Bard Financial Services Inc. Has $1.99 Million Stock Holdings in VF Corporation (NYSE:VFC)

Bard Financial Services Inc. decreased its position in shares of VF Corporation (NYSE:VFC) by 13.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 92,590 shares of the textile maker’s stock after selling 14,850 shares during the period. Bard Financial Services Inc.’s holdings in VF were worth $1,987,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Arkadios Wealth Advisors increased its holdings in shares of VF by 5.3% during the 3rd quarter. Arkadios Wealth Advisors now owns 24,108 shares of the textile maker’s stock valued at $481,000 after acquiring an additional 1,217 shares during the last quarter. Arizona State Retirement System raised its holdings in VF by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 92,524 shares of the textile maker’s stock worth $1,249,000 after acquiring an additional 1,681 shares during the period. Future Financial Wealth Managment LLC acquired a new position in VF during the 3rd quarter worth $40,000. J.W. Cole Advisors Inc. boosted its holdings in VF by 22.2% during the second quarter. J.W. Cole Advisors Inc. now owns 16,076 shares of the textile maker’s stock valued at $217,000 after acquiring an additional 2,919 shares during the period. Finally, Abich Financial Wealth Management LLC acquired a new stake in shares of VF in the second quarter valued at about $60,000. Hedge funds and other institutional investors own 86.84% of the company’s stock.

Analyst Upgrades and Downgrades

VFC has been the subject of several recent analyst reports. StockNews.com upgraded VF from a “sell” rating to a “hold” rating in a research note on Saturday, October 26th. Stifel Nicolaus upped their price target on VF from $21.00 to $25.00 and gave the company a “buy” rating in a report on Monday, October 14th. Telsey Advisory Group lifted their price objective on VF from $19.00 to $21.00 and gave the stock a “market perform” rating in a report on Tuesday, October 29th. Robert W. Baird raised their target price on VF from $17.00 to $20.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 29th. Finally, Argus raised shares of VF from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a report on Tuesday, December 17th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, VF presently has a consensus rating of “Hold” and a consensus target price of $19.11.

VF Trading Up 1.8 %

NYSE:VFC traded up $0.39 on Monday, hitting $21.55. 2,238,052 shares of the stock were exchanged, compared to its average volume of 3,147,416. The stock has a market capitalization of $8.39 billion, a price-to-earnings ratio of -12.46, a P/E/G ratio of 8.19 and a beta of 1.45. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.88 and a current ratio of 1.30. VF Corporation has a 52 week low of $11.00 and a 52 week high of $23.49. The company’s 50-day moving average price is $20.90 and its 200 day moving average price is $18.39.

VF (NYSE:VFC) last released its earnings results on Monday, October 28th. The textile maker reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.19. VF had a negative net margin of 6.68% and a positive return on equity of 12.53%. The firm had revenue of $2.76 billion during the quarter, compared to analyst estimates of $2.72 billion. During the same quarter in the previous year, the business earned $0.63 EPS. The business’s quarterly revenue was down 5.6% compared to the same quarter last year. On average, equities research analysts forecast that VF Corporation will post 0.48 earnings per share for the current year.

VF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Tuesday, December 10th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date was Tuesday, December 10th. VF’s dividend payout ratio (DPR) is currently -20.81%.

VF Company Profile

V.F. Corporation, together with its subsidiaries, engages in the design, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and accessories for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Outdoor, Active, and Work.