B. Riley assumed coverage on shares of PVH (NYSE:PVH) in a report issued on Friday, Marketbeat.com reports. The brokerage issued a buy rating and a $155.00 price target on the textile maker’s stock.

Several other analysts have also recently issued reports on PVH. Credit Suisse Group set a $149.00 price objective on PVH and gave the stock a buy rating in a report on Thursday, August 24th. Cowen set a $150.00 price objective on PVH and gave the stock a buy rating in a report on Monday, November 27th. Zacks Investment Research raised PVH from a hold rating to a buy rating and set a $143.00 price objective on the stock in a report on Thursday, September 14th. Wells Fargo & Co upped their price objective on PVH from $126.00 to $138.00 and gave the stock an outperform rating in a report on Thursday, August 24th. Finally, Piper Jaffray Companies reaffirmed a buy rating and set a $148.00 price objective on shares of PVH in a report on Wednesday, November 1st. Five analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of $145.44.

PVH (NYSE PVH) opened at $135.60 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.82 and a debt-to-equity ratio of 0.61. PVH has a twelve month low of $84.53 and a twelve month high of $139.51. The company has a market capitalization of $10,432.39, a P/E ratio of 20.18, a P/E/G ratio of 1.33 and a beta of 0.61.

PVH (NYSE:PVH) last posted its quarterly earnings results on Wednesday, November 29th. The textile maker reported $3.02 EPS for the quarter, topping the Zacks’ consensus estimate of $2.91 by $0.11. PVH had a return on equity of 11.95% and a net margin of 6.22%. The company had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the previous year, the firm earned $2.60 EPS. The firm’s revenue was up 5.0% compared to the same quarter last year. analysts anticipate that PVH will post 7.81 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 20th. Investors of record on Wednesday, November 22nd were issued a dividend of $0.038 per share. The ex-dividend date was Tuesday, November 21st. This represents a $0.15 annualized dividend and a yield of 0.11%. PVH’s payout ratio is presently 2.23%.

In related news, insider Melanie Steiner sold 320 shares of the stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $136.99, for a total transaction of $43,836.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Emanuel Chirico sold 370,327 shares of the stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $132.56, for a total value of $49,090,547.12. The disclosure for this sale can be found here. Insiders have sold a total of 375,199 shares of company stock worth $49,749,053 in the last 90 days. 1.30% of the stock is currently owned by insiders.

A number of large investors have recently added to or reduced their stakes in PVH. Advisors Asset Management Inc. grew its position in PVH by 28.2% in the 2nd quarter. Advisors Asset Management Inc. now owns 927 shares of the textile maker’s stock valued at $106,000 after acquiring an additional 204 shares during the last quarter. YorkBridge Wealth Partners LLC bought a new position in PVH in the 3rd quarter valued at $108,000. Fiduciary Trust Co. bought a new position in PVH in the 2nd quarter valued at $138,000. Penserra Capital Management LLC grew its position in PVH by 24.7% in the 2nd quarter. Penserra Capital Management LLC now owns 1,664 shares of the textile maker’s stock valued at $190,000 after acquiring an additional 330 shares during the last quarter. Finally, Cadence Capital Management LLC bought a new position in PVH in the 2nd quarter valued at $200,000. Institutional investors own 93.80% of the company’s stock.

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About PVH

PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.

Analyst Recommendations for PVH (NYSE:PVH)

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