Schaper Benz & Wise Investment Counsel Inc. WI decreased its holdings in shares of VF Corp (NYSE:VFC) by 2.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,910 shares of the textile maker’s stock after selling 300 shares during the quarter. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in VF were worth $971,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in VF by 1.2% during the second quarter. Vanguard Group Inc. now owns 28,051,212 shares of the textile maker’s stock worth $2,450,273,000 after acquiring an additional 329,338 shares during the period. Wells Fargo & Company MN raised its stake in VF by 2.6% during the second quarter. Wells Fargo & Company MN now owns 8,566,246 shares of the textile maker’s stock worth $748,262,000 after acquiring an additional 220,695 shares during the period. Bank of America Corp DE raised its stake in VF by 16.5% during the second quarter. Bank of America Corp DE now owns 7,375,848 shares of the textile maker’s stock worth $644,279,000 after acquiring an additional 1,045,204 shares during the period. Parnassus Investments CA grew its position in VF by 1.0% in the 3rd quarter. Parnassus Investments CA now owns 7,203,867 shares of the textile maker’s stock worth $641,072,000 after purchasing an additional 69,219 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in VF by 153.7% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 5,804,466 shares of the textile maker’s stock worth $507,020,000 after purchasing an additional 3,516,600 shares during the last quarter.

Several research analysts have commented on the stock. Susquehanna Bancshares upped their target price on shares of VF from $105.00 to $119.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Guggenheim restated a “buy” rating and issued a $105.00 target price on shares of VF in a research report on Friday, October 25th. Telsey Advisory Group restated an “outperform” rating and issued a $106.00 target price (up previously from $104.00) on shares of VF in a research report on Thursday, July 25th. ValuEngine upgraded shares of VF from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Finally, TheStreet cut shares of VF from a “b+” rating to a “c” rating in a research report on Wednesday, July 24th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $97.71.

In other news, VP Guerrini Martino Scabbia sold 17,000 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $90.21, for a total value of $1,533,570.00. Following the completion of the transaction, the vice president now directly owns 140,616 shares in the company, valued at $12,684,969.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Curtis A. Holtz sold 40,003 shares of the stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $83.25, for a total transaction of $3,330,249.75. Following the completion of the transaction, the vice president now owns 64,803 shares of the company’s stock, valued at $5,394,849.75. The disclosure for this sale can be found here. Insiders sold 85,021 shares of company stock valued at $7,194,376 over the last quarter. Insiders own 0.74% of the company’s stock.

Shares of VF stock traded up $0.66 on Friday, hitting $87.07. The company had a trading volume of 1,682,001 shares, compared to its average volume of 1,930,534. The business has a 50-day simple moving average of $87.80 and a 200-day simple moving average of $87.11. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.99 and a quick ratio of 1.20. The company has a market cap of $34.51 billion, a PE ratio of 23.03, a PEG ratio of 2.55 and a beta of 1.17. VF Corp has a 52 week low of $67.18 and a 52 week high of $96.20.

VF (NYSE:VFC) last posted its quarterly earnings data on Friday, October 25th. The textile maker reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.30 by ($0.04). The company had revenue of $3.39 billion during the quarter, compared to the consensus estimate of $3.42 billion. VF had a net margin of 10.07% and a return on equity of 32.04%. The company’s revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the business earned $1.43 earnings per share. On average, equities research analysts predict that VF Corp will post 3.36 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Tuesday, December 10th will be issued a $0.48 dividend. The ex-dividend date is Monday, December 9th. This is a boost from VF’s previous quarterly dividend of $0.43. This represents a $1.92 annualized dividend and a dividend yield of 2.21%. VF’s dividend payout ratio (DPR) is 45.50%.

VF Profile

V.F. Corporation engages in the design, production, 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 four segments: Outdoor & Action Sports, Jeanswear, Imagewear, and Other.

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Institutional Ownership by Quarter for VF (NYSE:VFC)

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