Nomura Holdings Inc. Has $583,000 Stock Holdings in Levi Strauss & Co. (NYSE:LEVI)

Nomura Holdings Inc. decreased its position in Levi Strauss & Co. (NYSE:LEVI - Free Report) by 54.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 33,700 shares of the blue-jean maker's stock after selling 40,840 shares during the quarter. Nomura Holdings Inc.'s holdings in Levi Strauss & Co. were worth $583,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in LEVI. KBC Group NV lifted its stake in Levi Strauss & Co. by 0.8% in the fourth quarter. KBC Group NV now owns 114,442 shares of the blue-jean maker's stock valued at $1,980,000 after acquiring an additional 892 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Levi Strauss & Co. by 2.4% during the 4th quarter. LPL Financial LLC now owns 54,151 shares of the blue-jean maker's stock valued at $937,000 after purchasing an additional 1,283 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Levi Strauss & Co. in the 4th quarter valued at $39,000. Deutsche Bank AG lifted its stake in shares of Levi Strauss & Co. by 67.5% in the 4th quarter. Deutsche Bank AG now owns 6,090 shares of the blue-jean maker's stock valued at $105,000 after purchasing an additional 2,454 shares during the last quarter. Finally, SG Americas Securities LLC boosted its holdings in Levi Strauss & Co. by 32.9% in the fourth quarter. SG Americas Securities LLC now owns 12,103 shares of the blue-jean maker's stock worth $209,000 after purchasing an additional 2,998 shares in the last quarter. Institutional investors own 69.14% of the company's stock.

Levi Strauss & Co. Stock Performance

Shares of LEVI traded down $0.19 during mid-day trading on Monday, hitting $17.75. The company's stock had a trading volume of 1,972,318 shares, compared to its average volume of 2,172,716. Levi Strauss & Co. has a one year low of $12.17 and a one year high of $24.34. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.80 and a current ratio of 1.42. The firm has a market capitalization of $7.02 billion, a PE ratio of 34.13, a price-to-earnings-growth ratio of 1.92 and a beta of 1.14. The stock's 50-day moving average is $15.87 and its two-hundred day moving average is $16.90.

Levi Strauss & Co. (NYSE:LEVI - Get Free Report) last released its earnings results on Monday, April 7th. The blue-jean maker reported $0.38 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $1.53 billion during the quarter, compared to analysts' expectations of $1.54 billion. During the same period in the prior year, the company earned $0.26 EPS. The business's quarterly revenue was up 3.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Levi Strauss & Co. will post 1.27 EPS for the current year.

Levi Strauss & Co. Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Thursday, April 24th were paid a dividend of $0.13 per share. The ex-dividend date was Thursday, April 24th. This represents a $0.52 annualized dividend and a yield of 2.93%. Levi Strauss & Co.'s dividend payout ratio is 58.43%.

Analysts Set New Price Targets

LEVI has been the topic of several recent research reports. Telsey Advisory Group raised their target price on Levi Strauss & Co. from $19.00 to $21.00 and gave the company an "outperform" rating in a report on Thursday, May 15th. Stifel Nicolaus cut their price objective on Levi Strauss & Co. from $25.00 to $20.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Bank of America raised Levi Strauss & Co. from a "neutral" rating to a "buy" rating and upped their target price for the stock from $17.00 to $20.00 in a research report on Thursday, April 10th. Barclays increased their price target on Levi Strauss & Co. from $18.00 to $20.00 and gave the company an "overweight" rating in a report on Wednesday, May 21st. Finally, JPMorgan Chase & Co. upgraded shares of Levi Strauss & Co. from a "neutral" rating to an "overweight" rating and reduced their price objective for the stock from $19.00 to $17.00 in a research note 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's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $20.45.

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.