Options Are Looking Quite Attractive: V.F. Corporation (VFC), Macerich Company (MAC)

Rendle Steven E, Chairman, President & CEO, sold 65,988 shares of the V.F. Corporation (NYSE:VFC) in an exchange that happened on February 14th. The stock was sold at an average price of $85.91 per share, amounting to a transaction worth $5,669,029. The sale was made public in a document filed with the SEC. Additionally, VP & Group Pres. Baxter Scott H sold 64,996 shares of this stock in a transaction that took place on February 14th. The stock was sold at an average price of $86.07 per share, for a total exchange amounting to $5,594,076. After the transaction, the VP & Group Pres. Baxter Scott H currently holds 150,061 shares of the company’s stock, which is worth approximately $13097324.

With this stock price’s latest movement, it is now -10.02% away from its 1-year high and 29.93% higher than its 1-year low price. In the past seven days, the stock price volatility for V.F. Corporation was 1.37%, whereas its volatility in the past 30 days has been 1.29%. This public company’s stock also has a beta score of 1.16. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

V.F. Corporation (NYSE:VFC) most recently published its quarterly earnings results. The firm posted $1.31 earnings per share (EPS) for the three-month period, surpassing analysts’ consensus estimate of $1.10 by $0.21. The publicly-traded organization reported revenue of $3,940.16 million for the quarter, compared to the average analyst forecast calling for $3,872.48 million, which was surpassing the analyst consensus estimate.

Shares of V.F. Corporation (VFC) plunged -0.09%, amounting to a loss of -$0.079999999999998 per share, to finish the regular trading session at $87.28 on Friday 03/01/2019. After beginning the session at $88.28, shares of V.F. Corporation reached as high as $88.83 during the day, while hitting a 1-day low of $86.64. Trade volume reached 1,441,886 shares against this stock’s average daily volume of 2.48M shares, with a total float of 393.08M. As a consequence of the price decrease, V.F. Corporation now has a current market value of 34.67B.

Macerich Company (NYSE:MAC) subtracted -1.49% to its trading price by the close of the most recent session, dropping from its previous closing price of $43.60 to $42.95. This stock decreased in value by -1.85% during the last 7-day period, and experienced a loss of -7.52% over the past 30-day period. In the past three months, this stock’s price lost by -11.81% , and subtracted -27.40% to its price during the last six months of trading. MAC demonstrated a yearly price loss of -27.13% , while its year-to-date (YTD) price performance has been down -0.76% . This stock’s price changed by +5.01% compared to its 90-day low, and moved down -15.92% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the MAC stock as “Sell”. In the short-term, Macerich Company (MAC) has a 20-day average volume of 1,426,125 shares and short-term indicators sets the MAC stock as “ 80% Sell ” on average basis. In the medium-term, MAC stock has a 50-Day average volume of 1,396,208 shares and medium-term indicators gave the average rating of “ 100% Sell ”, while in the long-term period the stock has a 100-Day average volume of 1,276,841 shares. On average, long-term indicators rated the stock as “67% Sell ”. The overall picture from all short, medium and long-term indicators sets the MAC stock as “88% Sell ” on average basis.

Recently, multiple brokerages have sent out reports on MAC. Wells Fargo, for example, Downgrade its rating on shares of Macerich Company from “Outperform ” to a “ Market Perform”, while setting a $43 price target on shares of the company’s stock, according to a research note from Friday February 8th, 2019. while giving the stock a “ Neutral” from “Buy ” rating, as stated in a research report from Wednesday, January 23rd, 2019. KeyBanc Capital Mkts, on the other hand, Downgrade a from “Overweight ” to “ Sector Weight” rating on this stock in a research note dated Thursday, December 20th, 2018.

In other news related to Macerich Company stock, 0.00% shares of MAC held by institutions. The total number of institutions who held the MAC shares was 540, according to most recent SEC filling. During the past quarter, total 147,752,386 shares held by institutions with the net change of -4,172,327 shares. In the meantime, 50 new institutions bought the shares of Macerich Company for the first time and 79 institutions sold all their holdings in the company’s common stock. 204 institutions increased their investment in the MAC stock and 259 institutions decreased their investment in the Macerich Company (MAC)’s stock during the last quarter.