Aidan O’meara Sells 5,000 Shares of V.F. Corporation (VFC) Stock
V.F. Corporation (NYSE:VFC) VP Aidan O’meara sold 5,000 shares of the company’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $69.97, for a total value of $349,850.00. Following the sale, the vice president now owns 96,344 shares of the company’s stock, valued at $6,741,189.68. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Aidan O’meara also recently made the following trade(s):
- On Friday, August 18th, Aidan O’meara sold 29,336 shares of V.F. Corporation stock. The stock was sold at an average price of $62.54, for a total value of $1,834,673.44.
Shares of V.F. Corporation (VFC) opened at $69.92 on Wednesday. V.F. Corporation has a one year low of $48.05 and a one year high of $71.95. The company has a market capitalization of $27,530.04, a P/E ratio of 22.92, a P/E/G ratio of 2.36 and a beta of 0.79. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.97 and a current ratio of 1.47.
V.F. Corporation (NYSE:VFC) last released its earnings results on Monday, October 23rd. The textile maker reported $1.23 EPS for the quarter, topping the consensus estimate of $1.12 by $0.11. V.F. Corporation had a return on equity of 29.22% and a net margin of 8.24%. The business had revenue of $3.51 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter last year, the firm posted $1.20 earnings per share. The firm’s revenue was up 5.4% on a year-over-year basis. analysts forecast that V.F. Corporation will post 3.03 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 18th. Investors of record on Friday, December 8th will be paid a dividend of $0.46 per share. The ex-dividend date is Thursday, December 7th. This represents a $1.84 annualized dividend and a yield of 2.63%. This is a boost from V.F. Corporation’s previous quarterly dividend of $0.42. V.F. Corporation’s dividend payout ratio (DPR) is currently 70.89%.
COPYRIGHT VIOLATION WARNING: This article was first reported by Daily Political and is owned by of Daily Political. If you are accessing this article on another site, it was stolen and reposted in violation of US & international copyright & trademark law. The legal version of this article can be viewed at https://www.dailypolitical.com/2017/11/15/aidan-omeara-sells-5000-shares-of-v-f-corporation-vfc-stock.html.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Orrstown Financial Services Inc. grew its stake in V.F. Corporation by 9.2% during the second quarter. Orrstown Financial Services Inc. now owns 1,780 shares of the textile maker’s stock worth $103,000 after purchasing an additional 150 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its stake in V.F. Corporation by 44.2% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 11,000 shares of the textile maker’s stock worth $111,000 after purchasing an additional 3,372 shares during the period. Ronald Blue & Co. LLC acquired a new stake in V.F. Corporation during the second quarter worth approximately $203,000. WASHINGTON TRUST Co acquired a new stake in V.F. Corporation during the third quarter worth approximately $210,000. Finally, Dorsey & Whitney Trust CO LLC acquired a new stake in V.F. Corporation during the third quarter worth approximately $215,000.
VFC has been the subject of several recent analyst reports. Cowen and Company set a $69.00 price objective on V.F. Corporation and gave the stock a “hold” rating in a research report on Monday, October 23rd. UBS AG restated a “buy” rating and set a $77.00 price objective (up from $66.00) on shares of V.F. Corporation in a research report on Tuesday, October 24th. Pivotal Research initiated coverage on V.F. Corporation in a research report on Thursday, October 5th. They set a “buy” rating and a $75.00 price objective for the company. Stifel Nicolaus restated a “hold” rating and set a $60.00 price objective on shares of V.F. Corporation in a research report on Wednesday, October 4th. Finally, Macquarie reiterated an “outperform” rating and issued a $70.00 target price (up from $69.00) on shares of V.F. Corporation in a research report on Tuesday, July 25th. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have issued a buy rating to the stock. V.F. Corporation has a consensus rating of “Hold” and a consensus target price of $65.45.
About V.F. Corporation
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.
Receive News & Ratings for V.F. Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for V.F. Corporation and related companies with MarketBeat.com's FREE daily email newsletter.