000 after acquiring an additional 231,270 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Levi Strauss & Co. during the fourth quarter valued at approximately $2,450,000. Bank of Montreal Can raised its position in shares of Levi Strauss & Co. by 148.3% in the fourth quarter. Bank of Montreal Can now owns 40,960 shares of the blue-jean maker's stock valued at $709,000 after purchasing an additional 24,466 shares during the period. Dynamic Technology Lab Private Ltd raised its position in shares of Levi Strauss & Co. by 892.3% in the fourth quarter. Dynamic Technology Lab Private Ltd now owns 114,472 shares of the blue-jean maker's stock valued at $1,980,000 after purchasing an additional 102,936 shares during the period. Finally, Savoir Faire Capital Management L.P. lifted its stake in shares of Levi Strauss & Co. by 55.6% in the fourth quarter. Savoir Faire Capital Management L.P. now owns 188,714 shares of the blue-jean maker's stock worth $3,265,000 after buying an additional 67,401 shares during the last quarter. 69.14% of the stock is currently owned by institutional investors.

Levi Strauss & Co. Trading Up 0.7 %

Levi Strauss & Co. stock traded up $0.11 during trading hours on Thursday, reaching $16.12. 302,205 shares of the company's stock traded hands, compared to its average volume of 2,146,005. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.80 and a current ratio of 1.42. Levi Strauss & Co. has a fifty-two week low of $12.17 and a fifty-two week high of $24.34. The firm has a market capitalization of $6.38 billion, a price-to-earnings ratio of 31.00, a PEG ratio of 1.92 and a beta of 1.07. The firm's 50 day moving average is $15.76 and its 200-day moving average is $16.99.

Levi Strauss & Co. (NYSE:LEVI - Get Free Report) last released its earnings results on Monday, April 7th. The blue-jean maker reported $0.38 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.10. Levi Strauss & Co. had a net margin of 3.32% and a return on equity of 25.88%. The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter last year, the firm earned $0.26 earnings per share. The firm's revenue for the quarter was up 3.1% compared to the same quarter last year. On average, analysts predict that Levi Strauss & Co. will post 1.27 earnings per share for the current year.

Levi Strauss & Co. Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Thursday, April 24th will be issued a dividend of $0.13 per share. The ex-dividend date is Thursday, April 24th. This represents a $0.52 annualized dividend and a yield of 3.23%. Levi Strauss & Co.'s payout ratio is presently 58.43%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Morgan Stanley dropped their price target on Levi Strauss & Co. from $17.00 to $16.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 9th. UBS Group cut their target price on shares of Levi Strauss & Co. from $26.00 to $25.00 and set a "buy" rating for the company in a research note on Monday, February 3rd. Guggenheim increased their price target on shares of Levi Strauss & Co. from $20.00 to $22.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Bank of America upgraded shares of Levi Strauss & Co. from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $17.00 to $20.00 in a report on Thursday, April 10th. Finally, Barclays reduced their target price on shares of Levi Strauss & Co. from $22.00 to $18.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat, Levi Strauss & Co. currently has an average rating of "Moderate Buy" and an average target price of $19.45.

Insider Activity at Levi Strauss & Co.

In other news, Director David A. Friedman sold 4,166 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $18.44, for a total transaction of $76,821.04. Following the sale, the director now owns 100,012 shares in the company, valued at $1,844,221.28. This represents a 4.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders own 1.25% of the company's stock.

About Levi Strauss & Co.

Levi Strauss & Co engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia. The company was founded by Levi Strauss in 1853 and is headquartered in San Francisco, CA.