VF Corporation (NYSE:VFC) is Segall Bryant & Hamill LLC’s 5th Largest Position

Segall Bryant & Hamill LLC raised its stake in VF Corporation (NYSE:VFC) by 5.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,874,781 shares of the textile maker’s stock after buying an additional 211,440 shares during the quarter. VF accounts for about 1.1% of Segall Bryant & Hamill LLC’s holdings, making the stock its 5th biggest position. Segall Bryant & Hamill LLC owned approximately 0.99% of VF worth $83,153,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. CKW Financial Group grew its stake in shares of VF by 29.4% in the 4th quarter. CKW Financial Group now owns 2,200 shares of the textile maker’s stock valued at $47,000 after buying an additional 500 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its position in VF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,017 shares of the textile maker’s stock worth $129,000 after acquiring an additional 3,008 shares in the last quarter. TB Alternative Assets Ltd. acquired a new position in shares of VF during the 4th quarter worth $1,878,000. Finally, Fiduciary Alliance LLC raised its holdings in shares of VF by 6.8% during the 4th quarter. Fiduciary Alliance LLC now owns 256,531 shares of the textile maker’s stock valued at $5,505,000 after purchasing an additional 16,431 shares in the last quarter. Institutional investors and hedge funds own 86.84% of the company’s stock.

Wall Street Analysts Forecast Growth

VFC has been the topic of several analyst reports. Needham & Company LLC reissued a “buy” rating and set a $28.00 target price on shares of VF in a research report on Friday, March 7th. Barclays increased their price objective on VF from $29.00 to $34.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Robert W. Baird boosted their target price on VF from $23.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, January 30th. Wells Fargo & Company lowered their price target on VF from $21.00 to $18.00 and set an “underweight” rating on the stock in a report on Friday, March 7th. Finally, BMO Capital Markets boosted their price objective on shares of VF from $14.00 to $25.00 and gave the stock a “market perform” rating in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $22.90.

VF Stock Performance

VFC opened at $17.00 on Tuesday. The stock has a market cap of $6.62 billion, a PE ratio of -14.28, a P/E/G ratio of 6.77 and a beta of 1.46. VF Corporation has a 1 year low of $11.00 and a 1 year high of $29.02. The stock’s 50 day simple moving average is $22.89 and its 200-day simple moving average is $21.13. The company has a current ratio of 1.56, a quick ratio of 1.00 and a debt-to-equity ratio of 2.31.

VF (NYSE:VFC) last announced its quarterly earnings data on Wednesday, January 29th. The textile maker reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.28. VF had a negative net margin of 4.63% and a positive return on equity of 14.86%. During the same period in the previous year, the business posted $0.57 earnings per share. Sell-side analysts forecast that VF Corporation will post 0.73 EPS for the current year.

VF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Monday, March 10th were given a dividend of $0.09 per share. The ex-dividend date was Monday, March 10th. This represents a $0.36 annualized dividend and a dividend yield of 2.12%. VF’s dividend payout ratio (DPR) is presently -30.25%.

VF Profile

VF Corp. engages in the business of producing and marketing apparel, footwear, and accessories. It operates through the following segments: Outdoor, Active, Work, and Other. The Outdoor segment includes authentic outdoor-based lifestyle brands such as performance-based and outdoor apparel, footwear, and equipment.