JPMorgan May Have Just Upped Their Stakes in V.F. Corp (VFC)

July 16, 2018 - By Megan Stone

V.F. Corporation (NYSE:VFC) Logo

Investors sentiment decreased to 0.85 in 2018 Q1. Its down 0.16, from 1.01 in 2017Q4. It dropped, as 53 investors sold V.F. Corporation shares while 283 reduced holdings. 89 funds opened positions while 198 raised stakes. 383.50 million shares or 2.22% less from 392.21 million shares in 2017Q4 were reported.

Freestone reported 19,050 shares. Captrust Fin Advsrs holds 290 shares. Alethea Cap Mngmt Ltd Liability reported 32,155 shares. Dodge & Cox holds 2,941 shares. Mark Sheptoff Planning Limited Liability Corporation stated it has 50 shares. Comml Bank Of Nova Scotia has invested 0.02% of its portfolio in V.F. Corporation (NYSE:VFC). Gotham Asset Mgmt Ltd Llc reported 388,800 shares. Ls Invest Advisors Ltd Liability Corporation reported 47,170 shares. Clearbridge Investments Ltd Limited Liability Company, a New York-based fund reported 4,151 shares. Coastline Tru stated it has 0.08% of its portfolio in V.F. Corporation (NYSE:VFC). Arcadia Mi holds 1.4% of its portfolio in V.F. Corporation (NYSE:VFC) for 67,234 shares. Maine-based Hm Payson & has invested 0.96% in V.F. Corporation (NYSE:VFC). Roffman Miller Associates Incorporated Pa owns 226,963 shares or 2.13% of their US portfolio. Ajo Lp owns 24,852 shares or 0.01% of their US portfolio. Community Bancorp Of Raymore accumulated 3,800 shares.

Since May 14, 2018, it had 0 buys, and 6 sales for $17.95 million activity. $5.94M worth of V.F. Corporation (NYSE:VFC) was sold by Rendle Steven E on Friday, May 18. $2.02M worth of V.F. Corporation (NYSE:VFC) was sold by CHUGG JULIANA L on Wednesday, May 16. Scabbia Guerrini Martino had sold 20,096 shares worth $1.69M. $1.60M worth of V.F. Corporation (NYSE:VFC) shares were sold by Roe Scott A.. Baxter Scott H sold $5.53M worth of stock.

V.F. Corp (VFC) Stock Upgrade

The previous rating of a “Neutral” for V.F. Corp (VFC) has been discontinued as JPMorgan upgraded VFC’s current rating to a respectable “Overweight”.

The stock increased 4.41% or $3.7442 during the last trading session, reaching $88.5842. About 2.78 million shares traded or 41.20% up from the average. V.F. Corporation (VFC) has risen 53.64% since July 16, 2017 and is uptrending. It has outperformed by 41.07% the S&P500.

Analysts await V.F. Corporation (NYSE:VFC) to report earnings on July, 23. They expect $0.33 EPS, up 13.79 % or $0.04 from last year’s $0.29 per share. VFC’s profit will be $130.17M for 67.11 P/E if the $0.33 EPS becomes a reality. After $0.67 actual EPS reported by V.F. Corporation for the previous quarter, Wall Street now forecasts -50.75 % negative EPS growth.

V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products in the Americas, Europe, and the Asia Pacific. The company has market cap of $34.94 billion. It operates through four divisions: Outdoor & Action Sports, Jeanswear, Imagewear, and Sportswear. It has a 53.62 P/E ratio. The firm offers outdoor apparel, youth culture/action sports-inspired footwear, footwear and equipment, handbags, luggage, backpacks, totes, accessories, backpacks, surfing-inspired footwear, merino wool socks, womenÂ’s activewear, and travel accessories under The North Face, Vans, Timberland, Kipling, Napapijri, JanSport, Reef, Smartwool, Eastpak, lucy, and Eagle Creek brands.

Another recent and important V.F. Corporation (NYSE:VFC) news was published by Benzinga.com which published an article titled: “VF Corp. Upgraded On Strength In Vans Brand, Consumer Momentum” on July 13, 2018.

V.F. Corporation (NYSE:VFC) Institutional Positions Chart

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