DekaBank Deutsche Girozentrale Acquires 158,899 Shares of V.F. Co. (NYSE:VFC)

DekaBank Deutsche Girozentrale increased its position in shares of V.F. Co. (NYSE:VFC - Free Report) by 115.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 296,041 shares of the textile maker's stock after purchasing an additional 158,899 shares during the quarter. DekaBank Deutsche Girozentrale owned 0.08% of V.F. worth $5,599,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wolff Wiese Magana LLC increased its position 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 in the last quarter. International Assets Investment Management LLC purchased a new position in V.F. during the third quarter worth $27,000. CKW Financial Group purchased a new position in V.F. during the third quarter worth $30,000. PCA Investment Advisory Services Inc. purchased a new position in V.F. during the second quarter worth $31,000. Finally, Allworth Financial LP grew its position 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 valued at $34,000 after purchasing an additional 958 shares during the period. 86.84% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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. In other V.F. news, insider Bracken Darrell bought 65,360 shares of V.F. stock in a transaction dated Friday, February 9th. The stock was bought at an average price of $15.38 per share, for a total transaction of $1,005,236.80. Following the completion of the acquisition, the insider now directly owns 144,281 shares of the company's stock, valued at $2,219,041.78. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Juliana L. Chugg bought 11,301 shares of V.F. stock in a transaction dated 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 acquisition, the director now directly owns 26,301 shares of the company's stock, valued at $461,582.55. The disclosure for this purchase can be found here. Corporate insiders own 0.60% of the company's stock.

V.F. Stock Down 7.8 %

Shares of VFC traded down $1.02 during midday trading on Friday, reaching $12.11. 15,922,768 shares of the company were exchanged, compared to its average volume of 9,452,200. The company has a current ratio of 1.23, a quick ratio of 0.70 and a debt-to-equity ratio of 2.25. V.F. Co. has a 1-year low of $12.02 and a 1-year high of $23.58. The stock has a 50-day moving average price of $15.30 and a 200-day moving average price of $16.46. The company has a market cap of $4.71 billion, a price-to-earnings ratio of -6.15, a P/E/G ratio of 1.47 and a beta of 1.47.

V.F. (NYSE:VFC - Get Free Report) last issued its quarterly earnings data on Tuesday, February 6th. The textile maker reported $0.57 earnings per share (EPS) 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 business had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.24 billion. During the same period last year, the company earned $1.12 earnings per share. The business's quarterly revenue was down 16.2% compared to the same quarter last year. Research analysts expect that V.F. Co. will post 1.11 earnings per share for the current year.

V.F. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 11th were issued a $0.09 dividend. 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 (DPR) is -18.27%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Stifel Nicolaus reaffirmed a "buy" rating and issued a $22.00 price objective on shares of V.F. in a research report on Tuesday. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $22.00 price objective on shares of V.F. in a research report on Tuesday, January 30th. StockNews.com raised V.F. from a "sell" rating to a "hold" rating in a research report on Thursday, February 8th. Wedbush lowered their price objective on V.F. from $16.50 to $15.50 and set a "neutral" rating for the company in a research report on Wednesday, February 7th. Finally, 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. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $17.97.

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.