2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. trimmed its stake in shares of Levi Strauss & Co. ( NYSE:LEVI – Free Report ) by 19.
2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 117,349 shares of the blue-jean maker’s stock after selling 27,878 shares during the period. Russell Investments Group Ltd.
’s holdings in Levi Strauss & Co. were worth $2,030,000 as of its most recent filing with the Securities & Exchange Commission. Several other institutional investors also recently bought and sold shares of the stock.
Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Levi Strauss & Co.
during the 4th quarter valued at approximately $39,000. New Age Alpha Advisors LLC acquired a new position in shares of Levi Strauss & Co. in the fourth quarter worth about $82,000.
Matrix Trust Co boosted its stake in shares of Levi Strauss & Co. by 678.9% during the 4th quarter.
Matrix Trust Co now owns 5,507 shares of the blue-jean maker’s stock worth $95,000 after acquiring an additional 4,800 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Levi Strauss & Co. during the 4th quarter valued at about $105,000.
Finally, Manchester Capital Management LLC purchased a new position in shares of Levi Strauss & Co. in the 4th quarter valued at about $115,000. 69.
14% of the stock is currently owned by hedge funds and other institutional investors. Levi Strauss & Co. Stock Up 3.
6 % LEVI stock opened at $14.62 on Friday. The company has a current ratio of 1.
42, a quick ratio of 0.80 and a debt-to-equity ratio of 0.50.
The firm has a 50-day moving average of $16.21 and a two-hundred day moving average of $17.24.
Levi Strauss & Co. has a 12 month low of $12.17 and a 12 month high of $24.
34. The company has a market cap of $5.79 billion, a price-to-earnings ratio of 28.
11, a PEG ratio of 1.92 and a beta of 1.07.
Levi Strauss & Co. Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Thursday, April 24th will be issued a $0.
13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.
56%. The ex-dividend date of this dividend is Thursday, April 24th. Levi Strauss & Co.
’s dividend payout ratio is currently 58.43%. Analysts Set New Price Targets LEVI has been the topic of a number of recent analyst reports.
UBS Group lowered their price target on Levi Strauss & Co. from $26.00 to $25.
00 and set a “buy” rating on the stock in a research report on Monday, February 3rd. Citigroup decreased their target price on Levi Strauss & Co. from $19.
00 to $14.00 and set a “neutral” rating on the stock in a research report on Monday, April 7th. Telsey Advisory Group cut their price target on shares of Levi Strauss & Co.
from $23.00 to $19.00 and set an “outperform” rating for the company in a report on Tuesday, April 8th.
Stifel Nicolaus dropped their target price on shares of Levi Strauss & Co. from $25.00 to $20.
00 and set a “buy” rating on the stock in a research report on Tuesday, April 8th. Finally, Bank of America raised shares of Levi Strauss & Co. from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $17.
00 to $20.00 in a research note on Thursday, April 10th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock.
According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $19.18.
Read Our Latest Stock Analysis on Levi Strauss & Co. Insider Buying and Selling In other Levi Strauss & Co. news, Director David A.
Friedman sold 4,166 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $18.44, for a total transaction of $76,821.
04. Following the completion of the sale, the director now owns 100,012 shares of the company’s stock, valued at $1,844,221.28.
This trade represents a 4.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website .
1.25% of the stock is owned by company insiders. Levi Strauss & Co.
Profile ( Free Report ) Levi Strauss & Co engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia.
The company was founded by Levi Strauss in 1853 and is headquartered in San Francisco, CA. See Also Receive News & Ratings for Levi Strauss & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Levi Strauss & Co.
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