V F (VFC) Shares Declined While Raymond James Financial Services Advisors Decreased by $2.63 Million Its Stake; Natixis Has Raised Its Bunge Limited (BG) Position by $9.80 Million; Stock Rose

April 22, 2018 - By Vivian Park

V.F. Corporation (NYSE:VFC) Logo

Raymond James Financial Services Advisors Inc decreased its stake in V F Corp (VFC) by 18.22% based on its latest 2017Q4 regulatory filing with the SEC. Raymond James Financial Services Advisors Inc sold 35,594 shares as the company’s stock declined 0.19% with the market. The institutional investor held 159,728 shares of the apparel company at the end of 2017Q4, valued at $11.82 million, down from 195,322 at the end of the previous reported quarter. Raymond James Financial Services Advisors Inc who had been investing in V F Corp for a number of months, seems to be less bullish one the $30.74 billion market cap company. The stock decreased 0.36% or $0.28 during the last trading session, reaching $77.5. About 1.49 million shares traded. V.F. Corporation (NYSE:VFC) has risen 34.81% since April 22, 2017 and is uptrending. It has outperformed by 23.26% the S&P500.

Natixis increased its stake in Bunge Limited (BG) by 1206.88% based on its latest 2017Q4 regulatory filing with the SEC. Natixis bought 146,274 shares as the company’s stock rose 8.80% while stock markets declined. The institutional investor held 158,394 shares of the packaged foods company at the end of 2017Q4, valued at $10.63 million, up from 12,120 at the end of the previous reported quarter. Natixis who had been investing in Bunge Limited for a number of months, seems to be bullish on the $10.39 billion market cap company. The stock decreased 2.60% or $1.97 during the last trading session, reaching $73.73. About 2.53 million shares traded or 35.32% up from the average. Bunge Limited (NYSE:BG) has declined 9.19% since April 22, 2017 and is downtrending. It has underperformed by 20.74% the S&P500.

Among 30 analysts covering V.F. Corp (NYSE:VFC), 14 have Buy rating, 1 Sell and 15 Hold. Therefore 47% are positive. V.F. Corp had 106 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of V.F. Corporation (NYSE:VFC) has “Neutral” rating given on Tuesday, October 25 by Citigroup. The rating was downgraded by PiperJaffray on Tuesday, January 3 to “Neutral”. Canaccord Genuity maintained the stock with “Buy” rating in Monday, August 14 report. Piper Jaffray maintained V.F. Corporation (NYSE:VFC) on Friday, September 29 with “Hold” rating. The rating was maintained by Robert W. Baird with “Buy” on Monday, October 23. The firm has “Hold” rating given on Tuesday, October 31 by KeyBanc Capital Markets. The stock of V.F. Corporation (NYSE:VFC) earned “Hold” rating by Stifel Nicolaus on Tuesday, February 16. As per Thursday, July 20, the company rating was maintained by Piper Jaffray. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, October 24. The firm has “Hold” rating given on Tuesday, June 20 by Susquehanna.

Since October 26, 2017, it had 0 buys, and 3 insider sales for $6.96 million activity. MEAGHER LAURA C sold $990,549 worth of stock. Another trade for 65,604 shares valued at $4.63M was made by Rendle Steven E on Thursday, October 26.

Analysts await V.F. Corporation (NYSE:VFC) to report earnings on May, 4 before the open. They expect $0.65 EPS, up 18.18% or $0.10 from last year’s $0.55 per share. VFC’s profit will be $257.85M for 29.81 P/E if the $0.65 EPS becomes a reality. After $1.01 actual EPS reported by V.F. Corporation for the previous quarter, Wall Street now forecasts -35.64% negative EPS growth.

Investors sentiment decreased to 1.01 in Q4 2017. Its down 0.07, from 1.08 in 2017Q3. It is negative, as 41 investors sold VFC shares while 258 reduced holdings. 106 funds opened positions while 196 raised stakes. 392.21 million shares or 0.79% less from 395.35 million shares in 2017Q3 were reported. Moreover, Cap City Tru Co Fl has 2.12% invested in V.F. Corporation (NYSE:VFC). Toth Financial Advisory, Virginia-based fund reported 2,214 shares. Mckinley Carter Wealth Ser invested 0.27% in V.F. Corporation (NYSE:VFC). Horan Capital Ltd Co holds 0.18% in V.F. Corporation (NYSE:VFC) or 3,722 shares. Ashfield Partners Limited Liability Corporation reported 1.09% stake. Wetherby Asset Management owns 5,599 shares or 0.06% of their US portfolio. Columbia Prtn L L C Investment Mgmt invested 0.19% in V.F. Corporation (NYSE:VFC). Moreover, D E Shaw Inc has 0.08% invested in V.F. Corporation (NYSE:VFC). Comerica Savings Bank invested in 174,326 shares. Campbell And Adviser Ltd Liability Co has 0.82% invested in V.F. Corporation (NYSE:VFC) for 14,989 shares. 6,400 were accumulated by Sabal. Ameriprise Inc invested in 0.03% or 866,448 shares. 1.39 million are held by King Luther Mngmt Corporation. British Columbia Inv Corp reported 175,898 shares or 0.09% of all its holdings. North Star Invest holds 0% or 156 shares in its portfolio.

Raymond James Financial Services Advisors Inc, which manages about $52.09 billion and $15.99B US Long portfolio, upped its stake in Chubb Limited by 31,180 shares to 361,491 shares, valued at $52.83M in 2017Q4, according to the filing. It also increased its holding in Proshares Tr by 8,595 shares in the quarter, for a total of 124,766 shares, and has risen its stake in Ford Mtr Co Del (NYSE:F).

Natixis, which manages about $13.01 billion US Long portfolio, decreased its stake in Alaska Air Group Inc (NYSE:ALK) by 22,547 shares to 181,783 shares, valued at $13.36 million in 2017Q4, according to the filing. It also reduced its holding in Cadence Design System Inc (NASDAQ:CDNS) by 144,008 shares in the quarter, leaving it with 241,475 shares, and cut its stake in Woodward Inc (NASDAQ:WWD).

V.F. Corporation (NYSE:VFC) Institutional Positions Chart

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