100,021 Shares in PVH Corp. (NYSE:PVH) Acquired by J. Goldman & Co LP

J. Goldman & Co LP bought a new stake in PVH Corp. (NYSE:PVH - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 100,021 shares of the textile maker's stock, valued at approximately $10,577,000. J. Goldman & Co LP owned 0.18% of PVH as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Barclays PLC boosted its position in shares of PVH by 71.3% in the 3rd quarter. Barclays PLC now owns 60,495 shares of the textile maker's stock worth $6,097,000 after purchasing an additional 25,174 shares during the last quarter. GAMMA Investing LLC lifted its position in PVH by 36.0% in the 4th quarter. GAMMA Investing LLC now owns 487 shares of the textile maker's stock valued at $52,000 after acquiring an additional 129 shares in the last quarter. Pallas Capital Advisors LLC acquired a new position in PVH in the 4th quarter worth $216,000. 180 Wealth Advisors LLC bought a new position in PVH during the 4th quarter worth about $565,000. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of PVH in the 4th quarter valued at about $1,987,000. 97.25% of the stock is currently owned by institutional investors and hedge funds.

PVH Stock Performance

NYSE PVH traded up $0.97 during trading on Friday, reaching $86.37. 1,508,280 shares of the company's stock were exchanged, compared to its average volume of 986,599. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.29 and a quick ratio of 0.69. The business has a 50 day moving average price of $69.77 and a 200-day moving average price of $86.70. The stock has a market capitalization of $4.15 billion, a P/E ratio of 7.03, a PEG ratio of 0.77 and a beta of 1.81. PVH Corp. has a fifty-two week low of $59.28 and a fifty-two week high of $124.68.

PVH (NYSE:PVH - Get Free Report) last posted its earnings results on Monday, March 31st. The textile maker reported $3.27 earnings per share 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 business had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same period in the previous year, the firm earned $3.72 EPS. The firm's revenue was down 4.8% compared to the same quarter last year. Sell-side analysts forecast that PVH Corp. will post 11.67 earnings per share 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 paid a $0.0375 dividend. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a $0.15 dividend on an annualized basis and a yield of 0.17%. PVH's dividend payout ratio (DPR) is currently 1.42%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on PVH. BMO Capital Markets decreased their price objective on PVH from $106.00 to $93.00 and set a "market perform" rating for the company in a report on Tuesday, April 1st. Evercore ISI decreased their price target on shares of PVH from $139.00 to $105.00 and set an "outperform" rating for the company in a research note on Tuesday, April 1st. StockNews.com raised shares of PVH from a "hold" rating to a "buy" rating in a research report on Thursday. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $90.00 target price on shares of PVH in a research report on Tuesday, April 1st. Finally, Barclays lowered their price target on shares of PVH from $103.00 to $87.00 and set an "overweight" rating on the stock in a research note on Monday, April 28th. Six 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 MarketBeat, PVH presently has an average rating of "Moderate Buy" and a consensus target price of $105.67.

About PVH

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.