O Brien Greene & Co. Inc Has $570,000 Holdings in VF Corp (NYSE:VFC)

O Brien Greene & Co. Inc raised its stake in shares of VF Corp (NYSE:VFC) by 18.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,550 shares of the textile maker’s stock after purchasing an additional 1,000 shares during the period. O Brien Greene & Co. Inc’s holdings in VF were worth $570,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of VFC. SG Americas Securities LLC grew its stake in shares of VF by 236.9% during the first quarter. SG Americas Securities LLC now owns 77,023 shares of the textile maker’s stock valued at $6,694,000 after buying an additional 54,158 shares during the last quarter. Arizona State Retirement System grew its stake in shares of VF by 3.4% during the first quarter. Arizona State Retirement System now owns 132,937 shares of the textile maker’s stock valued at $11,554,000 after buying an additional 4,356 shares during the last quarter. Wedgewood Investors Inc. PA grew its stake in shares of VF by 4.8% during the first quarter. Wedgewood Investors Inc. PA now owns 4,350 shares of the textile maker’s stock valued at $378,000 after buying an additional 200 shares during the last quarter. Choate Investment Advisors grew its stake in shares of VF by 13.3% during the first quarter. Choate Investment Advisors now owns 16,124 shares of the textile maker’s stock valued at $1,401,000 after buying an additional 1,899 shares during the last quarter. Finally, Hartford Investment Management Co. grew its stake in shares of VF by 107.7% during the first quarter. Hartford Investment Management Co. now owns 118,718 shares of the textile maker’s stock valued at $10,318,000 after buying an additional 61,564 shares during the last quarter.

NYSE:VFC traded down $1.77 during midday trading on Wednesday, hitting $90.33. The stock had a trading volume of 4,768,970 shares, compared to its average volume of 2,063,044. VF Corp has a one year low of $67.18 and a one year high of $97.00. The stock has a market cap of $35.92 billion, a P/E ratio of 30.31, a price-to-earnings-growth ratio of 1.88 and a beta of 1.15. The company has a quick ratio of 1.07, a current ratio of 1.80 and a debt-to-equity ratio of 0.50.

VF (NYSE:VFC) last announced its earnings results on Wednesday, May 22nd. The textile maker reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.02. The business had revenue of $3.21 billion for the quarter, compared to analysts’ expectations of $3.20 billion. VF had a return on equity of 38.84% and a net margin of 10.11%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.67 EPS. On average, sell-side analysts anticipate that VF Corp will post 3.75 EPS for the current fiscal year.

A number of research analysts have recently commented on VFC shares. Telsey Advisory Group reaffirmed an “outperform” rating and set a $96.00 target price (up previously from $88.00) on shares of VF in a research note on Tuesday, January 22nd. Cowen upped their target price on VF from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Tuesday, February 19th. Citigroup reaffirmed a “neutral” rating and set a $85.00 target price (down previously from $90.00) on shares of VF in a research note on Monday, March 18th. Wedbush upped their target price on VF from $90.00 to $98.00 and gave the company an “outperform” rating in a research note on Monday, April 8th. Finally, UBS Group increased their price objective on VF from $84.00 to $92.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 14th. Six investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $92.95.

In other VF news, VP Scott H. Baxter sold 51,911 shares of the stock in a transaction on Friday, March 15th. The stock was sold at an average price of $84.25, for a total transaction of $4,373,501.75. Following the sale, the vice president now owns 201,972 shares of the company’s stock, valued at approximately $17,016,141. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.72% of the stock is currently owned by company insiders.

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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.

Read More: Current Ratio

Institutional Ownership by Quarter for VF (NYSE:VFC)

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