Thrivent Financial for Lutherans Has $6.05 Million Stock Holdings in PVH Corp. (NYSE:PVH)

Thrivent Financial for Lutherans decreased its stake in shares of PVH Corp. (NYSE:PVH) by 35.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 57,202 shares of the textile maker’s stock after selling 31,090 shares during the quarter. Thrivent Financial for Lutherans owned about 0.10% of PVH worth $6,049,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in PVH. Natixis Advisors LLC increased its holdings in PVH by 20.8% during the third quarter. Natixis Advisors LLC now owns 23,828 shares of the textile maker’s stock worth $2,403,000 after buying an additional 4,095 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new position in shares of PVH during the 3rd quarter worth about $358,000. Charles Schwab Investment Management Inc. increased its stake in shares of PVH by 0.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 623,010 shares of the textile maker’s stock worth $62,818,000 after purchasing an additional 3,745 shares during the last quarter. Eagle Asset Management Inc. raised its holdings in shares of PVH by 18.7% in the 3rd quarter. Eagle Asset Management Inc. now owns 14,491 shares of the textile maker’s stock valued at $1,510,000 after purchasing an additional 2,286 shares during the period. Finally, Swedbank AB acquired a new stake in PVH in the 3rd quarter valued at about $17,542,000. Institutional investors own 97.25% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on PVH shares. StockNews.com lowered PVH from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Barclays dropped their price target on PVH from $144.00 to $98.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $130.00 price objective on shares of PVH in a research report on Wednesday, December 4th. Guggenheim increased their price objective on shares of PVH from $105.00 to $125.00 and gave the company a “buy” rating in a research report on Friday, December 6th. Finally, Morgan Stanley reduced their target price on shares of PVH from $103.00 to $95.00 and set an “equal weight” rating for the company in a report on Tuesday, January 21st. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $118.13.

PVH Stock Up 0.3 %

NYSE PVH opened at $65.00 on Monday. The company has a current ratio of 1.29, a quick ratio of 0.69 and a debt-to-equity ratio of 0.31. The company has a market cap of $3.62 billion, a price-to-earnings ratio of 5.29, a PEG ratio of 0.77 and a beta of 2.10. The company has a 50 day moving average of $79.85 and a 200-day moving average of $93.90. PVH Corp. has a 1-year low of $62.94 and a 1-year high of $141.15.

PVH Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 5th will be given a dividend of $0.0375 per share. The ex-dividend date is Wednesday, March 5th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.23%. PVH’s payout ratio is 1.22%.

Insider Transactions at PVH

In related news, EVP Mark D. Fischer sold 3,186 shares of the company’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $105.50, for a total transaction of $336,123.00. Following the completion of the sale, the executive vice president now owns 23,103 shares of the company’s stock, valued at $2,437,366.50. This represents a 12.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.00% of the stock is currently owned by insiders.

PVH Profile

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.