Cornercap Investment Counsel Inc. purchased a new stake in PVH Corp (NYSE:PVH) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 2,495 shares of the textile maker’s stock, valued at approximately $342,000.

Several other institutional investors and hedge funds have also bought and sold shares of PVH. Cerebellum GP LLC acquired a new stake in shares of PVH in the 4th quarter valued at approximately $131,000. Squar Milner Financial Services LLC acquired a new stake in shares of PVH in the 4th quarter valued at approximately $212,000. Conning Inc. acquired a new stake in shares of PVH in the 4th quarter valued at approximately $220,000. Everence Capital Management Inc. acquired a new stake in shares of PVH in the 4th quarter valued at approximately $248,000. Finally, Visionary Asset Management Inc. acquired a new stake in shares of PVH in the 3rd quarter valued at approximately $266,000. 96.12% of the stock is owned by institutional investors and hedge funds.

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Several research firms have recently commented on PVH. Zacks Investment Research cut PVH from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Instinet initiated coverage on PVH in a research note on Thursday, February 15th. They issued a “neutral” rating and a $150.00 price objective for the company. Credit Suisse Group initiated coverage on PVH in a research note on Monday. They issued an “outperform” rating and a $175.00 price objective for the company. Wells Fargo & Co set a $158.00 price objective on PVH and gave the company an “outperform” rating in a research note on Thursday, November 30th. Finally, JPMorgan Chase & Co. set a $160.00 price objective on PVH and gave the company a “buy” rating in a research note on Thursday, November 30th. Five investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. PVH presently has a consensus rating of “Buy” and an average target price of $151.95.

PVH Corp (PVH) opened at $143.67 on Thursday. The company has a current ratio of 1.82, a quick ratio of 0.97 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $11,080.00, a price-to-earnings ratio of 21.38, a price-to-earnings-growth ratio of 1.23 and a beta of 0.71. PVH Corp has a 1 year low of $89.52 and a 1 year high of $157.96.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 28th. Shareholders of record on Wednesday, February 28th will be given a dividend of $0.038 per share. This represents a $0.15 annualized dividend and a yield of 0.11%. The ex-dividend date is Tuesday, February 27th. PVH’s payout ratio is 2.23%.

In other PVH news, EVP Mark D. Fischer sold 891 shares of the firm’s stock in a transaction on Thursday, January 18th. The stock was sold at an average price of $147.34, for a total transaction of $131,279.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Steven B. Shiffman sold 3,100 shares of the firm’s stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $136.38, for a total value of $422,778.00. The disclosure for this sale can be found here. Insiders have sold 21,963 shares of company stock valued at $3,041,248 in the last three months. 1.50% of the stock is currently owned by company insiders.

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PVH Profile

PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.

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Institutional Ownership by Quarter for PVH (NYSE:PVH)

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