VF Corporation (NYSE:VFC) Short Interest Update

VF Corporation (NYSE:VFC - Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 27,080,000 shares, a growth of 20.3% from the March 31st total of 22,510,000 shares. Based on an average trading volume of 9,760,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 7.4% of the shares of the stock are short sold.

Institutional Trading of VF

A number of institutional investors have recently bought and sold shares of VFC. GAMMA Investing LLC grew its position in VF by 1,355.2% during the first quarter. GAMMA Investing LLC now owns 404,405 shares of the textile maker's stock worth $6,276,000 after buying an additional 376,615 shares in the last quarter. Segall Bryant & Hamill LLC grew its holdings in shares of VF by 5.8% during the 4th quarter. Segall Bryant & Hamill LLC now owns 3,874,781 shares of the textile maker's stock worth $83,153,000 after purchasing an additional 211,440 shares in the last quarter. Rhumbline Advisers increased its position in shares of VF by 11.0% in the first quarter. Rhumbline Advisers now owns 928,753 shares of the textile maker's stock worth $14,414,000 after purchasing an additional 92,174 shares during the period. TB Alternative Assets Ltd. acquired a new position in VF in the fourth quarter valued at about $1,878,000. Finally, Amalgamated Bank lifted its position in VF by 46.2% during the first quarter. Amalgamated Bank now owns 152,410 shares of the textile maker's stock worth $2,365,000 after purchasing an additional 48,151 shares during the period. Institutional investors own 86.84% of the company's stock.

VF Stock Up 5.0 %

VFC traded up $0.61 on Friday, hitting $12.77. 7,729,504 shares of the company were exchanged, compared to its average volume of 7,834,209. The company has a market cap of $4.97 billion, a PE ratio of -10.73, a PEG ratio of 6.77 and a beta of 1.57. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.00 and a current ratio of 1.56. VF has a 12 month low of $9.41 and a 12 month high of $29.02. The stock's fifty day moving average is $15.01 and its 200-day moving average is $19.65.

VF (NYSE:VFC - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The textile maker reported $0.62 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.28. VF had a positive return on equity of 14.86% and a negative net margin of 4.63%. During the same quarter in the prior year, the firm earned $0.57 EPS. Equities research analysts predict that VF will post 0.73 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on VFC shares. Needham & Company LLC reissued a "buy" rating and issued a $28.00 price objective on shares of VF in a research note on Friday, March 7th. Truist Financial restated a "hold" rating and set a $24.00 price objective (up previously from $20.00) on shares of VF in a research report on Thursday, January 30th. Jefferies Financial Group increased their target price on shares of VF from $21.00 to $24.00 and gave the company a "hold" rating in a research note on Tuesday, January 28th. Telsey Advisory Group restated a "market perform" rating and issued a $27.00 price target on shares of VF in a research report on Friday, March 7th. Finally, OTR Global raised VF from a "mixed" rating to a "positive" rating in a research note on Friday, January 10th. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, VF currently has a consensus rating of "Hold" and an average price target of $21.40.

About VF

VF Corp. engages in the business of producing and marketing apparel, footwear, and accessories. It operates through the following segments: Outdoor, Active, Work, and Other. The Outdoor segment includes authentic outdoor-based lifestyle brands such as performance-based and outdoor apparel, footwear, and equipment.

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