As Pvh (PVH) Market Valuation Rose, Chase Investment Counsel Has Lifted Stake by $815,098; As Mfs Invt Grade Mun Tr Sh Ben Int (CXH) Market Valuation Declined, Shareholder Karpus Management Increased Its Position

June 18, 2018 - By whatsonthorold

PVH Corp. (NYSE:PVH) Logo

Karpus Management Inc increased its stake in Mfs Invt Grade Mun Tr Sh Ben Int (CXH) by 5% based on its latest 2018Q1 regulatory filing with the SEC. Karpus Management Inc bought 78,285 shares as the company’s stock declined 1.29% with the market. The institutional investor held 1.64 million shares of the company at the end of 2018Q1, valued at $15.44M, up from 1.57 million at the end of the previous reported quarter. Karpus Management Inc who had been investing in Mfs Invt Grade Mun Tr Sh Ben Int for a number of months, seems to be bullish on the $90.12M market cap company. The stock decreased 0.54% or $0.05 during the last trading session, reaching $9.15. About 6,581 shares traded. MFS Investment Grade Municipal (NYSE:CXH) has declined 9.00% since June 18, 2017 and is downtrending. It has underperformed by 21.57% the S&P500.

Chase Investment Counsel Corp increased its stake in Pvh Corp (PVH) by 156.24% based on its latest 2018Q1 regulatory filing with the SEC. Chase Investment Counsel Corp bought 5,398 shares as the company’s stock rose 5.52% while stock markets declined. The institutional investor held 8,853 shares of the apparel company at the end of 2018Q1, valued at $1.34 million, up from 3,455 at the end of the previous reported quarter. Chase Investment Counsel Corp who had been investing in Pvh Corp for a number of months, seems to be bullish on the $12.44B market cap company. The stock increased 0.73% or $1.17 during the last trading session, reaching $161.41. About 987,858 shares traded. PVH Corp. (NYSE:PVH) has risen 47.52% since June 18, 2017 and is uptrending. It has outperformed by 34.95% the S&P500. Some Historical PVH News: 15/03/2018 – Tommy Hilfiger Announces Formula One World Champion Lewis Hamilton as Global Brand Ambassador for TOMMY HILFIGER Men’s; 29/03/2018 – PVH CORP PVH.N : DEUTSCHE BANK RAISES TARGET PRICE TO $179 FROM $175; 07/05/2018 – PVH Corp. Named No. 1 Apparel Company on CR Magazine’s 100 Best Corporate Citizens List; 29/05/2018 – S&P Affirms ‘BBB-‘ Rating on PVH’s First-Lien Credit Facility, and ‘BB+’ Ratings on Its Bonds; 13/03/2018 – PVH Corp. to Host Conference Call to Discuss Fourth Quarter and Full Year 2017 Earnings Results; 22/05/2018 – PVH Corp. Named to Fortune Magazine’s 2018 List of America’s 500 Largest Corporations; 30/05/2018 – PVH CORP – FULL YEAR 2018 EPS NOW INCLUDES A REDUCED POSITIVE IMPACT OF $0.12 PER SHARE RELATED TO FOREIGN CURRENCY TRANSLATION; 28/03/2018 – PVH CORP PVH.N SEES FY 2018 NON-GAAP SHR $9.00 TO $9.10; 28/03/2018 – PVH CORP PVH.N : JP MORGAN RAISES TARGET PRICE TO $170 FROM $166; 29/03/2018 – PVH CORP PVH.N : COWEN RAISES TARGET PRICE TO $170 FROM $165; RATING OUTPERFORM

Investors sentiment decreased to 1.13 in 2018 Q1. Its down 0.54, from 1.67 in 2017Q4. It dived, as 2 investors sold CXH shares while 6 reduced holdings. 6 funds opened positions while 3 raised stakes. 2.74 million shares or 1.42% more from 2.71 million shares in 2017Q4 were reported. Asset Management Incorporated reported 418,631 shares. Fifth Third Fincl Bank invested in 9,000 shares. Morgan Stanley holds 82,976 shares or 0% of its portfolio. Live Your Vision Ltd Liability owns 1,000 shares or 0% of their US portfolio. Dynamic Advisor Solutions Limited Liability Company reported 0.03% of its portfolio in MFS Investment Grade Municipal (NYSE:CXH). Webster Financial Bank N A invested in 0.01% or 4,500 shares. Ameriprise Financial Inc, Minnesota-based fund reported 16,934 shares. Koshinski Asset Management owns 0.17% invested in MFS Investment Grade Municipal (NYSE:CXH) for 57,520 shares. 35,434 are held by Bancorporation Of America De. Wells Fargo Mn reported 12,903 shares. 3,108 were reported by Ftb. Sit Investment Assoc stated it has 0.01% in MFS Investment Grade Municipal (NYSE:CXH). Lpl Finance Lc has invested 0% in MFS Investment Grade Municipal (NYSE:CXH). Yakira Cap owns 10,779 shares. Janney Montgomery Scott Llc owns 22,454 shares.

Karpus Management Inc, which manages about $2.60 billion and $2.23 billion US Long portfolio, decreased its stake in Powershares Vrdo Tax (PVI) by 826,647 shares to 37,393 shares, valued at $929,000 in 2018Q1, according to the filing. It also reduced its holding in European Equity Fund (EEA) by 47,134 shares in the quarter, leaving it with 261,176 shares, and cut its stake in Mfs Inter Income Tr Sh Ben Int (NYSE:MIN).

Since December 18, 2017, it had 0 insider purchases, and 15 insider sales for $25.85 million activity. FISCHER MARK D sold $131,280 worth of PVH Corp. (NYSE:PVH) on Thursday, January 18. BAGLIVO MARY sold $158,292 worth of stock. On Monday, December 18 HOLMES JAMES sold $346,681 worth of PVH Corp. (NYSE:PVH) or 2,552 shares. Shares for $3.10M were sold by NASELLA HENRY on Tuesday, April 3. GRIEDER DANIEL also sold $6.85M worth of PVH Corp. (NYSE:PVH) shares. Shares for $2.64 million were sold by DUANE FRANCIS K on Tuesday, June 5.

Investors sentiment decreased to 0.9 in Q1 2018. Its down 0.12, from 1.02 in 2017Q4. It fall, as 26 investors sold PVH shares while 182 reduced holdings. 53 funds opened positions while 135 raised stakes. 70.18 million shares or 1.71% less from 71.40 million shares in 2017Q4 were reported. Blackrock Inc invested in 5.19M shares or 0.04% of the stock. Moore Cap Mngmt Lp owns 200,000 shares for 0.61% of their portfolio. Visionary Asset Mngmt owns 1,997 shares. San Francisco Sentry Grp (Ca) reported 209 shares or 0.01% of all its holdings. Financial Bank Of Montreal Can holds 0.02% in PVH Corp. (NYSE:PVH) or 154,148 shares. Maryland-based Profund Advisors Ltd Limited Liability Company has invested 0.01% in PVH Corp. (NYSE:PVH). Allsquare Wealth Lc holds 238 shares. 52,100 are owned by Quantitative Invest Ltd Llc. Nomura Holdings has invested 0.02% in PVH Corp. (NYSE:PVH). Rampart Inv Communications Llc invested in 0.03% or 2,274 shares. Plante Moran Financial Advsr Limited Liability owns 23 shares for 0% of their portfolio. Apg Asset Management Nv invested in 0.03% or 127,187 shares. Wealthtrust holds 0.01% in PVH Corp. (NYSE:PVH) or 110 shares. Dana Invest Advisors Inc stated it has 1.84% of its portfolio in PVH Corp. (NYSE:PVH). Mutual Of America Mngmt Ltd holds 0.02% or 9,847 shares.

Among 23 analysts covering PVH Corp (NYSE:PVH), 18 have Buy rating, 0 Sell and 5 Hold. Therefore 78% are positive. PVH Corp has $188 highest and $83 lowest target. $156.78’s average target is -2.87% below currents $161.41 stock price. PVH Corp had 99 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of PVH Corp. (NYSE:PVH) earned “Buy” rating by Cowen & Co on Thursday, March 29. Buckingham Research maintained PVH Corp. (NYSE:PVH) on Friday, June 1 with “Buy” rating. The stock of PVH Corp. (NYSE:PVH) has “Outperform” rating given on Wednesday, November 25 by Telsey Advisory Group. The firm has “Buy” rating given on Tuesday, August 25 by Deutsche Bank. The firm has “Hold” rating given on Wednesday, February 1 by Evercore. Citigroup maintained PVH Corp. (NYSE:PVH) rating on Friday, August 25. Citigroup has “Neutral” rating and $148 target. The stock has “Buy” rating by Buckingham Research on Friday, August 28. UBS maintained the stock with “Buy” rating in Monday, June 26 report. The rating was maintained by Citigroup on Thursday, May 31 with “Buy”. The firm earned “Buy” rating on Thursday, March 29 by Wells Fargo.

More important recent PVH Corp. (NYSE:PVH) news were published by: Seekingalpha.com which released: “PVH lifts full-year profit guidance” on May 30, 2018, also Businesswire.com published article titled: “PVH Corp. Named to Fortune Magazine’s 2018 List of America’s 500 Largest Corporations”, Seekingalpha.com published: “PVH Corp. (PVH) CEO Manny Chirico on Q1 2018 Results – Earnings Call Transcript” on May 31, 2018. More interesting news about PVH Corp. (NYSE:PVH) was released by: Benzinga.com and their article: “10 Biggest Price Target Changes For Friday” with publication date: June 15, 2018.

PVH Corp. (NYSE:PVH) Institutional Positions Chart

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