First Mercantile Trust Co. acquired a new position in VF Corp (NYSE:VFC) during the fourth quarter, HoldingsChannel reports. The firm acquired 3,050 shares of the textile maker’s stock, valued at approximately $226,000.

Other large investors have also added to or reduced their stakes in the company. Cerebellum GP LLC acquired a new stake in shares of VF in the fourth quarter worth $131,000. Carroll Financial Associates Inc. increased its stake in shares of VF by 368.3% in the fourth quarter. Carroll Financial Associates Inc. now owns 2,051 shares of the textile maker’s stock worth $151,000 after acquiring an additional 1,613 shares during the period. IFG Advisory LLC acquired a new stake in shares of VF in the fourth quarter worth $774,000. Alps Advisors Inc. acquired a new stake in shares of VF in the fourth quarter worth $205,000. Finally, Investment Partners Ltd. OH ADV acquired a new stake in shares of VF in the fourth quarter worth $207,000.

VF Corp (NYSE:VFC) opened at $82.11 on Wednesday. The company has a current ratio of 1.47, a quick ratio of 0.97 and a debt-to-equity ratio of 0.54. The stock has a market cap of $32,450.00, a price-to-earnings ratio of 34.07, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91. VF Corp has a twelve month low of $49.93 and a twelve month high of $82.95.

VFC has been the topic of several analyst reports. Guggenheim restated a “buy” rating and set a $84.00 price target on shares of VF in a research report on Wednesday, January 10th. Canaccord Genuity set a $81.00 price target on shares of VF and gave the company a “buy” rating in a research report on Thursday, October 19th. Robert W. Baird restated an “average” rating and set a $84.00 price target on shares of VF in a research report on Wednesday, January 3rd. Stifel Nicolaus set a $78.00 price target on shares of VF and gave the company a “hold” rating in a research report on Saturday, December 16th. Finally, Morgan Stanley raised their price target on shares of VF from $61.00 to $67.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 24th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $72.38.

In other VF news, VP Scott H. Baxter sold 39,694 shares of the stock in a transaction on Monday, November 20th. The shares were sold at an average price of $71.50, for a total transaction of $2,838,121.00. Following the transaction, the vice president now directly owns 112,202 shares of the company’s stock, valued at $8,022,443. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Scott H. Baxter sold 89,822 shares of the stock in a transaction on Friday, November 17th. The shares were sold at an average price of $71.14, for a total transaction of $6,389,937.08. Following the transaction, the vice president now directly owns 127,844 shares in the company, valued at $9,094,822.16. The disclosure for this sale can be found here. Company insiders own 1.60% of the company’s stock.

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About VF

V.F. Corporation (VF) is engaged in the design, production, procurement, marketing and distribution of branded lifestyle apparel, footwear and related products. The Company’s segments include Outdoor & Action Sports, Jeanswear, Imagewear and Sportswear. Its Outdoor & Action Sports Coalition is a group of authentic outdoor and activity-based lifestyle brands.

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Institutional Ownership by Quarter for VF (NYSE:VFC)

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