38,181 Shares in Levi Strauss & Co. (NYSE:LEVI) Bought by XTX Topco Ltd

XTX Topco Ltd acquired a new position in shares of Levi Strauss & Co. (NYSE:LEVI) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 38,181 shares of the blue-jean maker’s stock, valued at approximately $832,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Stifel Financial Corp raised its holdings in Levi Strauss & Co. by 73.9% during the third quarter. Stifel Financial Corp now owns 149,947 shares of the blue-jean maker’s stock valued at $3,269,000 after buying an additional 63,718 shares in the last quarter. Intrepid Capital Management Inc. raised its holdings in Levi Strauss & Co. by 164.2% during the third quarter. Intrepid Capital Management Inc. now owns 103,227 shares of the blue-jean maker’s stock valued at $2,250,000 after buying an additional 64,156 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. raised its holdings in Levi Strauss & Co. by 2,904.1% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 5,137 shares of the blue-jean maker’s stock valued at $112,000 after buying an additional 4,966 shares in the last quarter. Maverick Capital Ltd. bought a new position in Levi Strauss & Co. during the third quarter valued at about $1,222,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Levi Strauss & Co. by 59.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,555,382 shares of the blue-jean maker’s stock valued at $33,907,000 after buying an additional 579,460 shares in the last quarter. 69.14% of the stock is currently owned by hedge funds and other institutional investors.

Levi Strauss & Co. Stock Down 0.7 %

LEVI stock opened at $17.44 on Wednesday. Levi Strauss & Co. has a twelve month low of $14.87 and a twelve month high of $24.34. The company has a market cap of $6.92 billion, a PE ratio of 45.88, a price-to-earnings-growth ratio of 0.98 and a beta of 1.18. The business’s 50-day simple moving average is $17.74 and its 200 day simple moving average is $19.26. The company has a quick ratio of 0.76, a current ratio of 1.41 and a debt-to-equity ratio of 0.54.

Levi Strauss & Co. (NYSE:LEVI) last released its earnings results on Wednesday, October 2nd. The blue-jean maker reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.02. Levi Strauss & Co. had a return on equity of 24.43% and a net margin of 2.52%. The business had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.55 billion. During the same period last year, the business earned $0.28 earnings per share. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. On average, research analysts anticipate that Levi Strauss & Co. will post 1.23 earnings per share for the current year.

Levi Strauss & Co. Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Tuesday, October 29th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date of this dividend was Tuesday, October 29th. Levi Strauss & Co.’s dividend payout ratio (DPR) is presently 136.84%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. raised their target price on Levi Strauss & Co. from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, October 3rd. Telsey Advisory Group restated an “outperform” rating and set a $26.00 target price on shares of Levi Strauss & Co. in a report on Wednesday, October 16th. TD Cowen dropped their price objective on Levi Strauss & Co. from $25.00 to $23.00 and set a “buy” rating on the stock in a research note on Thursday, October 3rd. Finally, Stifel Nicolaus dropped their price objective on Levi Strauss & Co. from $28.00 to $25.00 and set a “buy” rating on the stock in a research note on Thursday, October 3rd. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Levi Strauss & Co. currently has a consensus rating of “Moderate Buy” and an average price target of $22.75.

Insider Buying and Selling at Levi Strauss & Co.

In other Levi Strauss & Co. news, Director David A. Friedman sold 25,002 shares of Levi Strauss & Co. stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $20.00, for a total transaction of $500,040.00. Following the sale, the director now directly owns 229,176 shares of the company’s stock, valued at approximately $4,583,520. The trade was a 9.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.14% of the company’s stock.

Levi Strauss & Co. Company Profile

Levi Strauss & Co designs, markets, and sells apparels and related accessories for men, women, and children worldwide. The company offers jeans, casual and dress pants, activewears, tops, shorts, skirts, dresses, jumpsuits, shirts, sweaters, jackets, footwear, and related accessories under the Levi's, Dockers, Signature by Levi Strauss & Co, Denizen, and Beyond Yoga brands.