Deutsche Bank AG Acquires 168,465 Shares of V.F. Co. (NYSE:VFC)

Deutsche Bank AG increased its stake in V.F. Co. (NYSE:VFC - Free Report) by 11.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,581,532 shares of the textile maker's stock after purchasing an additional 168,465 shares during the period. Deutsche Bank AG owned 0.41% of V.F. worth $27,946,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of VFC. Prudential PLC raised its position in shares of V.F. by 20.6% during the 3rd quarter. Prudential PLC now owns 23,864 shares of the textile maker's stock valued at $422,000 after acquiring an additional 4,070 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of V.F. by 43.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 299,024 shares of the textile maker's stock valued at $5,708,000 after acquiring an additional 90,200 shares during the last quarter. Nordea Investment Management AB raised its position in shares of V.F. by 3.0% during the 3rd quarter. Nordea Investment Management AB now owns 27,478 shares of the textile maker's stock valued at $486,000 after acquiring an additional 812 shares during the last quarter. Compagnie Lombard Odier SCmA raised its position in shares of V.F. by 41.8% during the 3rd quarter. Compagnie Lombard Odier SCmA now owns 453,543 shares of the textile maker's stock valued at $8,014,000 after acquiring an additional 133,624 shares during the last quarter. Finally, Handelsinvest Investeringsforvaltning bought a new stake in shares of V.F. in the 3rd quarter valued at $4,948,000. Institutional investors own 80.81% of the company's stock.

V.F. Trading Down 2.6 %

Shares of NYSE:VFC traded down $0.39 during mid-day trading on Monday, reaching $14.39. 7,506,032 shares of the company's stock were exchanged, compared to its average volume of 8,687,962. The firm has a market capitalization of $5.60 billion, a price-to-earnings ratio of -7.30, a PEG ratio of 1.99 and a beta of 1.48. The business's fifty day moving average price is $16.21 and its 200-day moving average price is $17.00. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.70 and a current ratio of 1.23. V.F. Co. has a twelve month low of $12.85 and a twelve month high of $23.58.

V.F. (NYSE:VFC - Get Free Report) last announced its earnings results on Tuesday, February 6th. The textile maker reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $3.24 billion. During the same period in the prior year, the business earned $1.12 EPS. V.F.'s quarterly revenue was down 16.2% on a year-over-year basis. On average, research analysts predict that V.F. Co. will post 1.11 EPS for the current fiscal year.

V.F. Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 20th. Shareholders of record on Monday, March 11th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend is Friday, March 8th. V.F.'s dividend payout ratio (DPR) is currently -18.27%.

Analysts Set New Price Targets

A number of research firms recently commented on VFC. Telsey Advisory Group restated an "outperform" rating and issued a $22.00 price objective on shares of V.F. in a research report on Tuesday, January 30th. Williams Trading restated a "sell" rating on shares of V.F. in a research report on Thursday, January 25th. UBS Group lowered their price objective on shares of V.F. from $19.00 to $18.00 and set a "neutral" rating for the company in a research report on Monday, February 5th. Stifel Nicolaus lowered their price objective on shares of V.F. from $24.00 to $22.00 and set a "buy" rating for the company in a research report on Wednesday, February 7th. Finally, The Goldman Sachs Group lowered shares of V.F. from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $19.00 to $14.00 in a research note on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, V.F. presently has an average rating of "Hold" and a consensus target price of $18.70.

Insider Buying and Selling at V.F.

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