PVH (PVH) : Traders are bullish on PVH (PVH) as it has outperformed the S&P 500 by a wide margin of 4.49% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.39%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.44% in the last 1 week, and is up 5.57% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.95% and the 50-Day Moving Average is 6.73%. PVH (NYSE:PVH): stock turned positive on Friday. Though the stock opened at $102.61, the bulls momentum made the stock top out at $104.22 level for the day. The stock recorded a low of $102.32 and closed the trading day at $104, in the green by 0.92%. The total traded volume for the day was 644,731. The stock had closed at $103.05 in the previous days trading.
The company Insiders own 1.3% of PVH shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 30.53% . Institutional Investors own 96.28% of PVH shares. During last six month period, the net percent change held by insiders has seen a change of -2.55%. Also, Equity analysts at the Brokerage firm Brean Capital maintains its rating on PVH (NYSE:PVH). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Brean Capital raises the price target from $111 per share to $115 per share. The rating by the firm was issued on May 27, 2016.
PVH Corp. is an apparel company. The Companys brand portfolio consists Calvin Klein and Tommy Hilfiger, Van Heusen, IZOD, ARROW, Warners, 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.