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.



Like this

Latest


25 October 2017
Law Firm to Ultra High Net Worth Clients in Data Breach
Appleby issued a statement last night in response to the ICIJ allegations, although it did not specify what the allegations were. Appleby adds that it has experienced in the previous year " an incident on the security of the data", without more precision.

25 October 2017
Author books flight to Greece; ends up being only passenger
She was treated to any seat she wanted on the aircraft, along with a free meal, free drinks and the full attention of staff. Then when she got to the gate, she was told the other two passengers hadn't arrived, so she would actually be flying solo.

25 October 2017
Namibia rejects violating United Nations resolution on North Korea
The UN responded to the test by imposing fresh sanctions on the rogue state. They're pressuring us on all fronts with sanctions.

25 October 2017
I won't link Aadhaar with my cell number: WB CM
Speaking of how AITC is not looking to be in power at the Centre, she said, "Our only motto is to oust BJP from the Centre". The apex court is scheduled to hear these petitions - which question if it is mandatory - on October 30.

25 October 2017
Baxter International Inc. (NASDAQ:BAX) To Report Earnings
Analysts have a consensus recommendation of 2.60 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. (NYSE: BAX ) are making a strong comeback as they have jumped 48.67% since bottoming out at $43.13 on December 07, 2016.

25 October 2017
Will Smith Stars In Action Packed Trailer For Netflix's "Bright"
Ayer has already expressed his hopes for a Bright sequel, so the film will need to be a hit on some level for that to happen. Netflix describes the movie as "genre bending" and the trailer bears that out.

25 October 2017
IPhone X Face ID sacrificed specs to save production
Already available now are the iPhone 8 and iPhone 8 Plus , which don't offer all the high-end features of the X model. One laser supplier, Finisar Corp., had to be dropped entirely, leaving Apple more dependent on its other partners.

25 October 2017
Tupperware Brands Corporation (NYSE:TUP) Experiences Lighter than Usual Trading Volume
BidaskClub downgraded Tupperware Brands Corporation from a "buy" rating to a "hold" rating in a report on Monday, July 24th. Teacher Retirement System of Texas lifted its position in Tupperware Brands Corporation by 0.3% during the second quarter.

25 October 2017
Deadline for Aadhaar linking for govt schemes extended to March 31, 2018
On October30, court will hear the government on mandatory linking of bank accounts and mobile phones. A school children cannot go to school and give his exams without giving his Aadhaar.

25 October 2017
Brexit is stupidest thing any country has done besides Trump — Michael Bloomberg
Bloomberg said London was the centre of Europe but warned that was "not going to be as true any more" due to Brexit . "It was not a smart thing to do and getting out of it is going to be very hard and is going to be very painful".



Recommended