As Pvh Corp (PVH) Valuation Rose, Msd Capital LP Raised Its Position

June 17, 2018 - By James Guidry

PVH Corp. (NYSE:PVH) LogoInvestors sentiment decreased to 0.9 in Q1 2018. Its down 0.12, from 1.02 in 2017Q4. It worsened, as 26 investors sold PVH shares while 182 reduced holdings. 53 funds opened positions while 135 raised stakes. 70.18 million shares or 1.71% less from 71.40 million shares in 2017Q4 were reported. Mackay Shields Ltd Liability Com has 13,032 shares for 0.01% of their portfolio. South Dakota Invest Council reported 8,100 shares stake. Montag A And Associate invested 0.05% in PVH Corp. (NYSE:PVH). Rhumbline Advisers has 156,986 shares for 0.05% of their portfolio. Riverhead Capital Management Ltd Co owns 20,873 shares for 0.13% of their portfolio. Dubuque Retail Bank Tru reported 39 shares stake. Huntington Bank reported 277 shares. 8,150 were accumulated by Teachers Retirement Of The State Of Kentucky. Stevens Capital Management Ltd Partnership accumulated 58,641 shares or 0.34% of the stock. Moreover, Lloyds Banking Group Incorporated Public Ltd Liability Company has 1.75% invested in PVH Corp. (NYSE:PVH). Mutual Of America Capital Management Ltd Llc owns 9,847 shares for 0.02% of their portfolio. Dynamic Cap Ltd has 16,241 shares. 1,810 were reported by Everence Cap Management. Adage Cap Ptnrs Grp Inc Ltd owns 311,049 shares. Chase Inv Counsel Corporation accumulated 8,853 shares.

Since December 18, 2017, it had 0 insider purchases, and 15 sales for $25.85 million activity. $7.30 million worth of PVH Corp. (NYSE:PVH) shares were sold by Shaffer Michael A. SHIFFMAN STEVEN B sold $200,047 worth of stock or 1,250 shares. FISCHER MARK D sold $178,200 worth of stock. Another trade for 16,475 shares valued at $2.64M was made by DUANE FRANCIS K on Tuesday, June 5. NASELLA HENRY sold $3.10M worth of stock or 20,000 shares. On Friday, June 1 GRIEDER DANIEL sold $6.85 million worth of PVH Corp. (NYSE:PVH) or 43,200 shares.

Glenn Fuhrman increased its stake in Pvh Corp (PVH) by 63.69% based on its latest 2018Q1 regulatory filing with the SEC. Msd Capital LP bought 58,705 shares as the company’s stock rose 5.52% while stock markets declined. The hedge fund run by Glenn Fuhrman held 150,874 shares of the apparel company at the end of 2018Q1, valued at $22.85M, up from 92,169 at the end of the previous reported quarter. Msd Capital LP who had been investing in Pvh Corp for a number of months, seems to be bullish on the $12.44B market cap company. The stock increased 0.73% or $1.17 during the last trading session, reaching $161.41. About 987,858 shares traded. PVH Corp. (NYSE:PVH) has risen 47.52% since June 17, 2017 and is uptrending. It has outperformed by 34.95% the S&P500.

Msd Capital L P, which manages about $91.96M US Long portfolio, decreased its stake in Pvh Corp (Call) (NYSE:PVH) by 42,169 shares to 50,000 shares, valued at $7.57 million in 2018Q1, according to the filing.

More important recent PVH Corp. (NYSE:PVH) news were published by: which released: “PVH Corp. Named to Fortune Magazine’s 2018 List of America’s 500 Largest Corporations” on May 22, 2018, also published article titled: “PVH Corp. (PVH) CEO Manny Chirico on Q1 2018 Results – Earnings Call Transcript”, published: “PVH lifts full-year profit guidance” on May 30, 2018. More interesting news about PVH Corp. (NYSE:PVH) was released by: and their article: “10 Biggest Price Target Changes For Friday” with publication date: June 15, 2018.

PVH Corp. (NYSE:PVH) Ratings Coverage

Among 14 analysts covering PVH (NYSE:PVH), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. PVH has $188 highest and $150.0 lowest target. $171.07’s average target is 5.98% above currents $161.41 stock price. PVH had 22 analyst reports since December 22, 2017 according to SRatingsIntel. The rating was maintained by Barclays Capital on Monday, April 2 with “Overweight”. PiperJaffray maintained the stock with “Overweight” rating in Thursday, May 31 report. Piper Jaffray maintained the stock with “Buy” rating in Tuesday, January 30 report. Wells Fargo maintained it with “Buy” rating and $165.0 target in Wednesday, January 3 report. The rating was initiated by Nomura with “Hold” on Thursday, February 15. The rating was maintained by Deutsche Bank on Thursday, March 29 with “Buy”. Deutsche Bank upgraded PVH Corp. (NYSE:PVH) on Wednesday, February 7 to “Buy” rating. The firm earned “Outperform” rating on Thursday, March 29 by Credit Suisse. The stock of PVH Corp. (NYSE:PVH) has “Overweight” rating given on Thursday, January 25 by Barclays Capital. On Thursday, May 31 the stock rating was maintained by JP Morgan with “Overweight”.

PVH Corp. (NYSE:PVH) Institutional Positions Chart

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