Dynamic Technology Lab Private Ltd Has $251,000 Holdings in Levi Strauss & Co. (NYSE:LEVI)

Dynamic Technology Lab Private Ltd decreased its holdings in Levi Strauss & Co. (NYSE:LEVI) by 94.9% during the 3rd quarter, Holdings Channel.com reports. The fund owned 11,536 shares of the blue-jean maker’s stock after selling 212,661 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Levi Strauss & Co. were worth $251,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD raised its position in Levi Strauss & Co. by 31.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 17,502 shares of the blue-jean maker’s stock valued at $350,000 after buying an additional 4,202 shares during the last quarter. California State Teachers Retirement System lifted its position in shares of Levi Strauss & Co. by 1.0% during the first quarter. California State Teachers Retirement System now owns 85,129 shares of the blue-jean maker’s stock valued at $1,702,000 after purchasing an additional 851 shares in the last quarter. SG Americas Securities LLC boosted its holdings in Levi Strauss & Co. by 104.5% during the second quarter. SG Americas Securities LLC now owns 16,547 shares of the blue-jean maker’s stock worth $319,000 after purchasing an additional 8,457 shares during the last quarter. Twelve Points Wealth Management LLC grew its position in Levi Strauss & Co. by 5.9% in the 2nd quarter. Twelve Points Wealth Management LLC now owns 42,986 shares of the blue-jean maker’s stock worth $829,000 after purchasing an additional 2,395 shares in the last quarter. Finally, Vista Investment Partners LLC purchased a new stake in Levi Strauss & Co. in the 2nd quarter valued at about $343,000. Institutional investors and hedge funds own 69.14% of the company’s stock.

Insider Activity at Levi Strauss & Co.

In other Levi Strauss & Co. news, Director David A. Friedman sold 25,002 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $20.00, for a total value of $500,040.00. Following the completion of the transaction, the director now owns 229,176 shares in the company, valued at $4,583,520. This trade represents a 9.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.14% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on LEVI shares. Telsey Advisory Group restated an “outperform” rating and issued a $26.00 target price on shares of Levi Strauss & Co. in a research note on Wednesday, October 16th. JPMorgan Chase & Co. boosted their price objective on Levi Strauss & Co. from $20.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, October 3rd. Stifel Nicolaus decreased their target price on Levi Strauss & Co. from $28.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, October 3rd. Finally, TD Cowen cut their price target on shares of Levi Strauss & Co. from $25.00 to $23.00 and set a “buy” rating on the stock in a report on Thursday, October 3rd. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $22.75.

Levi Strauss & Co. Stock Up 3.3 %

Shares of NYSE LEVI opened at $17.46 on Monday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.41 and a quick ratio of 0.76. The stock has a market capitalization of $6.93 billion, a PE ratio of 45.95, a P/E/G ratio of 1.09 and a beta of 1.18. Levi Strauss & Co. has a one year low of $14.70 and a one year high of $24.34. The business’s fifty day moving average price is $18.19 and its 200-day moving average price is $19.45.

Levi Strauss & Co. (NYSE:LEVI) last released its quarterly earnings data on Wednesday, October 2nd. The blue-jean maker reported $0.33 EPS for the quarter, beating the consensus estimate of $0.31 by $0.02. The business had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.55 billion. Levi Strauss & Co. had a net margin of 2.52% and a return on equity of 24.43%. The company’s revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.28 earnings per share. On average, equities research analysts anticipate that Levi Strauss & Co. will post 1.23 EPS for the current year.

Levi Strauss & Co. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Tuesday, October 29th were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 2.98%. The ex-dividend date of this dividend was Tuesday, October 29th. Levi Strauss & Co.’s dividend payout ratio (DPR) is presently 136.85%.

About Levi Strauss & Co.

Levi Strauss & Co designs, markets, and sells apparels and related accessories for men, women, and children worldwide. The company offers jeans, casual and dress pants, activewears, tops, shorts, skirts, dresses, jumpsuits, shirts, sweaters, jackets, footwear, and related accessories under the Levi's, Dockers, Signature by Levi Strauss & Co, Denizen, and Beyond Yoga brands.