Amica Mutual Insurance Co. Has $1,934,000 Stake in PVH Corp. (PVH)
Amica Mutual Insurance Co. maintained its position in PVH Corp. (NYSE:PVH) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,503 shares of the company’s stock at the end of the third quarter. Amica Mutual Insurance Co.’s holdings in PVH Corp. were worth $1,934,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of PVH. Sei Investments Co. increased its position in PVH Corp. by 18.1% in the second quarter. Sei Investments Co. now owns 1,169 shares of the company’s stock worth $110,000 after buying an additional 179 shares during the period. Advisors Asset Management Inc. increased its position in PVH Corp. by 172.0% in the third quarter. Advisors Asset Management Inc. now owns 1,088 shares of the company’s stock worth $120,000 after buying an additional 688 shares during the period. Acrospire Investment Management LLC increased its position in PVH Corp. by 30.0% in the second quarter. Acrospire Investment Management LLC now owns 1,300 shares of the company’s stock worth $122,000 after buying an additional 300 shares during the period. Societe Generale bought a new position in PVH Corp. during the second quarter worth approximately $145,000. Finally, Global X Management Co. LLC increased its position in PVH Corp. by 117.5% in the second quarter. Global X Management Co. LLC now owns 1,616 shares of the company’s stock worth $152,000 after buying an additional 873 shares during the period. Hedge funds and other institutional investors own 94.59% of the company’s stock.
PVH Corp. (NYSE:PVH) traded down 1.89% during trading on Tuesday, hitting $106.03. 1,083,677 shares of the stock traded hands. The firm’s 50-day moving average is $108.49 and its 200 day moving average is $102.59. PVH Corp. has a 52 week low of $64.16 and a 52 week high of $115.40. The stock has a market cap of $8.51 billion, a P/E ratio of 12.84 and a beta of 0.77.
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 19th. Investors of record on Wednesday, November 23rd will be issued a $0.0375 dividend. The ex-dividend date is Monday, November 21st. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.14%. PVH Corp.’s dividend payout ratio is 1.82%.
A number of research firms have commented on PVH. Zacks Investment Research downgraded shares of PVH Corp. from a “buy” rating to a “hold” rating in a research note on Friday, September 9th. Guggenheim initiated coverage on shares of PVH Corp. in a report on Friday, September 30th. They set a “buy” rating and a $125.00 target price on the stock. Deutsche Bank AG increased their target price on shares of PVH Corp. from $117.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 26th. Piper Jaffray Cos. reissued a “buy” rating and set a $124.00 target price on shares of PVH Corp. in a report on Monday. Finally, Morgan Stanley reissued a “hold” rating and set a $100.00 target price on shares of PVH Corp. in a report on Thursday, August 25th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $112.83.
In related news, EVP David F. Kozel sold 3,000 shares of PVH Corp. stock in a transaction dated Wednesday, October 12th. The stock was sold at an average price of $111.96, for a total value of $335,880.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mary Baglivo sold 2,280 shares of PVH Corp. stock in a transaction dated Monday, October 3rd. The shares were sold at an average price of $110.26, for a total value of $251,392.80. The disclosure for this sale can be found here. 1.30% of the stock is owned by corporate insiders.
About PVH Corp.
PVH Corp. is an apparel company. The Company’s segments include Calvin Klein North America; Calvin Klein International; Tommy Hilfiger North America; Tommy Hilfiger International; Heritage Brands Wholesale, and Heritage Brands Retail. The Company’s brand portfolio consists of various brand names, including Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, ARROW, Warner’s, Olga and Eagle, which are owned, and Speedo, Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, MICHAEL Michael Kors, Michael Kors Collection and Chaps, which are licensed, as well as various other licensed and private label brands.
Receive News & Stock Ratings for PVH Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PVH Corp. and related stocks with our FREE daily email newsletter.