Hantz Financial Services Inc. Sells 142 Shares of PVH Corp. (NYSE:PVH)

Hantz Financial Services Inc. decreased its holdings in shares of PVH Corp. (NYSE:PVH) by 3.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,496 shares of the textile maker’s stock after selling 142 shares during the quarter. Hantz Financial Services Inc.’s holdings in PVH were worth $353,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PVH. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of PVH by 19.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 320,700 shares of the textile maker’s stock valued at $32,336,000 after purchasing an additional 52,735 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in PVH by 8.8% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 24,193 shares of the textile maker’s stock valued at $2,439,000 after acquiring an additional 1,947 shares during the period. FORA Capital LLC bought a new position in PVH in the 3rd quarter valued at about $623,000. Bridgewater Associates LP raised its holdings in PVH by 86.7% in the 3rd quarter. Bridgewater Associates LP now owns 157,248 shares of the textile maker’s stock valued at $15,855,000 after acquiring an additional 73,028 shares during the period. Finally, Qsemble Capital Management LP bought a new position in shares of PVH during the third quarter worth approximately $1,240,000. 97.25% of the stock is owned by institutional investors.

PVH Stock Performance

PVH stock opened at $108.37 on Monday. The business’s 50-day moving average price is $99.55 and its two-hundred day moving average price is $103.18. The stock has a market cap of $6.05 billion, a PE ratio of 8.60, a P/E/G ratio of 0.97 and a beta of 2.11. PVH Corp. has a 12-month low of $89.10 and a 12-month high of $141.15. The company has a quick ratio of 0.66, a current ratio of 1.24 and a debt-to-equity ratio of 0.32.

PVH Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Wednesday, November 27th will be paid a dividend of $0.0375 per share. The ex-dividend date is Wednesday, November 27th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.14%. PVH’s payout ratio is presently 1.19%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Telsey Advisory Group reiterated an “outperform” rating and set a $130.00 target price on shares of PVH in a research note on Wednesday, November 27th. Barclays lowered their price target on shares of PVH from $154.00 to $142.00 and set an “overweight” rating on the stock in a research report on Thursday, August 29th. BMO Capital Markets lowered their price target on shares of PVH from $119.00 to $106.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 28th. TD Cowen lowered their price objective on PVH from $149.00 to $135.00 and set a “buy” rating on the stock in a research note on Thursday, August 29th. Finally, The Goldman Sachs Group lowered their price objective on PVH from $144.00 to $124.00 and set a “buy” rating on the stock in a research note on Thursday, August 29th. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $126.53.

PVH Company Profile

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.