V.F. Corporation (VFC) Shares Sold by Kopp Investment Advisors LLC
Kopp Investment Advisors LLC cut its stake in shares of V.F. Corporation (NYSE:VFC) by 5.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,857 shares of the company’s stock after selling 680 shares during the period. Kopp Investment Advisors LLC’s holdings in V.F. Corporation were worth $633,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Parallel Advisors LLC bought a new stake in V.F. Corporation during the fourth quarter valued at $100,000. Amica Retiree Medical Trust bought a new stake in V.F. Corporation during the third quarter valued at $128,000. Jacobus Wealth Management Inc. bought a new stake in V.F. Corporation during the third quarter valued at $129,000. Trust Co. of Vermont increased its stake in V.F. Corporation by 3.8% in the third quarter. Trust Co. of Vermont now owns 3,572 shares of the company’s stock valued at $200,000 after buying an additional 132 shares during the period. Finally, WASHINGTON TRUST Co bought a new stake in V.F. Corporation during the second quarter valued at $203,000.
V.F. Corporation (NYSE:VFC) traded down 0.30% during mid-day trading on Thursday, reaching $50.37. 7,015,040 shares of the company’s stock traded hands. V.F. Corporation has a 12-month low of $48.05 and a 12-month high of $67.10. The company has a market cap of $20.84 billion, a P/E ratio of 19.12 and a beta of 0.81. The stock has a 50 day moving average of $51.51 and a 200 day moving average of $55.94.
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Several equities research analysts have weighed in on VFC shares. Canaccord Genuity set a $68.00 price target on shares of V.F. Corporation and gave the company a “buy” rating in a research note on Wednesday, October 19th. Piper Jaffray Companies set a $63.00 target price on shares of V.F. Corporation and gave the stock a “buy” rating in a research report on Wednesday, October 19th. Deutsche Bank AG decreased their target price on shares of V.F. Corporation from $67.00 to $63.00 and set a “buy” rating for the company in a research report on Wednesday, October 19th. Vetr downgraded shares of V.F. Corporation from a “strong-buy” rating to a “buy” rating and set a $58.67 target price for the company. in a research report on Tuesday, January 24th. Finally, TheStreet downgraded shares of V.F. Corporation from a “b-” rating to a “c+” rating in a research report on Wednesday, January 11th. Three investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eight have given a buy rating to the company’s stock. V.F. Corporation currently has a consensus rating of “Hold” and an average price target of $61.71.
In other V.F. Corporation news, Director Bedout Juan Ernesto De sold 6,000 shares of the firm’s stock in a transaction dated Friday, December 2nd. The shares were sold at an average price of $56.21, for a total transaction of $337,260.00. Following the completion of the sale, the director now directly owns 29,970 shares in the company, valued at approximately $1,684,613.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert J/Ny Hurst sold 23,200 shares of the firm’s stock in a transaction dated Thursday, December 1st. The shares were sold at an average price of $55.96, for a total transaction of $1,298,272.00. Following the sale, the director now owns 222,170 shares of the company’s stock, valued at $12,432,633.20. The disclosure for this sale can be found here. 1.70% of the stock is currently owned by company insiders.
V.F. Corporation Company Profile
V.F. Corporation (VF) is engaged in the design, manufacturing, marketing and distribution of branded lifestyle apparel, footwear and related products. The Company’s segments include Outdoor & Action Sports, Jeanswear, Imagewear, Sportswear, Contemporary Brands and Other. The Company owns a portfolio of brands in the outerwear, footwear, denim, backpack, luggage, accessory, sportswear, occupational and performance apparel categories.
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