V.F. (NYSE:VFC) Price Target Lowered to $12.50 at The Goldman Sachs Group

V.F. (NYSE:VFC - Get Free Report) had its target price decreased by investment analysts at The Goldman Sachs Group from $14.00 to $12.50 in a research note issued on Friday, Benzinga reports. The brokerage presently has a "neutral" rating on the textile maker's stock. The Goldman Sachs Group's price objective indicates a potential downside of 1.11% from the stock's current price.

Other research analysts also recently issued reports about the company. BNP Paribas reissued a "neutral" rating and issued a $14.00 price target (down from $18.00) on shares of V.F. in a report on Friday, April 12th. JPMorgan Chase & Co. dropped their price objective on V.F. from $16.00 to $12.00 and set a "neutral" rating on the stock in a report on Monday, April 8th. UBS Group dropped their price target on V.F. from $19.00 to $18.00 and set a "neutral" rating on the stock in a research note on Monday, February 5th. Telsey Advisory Group reiterated an "outperform" rating and issued a $22.00 target price on shares of V.F. in a research note on Tuesday, January 30th. Finally, StockNews.com raised V.F. from a "sell" rating to a "hold" rating in a report on Thursday, February 8th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, V.F. presently has an average rating of "Hold" and an average price target of $17.88.

V.F. Stock Performance

Shares of VFC traded up $0.02 during midday trading on Friday, reaching $12.64. The stock had a trading volume of 5,751,643 shares, compared to its average volume of 9,188,810. The firm has a market cap of $4.91 billion, a PE ratio of -6.49, a P/E/G ratio of 1.45 and a beta of 1.47. The company has a current ratio of 1.23, a quick ratio of 0.70 and a debt-to-equity ratio of 2.25. The firm has a 50 day simple moving average of $14.63 and a 200-day simple moving average of $16.20. V.F. has a one year low of $11.91 and a one year high of $23.55.

V.F. (NYSE:VFC - Get Free Report) last released its earnings results on Tuesday, February 6th. The textile maker reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.22). V.F. had a positive return on equity of 19.03% and a negative net margin of 7.07%. The firm had revenue of $2.96 billion during the quarter, compared to analysts' expectations of $3.24 billion. During the same period in the prior year, the company posted $1.12 earnings per share. The company's revenue was down 16.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that V.F. will post 1.1 EPS for the current year.

Insider Buying and Selling

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

Hedge Funds Weigh In On V.F.

Several institutional investors have recently made changes to their positions in VFC. Wolff Wiese Magana LLC increased its holdings in 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 worth $25,000 after buying an additional 1,276 shares during the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of V.F. in the 4th quarter worth approximately $25,000. Mather Group LLC. bought a new stake in shares of V.F. in the 1st quarter worth approximately $27,000. Allworth Financial LP increased its stake in shares of V.F. by 111.5% in the fourth quarter. Allworth Financial LP now owns 1,817 shares of the textile maker's stock worth $34,000 after buying an additional 958 shares during the period. Finally, Future Financial Wealth Managment LLC purchased a new position in shares of V.F. in the first quarter worth $31,000. Institutional investors and hedge funds 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.