Park National Corp OH lowered its stake in VF Corp (NYSE:VFC) by 46.5% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,027 shares of the textile maker’s stock after selling 12,196 shares during the quarter. Park National Corp OH’s holdings in VF were worth $1,219,000 as of its most recent filing with the SEC.
Other hedge funds also recently bought and sold shares of the company. Doyle Wealth Management acquired a new stake in shares of VF during the 4th quarter worth $26,000. Destination Wealth Management increased its holdings in shares of VF by 365.2% during the 4th quarter. Destination Wealth Management now owns 428 shares of the textile maker’s stock worth $31,000 after buying an additional 336 shares during the last quarter. Reilly Financial Advisors LLC increased its holdings in shares of VF by 99.1% during the 4th quarter. Reilly Financial Advisors LLC now owns 440 shares of the textile maker’s stock worth $31,000 after buying an additional 219 shares during the last quarter. Sonora Investment Management LLC increased its holdings in shares of VF by 69.5% during the 4th quarter. Sonora Investment Management LLC now owns 444 shares of the textile maker’s stock worth $32,000 after buying an additional 182 shares during the last quarter. Finally, Bruderman Asset Management LLC acquired a new stake in shares of VF during the 4th quarter worth $37,000.
NYSE:VFC traded up $0.14 on Wednesday, reaching $94.73. The stock had a trading volume of 1,452,400 shares, compared to its average volume of 2,115,907. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.80 and a quick ratio of 1.07. The stock has a market cap of $37.42 billion, a P/E ratio of 31.79, a PEG ratio of 1.99 and a beta of 1.13. VF Corp has a 12-month low of $67.18 and a 12-month high of $97.00.
VFC has been the subject of a number of research analyst reports. Wells Fargo & Co dropped their price objective on VF from $90.00 to $85.00 and set a “market perform” rating for the company in a report on Wednesday, January 2nd. Deutsche Bank downgraded VF from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $104.00 to $76.00 in a report on Friday, January 11th. ValuEngine downgraded VF from a “buy” rating to a “hold” rating in a report on Friday, January 4th. Credit Suisse Group reiterated a “positive” rating on shares of VF in a report on Wednesday, January 16th. Finally, Cowen increased their price target on VF from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Tuesday, February 19th. Eight investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. VF has a consensus rating of “Buy” and a consensus price target of $92.14.
V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia Pacific. It operates through four segments: Outdoor & Action Sports, Jeanswear, Imagewear, and Other.
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