First Mercantile Trust Co. Acquires Shares of 3,050 VF Corp (VFC)
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.
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.
WARNING: This story was published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this story on another site, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this story can be viewed at https://theolympiareport.com/2018/02/14/first-mercantile-trust-co-acquires-shares-of-3050-vf-corp-vfc.html.
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.
Want to see what other hedge funds are holding VFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VF Corp (NYSE:VFC).
Receive News & Ratings for VF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VF and related companies with MarketBeat.com's FREE daily email newsletter.