Levi Strauss & Co. (NYSE:LEVI) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its position in Levi Strauss & Co. (NYSE:LEVI - Free Report) by 11.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,341,317 shares of the blue-jean maker's stock after purchasing an additional 137,933 shares during the quarter. Dimensional Fund Advisors LP owned about 0.34% of Levi Strauss & Co. worth $23,205,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in LEVI. Vanguard Group Inc. grew its stake in Levi Strauss & Co. by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 8,824,983 shares of the blue-jean maker's stock worth $152,672,000 after buying an additional 133,978 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of Levi Strauss & Co. by 1.2% during the fourth quarter. Wellington Management Group LLP now owns 6,673,056 shares of the blue-jean maker's stock worth $115,444,000 after acquiring an additional 81,435 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Levi Strauss & Co. by 15.8% during the fourth quarter. American Century Companies Inc. now owns 1,608,253 shares of the blue-jean maker's stock valued at $27,823,000 after acquiring an additional 219,546 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Levi Strauss & Co. by 119.8% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,541,784 shares of the blue-jean maker's stock valued at $26,858,000 after purchasing an additional 840,251 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Levi Strauss & Co. by 1,079.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,432,127 shares of the blue-jean maker's stock worth $24,776,000 after purchasing an additional 1,310,748 shares in the last quarter. 69.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have commented on LEVI shares. Telsey Advisory Group lowered their price target on Levi Strauss & Co. from $23.00 to $19.00 and set an "outperform" rating for the company in a research report on Tuesday, April 8th. Wells Fargo & Company upgraded shares of Levi Strauss & Co. from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $17.00 to $20.00 in a research report on Wednesday, April 30th. Stifel Nicolaus dropped their target price on Levi Strauss & Co. from $25.00 to $20.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. JPMorgan Chase & Co. upgraded Levi Strauss & Co. from a "neutral" rating to an "overweight" rating and lowered their price target for the stock from $19.00 to $17.00 in a research report on Tuesday, April 8th. Finally, Barclays dropped their price objective on Levi Strauss & Co. from $22.00 to $18.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, Levi Strauss & Co. has a consensus rating of "Moderate Buy" and an average price target of $19.45.

Levi Strauss & Co. Price Performance

LEVI stock traded up $0.13 during mid-day trading on Friday, reaching $17.20. The company's stock had a trading volume of 1,525,199 shares, compared to its average volume of 2,144,951. The company has a current ratio of 1.42, a quick ratio of 0.80 and a debt-to-equity ratio of 0.50. The company's 50 day moving average is $15.58 and its two-hundred day moving average is $16.88. Levi Strauss & Co. has a fifty-two week low of $12.17 and a fifty-two week high of $24.34. The stock has a market cap of $6.81 billion, a PE ratio of 33.08, a P/E/G ratio of 1.92 and a beta of 1.14.

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

Levi Strauss & Co. Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Thursday, April 24th were paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date was Thursday, April 24th. Levi Strauss & Co.'s dividend payout ratio (DPR) is presently 58.43%.

Levi Strauss & Co. Company Profile

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.