PVH Corp. (NYSE:PVH) Shares Bought by Voya Investment Management LLC

Voya Investment Management LLC grew its position in shares of PVH Corp. (NYSE:PVH - Free Report) by 29.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 679,762 shares of the textile maker's stock after purchasing an additional 154,295 shares during the period. Voya Investment Management LLC owned approximately 1.22% of PVH worth $71,885,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Barclays PLC boosted its holdings in PVH by 71.3% during the 3rd quarter. Barclays PLC now owns 60,495 shares of the textile maker's stock valued at $6,097,000 after acquiring an additional 25,174 shares during the period. Franklin Resources Inc. boosted its stake in shares of PVH by 5.9% in the third quarter. Franklin Resources Inc. now owns 276,415 shares of the textile maker's stock valued at $26,942,000 after purchasing an additional 15,483 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of PVH by 82.2% in the third quarter. JPMorgan Chase & Co. now owns 253,666 shares of the textile maker's stock valued at $25,577,000 after purchasing an additional 114,430 shares in the last quarter. GAMMA Investing LLC increased its stake in PVH by 36.0% during the 4th quarter. GAMMA Investing LLC now owns 487 shares of the textile maker's stock worth $52,000 after buying an additional 129 shares during the period. Finally, Central Pacific Bank Trust Division lifted its holdings in PVH by 15.9% during the 4th quarter. Central Pacific Bank Trust Division now owns 1,750 shares of the textile maker's stock worth $185,000 after buying an additional 240 shares in the last quarter. 97.25% of the stock is currently owned by hedge funds and other institutional investors.

PVH Price Performance

PVH stock traded down $2.07 on Wednesday, reaching $67.80. 248,258 shares of the company's stock were exchanged, compared to its average volume of 951,338. The stock has a fifty day moving average of $69.49 and a 200-day moving average of $88.41. The firm has a market cap of $3.57 billion, a PE ratio of 5.52, a P/E/G ratio of 0.77 and a beta of 1.89. The company has a quick ratio of 0.69, a current ratio of 1.29 and a debt-to-equity ratio of 0.31. PVH Corp. has a twelve month low of $59.28 and a twelve month high of $124.68.

PVH (NYSE:PVH - Get Free Report) last released its quarterly earnings data on Monday, March 31st. The textile maker reported $3.27 earnings per share for the quarter, beating the consensus estimate of $3.19 by $0.08. PVH had a return on equity of 13.66% and a net margin of 8.13%. The firm had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same period last year, the business posted $3.72 EPS. PVH's quarterly revenue was down 4.8% on a year-over-year basis. As a group, equities analysts predict that PVH Corp. will post 11.67 EPS for the current fiscal year.

PVH Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th were issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.22%. The ex-dividend date of this dividend was Wednesday, March 5th. PVH's dividend payout ratio (DPR) is presently 1.42%.

Analyst Ratings Changes

PVH has been the subject of several research reports. Telsey Advisory Group restated an "outperform" rating and issued a $90.00 price target on shares of PVH in a research note on Tuesday, April 1st. Citigroup restated a "neutral" rating and set a $68.00 target price (down from $83.00) on shares of PVH in a research note on Monday, April 7th. StockNews.com lowered shares of PVH from a "buy" rating to a "hold" rating in a report on Friday, April 18th. Barclays dropped their target price on PVH from $103.00 to $87.00 and set an "overweight" rating on the stock in a report on Monday. Finally, Wells Fargo & Company lowered their price objective on PVH from $95.00 to $85.00 and set an "equal weight" rating for the company in a research report on Wednesday. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, PVH has an average rating of "Moderate Buy" and a consensus price target of $103.00.

PVH Profile

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.