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

Los Angeles Capital Management LLC lifted its holdings in Abercrombie & Fitch Co. (NYSE:ANF) by 18.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in ANF. Chartwell Investment Partners LLC boosted its holdings in Abercrombie & Fitch by 0.8% during the third quarter. Chartwell Investment Partners LLC now owns 9,445 shares of the apparel retailer’s stock worth $1,322,000 after buying an additional 74 shares in the last quarter. Atria Investments Inc lifted its position in shares of Abercrombie & Fitch by 5.4% during the 3rd quarter. Atria Investments Inc now owns 1,564 shares of the apparel retailer’s stock valued at $219,000 after acquiring an additional 80 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of Abercrombie & Fitch by 92.2% during the 4th quarter. UMB Bank n.a. now owns 223 shares of the apparel retailer’s stock worth $33,000 after acquiring an additional 107 shares in the last quarter. Asset Management One Co. Ltd. grew its holdings in shares of Abercrombie & Fitch by 1.3% in the 4th quarter. Asset Management One Co. Ltd. now owns 9,047 shares of the apparel retailer’s stock worth $1,392,000 after acquiring an additional 118 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of Abercrombie & Fitch by 81.5% during the third 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 period.

Abercrombie & Fitch Stock Performance

Abercrombie & Fitch stock opened at $102.94 on Friday. Abercrombie & Fitch Co. has a twelve month low of $99.12 and a twelve month high of $196.99. The firm has a market cap of $5.19 billion, a PE ratio of 10.18 and a beta of 1.49. The firm’s 50 day moving average price is $127.32 and its two-hundred day moving average price is $139.43.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings results 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. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.19 billion. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. Abercrombie & Fitch’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.83 earnings per share. Equities analysts anticipate that Abercrombie & Fitch Co. will post 10.62 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Morgan Stanley decreased their price target on Abercrombie & Fitch from $149.00 to $139.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 15th. StockNews.com upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating in a report on Saturday. UBS Group upgraded shares of 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. JPMorgan Chase & Co. raised their price objective on shares of Abercrombie & Fitch from $201.00 to $204.00 and gave the stock an “overweight” rating in a research note on Friday, December 20th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $190.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Abercrombie & Fitch presently has an average rating of “Moderate Buy” and a consensus target price of $182.25.

Insiders Place Their Bets

In other news, Director Suzanne M. Coulter sold 2,870 shares of Abercrombie & Fitch stock in a transaction dated 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 sale, the director now directly owns 6,405 shares in the company, valued at $1,024,800. The trade was a 30.94 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.58% of the company’s stock.

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.