V.F. Target of Unusually Large Options Trading (NYSE:VFC)

V.F. Co. (NYSE:VFC - Get Free Report) saw unusually large options trading activity on Friday. Stock investors acquired 33,391 call options on the stock. This is an increase of approximately 66% compared to the average volume of 20,165 call options.

Institutional Trading of V.F.

Institutional investors have recently made changes to their positions in the company. Wolff Wiese Magana LLC boosted 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 purchasing an additional 1,276 shares during the last quarter. Eagle Bay Advisors LLC bought a new position in shares of V.F. in the fourth quarter valued at approximately $25,000. Mather Group LLC. purchased a new stake in shares of V.F. during the first quarter valued at approximately $27,000. Allworth Financial LP lifted its holdings in V.F. by 111.5% during the fourth quarter. Allworth Financial LP now owns 1,817 shares of the textile maker's stock worth $34,000 after acquiring an additional 958 shares during the period. Finally, Future Financial Wealth Managment LLC purchased a new position in V.F. in the first quarter worth $31,000. Institutional investors own 86.84% of the company's stock.

V.F. Stock Up 3.0 %

Shares of NYSE VFC traded up $0.37 during mid-day trading on Friday, reaching $12.34. 20,000,628 shares of the company's stock traded hands, compared to its average volume of 8,988,534. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.23 and a quick ratio of 0.70. The business has a 50-day simple moving average of $13.29 and a 200 day simple moving average of $15.65. The stock has a market cap of $4.80 billion, a P/E ratio of -4.69, a PEG ratio of 1.43 and a beta of 1.49. V.F. has a 1-year low of $11.00 and a 1-year high of $21.17.

V.F. (NYSE:VFC - Get Free Report) last issued its quarterly earnings data on Wednesday, May 22nd. The textile maker reported ($0.32) EPS for the quarter, missing analysts' consensus estimates of $0.02 by ($0.34). V.F. had a positive return on equity of 12.18% and a negative net margin of 9.27%. The company had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.42 billion. During the same period in the prior year, the firm posted $0.17 earnings per share. The business's revenue for the quarter was down 13.4% on a year-over-year basis. On average, analysts expect that V.F. will post 1.31 EPS for the current fiscal year.

V.F. Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Monday, June 10th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 2.92%. The ex-dividend date is Monday, June 10th. V.F.'s dividend payout ratio (DPR) is presently -14.40%.

Analyst Ratings Changes

VFC has been the subject of a number of analyst reports. JPMorgan Chase & Co. lowered their price objective on V.F. from $16.00 to $12.00 and set a "neutral" rating for the company in a research report on Monday, April 8th. Robert W. Baird dropped their price target on shares of V.F. from $16.00 to $13.00 and set a "neutral" rating on the stock in a research report on Thursday. The Goldman Sachs Group decreased their price objective on shares of V.F. from $12.50 to $11.00 and set a "neutral" rating for the company in a research report on Thursday. Wedbush dropped their target price on shares of V.F. from $15.50 to $13.00 and set a "neutral" rating on the stock in a report on Tuesday. Finally, Williams Trading reiterated a "sell" rating on shares of V.F. in a report on Thursday, January 25th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, V.F. has a consensus rating of "Hold" and a consensus price target of $14.18.

V.F. Company Profile

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.