PVH Corp. (PVH) Reaches $147.80 52-Week High; Carlson Capital LP Trimmed Microsoft (MSFT) Stake By $7.77 Million

January 22, 2018 - By Migdalia James

The stock of PVH Corp. (NYSE:PVH) hit a new 52-week high and has $161.10 target or 9.00% above today’s $147.80 share price. The 8 months bullish chart indicates low risk for the $11.37B company. The 1-year high was reported on Jan, 22 by Barchart.com. If the $161.10 price target is reached, the company will be worth $1.02B more. The stock increased 0.50% or $0.7303 during the last trading session, reaching $147.8003. About 217,370 shares traded. PVH Corp. (NYSE:PVH) has risen 16.19% since January 22, 2017 and is uptrending. It has underperformed by 0.51% the S&P500.

Carlson Capital LP decreased Microsoft Corp (MSFT) stake by 24.35% reported in 2017Q3 SEC filing. Carlson Capital LP sold 105,001 shares as Microsoft Corp (MSFT)’s stock rose 4.75%. The Carlson Capital LP holds 326,199 shares with $24.30M value, down from 431,200 last quarter. Microsoft Corp now has $702.57 billion valuation. The stock increased 1.19% or $1.07 during the last trading session, reaching $91.07. About 7.03 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since January 22, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Among 20 analysts covering PVH Corp (NYSE:PVH), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. PVH Corp had 80 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of PVH Corp. (NYSE:PVH) has “Buy” rating given on Friday, September 29 by Piper Jaffray. Telsey Advisory Group maintained the stock with “Outperform” rating in Friday, August 26 report. The firm has “Buy” rating given on Friday, March 24 by Citigroup. The firm has “Buy” rating given on Friday, May 27 by Buckingham Research. Credit Suisse maintained it with “Outperform” rating and $149 target in Friday, August 25 report. On Monday, June 26 the stock rating was maintained by UBS with “Buy”. Piper Jaffray maintained PVH Corp. (NYSE:PVH) rating on Friday, March 24. Piper Jaffray has “Overweight” rating and $112 target. The stock has “Overweight” rating by Piper Jaffray on Saturday, September 5. The rating was maintained by Wells Fargo on Friday, March 24 with “Outperform”. The firm has “Buy” rating given on Tuesday, December 1 by UBS.

Analysts await PVH Corp. (NYSE:PVH) to report earnings on March, 28. They expect $1.45 EPS, up 17.89% or $0.22 from last year’s $1.23 per share. PVH’s profit will be $111.55M for 25.48 P/E if the $1.45 EPS becomes a reality. After $3.02 actual EPS reported by PVH Corp. for the previous quarter, Wall Street now forecasts -51.99% negative EPS growth.

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.21, from 0.83 in 2017Q2. It is positive, as 35 investors sold PVH Corp. shares while 161 reduced holdings. 70 funds opened positions while 133 raised stakes. 70.99 million shares or 2.67% less from 72.94 million shares in 2017Q2 were reported. Cibc Ww Markets Inc invested 0% of its portfolio in PVH Corp. (NYSE:PVH). British Columbia Inv Management Corporation holds 0.04% or 37,139 shares in its portfolio. Brant Point Inv Mngmt Ltd reported 0.36% of its portfolio in PVH Corp. (NYSE:PVH). 12,055 are held by Shell Asset Mngmt. Trexquant Inv Lp stated it has 6,864 shares or 0.22% of all its holdings. 67,800 were reported by Artemis Limited Liability Partnership. Samlyn owns 56,707 shares or 0.18% of their US portfolio. 1,636 are owned by Advisor Prns Ltd Com. Piedmont Advsrs Ltd Company reported 0.06% in PVH Corp. (NYSE:PVH). Thrivent For Lutherans holds 0.06% or 140,790 shares. Numeric Invsts Lc holds 0.01% in PVH Corp. (NYSE:PVH) or 8,400 shares. South Dakota Inv Council reported 19,250 shares. Hanson Mcclain accumulated 0% or 150 shares. Vanguard Inc holds 0.05% of its portfolio in PVH Corp. (NYSE:PVH) for 7.71M shares. Atria Ltd reported 3,229 shares or 0.02% of all its holdings.

PVH Corp. operates as an apparel company in the United States and internationally. The company has market cap of $11.37 billion. The firm operates through Calvin Klein North America, Calvin Klein International, Tommy Hilfiger North America, Tommy Hilfiger International, Heritage Brands Wholesale, and Heritage Brands Retail divisions. It has a 22.04 P/E ratio. It designs, markets, and retails men??s and women??s apparel and accessories, branded dress shirts, neckwear, sportswear, jeans wear, intimate apparel, swim products, handbags, footwear, golf apparel, fragrances, cosmetics, eyewear, socks, jewelry, watches, outerwear, small leather goods, and furnishings, as well as other related products.

Since August 25, 2017, it had 0 insider purchases, and 9 insider sales for $55.05 million activity. STEINER MELANIE sold 320 shares worth $43,838. Shares for $267,990 were sold by BAGLIVO MARY on Friday, December 15. HOLMES JAMES also sold $346,681 worth of PVH Corp. (NYSE:PVH) on Monday, December 18. FISCHER MARK D sold $323,150 worth of PVH Corp. (NYSE:PVH) on Thursday, January 4. 8,867 shares valued at $1.11M were sold by KOZEL DAVID F on Friday, August 25. CHIRICO EMANUEL had sold 370,327 shares worth $49.09 million. Shares for $3.04M were sold by DUANE FRANCIS K on Friday, August 25.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 25. They expect $0.86 earnings per share, up 3.61% or $0.03 from last year’s $0.83 per share. MSFT’s profit will be $6.63B for 26.47 P/E if the $0.86 EPS becomes a reality. After $0.84 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 2.38% EPS growth.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.01, from 0.82 in 2017Q2. It is positive, as 40 investors sold MSFT shares while 952 reduced holdings. 114 funds opened positions while 708 raised stakes. 5.51 billion shares or 0.32% less from 5.53 billion shares in 2017Q2 were reported. Page Arthur B invested 3.1% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). 4.84M are held by Sei Investments. Mirae Asset Glob Invests Limited, Korea-based fund reported 684,498 shares. Blackrock reported 495.78 million shares. United Asset Strategies reported 25,434 shares. 12,850 were reported by Schwartz Inv Counsel. State Farm Mutual Automobile Insur Comm invested in 0.4% or 3.98 million shares. Silvercrest Asset Group Inc Ltd Com reported 1.20M shares stake. Texas Yale stated it has 0.32% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Butensky & Cohen Security Incorporated invested in 28,859 shares or 1.91% of the stock. Pring Turner Gp Incorporated Inc stated it has 31,710 shares. Buckhead Capital Management Ltd Liability Corp reported 2.34% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Jarislowsky Fraser reported 2.59M shares stake. Stonebridge Capital holds 2.96% or 105,756 shares in its portfolio. Schwab Charles Mngmt holds 30.38M shares.

Since August 4, 2017, it had 0 buys, and 3 sales for $513.86 million activity. 26,763 shares were sold by COURTOIS JEAN PHILIPPE, worth $1.98M. 7.00M shares were sold by Morfit G Mason, worth $507.89M. Hood Amy sold 55,000 shares worth $4.00 million.

Carlson Capital LP increased Dell Technologies Inc stake by 50,500 shares to 565,500 valued at $43.66 million in 2017Q3. It also upped Citigroup Inc (NYSE:C) stake by 587,024 shares and now owns 590,024 shares. Kraft Heinz Co was raised too.

Among 35 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation had 145 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, October 21 by UBS. The firm has “Buy” rating given on Friday, October 27 by Stifel Nicolaus. The firm has “Hold” rating by Wunderlich given on Friday, January 29. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Canaccord Genuity on Thursday, October 5. The company was maintained on Friday, October 27 by Barclays Capital. The stock has “Neutral” rating by Bank of America on Thursday, October 1. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Strong-Buy” rating by Vetr on Wednesday, September 2. BMO Capital Markets initiated the stock with “Outperform” rating in Friday, January 8 report. The rating was maintained by Goldman Sachs with “Buy” on Tuesday, July 18. The company was upgraded on Friday, October 21 by William Blair.

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