Captrust Financial Advisors Makes New $1.82 Million Investment in PVH Corp. (NYSE:PVH)

Captrust Financial Advisors bought a new stake in PVH Corp. (NYSE:PVH - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 17,243 shares of the textile maker's stock, valued at approximately $1,823,000.

Several other large investors also recently added to or reduced their stakes in the business. UMB Bank n.a. lifted its stake in shares of PVH by 78.5% in the 4th quarter. UMB Bank n.a. now owns 282 shares of the textile maker's stock valued at $30,000 after purchasing an additional 124 shares during the last quarter. Proficio Capital Partners LLC bought a new position in PVH during the fourth quarter valued at about $41,000. Kapitalo Investimentos Ltda acquired a new stake in shares of PVH in the fourth quarter worth about $47,000. Allworth Financial LP bought a new stake in shares of PVH during the 4th quarter worth about $50,000. Finally, GAMMA Investing LLC increased its holdings in shares of PVH by 36.0% during 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 last quarter. 97.25% of the stock is owned by institutional investors.

Analyst Ratings Changes

PVH has been the subject of several analyst reports. The Goldman Sachs Group reduced their target price on PVH from $128.00 to $109.00 and set a "buy" rating for the company in a report on Tuesday, March 4th. Jefferies Financial Group upgraded shares of PVH from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $70.00 to $105.00 in a research note on Wednesday. Telsey Advisory Group reiterated an "outperform" rating and issued a $90.00 target price on shares of PVH in a research note on Tuesday, April 1st. Evercore ISI dropped their target price on shares of PVH from $139.00 to $105.00 and set an "outperform" rating on the stock in a report on Tuesday, April 1st. Finally, Barclays decreased their price target on shares of PVH from $103.00 to $87.00 and set an "overweight" rating for the company in a report on Monday, April 28th. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $105.67.

PVH Stock Performance

PVH traded up $0.97 on Friday, hitting $86.37. 1,508,314 shares of the stock traded hands, compared to its average volume of 986,599. The business has a fifty day moving average price of $69.77 and a two-hundred day moving average price of $86.70. The company has a current ratio of 1.29, a quick ratio of 0.69 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $4.15 billion, a PE ratio of 7.03, a P/E/G ratio of 0.77 and a beta of 1.81. PVH Corp. has a 52 week low of $59.28 and a 52 week high of $124.68.

PVH (NYSE:PVH - Get Free Report) last released its quarterly earnings data on Monday, March 31st. The textile maker reported $3.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.19 by $0.08. The business had revenue of $2.37 billion for the quarter, compared to analysts' expectations of $2.34 billion. PVH had a return on equity of 13.66% and a net margin of 8.13%. PVH's quarterly revenue was down 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $3.72 earnings per share. On average, research analysts predict that PVH Corp. will post 11.67 EPS for the current fiscal year.

PVH Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 4th will be issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.17%. The ex-dividend date of this dividend is Wednesday, June 4th. PVH's payout ratio is currently 1.42%.

About PVH

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.