Pensionfund Dsm Netherlands buys $3.3 Million stake in VF Corp (VFC)

VF Corp (VFC) : Pensionfund Dsm Netherlands scooped up 8,000 additional shares in VF Corp during the most recent quarter end , according to a recent disclosure to the SEC on Apr 4, 2016. The investment management firm now holds a total of 53,900 shares of VF Corp which is valued at $3.3 Million.VF Corp makes up approximately 0.46% of Pensionfund Dsm Netherlands’s portfolio.

Other Hedge Funds, Including ,

On the company’s financial health, VF Corp reported $0.95 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on Feb 19, 2016. Analyst had a consensus of $1.01. The company had revenue of $3413.00 million for the quarter, compared to analysts expectations of $3637.55 million. The company’s revenue was down -4.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.98 EPS.

Many Wall Street Analysts have commented on VF Corp. Shares were Reiterated by Telsey Advisory Group on Feb 22, 2016 to “Outperform” and Lowered the Price Target to $ 70 from a previous price target of $75 .Shares were Reiterated by Canaccord Genuity on Feb 22, 2016 to “Buy” and Lowered the Price Target to $ 82 from a previous price target of $83 .Shares were Reiterated by Barclays on Feb 22, 2016 to “Overweight” and Lowered the Price Target to $ 72 from a previous price target of $78 .

VF Corp closed down -0.69 points or -1.10% at $61.93 with 12,35,800 shares getting traded on Monday. Post opening the session at $62.74, the shares hit an intraday low of $61.92 and an intraday high of $63.03 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

V.F. Corporation (VF) is engaged in the design manufacturing marketing and distribution of branded lifestyle apparel footwear and accessories. The Company operates through five coalitions: Outdoor & Action Sports Jeanswear Imagewear Sportswear and Contemporary Brands. The Company owns a portfolio of brands in the outerwear footwear denim backpack luggage accessory sportswear occupational and performance apparel categories. The Company’s brands primarily include The North Face Vans Timberland Wrangler Lee and Nautica. The Company’s products are marketed to consumers shopping in specialty stores upscale and traditional department stores national chains mass merchants and its own direct-to-consumer operations. Its direct-to-consumer business includes VF-operated stores concession retail stores and e-commerce sites. The Company’s brands sell products in international markets through licensees distributors and independently-operated partnership stores.

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