VF Corp (VFC) Holdings Trimmed by Bessemer Group Inc.
Bessemer Group Inc. cut its holdings in shares of VF Corp (NYSE:VFC) by 31.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,056 shares of the textile maker’s stock after selling 6,503 shares during the period. Bessemer Group Inc.’s holdings in VF were worth $1,040,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in VF 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 acquiring an additional 3,372 shares in the last quarter. Cerebellum GP LLC bought a new position in VF during the fourth quarter worth about $131,000. Carroll Financial Associates Inc. lifted its holdings in VF by 368.3% during the fourth quarter. Carroll Financial Associates Inc. now owns 2,051 shares of the textile maker’s stock worth $151,000 after acquiring an additional 1,613 shares in the last quarter. WASHINGTON TRUST Co bought a new position in VF during the third quarter worth about $210,000. Finally, Dorsey & Whitney Trust CO LLC bought a new position in VF during the third quarter worth about $215,000.
In related news, VP Scott H. Baxter sold 39,694 shares of the company’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $71.50, for a total transaction of $2,838,121.00. Following the sale, the vice president now owns 112,202 shares in the company, valued at $8,022,443. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert J/Ny Hurst sold 9,000 shares of the company’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $70.14, for a total value of $631,260.00. Following the sale, the director now owns 197,740 shares in the company, valued at approximately $13,869,483.60. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 138,516 shares of company stock worth $9,859,318. Corporate insiders own 1.60% of the company’s stock.
Shares of VF Corp (NYSE:VFC) opened at $78.75 on Friday. The company has a market capitalization of $31,359.03, a PE ratio of 33.23, a PEG ratio of 2.22 and a beta of 0.90. VF Corp has a twelve month low of $49.06 and a twelve month high of $82.95. The company has a quick ratio of 0.97, a current ratio of 1.47 and a debt-to-equity ratio of 0.54.
TRADEMARK VIOLATION WARNING: This report was first published by Daily Political and is owned by of Daily Political. If you are reading this report on another website, it was illegally stolen and reposted in violation of United States and international trademark and copyright laws. The legal version of this report can be read at https://www.dailypolitical.com/2018/02/09/vf-corp-vfc-holdings-trimmed-by-bessemer-group-inc.html.
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.
Want to see what other hedge funds are holding VFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VF Corp (NYSE:VFC).
Receive News & Ratings for VF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VF and related companies with MarketBeat.com's FREE daily email newsletter.