PVH Corp. (NYSE:PVH) Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in PVH Corp. (NYSE:PVH - Free Report) by 1.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 323,770 shares of the textile maker's stock after buying an additional 3,070 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.58% of PVH worth $34,239,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. UMB Bank n.a. grew its holdings in shares of PVH by 78.5% in the fourth quarter. UMB Bank n.a. now owns 282 shares of the textile maker's stock worth $30,000 after purchasing an additional 124 shares during the last quarter. Proficio Capital Partners LLC bought 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 about $47,000. Allworth Financial LP bought a new position in PVH in the fourth quarter worth about $50,000. Finally, Hoey Investments Inc. purchased a new stake in shares of PVH during the fourth quarter valued at about $55,000. 97.25% of the stock is owned by institutional investors.

PVH Stock Performance

Shares of NYSE PVH traded down $1.02 during trading hours on Friday, reaching $83.80. The stock had a trading volume of 1,327,610 shares, compared to its average volume of 1,005,740. The company has a current ratio of 1.29, a quick ratio of 0.69 and a debt-to-equity ratio of 0.31. PVH Corp. has a fifty-two week low of $59.28 and a fifty-two week high of $124.68. The firm has a 50-day moving average of $73.56 and a 200-day moving average of $85.57. The firm has a market cap of $4.02 billion, a price-to-earnings ratio of 6.82, a PEG ratio of 0.77 and a beta of 1.81.

PVH (NYSE:PVH - Get Free Report) last posted its quarterly earnings data on Monday, March 31st. The textile maker reported $3.27 EPS for the quarter, beating analysts' consensus estimates of $3.19 by $0.08. The company had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.34 billion. PVH had a net margin of 8.13% and a return on equity of 13.66%. 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. Equities research analysts predict that PVH Corp. will post 11.67 earnings per share for the current year.

PVH Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Wednesday, June 4th will be paid a $0.0375 dividend. The ex-dividend date is Wednesday, June 4th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.18%. PVH's dividend payout ratio (DPR) is presently 1.42%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on PVH shares. Barclays cut their price objective on shares of PVH from $103.00 to $87.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. The Goldman Sachs Group cut their target price on PVH from $128.00 to $109.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. JPMorgan Chase & Co. lifted their price target on PVH from $87.00 to $99.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th. BMO Capital Markets cut their price objective on PVH from $106.00 to $93.00 and set a "market perform" rating on the stock in a report on Tuesday, April 1st. Finally, Needham & Company LLC began coverage on PVH in a research report on Friday. They issued a "buy" rating and a $115.00 target price on the stock. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, PVH presently has a consensus rating of "Moderate Buy" and an average price target of $106.38.

PVH Company 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.