Scotia Capital Inc. Has $322,000 Position in PVH Corp. (PVH)

Scotia Capital Inc. increased its position in PVH Corp. (NYSE:PVH) by 45.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,816 shares of the textile maker’s stock after purchasing an additional 881 shares during the period. Scotia Capital Inc.’s holdings in PVH Corp. were worth $322,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Nomura Holdings Inc. bought a new position in PVH Corp. in the 2nd quarter worth about $669,000. Raymond James Financial Services Advisors Inc. bought a new position in PVH Corp. in the 2nd quarter worth about $370,000. C M Bidwell & Associates Ltd. bought a new position in PVH Corp. in the 2nd quarter worth about $368,000. Caxton Associates LP bought a new position in PVH Corp. in the 2nd quarter worth about $7,443,000. Finally, Cubist Systematic Strategies LLC boosted its stake in PVH Corp. by 47.7% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 9,432 shares of the textile maker’s stock worth $1,080,000 after purchasing an additional 3,045 shares in the last quarter. Institutional investors own 95.20% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Scotia Capital Inc. Has $322,000 Position in PVH Corp. (PVH)” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The legal version of this piece of content can be accessed at https://ledgergazette.com/2017/10/18/scotia-capital-inc-has-322000-position-in-pvh-corp-pvh.html.

PVH has been the topic of a number of analyst reports. J P Morgan Chase & Co reiterated an “overweight” rating and issued a $130.00 price target (up previously from $125.00) on shares of PVH Corp. in a research note on Thursday, June 22nd. UBS AG restated a “buy” rating and set a $128.00 target price (up previously from $120.00) on shares of PVH Corp. in a research note on Monday, June 26th. ValuEngine upgraded shares of PVH Corp. from a “hold” rating to a “buy” rating in a research note on Tuesday, June 27th. BidaskClub upgraded shares of PVH Corp. from a “hold” rating to a “buy” rating in a research note on Thursday, June 29th. Finally, FBR & Co assumed coverage on shares of PVH Corp. in a research note on Tuesday, July 11th. They set an “outperform” rating and a $135.00 target price on the stock. Four research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $139.19.

Shares of PVH Corp. (NYSE PVH) opened at 124.16 on Wednesday. The company has a 50-day moving average of $126.80 and a 200 day moving average of $113.61. The stock has a market capitalization of $9.61 billion, a price-to-earnings ratio of 23.68 and a beta of 0.46. PVH Corp. has a 12-month low of $84.53 and a 12-month high of $130.75.

PVH Corp. (NYSE:PVH) last announced its quarterly earnings results on Wednesday, August 23rd. The textile maker reported $1.69 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.65 by $0.04. PVH Corp. had a return on equity of 11.67% and a net margin of 4.96%. The company had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the previous year, the company posted $1.47 earnings per share. PVH Corp.’s revenue for the quarter was up 7.1% on a year-over-year basis. Analysts predict that PVH Corp. will post $7.71 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 22nd. Stockholders of record on Thursday, August 24th were given a $0.038 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.12%. The ex-dividend date was Tuesday, August 22nd. PVH Corp.’s dividend payout ratio (DPR) is presently 2.87%.

In other news, CEO Francis K. Duane sold 24,000 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $126.86, for a total value of $3,044,640.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP James Holmes sold 851 shares of the business’s stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $126.99, for a total value of $108,068.49. The disclosure for this sale can be found here. Insiders sold 39,307 shares of company stock valued at $4,980,787 over the last 90 days. Company insiders own 1.50% of the company’s stock.

PVH Corp. Company 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 Interna

A number of other institutional investors have also recently made changes to their positions in the stock. Nomura Holdings Inc. bought a new position in PVH Corp. in the 2nd quarter worth about $669,000. Raymond James Financial Services Advisors Inc. bought a new position in PVH Corp. in the 2nd quarter worth about $370,000. C M Bidwell & Associates Ltd. bought a new position in PVH Corp. in the 2nd quarter worth about $368,000. Caxton Associates LP bought a new position in PVH Corp. in the 2nd quarter worth about $7,443,000. Finally, Cubist Systematic Strategies LLC boosted its stake in PVH Corp. by 47.7% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 9,432 shares of the textile maker’s stock worth $1,080,000 after purchasing an additional 3,045 shares in the last quarter. Institutional investors own 95.20% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Scotia Capital Inc. Has $322,000 Position in PVH Corp. (PVH)” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The legal version of this piece of content can be accessed at https://ledgergazette.com/2017/10/18/scotia-capital-inc-has-322000-position-in-pvh-corp-pvh.html.

PVH has been the topic of a number of analyst reports. J P Morgan Chase & Co reiterated an “overweight” rating and issued a $130.00 price target (up previously from $125.00) on shares of PVH Corp. in a research note on Thursday, June 22nd. UBS AG restated a “buy” rating and set a $128.00 target price (up previously from $120.00) on shares of PVH Corp. in a research note on Monday, June 26th. ValuEngine upgraded shares of PVH Corp. from a “hold” rating to a “buy” rating in a research note on Tuesday, June 27th. BidaskClub upgraded shares of PVH Corp. from a “hold” rating to a “buy” rating in a research note on Thursday, June 29th. Finally, FBR & Co assumed coverage on shares of PVH Corp. in a research note on Tuesday, July 11th. They set an “outperform” rating and a $135.00 target price on the stock. Four research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $139.19.

Shares of PVH Corp. (NYSE PVH) opened at 124.16 on Wednesday. The company has a 50-day moving average of $126.80 and a 200 day moving average of $113.61. The stock has a market capitalization of $9.61 billion, a price-to-earnings ratio of 23.68 and a beta of 0.46. PVH Corp. has a 12-month low of $84.53 and a 12-month high of $130.75.

PVH Corp. (NYSE:PVH) last announced its quarterly earnings results on Wednesday, August 23rd. The textile maker reported $1.69 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.65 by $0.04. PVH Corp. had a return on equity of 11.67% and a net margin of 4.96%. The company had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the previous year, the company posted $1.47 earnings per share. PVH Corp.’s revenue for the quarter was up 7.1% on a year-over-year basis. Analysts predict that PVH Corp. will post $7.71 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 22nd. Stockholders of record on Thursday, August 24th were given a $0.038 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.12%. The ex-dividend date was Tuesday, August 22nd. PVH Corp.’s dividend payout ratio (DPR) is presently 2.87%.

In other news, CEO Francis K. Duane sold 24,000 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $126.86, for a total value of $3,044,640.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP James Holmes sold 851 shares of the business’s stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $126.99, for a total value of $108,068.49. The disclosure for this sale can be found here. Insiders sold 39,307 shares of company stock valued at $4,980,787 over the last 90 days. Company insiders own 1.50% of the company’s stock.

PVH Corp. Company 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.

Want to see what other hedge funds are holding PVH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PVH Corp. (NYSE:PVH).

Institutional Ownership by Quarter for PVH Corp. (NYSE:PVH)

Receive News & Ratings for PVH Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PVH Corp. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply