AE Wealth Management LLC acquired a new stake in shares of PVH Corp (NYSE:PVH) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 9,757 shares of the textile maker’s stock, valued at approximately $367,000.

Other institutional investors also recently bought and sold shares of the company. Procyon Private Wealth Partners LLC purchased a new stake in shares of PVH during the 4th quarter valued at $30,000. Whittier Trust Co. grew its holdings in shares of PVH by 145.6% during the 4th quarter. Whittier Trust Co. now owns 506 shares of the textile maker’s stock valued at $53,000 after purchasing an additional 300 shares during the last quarter. Signaturefd LLC grew its holdings in shares of PVH by 527.8% during the 1st quarter. Signaturefd LLC now owns 678 shares of the textile maker’s stock valued at $26,000 after purchasing an additional 570 shares during the last quarter. Wealth Quarterback LLC bought a new position in shares of PVH during the 4th quarter valued at $72,000. Finally, Pearl River Capital LLC bought a new position in shares of PVH during the 1st quarter valued at $39,000. Hedge funds and other institutional investors own 97.00% of the company’s stock.

Shares of PVH stock opened at $44.15 on Friday. The company has a 50 day moving average price of $43.17 and a 200-day moving average price of $75.67. PVH Corp has a 52 week low of $28.40 and a 52 week high of $108.94. The firm has a market capitalization of $3.15 billion, a PE ratio of 4.64, a P/E/G ratio of 1.50 and a beta of 2.07. The company has a quick ratio of 0.75, a current ratio of 1.44 and a debt-to-equity ratio of 0.73.

PVH (NYSE:PVH) last announced its quarterly earnings results on Wednesday, April 1st. The textile maker reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.07. The firm had revenue of $2.60 billion during the quarter, compared to analyst estimates of $2.46 billion. PVH had a net margin of 4.21% and a return on equity of 12.14%. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.84 earnings per share. Analysts anticipate that PVH Corp will post 3.1 earnings per share for the current year.

Several equities analysts recently commented on the stock. ValuEngine raised shares of PVH from a “strong sell” rating to a “sell” rating in a report on Friday, May 1st. Morgan Stanley cut their price target on shares of PVH from $112.00 to $78.00 and set an “overweight” rating on the stock in a report on Thursday, March 19th. JPMorgan Chase & Co. raised their price target on shares of PVH from $38.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, April 3rd. Wells Fargo & Co cut their price target on shares of PVH from $81.00 to $55.00 and set an “overweight” rating on the stock in a report on Monday, March 30th. Finally, Deutsche Bank reissued a “hold” rating and issued a $45.00 price target (down previously from $59.00) on shares of PVH in a report on Friday, April 3rd. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $75.33.

PVH Company Profile

PVH Corp. operates as an apparel company in North America and internationally. The company operates through six segments: Calvin Klein North America, Calvin Klein International, Tommy Hilfiger North America, Tommy Hilfiger International, Heritage Brands Wholesale, and Heritage Brands Retail. It designs, markets, and retails men's and women's apparel and accessories, including branded dress shirts, dresses, suits, neckwear, sportswear, jeans wear, performance and intimate apparel, underwear, swimwear, swim products, handbags, luggage products, footwear, golf apparel, sleepwear and loungewear, fragrances, cosmetics, skincare products and toiletries, socks and tights, jewelry, watches, outerwear, small leather goods, and furnishings, as well as other related products.

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Institutional Ownership by Quarter for PVH (NYSE:PVH)

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