Suffolk Capital Management buys $11,024,392 stake in PVH Corp (PVH)

PVH Corp (PVH) : Suffolk Capital Management scooped up 16,514 additional shares in PVH Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 106,981 shares of PVH Corp which is valued at $11,024,392.PVH Corp makes up approximately 1.32% of Suffolk Capital Management’s portfolio.

Other Hedge Funds, Including , Los Angeles Capital Management Equity Research Inc boosted its stake in PVH in the latest quarter, The investment management firm added 11,318 additional shares and now holds a total of 22,300 shares of PVH Corp which is valued at $2,298,015. PVH Corp makes up approx 0.02% of Los Angeles Capital Management Equity Research Inc’s portfolio.State Board Of Administration Of Florida Retirement System boosted its stake in PVH in the latest quarter, The investment management firm added 27,202 additional shares and now holds a total of 122,824 shares of PVH Corp which is valued at $12,114,131. PVH Corp makes up approx 0.04% of State Board Of Administration Of Florida Retirement System’s portfolio.State Of New Jersey Common Pension Fund D reduced its stake in PVH by selling 5,000 shares or 12.99% in the most recent quarter. The Hedge Fund company now holds 33,500 shares of PVH which is valued at $3,205,615. PVH Corp makes up approx 0.01% of State Of New Jersey Common Pension Fund D’s portfolio.Meeder Asset Management Inc boosted its stake in PVH in the latest quarter, The investment management firm added 954 additional shares and now holds a total of 9,877 shares of PVH Corp which is valued at $985,725. PVH Corp makes up approx 0.09% of Meeder Asset Management Inc’s portfolio.

PVH Corp opened for trading at $104.06 and hit $105.52 on the upside on Monday, eventually ending the session at $105.05, with a gain of 1.01% or 1.05 points. The heightened volatility saw the trading volume jump to 4,19,869 shares. Company has a market cap of $8,494 M.

On the company’s financial health, PVH Corp reported $1.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on May 25, 2016. Analyst had a consensus of $1.43. The company had revenue of $1918.00 million for the quarter, compared to analysts expectations of $1901.08 million. The company’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.50 EPS.

PVH Corp. is an apparel company. The Company’s brand portfolio consists Calvin Klein and Tommy Hilfiger Van Heusen IZOD ARROW Warner’s 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.

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