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

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: