Roffman Miller Associates Inc. PA Sells 83,232 Shares of V.F. Co. (NYSE:VFC)

Roffman Miller Associates Inc. PA decreased its stake in shares of V.F. Co. (NYSE:VFC - Free Report) by 82.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 17,854 shares of the textile maker's stock after selling 83,232 shares during the quarter. Roffman Miller Associates Inc. PA's holdings in V.F. were worth $336,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. boosted its position in shares of V.F. by 48.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,098,812 shares of the textile maker's stock valued at $54,756,000 after acquiring an additional 1,004,583 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of V.F. by 559.7% during the 3rd quarter. Wellington Management Group LLP now owns 1,113,192 shares of the textile maker's stock valued at $19,670,000 after acquiring an additional 944,449 shares in the last quarter. FMR LLC boosted its position in shares of V.F. by 44.8% during the 3rd quarter. FMR LLC now owns 2,768,318 shares of the textile maker's stock valued at $48,916,000 after acquiring an additional 856,751 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC boosted its position in shares of V.F. by 220.0% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 1,045,497 shares of the textile maker's stock valued at $18,474,000 after acquiring an additional 718,772 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of V.F. by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 41,239,841 shares of the textile maker's stock valued at $728,708,000 after acquiring an additional 475,239 shares in the last quarter. Institutional investors own 86.84% of the company's stock.


V.F. Trading Up 0.2 %

Shares of VFC traded up $0.02 on Friday, reaching $12.64. 5,751,643 shares of the company's stock were exchanged, compared to its average volume of 9,188,810. 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 stock has a market capitalization of $4.91 billion, a P/E ratio of -6.42, a price-to-earnings-growth ratio of 1.45 and a beta of 1.47. The business has a 50 day moving average price of $14.55 and a two-hundred day moving average price of $16.18. V.F. Co. has a 12 month low of $11.91 and a 12 month high of $23.55.

V.F. (NYSE:VFC - Get Free Report) last posted its quarterly 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). The business had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $3.24 billion. V.F. had a positive return on equity of 19.03% and a negative net margin of 7.07%. The company's quarterly revenue was down 16.2% on a year-over-year basis. During the same period last year, the firm earned $1.12 earnings per share. Research analysts anticipate that V.F. Co. will post 1.1 earnings per share for the current year.

V.F. Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 11th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date of this dividend was Friday, March 8th. V.F.'s dividend payout ratio (DPR) is -18.27%.

Insider Buying and Selling

In other news, Director Juliana L. Chugg bought 11,301 shares of the stock in a transaction on Monday, February 12th. The stock was purchased at an average price of $17.55 per share, with a total value 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 purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, insider Bracken Darrell acquired 65,360 shares of the stock in a transaction dated Friday, February 9th. The stock was bought at an average price of $15.38 per share, with a total value of $1,005,236.80. Following the completion of the transaction, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Juliana L. Chugg acquired 11,301 shares of the stock in a transaction dated Monday, February 12th. The shares were bought at an average cost of $17.55 per share, with a total value of $198,332.55. Following the transaction, 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. 0.60% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages have recently weighed in on VFC. StockNews.com upgraded shares of V.F. from a "sell" rating to a "hold" rating in a research report on Thursday, February 8th. JPMorgan Chase & Co. reduced their price target on shares of V.F. from $16.00 to $12.00 and set a "neutral" rating on the stock in a research report on Monday, April 8th. The Goldman Sachs Group reduced their price target on shares of V.F. from $14.00 to $12.50 and set a "neutral" rating on the stock in a research report on Friday. Stifel Nicolaus restated a "buy" rating and issued a $22.00 price target on shares of V.F. in a research report on Tuesday, April 9th. Finally, Wedbush reduced their price target on shares of V.F. from $16.50 to $15.50 and set a "neutral" rating on the stock in a research report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $17.88.

View Our Latest Report on VFC

V.F. Profile

(Free Report)

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.

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Institutional Ownership by Quarter for V.F. (NYSE:VFC)

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