V.F. Corporation (VFC) Trades at $81.93 Forming Bullish Double Top Chart Pattern

June 29, 2018 - By Nell Hawkins

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

Big Money Sentiment decreased to 0.85 in 2018 Q1. It has change of 0.16, from 2017Q4’s 1.01. The ratio turned negative due to V.F. Corporation positioning: 53 sold and 283 reduced. 89 funds acquired positions and 198 increased positions. Investors holded 392.21 million in 2017Q4 but now own 383.50 million shares or 2.22% less.
Blb&B Advsrs Ltd Company holds 0.29% in V.F. Corporation (NYSE:VFC) or 29,377 shs. Vantage Investment Prns Ltd Liability Company reported 136,019 shs. Barclays Public Ltd Com has 0.04% invested in V.F. Corporation (NYSE:VFC) for 709,412 shs. Putnam Fl Invest owns 0.84% invested in V.F. Corporation (NYSE:VFC) for 123,655 shs. Spears Abacus Advisors Limited Liability Co reported 4,720 shs. Old Republic Corporation holds 0.39% of its capital in V.F. Corporation (NYSE:VFC) for 178,500 shs. Tradewinds Capital Management Limited Liability Company stated it has 0% of its capital in V.F. Corporation (NYSE:VFC). Rockland holds 0.05% or 5,260 shs in its capital. 113,540 were reported by Cincinnati Insurance. Orrstown Financial Services has 1,952 shs for 0.17% of their capital. Gulf Savings Bank (Uk) holds 104,787 shs or 0.1% of its capital. Hanson Mcclain invested in 0% or 368 shs. 4,020 are owned by Chicago Equity Partners Ltd. Quantbot Techs Lp has 35,398 shs for 0.23% of their capital. Dorsey Whitney Trust Company Ltd Company owns 0.04% invested in V.F. Corporation (NYSE:VFC) for 3,084 shs.

V.F. Corporation had 6 sales and 0 insider purchases since May 14, 2018. This’s net activity of $17.95 million. Roe Scott A. also sold $1.60 million worth of V.F. Corporation (NYSE:VFC) on Friday, May 18. BAILEY KEVIN also sold $1.16M worth of V.F. Corporation (NYSE:VFC) shs. Another trade for 25,540 shs valued at $2.02 million was made by CHUGG JULIANA L on Wednesday, May 16. Scabbia Guerrini Martino sold 20,096 shs worth $1.69 million. On Thursday, June 14 65,988 shs were sold by Baxter Scott H, worth $5.53M.

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.

VFC hit $81.93 during the last trading session after $0.34 change.Currently V.F. Corporation is uptrending after 53.64% change in last June 29, 2017. VFC has 447,629 shares volume. The stock outperformed the S&P 500 by 41.07%.

On July, 23 WallStreet awaited V.F. Corporation (NYSE:VFC)’s earnings release, as reported by Faxor. Analysts predict 10.34 % diference or $0.32 from the $0.29 EPS from 2017. If the current earnings per share of $0.32 is accurate, VFC’s profit could reach $126.23 million. Wall Street now predicts -52.24 % negative EPS growth despite V.F. Corporation last quarter’s EPS of $0.67.

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 Monday, January 29 the stock of V.F. Corporation (NYSE:VFC) has “Buy” rating given by Canaccord Genuity. On Monday, February 5 the firm has “Overweight” rating by PiperJaffray given. The company rating was upgraded by Stifel Nicolaus on Monday, February 12. The company rating was maintained by Canaccord Genuity on Monday, April 30. On Monday, January 8 the stock has “Buy” rating by Guggenheim. On Monday, May 7 the firm has “Outperform” rating by Robert W. Baird given. On Friday, February 16 the company was maintained by Piper Jaffray. The company rating was maintained by Piper Jaffray on Friday, January 26. On Friday, February 2 Barclays Capital initiated the shares of VFC in report with “Buy” rating. On Monday, February 5 Cowen & Co maintained V.F. Corporation (NYSE:VFC) rating. Cowen & Co has “Hold” rating and $79.0 target.

A couple more V.F. Corporation (NYSE:VFC) news were brought out by: Investorplace.com which released on June 28, 2018 “7 Stocks to Buy That Aren’t in the Dow But Should Be”, also Benzinga.com on June 26, 2018 brought out “Goldman Sachs Bullish On Tapestry, VF Corp, Tiffany; Says Sell PVH”, the next Finance.Yahoo.com is “Should You Buy VF. Corporation (NYSE:VFC) At $82.96?” on June 06, 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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