New York State Teachers Retirement System Acquires 27,437 Shares of Abercrombie & Fitch Co. (ANF)

New York State Teachers Retirement System boosted its stake in shares of Abercrombie & Fitch Co. (NYSE:ANF) by 20.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 158,997 shares of the apparel retailer’s stock after buying an additional 27,437 shares during the period. New York State Teachers Retirement System’s holdings in Abercrombie & Fitch Co. were worth $1,908,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. BNP Paribas Arbitrage SA increased its stake in shares of Abercrombie & Fitch Co. by 22.3% in the third quarter. BNP Paribas Arbitrage SA now owns 304,280 shares of the apparel retailer’s stock valued at $4,835,000 after buying an additional 55,395 shares in the last quarter. Legacy Private Trust Co. purchased a new stake in shares of Abercrombie & Fitch Co. during the third quarter valued at approximately $207,000. Adams Asset Advisors LLC increased its stake in shares of Abercrombie & Fitch Co. by 16.3% in the third quarter. Adams Asset Advisors LLC now owns 30,847 shares of the apparel retailer’s stock valued at $490,000 after buying an additional 4,326 shares in the last quarter. Smith Graham & Co. Investment Advisors LP increased its stake in shares of Abercrombie & Fitch Co. by 39.2% in the third quarter. Smith Graham & Co. Investment Advisors LP now owns 203,362 shares of the apparel retailer’s stock valued at $3,231,000 after buying an additional 57,270 shares in the last quarter. Finally, Alpha Windward LLC increased its stake in shares of Abercrombie & Fitch Co. by 16.2% in the third quarter. Alpha Windward LLC now owns 19,320 shares of the apparel retailer’s stock valued at $307,000 after buying an additional 2,700 shares in the last quarter.

Institutional Ownership by Quarter for Abercrombie & Fitch Co. (NYSE:ANF)

Shares of Abercrombie & Fitch Co. (NYSE:ANF) opened at 11.67 on Tuesday. Abercrombie & Fitch Co. has a 52 week low of $10.91 and a 52 week high of $32.51. The company has a market capitalization of $790.74 million, a PE ratio of 201.21 and a beta of 1.25. The stock has a 50 day moving average price of $11.94 and a 200-day moving average price of $14.12.

Abercrombie & Fitch Co. (NYSE:ANF) last released its quarterly earnings data on Thursday, March 2nd. The apparel retailer reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.75 by $0.04. The business earned $1.04 billion during the quarter, compared to analyst estimates of $1.05 billion. Abercrombie & Fitch Co. had a net margin of 0.38% and a return on equity of 1.50%. The business’s quarterly revenue was down 6.9% compared to the same quarter last year. During the same period last year, the business earned $1.08 earnings per share. Equities research analysts expect that Abercrombie & Fitch Co. will post ($0.07) EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 13th. Investors of record on Friday, March 3rd were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 6.86%. The ex-dividend date of this dividend was Wednesday, March 1st. Abercrombie & Fitch Co.’s dividend payout ratio (DPR) is presently 421.05%.

Your IP Address:

Several equities research analysts have recently commented on ANF shares. Vetr upgraded shares of Abercrombie & Fitch Co. from a “sell” rating to a “buy” rating and set a $15.43 target price on the stock in a research note on Monday, November 21st. Telsey Advisory Group reduced their target price on shares of Abercrombie & Fitch Co. from $19.00 to $16.00 and set a “market perform” rating on the stock in a research note on Monday, November 21st. FBR & Co restated an “underperform” rating on shares of Abercrombie & Fitch Co. in a research note on Monday, November 21st. Royal Bank of Canada downgraded shares of Abercrombie & Fitch Co. from a “sector perform” rating to an “underperform” rating and reduced their target price for the company from $20.00 to $12.00 in a research note on Monday, November 21st. Finally, Mizuho set a $12.00 target price on shares of Abercrombie & Fitch Co. and gave the company a “hold” rating in a research note on Monday, November 21st. Ten equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. Abercrombie & Fitch Co. currently has a consensus rating of “Hold” and a consensus price target of $17.16.

Abercrombie & Fitch Co. Company Profile

Abercrombie & Fitch Co (A&F) is a specialty retailer that operates stores and direct-to-consumer operations. Through these channels, the Company sells products, including casual sportswear apparel, including knit tops and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters and outerwear; personal care products, and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids and Hollister brands.

5 Day Chart for NYSE:ANF

Want to see what other hedge funds are holding ANF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Abercrombie & Fitch Co. (NYSE:ANF).

Receive News & Ratings for Abercrombie & Fitch Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abercrombie & Fitch Co. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Nike Suspends Relationship with Maria Sharapova
Nike Suspends Relationship with Maria Sharapova
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Ron Washington Leaves Texas Rangers Due to an Affair
Ron Washington Leaves Texas Rangers Due to an Affair
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Tony Stewart Case Going to the Grand Jury
Tony Stewart Case Going to the Grand Jury
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder


Leave a Reply

 
© 2006-2017 Web Breaking News.