81,759 Shares in V.F. Co. (NYSE:VFC) Acquired by Galibier Capital Management Ltd.

Galibier Capital Management Ltd. purchased a new stake in shares of V.F. Co. (NYSE:VFC - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 81,759 shares of the textile maker's stock, valued at approximately $1,537,000. V.F. accounts for 0.4% of Galibier Capital Management Ltd.'s portfolio, making the stock its 20th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Lumature Wealth Partners LLC lifted its stake in shares of V.F. by 6.0% during the first quarter. Lumature Wealth Partners LLC now owns 4,153 shares of the textile maker's stock worth $236,000 after purchasing an additional 236 shares in the last quarter. Kinneret Advisory LLC lifted its stake in shares of V.F. by 2.3% during the first quarter. Kinneret Advisory LLC now owns 15,513 shares of the textile maker's stock worth $882,000 after purchasing an additional 347 shares in the last quarter. Capital Group International Inc. CA lifted its stake in shares of V.F. by 0.7% during the first quarter. Capital Group International Inc. CA now owns 57,335 shares of the textile maker's stock worth $3,260,000 after purchasing an additional 375 shares in the last quarter. Apollon Wealth Management LLC lifted its stake in shares of V.F. by 6.2% during the fourth quarter. Apollon Wealth Management LLC now owns 8,685 shares of the textile maker's stock worth $240,000 after purchasing an additional 506 shares in the last quarter. Finally, Panagora Asset Management Inc. lifted its stake in shares of V.F. by 1.7% during the second quarter. Panagora Asset Management Inc. now owns 30,879 shares of the textile maker's stock worth $589,000 after purchasing an additional 520 shares in the last quarter. Institutional investors and hedge funds own 86.84% of the company's stock.

Analyst Ratings Changes

VFC has been the topic of a number of recent research reports. Wells Fargo & Company reduced their price objective on V.F. from $17.00 to $14.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 7th. Telsey Advisory Group reiterated an "outperform" rating and issued a $22.00 price target on shares of V.F. in a research note on Tuesday, January 30th. The Goldman Sachs Group cut V.F. from a "buy" rating to a "neutral" rating and cut their price target for the stock from $19.00 to $14.00 in a research note on Wednesday, February 7th. Wedbush cut their price target on V.F. from $16.50 to $15.50 and set a "neutral" rating on the stock in a research note on Wednesday, February 7th. Finally, Williams Trading reiterated a "sell" rating on shares of V.F. in a research note on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $18.70.

V.F. Stock Performance

Shares of NYSE:VFC traded down $0.37 during trading on Wednesday, hitting $13.91. 8,080,796 shares of the company traded hands, compared to its average volume of 9,543,106. The stock has a market capitalization of $5.41 billion, a price-to-earnings ratio of -7.06, a PEG ratio of 1.66 and a beta of 1.47. The business's fifty day moving average is $15.86 and its 200-day moving average is $16.67. V.F. Co. has a one year low of $12.85 and a one year high of $23.58. The company has a quick ratio of 0.70, a current ratio of 1.23 and a debt-to-equity ratio of 2.25.

V.F. (NYSE:VFC - Get Free Report) last posted 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 negative net margin of 7.07% and a positive return on equity of 19.03%. The firm's revenue for the quarter was down 16.2% compared to the same quarter last year. During the same period last year, the company posted $1.12 earnings per share. As a group, equities analysts predict that V.F. Co. will post 1.11 earnings per share for the current fiscal year.

V.F. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 11th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 2.59%. The ex-dividend date was Friday, March 8th. V.F.'s dividend payout ratio (DPR) is presently -18.27%.

Insider Activity

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

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.