Gwm Advisors buys $3,464,797 stake in VF Corp (VFC)

VF Corp (VFC) : Gwm Advisors scooped up 14,715 additional shares in VF Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 15, 2016. The investment management firm now holds a total of 54,129 shares of VF Corp which is valued at $3,464,797.VF Corp makes up approximately 1.42% of Gwm Advisors’s portfolio.

Other Hedge Funds, Including , Sarasin Partners Llp reduced its stake in VFC by selling 692,719 shares or 65.62% in the most recent quarter. The Hedge Fund company now holds 362,883 shares of VFC which is valued at $23,228,141. VF Corp makes up approx 0.37% of Sarasin Partners Llp’s portfolio.Eqis Capital Management boosted its stake in VFC in the latest quarter, The investment management firm added 483 additional shares and now holds a total of 13,043 shares of VF Corp which is valued at $834,882. VF Corp makes up approx 0.05% of Eqis Capital Management’s portfolio.British Columbia Investment Management Corp boosted its stake in VFC in the latest quarter, The investment management firm added 717 additional shares and now holds a total of 236,643 shares of VF Corp which is valued at $15,156,984. VF Corp makes up approx 0.13% of British Columbia Investment Management Corp’s portfolio.

VF Corp closed down -0.02 points or -0.03% at $64.01 with 17,41,110 shares getting traded on Monday. Post opening the session at $63.99, the shares hit an intraday low of $63.79 and an intraday high of $64.57 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, VF Corp reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Apr 29, 2016. Analyst had a consensus of $0.58. The company had revenue of $2839.30 million for the quarter, compared to analysts expectations of $2831.27 million. The company’s revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.

Many Wall Street Analysts have commented on VF Corp. VF Corp was Downgraded by Brean Capital to ” Hold” on Jul 15, 2016. VF Corp was Downgraded by BB&T Capital Mkts to ” Hold” on Apr 25, 2016.

V.F. Corporation (VF) is engaged in the design manufacturing marketing and distribution of branded lifestyle apparel footwear and accessories. The Company operates through five coalitions: Outdoor & Action Sports Jeanswear Imagewear Sportswear and Contemporary Brands. The Company owns a portfolio of brands in the outerwear footwear denim backpack luggage accessory sportswear occupational and performance apparel categories. The Company’s brands primarily include The North Face Vans Timberland Wrangler Lee and Nautica. The Company’s products are marketed to consumers shopping in specialty stores upscale and traditional department stores national chains mass merchants and its own direct-to-consumer operations. Its direct-to-consumer business includes VF-operated stores concession retail stores and e-commerce sites. The Company’s brands sell products in international markets through licensees distributors and independently-operated partnership stores.

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