PVH Corp (NYSE:PVH) SVP Dana Perlman sold 1,054 shares of the stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $128.92, for a total value of $135,881.68. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

PVH stock opened at $132.20 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.71 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $9.93 billion, a price-to-earnings ratio of 13.77, a PEG ratio of 1.02 and a beta of 1.08. PVH Corp has a 12 month low of $86.46 and a 12 month high of $169.22.

PVH (NYSE:PVH) last posted its quarterly earnings results on Wednesday, March 27th. The textile maker reported $1.84 EPS for the quarter, beating the consensus estimate of $1.76 by $0.08. The firm had revenue of $2.48 billion during the quarter, compared to analysts’ expectations of $2.41 billion. PVH had a return on equity of 13.12% and a net margin of 7.73%. The company’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.58 EPS. As a group, analysts expect that PVH Corp will post 10.44 earnings per share for the current fiscal year.

PVH declared that its Board of Directors has initiated a share buyback program on Wednesday, March 27th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the textile maker to purchase up to 8.1% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 28th were issued a $0.0375 dividend. The ex-dividend date of this dividend was Wednesday, February 27th. This represents a $0.15 annualized dividend and a yield of 0.11%. PVH’s dividend payout ratio (DPR) is 1.56%.

Several institutional investors and hedge funds have recently modified their holdings of PVH. JPMorgan Chase & Co. raised its holdings in shares of PVH by 54.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,677,007 shares of the textile maker’s stock worth $964,158,000 after buying an additional 2,356,377 shares in the last quarter. Norges Bank acquired a new position in shares of PVH in the 4th quarter worth approximately $76,331,000. Deutsche Bank AG raised its holdings in shares of PVH by 175.6% in the 4th quarter. Deutsche Bank AG now owns 836,414 shares of the textile maker’s stock worth $77,739,000 after buying an additional 532,927 shares in the last quarter. FMR LLC raised its holdings in shares of PVH by 6.0% in the 4th quarter. FMR LLC now owns 6,756,096 shares of the textile maker’s stock worth $627,978,000 after buying an additional 384,943 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of PVH by 84.6% in the 3rd quarter. AQR Capital Management LLC now owns 777,222 shares of the textile maker’s stock worth $112,231,000 after buying an additional 356,158 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Several analysts recently weighed in on PVH shares. Wells Fargo & Co decreased their target price on PVH from $140.00 to $125.00 and set an “outperform” rating for the company in a research note on Wednesday, January 2nd. UBS Group upgraded PVH from a “neutral” rating to a “buy” rating and decreased their target price for the company from $170.00 to $145.00 in a research note on Monday, January 7th. ValuEngine upgraded PVH from a “strong sell” rating to a “sell” rating in a research note on Wednesday, January 9th. Royal Bank of Canada started coverage on PVH in a research note on Wednesday, January 9th. They set an “outperform” rating and a $122.00 target price for the company. Finally, Telsey Advisory Group restated an “outperform” rating and set a $145.00 target price (down previously from $155.00) on shares of PVH in a research note on Friday, January 11th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. PVH presently has an average rating of “Buy” and a consensus price target of $146.40.

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About PVH

PVH Corp. operates as an apparel company in North America and internationally. The company operates through six segments: Calvin Klein North America, Calvin Klein International, Tommy Hilfiger North America, Tommy Hilfiger International, Heritage Brands Wholesale, and Heritage Brands Retail. It designs, markets, and retails men's and women's apparel and accessories, including branded dress shirts, dresses, suits, neckwear, sportswear, jeans wear, performance and intimate apparel, underwear, swimwear, swim products, handbags, luggage products, footwear, golf apparel, sleepwear and loungewear, fragrances, cosmetics, skincare products and toiletries, socks and tights, jewelry, watches, outerwear, small leather goods, and furnishings, as well as other related products.

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Insider Buying and Selling by Quarter for PVH (NYSE:PVH)

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