V.F. Corporation (VFC) Trading at $81.93 Forms Bullish Double Top Chart Pattern

June 29, 2018 - By Theresa McIntyre

V.F. Corporation (NYSE:VFC) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0.85. That’s change of 0.16, from 2017Q4’s 1.01. 53 investors sold all, 283 reduced holdings as V.F. Corporation ratio dived. 198 rose stakes while 89 funds took stakes. Funds hold 383.50 million shares thus 2.22% less from 2017Q4’s 392.21 million shares.
360,829 were accumulated by Manufacturers Life The. Moreover, Coastline Trust has 0.08% invested in V.F. Corporation (NYSE:VFC). 35,523 are owned by Schroder Investment Gp. Utd Automobile Association accumulated 170,865 shs. Capital One National Association holds 3,413 shs. Ubs Asset Mgmt Americas has invested 0% in V.F. Corporation (NYSE:VFC). Deutsche Fincl Bank Ag, Germany-based fund reported 1.37 million shs. Mcf Ltd Limited Liability Company holds 0% or 40 shs in its capital. Cambridge Trust accumulated 68,389 shs. 40,748 were reported by Amf Pensionsforsakring Ab. Omers Administration Corp reported 49,200 shs stake. Moreover, Vantage Inv Ltd has 0.01% invested in V.F. Corporation (NYSE:VFC) for 500 shs. Guardian Life Insurance Com Of America reported 754 shs stake. Acadian Asset Mngmt stated it has 201,636 shs or 0.06% of all its holdings. Missouri-based Stifel Financial has invested 0.25% in V.F. Corporation (NYSE:VFC).

V.F. Corporation registered $17.95 million net activity with 0 insider buys and 6 insider sales since May 14, 2018. Another trade for 65,988 shs valued at $5.53M was made by Baxter Scott H on Thursday, June 14. Shares for $1.60 million were sold by Roe Scott A. on Friday, May 18. BAILEY KEVIN sold 15,000 shs worth $1.16 million. $2.02M worth of V.F. Corporation (NYSE:VFC) was sold by CHUGG JULIANA L. Scabbia Guerrini Martino also sold $1.69M worth of V.F. Corporation (NYSE:VFC) shs.

V.F. Corporation (VFC) chart makes a double top chart setup with $85.21 price target. That’s 4.00 % above today’s $81.93 price per share. $32.32B market cap has the stock. On Jun, 29 it was reported by Finviz.com. At our $85.21 price target, the company worth will be $1.29 billion more.

Ticker’s shares touched $81.93 during the last trading session after 0.42% change.Currently V.F. Corporation is uptrending after 53.64% change in last June 29, 2017. VFC has 447,629 shares volume. VFC outperformed the S&P500 by 41.07%.

V.F. Corporation (NYSE:VFC)’s quarterly earnings will be announced on July, 23., according to RTT. Analysts predict 10.34 % diference or $0.32 from the $0.29 EPS from 2017. If reported the P/E will be 64.01 with $126.23M profit. Wall Street forecasts -52.24 % negative EPS growth as of July, 23.

V.F. Corporation (NYSE:VFC) Ratings Coverage

Total analysts of 15 have positions in VF Corp (NYSE:VFC) as follows: 10 rated it a “Buy”, 0 with “Sell” and 5 with “Hold”. The positive are 67%. Since January 8, 2018 according to StockzIntelligence Inc VF Corp has 19 analyst reports. On Friday, February 2 Barclays Capital initiated V.F. Corporation (NYSE:VFC) with “Buy” rating. On Friday, February 16 Piper Jaffray maintained the shares of VFC in report with “Buy” rating. On Monday, February 5 the stock of V.F. Corporation (NYSE:VFC) has “Overweight” rating given by PiperJaffray. On Tuesday, February 20 the firm earned “Neutral” rating by JP Morgan. The company rating was maintained by Barclays Capital on Tuesday, February 20. On Monday, February 5 the rating was maintained by Cowen & Co with “Hold”. On Monday, February 12 the stock of V.F. Corporation (NYSE:VFC) earned “Buy” rating by Stifel Nicolaus. On Monday, April 30 the stock of V.F. Corporation (NYSE:VFC) has “Buy” rating given by Canaccord Genuity. On Monday, May 7 Robert W. Baird maintained V.F. Corporation (NYSE:VFC) rating. Robert W. Baird has “Outperform” rating and $90 target. On Tuesday, May 8 the firm earned “Neutral” rating by Buckingham Research.

A couple more V.F. Corporation (NYSE:VFC) news were posted by: Investorplace.com which released on June 28, 2018 “7 Stocks to Buy That Aren’t in the Dow But Should Be”, also Finance.Yahoo.com on June 06, 2018 posted “Should You Buy VF. Corporation (NYSE:VFC) At $82.96?”, the next Benzinga.com is “Goldman Sachs Bullish On Tapestry, VF Corp, Tiffany; Says Sell PVH” on June 26, 2018. Seekingalpha.com has article titled “Sell Kraft-Heinz At $64-65 – Cramer’s Lightning Round (6/21/18)”.

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

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