WINTON GROUP Ltd decreased its position in Abercrombie & Fitch Company (NYSE:ANF – Free Report) by 67.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,482 shares of the apparel retailer’s stock after selling 27,597 shares during the quarter. WINTON GROUP Ltd’s holdings in Abercrombie & Fitch were worth $1,153,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Abercrombie & Fitch by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer’s stock valued at $2,254,000 after acquiring an additional 892 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in Abercrombie & Fitch by 521.1% during the first quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock worth $76,000 after acquiring an additional 839 shares during the period. United Services Automobile Association purchased a new position in Abercrombie & Fitch in the first quarter worth $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Abercrombie & Fitch by 8.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 127,389 shares of the apparel retailer’s stock valued at $9,729,000 after purchasing an additional 10,459 shares during the period. Finally, Sivia Capital Partners LLC bought a new position in Abercrombie & Fitch in the 2nd quarter valued at $348,000.
Abercrombie & Fitch Price Performance
ANF stock opened at $87.25 on Thursday. The company has a market cap of $4.00 billion, a P/E ratio of 8.28 and a beta of 1.17. The firm has a 50-day moving average of $100.64 and a 200 day moving average of $93.11. Abercrombie & Fitch Company has a 1 year low of $65.40 and a 1 year high of $133.11.
Wall Street Analysts Forecast Growth
ANF has been the subject of a number of research analyst reports. Jefferies Financial Group decreased their price objective on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, March 4th. Wall Street Zen downgraded Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Sunday. The Goldman Sachs Group assumed coverage on shares of Abercrombie & Fitch in a research report on Thursday, December 11th. They set a “buy” rating and a $120.00 price target for the company. Barclays decreased their price objective on shares of Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 5th. Finally, Citigroup upgraded Abercrombie & Fitch from a “neutral” rating to a “buy” rating and raised their price target for the company from $90.00 to $135.00 in a research report on Wednesday, January 21st. Seven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $118.80.
Check Out Our Latest Stock Report on Abercrombie & Fitch
Insider Buying and Selling
In related news, CEO Fran Horowitz sold 29,769 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $100.00, for a total transaction of $2,976,900.00. Following the sale, the chief executive officer directly owned 308,503 shares of the company’s stock, valued at $30,850,300. This trade represents a 8.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In the last quarter, insiders sold 350,000 shares of company stock worth $34,661,358. Company insiders own 2.29% of the company’s stock.
Abercrombie & Fitch Profile
Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.
The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.
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