PVH Corp (PVH) : Santa Fe Partners added new position in PVH Corp during the Fourth Quarter. The investment management firm now holds 43,003 shares of PVH Corp which is valued at $3.8 Million according to most recent disclosure to SEC.PVH Corp makes up approximately 0.63% of Santa Fe Partners’s portfolio.
Other Hedge Funds, Including , Geode Capital Management reduced its stake in PVH by selling 1,752 shares or 0.27% during the fourth quarter. The Hedge Fund company now holds 657,467 shares of PVH which is valued at $58 Million. PVH Corp makes up approx 0.03% of Geode Capital Management’s portfolio.Dynamic Technology Lab Private Ltd boosted its stake in PVH during the Q4 period, The investment management firm added 1,839 additional shares and now holds a total of 8,059 shares of PVH Corp which is valued at $711,449. PVH Corp makes up approx 0.21% of Dynamic Technology Lab Private Ltd’s portfolio.Howard Hughes Medical Institute boosted its stake in PVH during the Q4 period, The investment management firm added 239 additional shares and now holds a total of 40,399 shares of PVH Corp which is valued at $3.6 Million. PVH Corp makes up approx 0.55% of Howard Hughes Medical Institute’s portfolio. Dean Investment Associates sold out all of its stake in PVH during the fourth quarter. The investment firm sold 4,034 shares of PVH which is valued $356,122.Sawtooth Asset Management reduced its stake in PVH by selling 27 shares or 24.11% during the fourth quarter. The Hedge Fund company now holds 85 shares of PVH which is valued at $7,504.
On the company’s financial health, PVH Corp reported $1.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Mar 23, 2016. Analyst had a consensus of $1.46. The company had revenue of $2112.50 million for the quarter, compared to analysts expectations of $2072.62 million. The company’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.76 EPS.
Many Wall Street Analysts have commented on PVH Corp. Shares were Reiterated by Piper Jaffray on Dec 7, 2015 to “Overweight” and Lowered the Price Target to $ 88 from a previous price target of $115 .Shares were Reiterated by Telsey Advisory Group on Dec 4, 2015 to “Outperform” and Lowered the Price Target to $ 105 from a previous price target of $125 .Shares were Reiterated by Deutsche Bank on Dec 4, 2015 to “Buy” and Lowered the Price Target to $ 106 from a previous price target of $132 .
PVH Corp opened for trading at $88.3 and hit $90.81 on the upside on Monday, eventually ending the session at $90.57, with a gain of 2.59% or 2.29 points. The heightened volatility saw the trading volume jump to 15,58,652 shares. Company has a market cap of $7,422 M.
PVH Corp. is an apparel company. The Company’s brand portfolio consists Calvin Klein and Tommy Hilfiger Van Heusen IZOD ARROW Warner’s Olga and Eagle which are owned brands and Speedo Geoffrey Beene Kenneth Cole New York Kenneth Cole Reaction Sean John MICHAEL Michael Kors Michael Kors Collection Chaps Donald J. Trump Signature Collection DKNY Nautica Ted Baker J. Garcia Claiborne Ike Behar Jones New York and Ryan Seacrest which are licensed as well as various other licensed and private label brands. It designs and markets branded dress shirts neckwear sportswear jeanswear intimate apparel swim products and to a lesser extent handbags footwear and other related products. It manages its operations through its operating divisions which are presented as six segments: Calvin Klein North America; Calvin Klein International; Tommy Hilfiger North America; Tommy Hilfiger International; Heritage Brands Wholesale and Heritage Brands Retail.