V.F. Corporation (VFC) Near Bullish Double Top Pattern At $81.93

June 29, 2018 - By Ronnie Lemelle

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 dived due to V.F. Corporation positioning: 53 sold and 283 reduced. 89 funds took stakes and 198 increased stakes. Investors holded 392.21 million in 2017Q4 but now own 383.50 million shares or 2.22% less.
Envestnet Asset Inc holds 18,085 shs or 0% of its capital. Financial Bank Of Nova Scotia stated it has 0.02% of its capital in V.F. Corporation (NYSE:VFC). 590,752 are owned by D E Shaw And. Estabrook stated it has 0% of its capital in V.F. Corporation (NYSE:VFC). Putnam Fl Inv holds 0.84% or 123,655 shs in its capital. Toth Advisory invested in 0.04% or 2,064 shs. Peoples Fincl Serv owns 6,850 shs or 0.29% of their US capital. Nbt National Bank N A invested 0.06% of its capital in V.F. Corporation (NYSE:VFC). Avalon Advsrs Ltd invested in 0.01% or 3,400 shs. Alpha Windward Limited reported 695 shs. Connor Clark & Lunn Inv Mgmt reported 8,000 shs. Dean Investment Assoc Ltd Liability Corp owns 6,163 shs for 0.07% of their capital. Fmr Limited Liability Corp holds 1.68M shs or 0.01% of its capital. Da Davidson accumulated 446,110 shs. Kelly Lawrence W Assoc Ca stated it has 1,750 shs or 0.02% of all its holdings.

V.F. Corporation had 6 insider sales and 0 buys since May 14, 2018. This’s net activity of $17.95 million. $1.60M worth of V.F. Corporation (NYSE:VFC) was sold by Roe Scott A.. $2.02M worth of stock was sold by CHUGG JULIANA L on Wednesday, May 16. Scabbia Guerrini Martino sold $1.69M worth of V.F. Corporation (NYSE:VFC) on Tuesday, June 12. BAILEY KEVIN had sold 15,000 shs worth $1.16M. On Thursday, June 14 a trade for 65,988 shs valued at $5.53M was made by Baxter Scott H.

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.

The stock increased 0.42% or $0.34 during the last trading session, touching $81.93.Currently V.F. Corporation is uptrending after 53.64% change in last June 29, 2017. VFC has 447,629 shares volume. VFC outperformed by 41.07% the S&P 500.

V.F. Corporation (NYSE:VFC)’s earnings report is anticipated by WallStreet on July, 23, according to Zacks. Analysts expect change of 10.34 % or $0.03 from previous year’s $0.29 earnings per share compared to current’s $0.32 earnings per share. If the current earnings per share of $0.32 is accurate, VFC’s profit could be $126.23 million. Last quarter $0.67 earnings per share was reported. Analysts forecasts -52.24 % negative EPS growth this quarter.

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

In total 15 analysts cover VF Corp (NYSE:VFC). “Buy” rating has 10, “Sell” are 0, while 5 are “Hold”. (NYSE:VFC) has 67% bullish analysts. 19 are the (NYSE:VFC)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Tuesday, February 20 the company was maintained by JP Morgan. On Friday, January 26 the rating was maintained by Piper Jaffray with “Hold”. On Tuesday, February 20 Barclays Capital maintained the shares of VFC in report with “Overweight” rating. In Friday, February 2 report Barclays Capital initiated the stock with “Buy” rating. The company rating was maintained by Cowen & Co on Monday, February 5. On Monday, January 29 the stock of V.F. Corporation (NYSE:VFC) earned “Buy” rating by Canaccord Genuity. The stock rating was upgraded by Stifel Nicolaus to “Buy” on Monday, February 12. On Friday, February 16 the stock has “Buy” rating by Piper Jaffray. On Monday, February 5 the firm has “Overweight” rating by PiperJaffray given. On Monday, January 8 the firm has “Buy” rating by Guggenheim given.

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 Finance.Yahoo.com on June 06, 2018 brought out “Should You Buy VF. Corporation (NYSE:VFC) At $82.96?”, the next Benzinga.com is “Goldman Sachs Bullish On Tapestry, VF Corp, Tiffany; Says Sell PVH” on June 26, 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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