Investors sold shares of Coach Inc. (NYSE:COH) on strength during trading on Friday. $16.37 million flowed into the stock on the tick-up and $97.95 million flowed out of the stock on the tick-down, for a money net flow of $81.58 million out of the stock. Of all companies tracked, Coach had the 0th highest net out-flow for the day. Coach traded up $0.31 for the day and closed at $43.11

A number of brokerages have recently issued reports on COH. Cowen and Company restated a “buy” rating on shares of Coach in a research report on Saturday, April 23rd. Argus reaffirmed a “hold” rating on shares of Coach in a report on Saturday, May 14th. Jefferies Group reaffirmed a “buy” rating on shares of Coach in a report on Sunday, May 22nd. KeyCorp increased their price target on Coach to $46.00 in a report on Friday, April 8th. Finally, Vetr raised Coach from a “strong sell” rating to a “hold” rating and set a $39.55 price target for the company in a report on Wednesday, June 1st. Two analysts have rated the stock with a sell rating, twenty-one have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $41.16.

The stock’s 50-day moving average price is $40.82 and its 200 day moving average price is $38.69. The firm has a market cap of $11.99 billion and a P/E ratio of 30.75.

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 5th. Shareholders of record on Friday, June 3rd were given a $0.3375 dividend. This represents a $1.35 annualized dividend and a yield of 3.13%. The ex-dividend date was Wednesday, June 1st.

In other Coach news, Director Jide James Zeitlin sold 3,206 shares of the company’s stock in a transaction dated Tuesday, June 14th. The stock was sold at an average price of $37.32, for a total value of $119,647.92. Following the transaction, the director now directly owns 57,717 shares of the company’s stock, valued at approximately $2,153,998.44. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Susan J. Kropf sold 5,330 shares of the company’s stock in a transaction dated Tuesday, May 3rd. The stock was sold at an average price of $40.81, for a total value of $217,517.30. Following the completion of the transaction, the director now directly owns 37,845 shares in the company, valued at $1,544,454.45. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Coach by 3.6% in the fourth quarter. Vanguard Group Inc. now owns 23,403,413 shares of the luxury accessories retailer’s stock valued at $765,993,000 after buying an additional 818,940 shares during the last quarter. Mizuho Trust & Banking Co. Ltd. raised its position in shares of Coach by 1.0% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 414,843 shares of the luxury accessories retailer’s stock valued at $13,553,000 after buying an additional 4,217 shares during the last quarter. Gulf International Bank UK Ltd raised its position in shares of Coach by 4.1% in the fourth quarter. Gulf International Bank UK Ltd now owns 81,097 shares of the luxury accessories retailer’s stock valued at $2,654,000 after buying an additional 3,170 shares during the last quarter. Cornerstone Capital Management Holdings LLC. raised its position in shares of Coach by 111.3% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 407,344 shares of the luxury accessories retailer’s stock valued at $13,332,000 after buying an additional 214,579 shares during the last quarter. Finally, Bank of Montreal Can raised its position in shares of Coach by 3.1% in the fourth quarter. Bank of Montreal Can now owns 1,322,430 shares of the luxury accessories retailer’s stock valued at $43,284,000 after buying an additional 39,812 shares during the last quarter.

Coach, Inc (Coach) is a design house of modern luxury accessories and lifestyle collections. The Company operates through three segments: North America, which includes sales to North American consumers through Coach-branded stores (including the Internet) and sales to wholesale customers; International segment, which includes sales to consumers through Coach-branded stores (including the Internet) and concession shop-in-shops in Japan and mainland China, Coach-operated stores and concession shop-in-shops in Hong Kong, Macau, Singapore, Taiwan, Malaysia, South Korea, the United Kingdom, France, Ireland, Spain, Portugal, Germany, Italy, Belgium and the Netherlands, as well as sales to wholesale customers and distributors in approximately 45 countries, and Other segment, which consists of sales and expenses generated by the Coach brand in other ancillary channels, including licensing and disposition.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.