V.F. Corp (NYSE:VFC).
Thomaspartners, Inc. reports that it raised its position in V.F. Corp by 2.3% as of the end of the last quarter. Its investment was worth $273,071,000 an increase of 12.9% as of quarter end.
These firms have modified their investment in VFC. Raymond James & Associates expanded its ownership by buying 9,923 shares an increase of 2.6%. Raymond James & Associates now holds 394,063 shares valued at $25,051,000. The total value of its holdings increased 13.2%. As of the end of the quarter Baird Financial Group, Inc. had sold 28,648 shares trimming its holdings by 15.2%. The value in dollars went from $10,869,000 to $10,174,000 a change of $695,000 quarter to quarter.
Bridgewater Wealth & Financial Management, LLC cut its investment by selling 1,542 shares a decrease of 1.2% in the quarter. Bridgewater Wealth & Financial Management, LLC claims 124,498 shares with a value of $7,914,000. The value of the position overall is up by 9.0%.
October 31 investment analysts at KeyCorp kept a “Hold” rating on the company. Equity analyst Canaccord Genuity raised the price target on October 25 changing the forecast from $73.00 to $81.00 with a rating of “Buy”.
Citigroup raised the price target on October 25 boosting the projection from $59.00 to $72.00 and issued a “Neutral” recommendation. Buckingham Research raised the price target of the stock on October 24 changing the price objective from $62.00 to $69.00 with a “Neutral” recommendation.
Equity analyst Morgan Stanley raised the price target on October 24 boosting the projection from $61.00 to $67.00 and issued a “Equal Weight” rating. Piper Jaffray Companies raised the price target on October 24 changing the price objective from $0.00 to $70.00 and stated a “Neutral” rating.
The company is up since yesterday’s close of 69.92. V.F. Corp’s P/E ratio is 29.07 and the market value is 27.67B. As of the latest earnings report the EPS was $2.41 with 395.15M shares now outstanding.
Investors are more bearish on shares of V.F. Corp lately if you consider the uptick in short interest. The firm realized a rise in short interest of 2.71% as of October 13, 2017 from the last reporting period. Short interest grew from 20,144,364 to 20,689,805 over that period. The days to cover increased to 11.0 and the percentage of shorted shares is 0.05% as of October 13.