Economy

VF Corporation (VFC) added to 59 new portfolios

VF Corporation (VFC) added to 59 new portfolios”

Having a price of $71.30, V.F. Corp (NYSE:VFC) traded 5.38% higher on the day.

Director, Mccollough W Alan, sold 22,852 common shares of V.F. Corporation (VFC) in the open market. The stock rose 2.44% or $1.62 reaching $68 per share. Next quarter's EPS is estimated at $1.07 and the next full year EPS is projected to be $3.38. Additionally V.F. Corporation declared a dividend for shareholders paid on Monday the 18th of September 2017. The business's revenue was up 5.4% on a year-over-year basis. During the same period past year, the business earned $1.20 EPS. The current dividend yield of V.F. Corporation is and the earnings per share is 2.64.

A number of research firms have recently issued reports on VFC. Canaccord Genuity's price target would indicate a potential upside of 15.80% from the stock's previous close. Pivotal Research maintained the shares of FB in report on Thursday, April 28 with "Buy" rating. Piper Jaffray maintained it with "Hold" rating and $5800 target in Monday, August 14 report. UBS AG upped their target price on shares of V.F. Corporation from $59.00 to $66.00 and gave the stock a "buy" rating in a research report on Tuesday, July 25th. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating and seven have assigned a buy rating to the stock. The company now has an average rating of "Hold" and a consensus target price of $64.86. The stock was sold at an average price of $63.15, for a total transaction of $18,314,826.15. Following the sale, the director now owns 36,353 shares of the company's stock, valued at approximately $2,288,057.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

In the transaction dated August 18, 2017, the great number of shares disposed came courtesy the Vice President & Group Pres.; O'Meara Aidan disposed a total of 29,336 shares at an average price of $62.54, amounting to approximately $1,834,673. W. Alan Mccollough, Director let go of $1,438,076 worth of shares at an average price of $62.93 on Monday the 21st. Following the transaction, the vice president now directly owns 120,680 shares in the company, valued at $7,547,327.20. The disclosure for this sale can be found here. Insiders have sold a total of 453,152 shares of company stock valued at $28,649,326 in the last quarter. It turned negative, as 56 investors sold VF Corp shares while 250 reduced holdings. V.F. Corporation (NYSE:VFC) has a 20-Day average volume of 2.51 Million. Canaccord Genuity both upgraded the stock and lowered the price target on August 14 changing the price objective from $90.00 to $62.00 and setting the rating at "Neutral" which had previously been "Buy". Pathstone Family Office LLC bought a new position in V.F. Corporation in the 1st quarter worth about $187,000. The textile maker reported $1.23 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.12 by $0.11. OppenheimerFunds Inc. boosted its stake in shares of V.F. Corporation by 8.2% during the 1st quarter. The Bath Savings Trust Co holds 12,533 shares with $722,000 value, down from 19,183 last quarter. Cleararc Capital Inc. now owns 8,096 shares of the textile maker's stock valued at $445,000 after buying an additional 53 shares in the last quarter. Rockefeller Financial Services Inc. bought a new position in V.F. Corporation during the third quarter valued at about $686,000. Archford Capital Strategies LLC now owns 6,223 shares of the textile maker's stock valued at $601,000 after buying an additional 6,187 shares in the last quarter. The stock has a market cap of $27.88 billion, a PE ratio of 27.02 and a beta of 0.77.

Company shares last traded at $70.33 significantly above $63.78, the 50 day moving average and quite a bit higher than the 200 day moving average of $58.96.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another domain, it was illegally copied and reposted in violation of USA and global copyright and trademark law.

V.F. Corporation designs, manufactures and markets branded jeanswear, intimate apparel, children's playwear, occupational apparel, knitwear and other apparel. The Company's Outdoor & Action Sports Coalition is a group of authentic outdoor and activity lifestyle brands.



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