Coach (COH) is Upgraded by BB&T Capital Mkts to Hold

Coach (COH) is Upgraded by BB&T Capital Mkts to Hold , according to the research report released to the investors. Earlier the firm had a rating of Underweight on the company shares. The shares recommendation by the Brokerage Firm was released on Jan-4-2016.

Coach, Inc. is up 16.29% in the last 3-month period. Year-to-Date the stock performance stands at -9.34%.The company shares have dropped -12.44% from its 1 Year high price. On Mar 2, 2015, the shares registered one year high at $43.87 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $31.35 and the 200 Day Moving Average price is recorded at $31.39.

Shares of Coach, Inc. (NYSE:COH) rose by 0.25% in the past week and 7.03% for the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 1.08% and the outperformance increases to 9.53% for the last 4 weeks.

Coach, Inc. (NYSE:COH) : On Thursday heightened volatility was witnessed in Coach, Inc. (NYSE:COH) which led to swings in the share price. The shares opened for trading at $32.61 and hit $32.9 on the upside , eventually ending the session at $32.73, with a gain of 0.18% or 0.06 points. The heightened volatility saw the trading volume jump to 2,582,004 shares. The 52-week high of the share price is $43.87 and the company has a market cap of $9,083 million. The 52-week low of the share price is at $27.2199 .

Currently the company Insiders own 0.64% of Coach, Inc. shares according to the proxy statements. Institutional Investors own 84.33% of Coach, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -62.53%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, The officer (Global Human Resources Officer), of Coach Inc, Dunn Sarah had unloaded 4,000 shares at $43.23 per share in a transaction on March 3, 2015. The total value of transaction was $172,920. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Coach, Inc. (Coach) is a marketer of accessories and gifts for women and men. The Company offers a range of modern, fashionable handbags and accessories. Its product offerings include womens and mens bags, accessories, footwear, wearables, jewelry, travel bags, sunwear, watches and fragrance. The Company operates in two segments: North America, which includes sales to North American consumers through Company-operated stores, including the Internet, and sales to wholesale customers and distributors and International, which includes sales to consumers through Company-operated stores in Japan and mainland China, including the Internet, Hong Kong, Macau, Singapore, Taiwan, Malaysia and Korea and sales to wholesale customers and distributors in 25 countries.