PVH Corp. (NYSE:PVH) Holdings Lifted by 180 Wealth Advisors LLC

180 Wealth Advisors LLC grew its stake in shares of PVH Corp. (NYSE:PVH - Free Report) by 156.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,669 shares of the textile maker's stock after acquiring an additional 8,330 shares during the quarter. 180 Wealth Advisors LLC's holdings in PVH were worth $884,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Proficio Capital Partners LLC purchased a new stake in PVH during the fourth quarter valued at about $41,000. Kapitalo Investimentos Ltda purchased a new position in PVH in the fourth quarter valued at approximately $47,000. Allworth Financial LP purchased a new stake in PVH during the fourth quarter worth approximately $50,000. Hoey Investments Inc. acquired a new stake in shares of PVH in the fourth quarter worth $55,000. Finally, Smartleaf Asset Management LLC raised its stake in shares of PVH by 96.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 617 shares of the textile maker's stock valued at $65,000 after acquiring an additional 303 shares during the period. 97.25% of the stock is currently owned by hedge funds and other institutional investors.

PVH Stock Up 0.7%

Shares of PVH stock traded up $0.54 during trading hours on Tuesday, hitting $82.67. 1,269,039 shares of the company were exchanged, compared to its average volume of 1,010,811. The stock has a market capitalization of $3.97 billion, a price-to-earnings ratio of 6.73, a P/E/G ratio of 0.77 and a beta of 1.81. PVH Corp. has a one year low of $59.28 and a one year high of $124.68. The business's 50-day simple moving average is $74.21 and its two-hundred day simple moving average is $85.05. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.69 and a current ratio of 1.29.

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

PVH Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Investors 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 0.18%. The ex-dividend date of this dividend is Wednesday, June 4th. PVH's dividend payout ratio (DPR) is 1.42%.

Analyst Ratings Changes

PVH has been the subject of several recent research reports. Jefferies Financial Group upgraded PVH from a "hold" rating to a "buy" rating and increased their price target for the company from $70.00 to $105.00 in a report on Wednesday, May 14th. Needham & Company LLC started coverage on PVH in a research report on Friday. They issued a "buy" rating and a $115.00 target price for the company. Barclays reduced their price target on PVH from $103.00 to $87.00 and set an "overweight" rating on the stock in a research report on Monday, April 28th. UBS Group increased their price objective on shares of PVH from $140.00 to $150.00 and gave the company a "buy" rating in a research report on Wednesday, May 28th. Finally, Evercore ISI dropped their price objective on shares of PVH from $139.00 to $105.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 1st. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $106.38.

PVH Profile

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.