Savant Capital LLC Has $982,000 Holdings in V.F. Co. (NYSE:VFC)

Savant Capital LLC reduced its stake in shares of V.F. Co. (NYSE:VFC) by 4.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 52,257 shares of the textile maker’s stock after selling 2,526 shares during the period. Savant Capital LLC’s holdings in V.F. were worth $982,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. lifted its stake in shares of V.F. by 48.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,098,812 shares of the textile maker’s stock worth $54,756,000 after acquiring an additional 1,004,583 shares during the period. Wellington Management Group LLP raised its stake in V.F. by 559.7% during the third quarter. Wellington Management Group LLP now owns 1,113,192 shares of the textile maker’s stock worth $19,670,000 after buying an additional 944,449 shares during the last quarter. FMR LLC lifted its holdings in V.F. by 44.8% in the third quarter. FMR LLC now owns 2,768,318 shares of the textile maker’s stock valued at $48,916,000 after buying an additional 856,751 shares during the period. Grantham Mayo Van Otterloo & Co. LLC grew its holdings in V.F. by 220.0% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 1,045,497 shares of the textile maker’s stock worth $18,474,000 after acquiring an additional 718,772 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of V.F. by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 41,239,841 shares of the textile maker’s stock valued at $728,708,000 after purchasing an additional 475,239 shares during the period. 86.84% of the stock is owned by institutional investors and hedge funds.

Insider Activity at V.F.

In other news, Director Juliana L. Chugg purchased 11,301 shares of V.F. stock in a transaction dated Monday, February 12th. The stock was purchased at an average cost of $17.55 per share, for a total transaction of $198,332.55. Following the transaction, the director now directly owns 26,301 shares of the company’s stock, valued at $461,582.55. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, Director Juliana L. Chugg acquired 11,301 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were bought at an average cost of $17.55 per share, for a total transaction of $198,332.55. Following the completion of the transaction, the director now owns 26,301 shares in the company, valued at $461,582.55. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Bracken Darrell purchased 65,360 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was bought at an average cost of $15.38 per share, for a total transaction of $1,005,236.80. Following the acquisition, the insider now directly owns 144,281 shares in the company, valued at $2,219,041.78. The disclosure for this purchase can be found here. 0.60% of the stock is owned by corporate insiders.

V.F. Stock Performance

Shares of VFC opened at $12.61 on Friday. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.23 and a quick ratio of 0.70. The firm has a market cap of $4.90 billion, a PE ratio of -6.40, a PEG ratio of 1.38 and a beta of 1.49. V.F. Co. has a 1 year low of $11.91 and a 1 year high of $22.63. The stock’s fifty day moving average price is $14.25 and its two-hundred day moving average price is $16.09.

V.F. (NYSE:VFC) last released its quarterly earnings data on Tuesday, February 6th. The textile maker reported $0.57 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.22). V.F. had a negative net margin of 7.07% and a positive return on equity of 19.03%. The business had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $3.24 billion. During the same period last year, the company earned $1.12 earnings per share. V.F.’s revenue for the quarter was down 16.2% compared to the same quarter last year. On average, equities research analysts forecast that V.F. Co. will post 1.11 EPS for the current year.

V.F. Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Monday, March 11th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date of this dividend was Friday, March 8th. V.F.’s payout ratio is presently -18.27%.

Analyst Upgrades and Downgrades

VFC has been the topic of several recent analyst reports. The Goldman Sachs Group dropped their price target on V.F. from $14.00 to $12.50 and set a “neutral” rating on the stock in a research note on Friday, April 26th. Stifel Nicolaus reissued a “buy” rating and set a $22.00 price objective on shares of V.F. in a research report on Tuesday, April 9th. StockNews.com raised V.F. from a “sell” rating to a “hold” rating in a research report on Thursday, February 8th. BNP Paribas restated a “neutral” rating and set a $14.00 price objective (down previously from $18.00) on shares of V.F. in a report on Friday, April 12th. Finally, Wedbush lowered their target price on V.F. from $16.50 to $15.50 and set a “neutral” rating on the stock in a research report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, V.F. currently has an average rating of “Hold” and a consensus price target of $17.88.

V.F. Company Profile

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