Biondo Investment Advisors LLC increased its holdings in VF Corp (NYSE:VFC) by 1.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 95,118 shares of the textile maker’s stock after acquiring an additional 1,330 shares during the quarter. VF comprises approximately 1.8% of Biondo Investment Advisors LLC’s portfolio, making the stock its 15th biggest position. Biondo Investment Advisors LLC’s holdings in VF were worth $7,039,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. lifted its stake in VF by 44.2% in 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 during the period. Cerebellum GP LLC purchased a new position in VF during the fourth quarter valued at $131,000. Carroll Financial Associates Inc. lifted its position in VF by 368.3% during the fourth quarter. Carroll Financial Associates Inc. now owns 2,051 shares of the textile maker’s stock valued at $151,000 after buying an additional 1,613 shares during the period. Alps Advisors Inc. purchased a new position in VF during the fourth quarter valued at $205,000. Finally, Investment Partners Ltd. OH ADV purchased a new position in VF during the fourth quarter valued at $207,000.

In other news, VP Scott H. Baxter sold 39,694 shares of the firm’s stock in a transaction on 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 completion of the transaction, the vice president now directly owns 112,202 shares in the company, valued at $8,022,443. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert J/Ny Hurst sold 9,000 shares of the firm’s stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $70.14, for a total value of $631,260.00. Following the transaction, the director now owns 197,740 shares of the company’s stock, valued at $13,869,483.60. The disclosure for this sale can be found here. Insiders have sold 138,516 shares of company stock valued at $9,859,318 over the last 90 days. Corporate insiders own 1.60% of the company’s stock.

Several equities analysts have commented on VFC shares. Guggenheim reissued a “buy” rating and set a $84.00 price objective on shares of VF in a research report on Wednesday, January 10th. Canaccord Genuity set a $81.00 price objective on VF and gave the company a “buy” rating in a research report on Thursday, October 19th. Robert W. Baird reissued an “average” rating and set a $84.00 price objective on shares of VF in a research report on Wednesday, January 3rd. Stifel Nicolaus set a $78.00 price objective on VF and gave the company a “hold” rating in a research report on Saturday, December 16th. Finally, Piper Jaffray Companies raised their price objective on VF to $70.00 and gave the company a “neutral” rating in a research report on Tuesday, October 24th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $71.76.

VF Corp (NYSE:VFC) opened at $79.32 on Friday. VF Corp has a twelve month low of $49.06 and a twelve month high of $82.95. The company has a current ratio of 1.47, a quick ratio of 0.97 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $31,340.00, a price-to-earnings ratio of 32.91, a PEG ratio of 2.25 and a beta of 0.91.

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VF Company Profile

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.

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Institutional Ownership by Quarter for VF (NYSE:VFC)

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