Everett Harris Co Ca Lowers stake in VF Corp (VFC)

VF Corp (VFC) : Everett Harris Co Ca reduced its stake in VF Corp by 0.26% during the most recent quarter end. The investment management company now holds a total of 318,800 shares of VF Corp which is valued at $19,338,408 after selling 830 shares in VF Corp , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.VF Corp makes up approximately 0.67% of Everett Harris Co Ca’s portfolio.

Other Hedge Funds, Including , Spero-smith Investment Advisers Inc Oh boosted its stake in VFC in the latest quarter, The investment management firm added 95 additional shares and now holds a total of 18,184 shares of VF Corp which is valued at $1,103,041. VF Corp makes up approx 1.36% of Spero-smith Investment Advisers Inc Oh’s portfolio.Boston Advisors reduced its stake in VFC by selling 6,436 shares or 9.5% in the most recent quarter. The Hedge Fund company now holds 61,290 shares of VFC which is valued at $3,782,819. VF Corp makes up approx 0.09% of Boston Advisors’s portfolio.Duncker Streett Co Inc boosted its stake in VFC in the latest quarter, The investment management firm added 202 additional shares and now holds a total of 48,457 shares of VF Corp which is valued at $3,022,263. VF Corp makes up approx 1.04% of Duncker Streett Co Inc’s portfolio.Laurel Grove Capital reduced its stake in VFC by selling 1,000 shares or 2.14% in the most recent quarter. The Hedge Fund company now holds 45,700 shares of VFC which is valued at $2,850,309. VF Corp makes up approx 1.67% of Laurel Grove Capital’s portfolio.Wendell David Associates Inc boosted its stake in VFC in the latest quarter, The investment management firm added 3,345 additional shares and now holds a total of 25,505 shares of VF Corp which is valued at $1,637,931. VF Corp makes up approx 0.31% of Wendell David Associates Inc’s portfolio.

VF Corp opened for trading at $62.38 and hit $62.94 on the upside on Monday, eventually ending the session at $62.42, with a gain of 0.42% or 0.26 points. The heightened volatility saw the trading volume jump to 25,49,757 shares. Company has a market cap of $26,030 M.

On the company’s financial health, VF Corp reported $0.36 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 22, 2016. Analyst had a consensus of $0.34. The company had revenue of $2445.30 million for the quarter, compared to analysts expectations of $2526.79 million. The company’s revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.

Investors should note that on Jul 22, 2016, VF Corp announced a cash dividend of $0.3700. The company’s management has announced Sep 7, 2016 as the ex-dividend date and fixed the record date on Sep 9, 2016. The payable date has been fixed on Sep 19, 2016.

Many Wall Street Analysts have commented on VF Corp. VF Corp was Downgraded by Brean Capital to ” Hold” on Jul 15, 2016.

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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