E. Haas Jr. Family Fund Peter Sells 102,418 Shares of Levi Strauss & Co. (NYSE:LEVI) Stock

Levi Strauss & Co. (NYSE:LEVI - Get Free Report) major shareholder E. Haas Jr. Family Fund Peter sold 102,418 shares of the business's stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $22.33, for a total value of $2,286,993.94. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.

E. Haas Jr. Family Fund Peter also recently made the following trade(s):

• On Friday, May 17th, E. Haas Jr. Family Fund Peter sold 56,743 shares of Levi Strauss & Co. stock. The shares were sold at an average price of $21.96, for a total transaction of $1,246,076.28.

Levi Strauss & Co. Price Performance

NYSE:LEVI traded down $0.12 during mid-day trading on Friday, hitting $22.08. 1,092,624 shares of the company's stock traded hands, compared to its average volume of 2,476,122. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.78 and a current ratio of 1.43. The company has a market cap of $8.79 billion, a PE ratio of 71.23, a price-to-earnings-growth ratio of 1.27 and a beta of 1.19. The firm's 50 day simple moving average is $20.45 and its 200 day simple moving average is $17.67. Levi Strauss & Co. has a 1 year low of $12.41 and a 1 year high of $23.00.

Levi Strauss & Co. (NYSE:LEVI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 3rd. The blue-jean maker reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.05. Levi Strauss & Co. had a return on equity of 20.68% and a net margin of 2.05%. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.55 billion. During the same period in the previous year, the firm posted $0.34 EPS. The company's quarterly revenue was down 7.8% compared to the same quarter last year. Sell-side analysts expect that Levi Strauss & Co. will post 1.27 EPS for the current year.

Levi Strauss & Co. Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 23rd. Investors of record on Thursday, May 9th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date is Wednesday, May 8th. Levi Strauss & Co.'s payout ratio is currently 154.84%.

Institutional Trading of Levi Strauss & Co.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LEVI. California State Teachers Retirement System increased its stake in Levi Strauss & Co. by 1.0% in the first quarter. California State Teachers Retirement System now owns 85,129 shares of the blue-jean maker's stock valued at $1,702,000 after purchasing an additional 851 shares during the last quarter. Strategic Advisors LLC increased its stake in shares of Levi Strauss & Co. by 7.0% during the 4th quarter. Strategic Advisors LLC now owns 19,900 shares of the blue-jean maker's stock valued at $329,000 after acquiring an additional 1,300 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Levi Strauss & Co. by 6.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,297 shares of the blue-jean maker's stock valued at $352,000 after acquiring an additional 1,319 shares during the last quarter. Manchester Capital Management LLC lifted its holdings in shares of Levi Strauss & Co. by 21.5% during the 3rd quarter. Manchester Capital Management LLC now owns 9,541 shares of the blue-jean maker's stock worth $130,000 after acquiring an additional 1,690 shares during the period. Finally, KBC Group NV boosted its position in shares of Levi Strauss & Co. by 1.8% in the fourth quarter. KBC Group NV now owns 110,756 shares of the blue-jean maker's stock worth $1,832,000 after acquiring an additional 1,917 shares during the last quarter. Hedge funds and other institutional investors own 69.14% of the company's stock.

Wall Street Analysts Forecast Growth

LEVI has been the topic of several recent analyst reports. Telsey Advisory Group raised their price target on Levi Strauss & Co. from $22.00 to $24.00 and gave the company an "outperform" rating in a research note on Thursday, April 4th. JPMorgan Chase & Co. boosted their target price on Levi Strauss & Co. from $19.00 to $21.00 and gave the stock a "neutral" rating in a research note on Monday, April 8th. UBS Group upped their price target on Levi Strauss & Co. from $23.00 to $25.00 and gave the company a "buy" rating in a report on Thursday, April 4th. TheStreet raised shares of Levi Strauss & Co. from a "c+" rating to a "b-" rating in a report on Tuesday, February 13th. Finally, Stifel Nicolaus upped their target price on shares of Levi Strauss & Co. from $17.00 to $24.00 and gave the company a "buy" rating in a report on Thursday, April 4th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $20.56.

Levi Strauss & Co. Company Profile

Levi Strauss & Co designs, markets, and sells apparels and related accessories for men, women, and children worldwide. The company offers jeans, casual and dress pants, activewears, tops, shorts, skirts, dresses, jumpsuits, shirts, sweaters, jackets, footwear, and related accessories under the Levi's, Dockers, Signature by Levi Strauss & Co, Denizen, and Beyond Yoga brands.

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