Universal Beteiligungs und Servicegesellschaft mbH Invests $6.95 Million in PVH Corp. (NYSE:PVH)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in PVH Corp. (NYSE:PVH - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 65,724 shares of the textile maker's stock, valued at approximately $6,950,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.12% of PVH at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Kapitalo Investimentos Ltda acquired a new stake in shares of PVH in the 4th quarter worth $47,000. Allworth Financial LP acquired a new stake in shares of PVH in the 4th quarter worth $50,000. Hoey Investments Inc. acquired a new stake in shares of PVH in the 4th quarter worth $55,000. Smartleaf Asset Management LLC boosted its position 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 worth $65,000 after purchasing an additional 303 shares in the last quarter. Finally, Assetmark Inc. lifted its position in PVH by 11.8% during the 4th quarter. Assetmark Inc. now owns 1,451 shares of the textile maker's stock worth $153,000 after acquiring an additional 153 shares during the period. Institutional investors and hedge funds own 97.25% of the company's stock.

PVH Trading Down 1.4%

NYSE:PVH traded down $1.19 during trading hours on Wednesday, reaching $81.31. 442,274 shares of the stock were exchanged, compared to its average volume of 1,007,092. The company has a quick ratio of 0.69, a current ratio of 1.29 and a debt-to-equity ratio of 0.31. The business has a 50-day moving average of $74.54 and a two-hundred day moving average of $85.04. PVH Corp. has a twelve month low of $59.28 and a twelve month high of $124.68. The company has a market capitalization of $3.90 billion, a price-to-earnings ratio of 6.64, a PEG ratio of 0.77 and a beta of 1.81.

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

PVH Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 4th will be given a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.18%. The ex-dividend date is Wednesday, June 4th. PVH's dividend payout ratio is currently 1.42%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Evercore ISI lowered their price target on PVH from $139.00 to $105.00 and set an "outperform" rating for the company in a research report on Tuesday, April 1st. Morgan Stanley lowered their price target on PVH from $95.00 to $86.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 2nd. Wells Fargo & Company lifted their price target on PVH from $85.00 to $100.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 14th. 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. Finally, UBS Group lifted their price objective on PVH from $140.00 to $150.00 and gave the company a "buy" rating in a research note on Wednesday, May 28th. Six research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, PVH presently has a consensus rating of "Moderate Buy" and a consensus 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.