Double Top Chart Pattern Is Formed By V.F. Corporation (VFC) at $81.94

June 29, 2018 - By Gwen Gough

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 took positions and 198 increased positions. Investors holded 392.21 million in 2017Q4 but now own 383.50 million shares or 2.22% less.
State Street Corp invested in 0.11% or 17.43 million shs. Jaffetilchin Investment Prtn Ltd Liability Corporation stated it has 0.1% in V.F. Corporation (NYSE:VFC). Pub Employees Retirement Association Of Colorado has 0.03% invested in V.F. Corporation (NYSE:VFC) for 59,876 shs. 254,530 were reported by Davis R M. Zeke Ltd, Pennsylvania-based fund reported 9,718 shs. Lpl Fin Limited Liability Corporation holds 0.01% or 71,890 shs in its capital. Cibc Asset Management reported 0.02% in V.F. Corporation (NYSE:VFC). Sheets Smith Wealth holds 3,730 shs. Dekabank Deutsche Girozentrale holds 0.39% or 767,886 shs. Commerzbank Aktiengesellschaft Fi has 0.13% invested in V.F. Corporation (NYSE:VFC) for 155,866 shs. Valley Natl Advisers owns 11,327 shs. Wilbanks Smith & Thomas Asset Mngmt Ltd Llc reported 0.02% of its capital in V.F. Corporation (NYSE:VFC). Wedgewood Investors Pa holds 0.27% in V.F. Corporation (NYSE:VFC) or 4,225 shs. Naples Advsr Ltd Llc has 17,955 shs. 6,588 are owned by Fiera Capital Corporation.

V.F. Corporation had 6 selling transactions and 0 insider buys since May 14, 2018. This’s net activity of $17.95 million. Another trade for 15,000 shs valued at $1.16M was made by BAILEY KEVIN on Monday, May 14. Another trade for 20,096 shs valued at $1.60 million was made by Roe Scott A. on Friday, May 18. The insider Rendle Steven E sold 74,180 shs worth $5.94 million. 65,988 shs were sold by Baxter Scott H, worth $5.53 million. On Wednesday, May 16 $2.02 million worth of stock 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 At $85.22 price target, the company’s valuation could be $1.29 billion more.

The stock increased 0.43% or $0.35 during the last trading session, hitting $81.94.V.F. Corporation has volume of 444,799 shares. Since June 29, 2017 VFC has risen 53.64% and is uptrending. VFC outperformed the S&P500 by 41.07%.

V.F. Corporation (NYSE:VFC) is awaited to publish earnings on July, 23., Faxor reports. Analysts predict 10.34 % diference or $0.32 from the $0.29 EPS from 2017. If VFC’s EPS is $0.32 the profit will reach $126.23 million for 64.02 P/E. Analysts at Wall Street see V.F. Corporation’s -52.24 % negative EPS growth compared to $0.67 EPS for previous quarter.

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

A total of 15 analysts rate VF Corp (NYSE:VFC) as follows: 10 “Buy”, 5 “Hold” and 0 “Sell”. Тherefore 67% are bullish. (NYSE:VFC) has 19 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Friday, February 2 the rating was initiated by Barclays Capital with “Buy”. In Monday, May 7 report Robert W. Baird maintained it with “Outperform” rating and $90 target. On Friday, February 16 Piper Jaffray maintained the shares of VFC in report with “Buy” rating. On Tuesday, May 8 the stock of V.F. Corporation (NYSE:VFC) has “Neutral” rating given by Buckingham Research. On Monday, February 5 Cowen & Co maintained V.F. Corporation (NYSE:VFC) rating. Cowen & Co has “Hold” rating and $79.0 target. On Friday, January 26 the firm has “Hold” rating given by Piper Jaffray. On Monday, January 29 the stock of V.F. Corporation (NYSE:VFC) has “Buy” rating given by Canaccord Genuity. On Tuesday, February 20 the rating was maintained by JP Morgan with “Neutral”. On Monday, January 8 Guggenheim maintained V.F. Corporation (NYSE:VFC) rating. Guggenheim has “Buy” rating and $84.0 target. On Monday, February 12 the firm has “Buy” rating by Stifel Nicolaus given.

A couple more V.F. Corporation (NYSE:VFC) news were posted by: which released on June 26, 2018 “Goldman Sachs Bullish On Tapestry, VF Corp, Tiffany; Says Sell PVH”, also on June 06, 2018 posted “Should You Buy VF. Corporation (NYSE:VFC) At $82.96?”, the next is “Sell Kraft-Heinz At $64-65 – Cramer’s Lightning Round (6/21/18)” on June 22, 2018. has article titled “7 Stocks to Buy That Aren’t in the Dow But Should Be”.

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

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