Abercrombie & Fitch Co. (NYSE:ANF) Shares Purchased by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC raised its holdings in Abercrombie & Fitch Co. (NYSE:ANF) by 18.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,801 shares of the apparel retailer’s stock after purchasing an additional 1,670 shares during the period. Los Angeles Capital Management LLC’s holdings in Abercrombie & Fitch were worth $1,614,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. UMB Bank n.a. increased its stake in shares of Abercrombie & Fitch by 92.2% in the fourth quarter. UMB Bank n.a. now owns 223 shares of the apparel retailer’s stock worth $33,000 after buying an additional 107 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Abercrombie & Fitch by 81.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 274 shares of the apparel retailer’s stock worth $38,000 after purchasing an additional 123 shares during the last quarter. Private Trust Co. NA raised its stake in shares of Abercrombie & Fitch by 604.4% in the 3rd quarter. Private Trust Co. NA now owns 317 shares of the apparel retailer’s stock valued at $44,000 after purchasing an additional 272 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of Abercrombie & Fitch by 56.2% in the 4th quarter. Fifth Third Bancorp now owns 367 shares of the apparel retailer’s stock valued at $55,000 after purchasing an additional 132 shares in the last quarter. Finally, Covestor Ltd lifted its position in shares of Abercrombie & Fitch by 16.9% during the third quarter. Covestor Ltd now owns 997 shares of the apparel retailer’s stock worth $139,000 after purchasing an additional 144 shares during the last quarter.

Analyst Upgrades and Downgrades

ANF has been the subject of several research analyst reports. Raymond James lowered their price objective on Abercrombie & Fitch from $180.00 to $165.00 and set an “outperform” rating for the company in a report on Tuesday, January 14th. UBS Group upgraded Abercrombie & Fitch from a “neutral” rating to a “buy” rating and boosted their price target for the company from $173.00 to $220.00 in a report on Friday, January 10th. Telsey Advisory Group restated an “outperform” rating and set a $190.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday. StockNews.com upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, JPMorgan Chase & Co. increased their target price on shares of Abercrombie & Fitch from $201.00 to $204.00 and gave the stock an “overweight” rating in a report on Friday, December 20th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $182.25.

Insider Buying and Selling

In other Abercrombie & Fitch news, Director Suzanne M. Coulter sold 2,870 shares of the business’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $160.00, for a total transaction of $459,200.00. Following the completion of the transaction, the director now owns 6,405 shares in the company, valued at approximately $1,024,800. The trade was a 30.94 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 2.58% of the company’s stock.

Abercrombie & Fitch Price Performance

Shares of NYSE ANF opened at $102.94 on Friday. The firm has a market capitalization of $5.19 billion, a PE ratio of 10.18 and a beta of 1.49. Abercrombie & Fitch Co. has a 1-year low of $99.12 and a 1-year high of $196.99. The business’s fifty day moving average price is $127.32 and its two-hundred day moving average price is $139.43.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Tuesday, November 26th. The apparel retailer reported $2.50 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.18. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter last year, the company earned $1.83 EPS. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. Equities research analysts expect that Abercrombie & Fitch Co. will post 10.62 earnings per share for the current fiscal year.

Abercrombie & Fitch Profile

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.