Brandywine Global Investment Management LLC Has $5.34 Million Stock Holdings in PVH Corp. (NYSE:PVH)

Brandywine Global Investment Management LLC lifted its stake in PVH Corp. (NYSE:PVH) by 80.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 50,485 shares of the textile maker’s stock after acquiring an additional 22,482 shares during the quarter. Brandywine Global Investment Management LLC owned approximately 0.09% of PVH worth $5,339,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of PVH. UMB Bank n.a. increased its position in shares of PVH by 78.5% during the 4th quarter. UMB Bank n.a. now owns 282 shares of the textile maker’s stock worth $30,000 after purchasing an additional 124 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of PVH by 36.0% in the fourth quarter. GAMMA Investing LLC now owns 487 shares of the textile maker’s stock valued at $52,000 after buying an additional 129 shares in the last quarter. Assetmark Inc. increased its holdings in PVH by 11.8% during the fourth quarter. Assetmark Inc. now owns 1,451 shares of the textile maker’s stock worth $153,000 after buying an additional 153 shares during the last quarter. Signaturefd LLC raised its position in PVH by 11.0% during the fourth quarter. Signaturefd LLC now owns 1,569 shares of the textile maker’s stock worth $166,000 after acquiring an additional 156 shares in the last quarter. Finally, Central Pacific Bank Trust Division lifted its stake in PVH by 15.9% in the fourth quarter. Central Pacific Bank Trust Division now owns 1,750 shares of the textile maker’s stock valued at $185,000 after acquiring an additional 240 shares during the last quarter. Institutional investors own 97.25% of the company’s stock.

PVH Stock Up 18.0 %

Shares of PVH opened at $76.29 on Wednesday. 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 stock has a market capitalization of $4.24 billion, a PE ratio of 6.21, a P/E/G ratio of 0.77 and a beta of 2.10. The firm’s 50 day moving average is $75.95 and its 200-day moving average is $92.59. PVH Corp. has a 12 month low of $62.91 and a 12 month high of $124.68.

PVH (NYSE:PVH) last announced its quarterly earnings data on Monday, March 31st. The textile maker reported $3.27 earnings per share for the quarter, beating the consensus estimate of $3.19 by $0.08. The firm had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.34 billion. PVH had a return on equity of 13.66% and a net margin of 8.13%. The company’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.72 EPS. Equities research analysts forecast that PVH Corp. will post 11.67 EPS for the current year.

PVH Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th were issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.20%. The ex-dividend date of this dividend was Wednesday, March 5th. PVH’s dividend payout ratio is currently 1.22%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on PVH shares. Guggenheim upped their target price on shares of PVH from $105.00 to $125.00 and gave the company a “buy” rating in a report on Friday, December 6th. StockNews.com lowered PVH from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Morgan Stanley reduced their target price on PVH from $103.00 to $95.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 21st. Wells Fargo & Company cut PVH from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $130.00 to $105.00 in a research note on Monday, February 3rd. Finally, The Goldman Sachs Group reduced their price objective on shares of PVH from $128.00 to $109.00 and set a “buy” rating for the company in a research report on Tuesday, March 4th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $109.07.

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.