Landscape Capital Management L.L.C. Has $1.54 Million Stock Position in Levi Strauss & Co. $LEVI

Landscape Capital Management L.L.C. trimmed its stake in shares of Levi Strauss & Co. (NYSE:LEVI) by 58.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 74,019 shares of the blue-jean maker’s stock after selling 105,359 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Levi Strauss & Co. were worth $1,535,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in LEVI. Measured Wealth Private Client Group LLC acquired a new stake in Levi Strauss & Co. during the fourth quarter valued at approximately $26,000. US Bancorp DE lifted its stake in shares of Levi Strauss & Co. by 260.5% in the 3rd quarter. US Bancorp DE now owns 1,121 shares of the blue-jean maker’s stock valued at $26,000 after purchasing an additional 810 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Levi Strauss & Co. by 140.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,425 shares of the blue-jean maker’s stock valued at $26,000 after purchasing an additional 833 shares during the period. Kestra Advisory Services LLC acquired a new position in shares of Levi Strauss & Co. in the 4th quarter valued at $39,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Levi Strauss & Co. by 133.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,286 shares of the blue-jean maker’s stock worth $51,000 after purchasing an additional 1,879 shares during the period. 69.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Levi Strauss & Co.

In related news, major shareholder E. Haas Jr. Family Fund Peter sold 145,662 shares of Levi Strauss & Co. stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $24.01, for a total transaction of $3,497,344.62. Following the completion of the transaction, the insider owned 145,662 shares in the company, valued at approximately $3,497,344.62. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Robert D. Haas sold 488,851 shares of Levi Strauss & Co. stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $24.11, for a total value of $11,786,197.61. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,468,570 shares of company stock valued at $34,136,152 in the last three months. Corporate insiders own 1.08% of the company’s stock.

Levi Strauss & Co. Stock Up 0.1%

Levi Strauss & Co. stock opened at $24.04 on Tuesday. The firm has a market capitalization of $9.25 billion, a PE ratio of 15.31, a P/E/G ratio of 1.81 and a beta of 1.34. The company’s 50-day moving average is $22.34 and its 200-day moving average is $21.35. Levi Strauss & Co. has a fifty-two week low of $16.95 and a fifty-two week high of $24.82. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.58 and a quick ratio of 0.97.

Levi Strauss & Co. (NYSE:LEVI) last issued its earnings results on Tuesday, April 7th. The blue-jean maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.05. Levi Strauss & Co. had a net margin of 9.52% and a return on equity of 25.35%. The business had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.65 billion. During the same period last year, the business posted $0.38 EPS. Levi Strauss & Co.’s revenue was up 14.1% on a year-over-year basis. Sell-side analysts anticipate that Levi Strauss & Co. will post 1.5 earnings per share for the current year.

Levi Strauss & Co. Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd were issued a dividend of $0.14 per share. The ex-dividend date was Wednesday, April 22nd. This represents a $0.56 dividend on an annualized basis and a yield of 2.3%. Levi Strauss & Co.’s dividend payout ratio (DPR) is presently 35.67%.

Analysts Set New Price Targets

LEVI has been the subject of a number of recent research reports. Telsey Advisory Group restated an “outperform” rating and set a $27.00 price objective on shares of Levi Strauss & Co. in a research note on Wednesday, April 1st. Wall Street Zen upgraded shares of Levi Strauss & Co. from a “hold” rating to a “strong-buy” rating in a research note on Saturday, April 11th. UBS Group increased their price objective on shares of Levi Strauss & Co. from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, April 8th. Weiss Ratings upgraded shares of Levi Strauss & Co. from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Finally, BTIG Research restated a “buy” rating and set a $27.00 price objective on shares of Levi Strauss & Co. in a research note on Wednesday, April 8th. Thirteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Levi Strauss & Co. currently has a consensus rating of “Moderate Buy” and an average price target of $26.79.

Levi Strauss & Co. Profile

Levi Strauss & Co is a global apparel company best known for its denim jeans and casual wear. Founded in 1853 in San Francisco by Bavarian immigrant Levi Strauss, the company pioneered the modern blue jean with the introduction of rivet-reinforced work pants. Over its more than 160-year history, Levi Strauss has evolved into a lifestyle brand, offering a broad portfolio that includes denim for men, women and children, as well as tops, outerwear, footwear and accessories.

The company’s flagship label, Levi’s®, is recognized worldwide for its iconic styles such as the 501® Original Fit Jeans, while additional brands, including Dockers®, Target core metric, and Denizen® by Levi’s, cater to diverse price points and consumer segments.