Columbia Asset Management Increased By $346,110 Its F D X (FDX) Stake; PVH (PVH)’s Sentiment Is 1.02

April 22, 2018 - By Vivian Park

FedEx Corporation (NYSE:FDX) Logo

PVH Corp (PVH) investors sentiment decreased to 1.02 in Q4 2017. It’s down -0.02, from 1.04 in 2017Q3. The ratio has worsened, as 199 hedge funds opened new or increased equity positions, while 196 cut down and sold holdings in PVH Corp. The hedge funds in our database now have: 71.40 million shares, up from 70.99 million shares in 2017Q3. Also, the number of hedge funds holding PVH Corp in top ten equity positions decreased from 11 to 6 for a decrease of 5. Sold All: 31 Reduced: 165 Increased: 143 New Position: 56.

Columbia Asset Management increased F D X Corporation (FDX) stake by 29.49% reported in 2017Q4 SEC filing. Columbia Asset Management acquired 1,390 shares as F D X Corporation (FDX)’s stock declined 6.15%. The Columbia Asset Management holds 6,103 shares with $1.52 million value, up from 4,713 last quarter. F D X Corporation now has $66.03 billion valuation. The stock decreased 1.78% or $4.47 during the last trading session, reaching $247.12. About 1.51M shares traded. FedEx Corporation (NYSE:FDX) has risen 25.45% since April 22, 2017 and is uptrending. It has outperformed by 13.90% the S&P500.

Columbia Asset Management decreased Hewlett Packard Ente stake by 25,613 shares to 25,612 valued at $368,000 in 2017Q4. It also reduced Boeing Co (NYSE:BA) stake by 1,062 shares and now owns 18,946 shares. Dowdupont Inc was reduced too.

Among 37 analysts covering FedEx (NYSE:FDX), 26 have Buy rating, 1 Sell and 10 Hold. Therefore 70% are positive. FedEx had 116 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, December 20 by Stifel Nicolaus. The stock has “Equal Weight” rating by Barclays Capital on Monday, November 2. The firm has “Hold” rating given on Tuesday, June 6 by Seaport Global. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, September 2 report. The firm has “Buy” rating given on Wednesday, December 20 by Wells Fargo. Bernstein upgraded the stock to “Outperform” rating in Friday, February 23 report. The rating was maintained by Cowen & Co with “Buy” on Friday, October 13. As per Thursday, September 17, the company rating was maintained by Cowen & Co. Stifel Nicolaus maintained it with “Buy” rating and $174 target in Thursday, March 17 report. KeyBanc Capital Markets maintained FedEx Corporation (NYSE:FDX) rating on Wednesday, December 20. KeyBanc Capital Markets has “Buy” rating and $275.0 target.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.14, from 1.07 in 2017Q3. It improved, as 45 investors sold FDX shares while 366 reduced holdings. 137 funds opened positions while 361 raised stakes. 193.75 million shares or 3.04% less from 199.84 million shares in 2017Q3 were reported. Zwj Investment Counsel Inc reported 0.14% in FedEx Corporation (NYSE:FDX). Inv House reported 2.08% in FedEx Corporation (NYSE:FDX). Kj Harrison Prns invested in 5,000 shares. Hsbc Holding Public Ltd Company accumulated 519,117 shares. Tdam Usa invested in 7,614 shares. Tompkins Corp, a New York-based fund reported 619 shares. 37,180 were accumulated by Asset Advisors. Cwm Limited Liability holds 136,574 shares. Gam Ag has 0.05% invested in FedEx Corporation (NYSE:FDX). Cabot reported 0.23% of its portfolio in FedEx Corporation (NYSE:FDX). Calamos Advsr has invested 0.05% in FedEx Corporation (NYSE:FDX). Gofen And Glossberg Llc Il stated it has 0.02% of its portfolio in FedEx Corporation (NYSE:FDX). Laurel Grove Capital Ltd Company has invested 1.12% in FedEx Corporation (NYSE:FDX). Hbk Sorce Advisory Lc owns 0.07% invested in FedEx Corporation (NYSE:FDX) for 2,290 shares. Gamble Jones Investment Counsel holds 0.09% or 3,878 shares.

Since October 26, 2017, it had 1 buy, and 4 selling transactions for $16.35 million activity. 46,555 shares were sold by BRONCZEK DAVID J, worth $11.89 million. On Wednesday, April 18 WALSH PAUL S sold $1.12 million worth of FedEx Corporation (NYSE:FDX) or 4,400 shares. Shares for $2.55M were sold by Maier Henry J. $19,837 worth of FedEx Corporation (NYSE:FDX) shares were bought by SCHWAB SUSAN C. $802,405 worth of stock was sold by STEINER DAVID P on Friday, January 5.

The stock decreased 0.55% or $0.88 during the last trading session, reaching $159.48. About 843,250 shares traded. PVH Corp. (PVH) has risen 41.04% since April 22, 2017 and is uptrending. It has outperformed by 29.49% the S&P500.

Analysts await PVH Corp. (NYSE:PVH) to report earnings on May, 23. They expect $2.25 earnings per share, up 36.36% or $0.60 from last year’s $1.65 per share. PVH’s profit will be $173.24 million for 17.72 P/E if the $2.25 EPS becomes a reality. After $1.58 actual earnings per share reported by PVH Corp. for the previous quarter, Wall Street now forecasts 42.41% EPS growth.

Ratings analysis reveals 100% of PVH’s analysts are positive. Out of 3 Wall Street analysts rating PVH, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $120.0 while the high is $125.0. The stock’s average target of $122.50 is -23.19% below today’s ($159.48) share price. PVH was included in 3 notes of analysts from August 26, 2016. The rating was initiated by Guggenheim with “Buy” on Friday, September 30. The firm has “Outperform” rating given on Friday, August 26 by Telsey Advisory. As per Friday, August 26, the company rating was maintained by Deutsche Bank.

Since January 1, 0001, it had 0 buys, and 15 sales for $65.37 million activity.

PVH Corp. operates as an apparel company in the United States and internationally. The company has market cap of $12.28 billion. The firm operates through Calvin Klein North America, Calvin Klein International, Tommy Hilfiger North America, Tommy Hilfiger International, Heritage Brands Wholesale, and Heritage Brands Retail divisions. It has a 23.32 P/E ratio. It designs, markets, and retails menÂ’s and womenÂ’s apparel and accessories, branded dress shirts, neckwear, sportswear, jeans wear, intimate apparel, swim products, handbags, footwear, golf apparel, fragrances, cosmetics, eyewear, socks, jewelry, watches, outerwear, small leather goods, and furnishings, as well as other related products.

Msd Capital L P holds 20.14% of its portfolio in PVH Corp. for 92,169 shares. Shellback Capital Lp owns 435,000 shares or 4.45% of their US portfolio. Moreover, Hahn Capital Management Llc has 3.68% invested in the company for 284,896 shares. The New York-based Cramer Rosenthal Mcglynn Llc has invested 2.25% in the stock. Omega Advisors Inc., a New York-based fund reported 432,838 shares.

PVH Corp. (NYSE:PVH) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: