Abercrombie & Fitch Company (ANF) Position Trimmed by Aperio Group LLC

Aperio Group LLC lowered its stake in shares of Abercrombie & Fitch Company (NYSE:ANF) by 13.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 51,531 shares of the apparel retailer’s stock after selling 8,334 shares during the quarter. Aperio Group LLC owned 0.08% of Abercrombie & Fitch worth $744,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. Louisiana State Employees Retirement System boosted its stake in shares of Abercrombie & Fitch by 0.4% during the second quarter. Louisiana State Employees Retirement System now owns 27,700 shares of the apparel retailer’s stock worth $345,000 after buying an additional 100 shares during the period. Capstone Asset Management Co. boosted its holdings in shares of Abercrombie & Fitch by 0.5% in the 2nd quarter. Capstone Asset Management Co. now owns 31,952 shares of the apparel retailer’s stock valued at $397,000 after purchasing an additional 160 shares during the last quarter. Arizona State Retirement System lifted its holdings in shares of Abercrombie & Fitch by 0.6% during the 2nd quarter. Arizona State Retirement System now owns 35,500 shares of the apparel retailer’s stock valued at $442,000 after acquiring an additional 200 shares in the last quarter. Suntrust Banks Inc. lifted its holdings in shares of Abercrombie & Fitch by 3.9% during the 2nd quarter. Suntrust Banks Inc. now owns 13,257 shares of the apparel retailer’s stock valued at $164,000 after acquiring an additional 492 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of Abercrombie & Fitch by 0.3% during the 2nd quarter. Franklin Resources Inc. now owns 229,091 shares of the apparel retailer’s stock valued at $2,850,000 after acquiring an additional 591 shares in the last quarter. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms recently issued reports on ANF. Bank of America set a $9.00 price target on shares of Abercrombie & Fitch and gave the stock a “sell” rating in a research note on Monday, November 20th. Royal Bank Of Canada boosted their target price on shares of Abercrombie & Fitch from $14.00 to $16.00 and gave the stock a “sector perform” rating in a research report on Tuesday, November 21st. Zacks Investment Research raised shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research report on Tuesday, November 21st. TheStreet raised shares of Abercrombie & Fitch from a “d+” rating to a “c-” rating in a research report on Friday, November 24th. Finally, ValuEngine raised shares of Abercrombie & Fitch from a “sell” rating to a “hold” rating in a research note on Friday, November 17th. Seven research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. Abercrombie & Fitch currently has a consensus rating of “Hold” and an average price target of $12.98.

Shares of Abercrombie & Fitch Company (NYSE ANF) traded up $0.14 during mid-day trading on Thursday, hitting $17.79. 2,069,853 shares of the stock were exchanged, compared to its average volume of 3,607,405. Abercrombie & Fitch Company has a 52 week low of $8.81 and a 52 week high of $18.44. The firm has a market cap of $1,220.00, a PE ratio of 131.85, a price-to-earnings-growth ratio of 11.39 and a beta of 0.96. The company has a current ratio of 2.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.27.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings data on Friday, November 17th. The apparel retailer reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.06. The firm had revenue of $859.10 million during the quarter, compared to analysts’ expectations of $818.41 million. Abercrombie & Fitch had a negative net margin of 0.55% and a positive return on equity of 0.80%. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.02 EPS. research analysts forecast that Abercrombie & Fitch Company will post 0.11 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Friday, December 1st will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.50%. The ex-dividend date of this dividend is Thursday, November 30th. Abercrombie & Fitch’s dividend payout ratio (DPR) is presently -275.86%.

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About Abercrombie & Fitch

Abercrombie & Fitch Co is a specialty retailer who primarily sells its products through store and direct-to-consumer operations, as well as through various wholesale, franchise and licensing arrangements. The Company operates through two segments: Abercrombie, which includes the Company’s Abercrombie & Fitch and abercrombie kids brands, and Hollister, which includes the Company’s Hollister and Gilly Hicks brands.

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

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