V.F. Corporation (VFC) With $81.94 Price Forms Bullish Double Top Pattern

June 29, 2018 - By Estela Ashley

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

Big Money Sentiment decreased to 0.85 in Q1 2018. It has change of 0.16, from 2017Q4’s 1.01. The ratio fall due to V.F. Corporation positioning: 53 sold and 283 reduced. 89 funds bought holdings and 198 increased holdings. Investors holded 392.21 million in 2017Q4 but now own 383.50 million shares or 2.22% less.
Fulton Retail Bank Na has 6,473 shs. Mariner Ltd Liability Co accumulated 25,051 shs. Covington Cap reported 78,785 shs. Catawba Capital Va reported 0.08% stake. Blb&B Advsr Limited Liability Company holds 0.29% or 29,377 shs in its capital. Wellington Management Gru Limited Liability Partnership has invested 0.21% in V.F. Corporation (NYSE:VFC). Toth Financial Advisory has 0.04% invested in V.F. Corporation (NYSE:VFC). Kornitzer Capital Mngmt Incorporated Ks has 220,810 shs for 0.28% of their capital. Bessemer Group owns 6,255 shs. Regentatlantic Cap Lc accumulated 21,010 shs. First Republic Investment Mgmt owns 312,353 shs. 3,672 are held by Univest Of Pennsylvania. Arrowstreet Lp invested in 1.31M shs or 0.22% of the stock. Axa has 210,843 shs. Amica Mutual Insur Co has 12,463 shs for 0.12% of their capital.

V.F. Corporation had 6 insider sales and 0 insider purchases since May 14, 2018. This’s net activity of $17.95 million. On Monday, May 14 $1.16 million worth of stock was sold by BAILEY KEVIN. On Friday, May 18 Rendle Steven E sold $5.94 million worth of V.F. Corporation (NYSE:VFC) or 74,180 shs. Roe Scott A. also sold $1.60 million worth of V.F. Corporation (NYSE:VFC) on Friday, May 18. Baxter Scott H sold $5.53 million worth of stock. On Wednesday, May 16 $2.02 million worth of V.F. Corporation (NYSE:VFC) was sold by CHUGG JULIANA L.

V.F. Corporation (VFC) chart forms a double top chart pattern with $85.22 price target. That’s 4.00 % above today’s $81.94 share price. $32.32 billion market cap has the stock. On Jun, 29 this chart pattern was announced by Finviz.com. At $85.22 price target, the company’s valuation could be $1.29 billion more.

VFC is hitting $81.94 during the last trading session, after increased 0.43%.Currently V.F. Corporation is uptrending after 53.64% change in last June 29, 2017. VFC has 444,799 shares volume. VFC outperformed the S&P500 by 41.07%.

V.F. Corporation (NYSE:VFC)’s earnings release is awaited by WallStreet on July, 23, Zacks reports. Last year’s EPS was $0.29, while now analysts expect change of 10.34 % up from current $0.32 EPS. If $0.32 is reported, VFC’s profit will hit $126.23M for 64.02 P/E. Wall Street sees -52.24 % negative EPS growth as of July, 23.

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

In total 15 analysts cover VF Corp (NYSE:VFC). “Buy” rating has 10, “Sell” are 0, while 5 are “Hold”. 67% are bullish. 19 are the (NYSE:VFC)’s analyst reports since January 8, 2018 according to StockzIntelligence Inc. The stock rating was maintained by Piper Jaffray with “Buy” on Friday, February 16. On Monday, January 29 the rating was maintained by Canaccord Genuity with “Buy”. The stock rating was initiated by Barclays Capital with “Buy” on Friday, February 2. On Tuesday, February 20 JP Morgan maintained the shares of VFC in report with “Neutral” rating. The stock rating was upgraded by PiperJaffray to “Overweight” on Monday, February 5. On Monday, April 30 Canaccord Genuity maintained V.F. Corporation (NYSE:VFC) with “Buy” rating. On Friday, January 26 Piper Jaffray maintained the shares of VFC in report with “Hold” rating. On Monday, January 8 the firm has “Buy” rating given by Guggenheim. 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, February 20 the firm has “Overweight” rating given by Barclays Capital.

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 Seekingalpha.com on June 22, 2018 posted “Sell Kraft-Heinz At $64-65 – Cramer’s Lightning Round (6/21/18)”, the next Benzinga.com is “Goldman Sachs Bullish On Tapestry, VF Corp, Tiffany; Says Sell PVH” on June 26, 2018. Finance.Yahoo.com has article titled “Should You Buy VF. Corporation (NYSE:VFC) At $82.96?”.

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

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