V.F. (NYSE:VFC) Hits New 12-Month Low at $12.55

V.F. Co. (NYSE:VFC - Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $12.55 and last traded at $12.66, with a volume of 1407160 shares. The stock had previously closed at $13.13.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on VFC shares. Williams Trading reissued a "sell" rating on shares of V.F. in a research report on Thursday, January 25th. JPMorgan Chase & Co. dropped their target price on V.F. from $16.00 to $12.00 and set a "neutral" rating on the stock in a report on Monday. StockNews.com upgraded V.F. from a "sell" rating to a "hold" rating in a research report on Thursday, February 8th. Stifel Nicolaus restated a "buy" rating and issued a $22.00 target price on shares of V.F. in a research report on Tuesday. Finally, Wells Fargo & Company dropped their price objective on V.F. from $17.00 to $14.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 7th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, V.F. has a consensus rating of "Hold" and an average price target of $17.97.

V.F. Stock Down 7.8 %

The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.70 and a current ratio of 1.23. The firm's 50-day moving average is $15.39 and its 200 day moving average is $16.50. The firm has a market capitalization of $4.71 billion, a P/E ratio of -6.25, a PEG ratio of 1.47 and a beta of 1.47.

V.F. (NYSE:VFC - Get Free Report) last announced its earnings results on Tuesday, February 6th. The textile maker reported $0.57 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.22). The company had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $3.24 billion. V.F. had a positive return on equity of 19.03% and a negative net margin of 7.07%. The business's quarterly revenue was down 16.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.12 EPS. As a group, equities research analysts predict that V.F. Co. will post 1.11 EPS for the current fiscal year.

V.F. Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 11th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date of this dividend was Friday, March 8th. V.F.'s dividend payout ratio is presently -18.27%.

Insiders Place Their Bets

In other news, Director Juliana L. Chugg purchased 11,301 shares of the business's stock in a transaction that occurred on Monday, February 12th. The shares were acquired at an average cost of $17.55 per share, for a total transaction of $198,332.55. Following the completion of the acquisition, the director now owns 26,301 shares in the company, valued at $461,582.55. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Juliana L. Chugg purchased 11,301 shares of the business's stock in a transaction on Monday, February 12th. The stock was acquired at an average price of $17.55 per share, with a total value of $198,332.55. Following the purchase, the director now directly owns 26,301 shares in the company, valued at $461,582.55. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Bracken Darrell acquired 65,360 shares of the business's stock in a transaction dated Friday, February 9th. The stock was acquired at an average cost of $15.38 per share, with a total value of $1,005,236.80. Following the purchase, the insider now directly owns 144,281 shares in the company, valued at approximately $2,219,041.78. The disclosure for this purchase can be found here. Corporate insiders own 0.60% of the company's stock.

Institutional Trading of V.F.

A number of institutional investors have recently made changes to their positions in VFC. Point72 Hong Kong Ltd boosted its stake in V.F. by 106.9% during the first quarter. Point72 Hong Kong Ltd now owns 1,131 shares of the textile maker's stock worth $64,000 after buying an additional 17,451 shares during the period. Wolff Wiese Magana LLC increased its holdings in shares of V.F. by 2,835.6% during the fourth quarter. Wolff Wiese Magana LLC now owns 1,321 shares of the textile maker's stock valued at $25,000 after acquiring an additional 1,276 shares in the last quarter. Eagle Bay Advisors LLC acquired a new position in shares of V.F. during the fourth quarter valued at about $25,000. West Tower Group LLC acquired a new position in shares of V.F. during the fourth quarter valued at about $27,000. Finally, International Assets Investment Management LLC purchased a new stake in V.F. in the third quarter valued at approximately $27,000. Hedge funds and other institutional investors own 86.84% of the company's stock.

About V.F.

V.F. Corporation, together with its subsidiaries, engages in the design, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Outdoor, Active, and Work.