Abercrombie & Fitch Co. (NYSE:ANF) had its price target reduced by Telsey Advisory Group from $19.00 to $16.00 in a report issued on Monday. They currently have a market perform rating on the apparel retailer’s stock.

A number of other research firms also recently weighed in on ANF. Vetr downgraded shares of Abercrombie & Fitch Co. from a strong-buy rating to a buy rating and set a $15.36 target price for the company. in a research report on Tuesday, November 1st. FBR & Co reduced their target price on shares of Abercrombie & Fitch Co. from $22.00 to $19.00 and set a market perform rating for the company in a research report on Wednesday, August 31st. Robert W. Baird reissued a neutral rating and set a $21.00 target price (down from $23.00) on shares of Abercrombie & Fitch Co. in a research report on Wednesday, August 31st. KeyCorp reduced their target price on shares of Abercrombie & Fitch Co. from $27.00 to $25.00 and set an overweight rating for the company in a research report on Wednesday, August 31st. Finally, Mizuho reduced their target price on shares of Abercrombie & Fitch Co. from $21.00 to $19.00 and set a neutral rating for the company in a research report on Thursday, August 25th. Eight analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of $20.60.

Abercrombie & Fitch Co. (NYSE:ANF) traded up 5.83% during midday trading on Monday, hitting $15.62. 2,204,832 shares of the stock were exchanged. The firm has a market capitalization of $1.06 billion, a P/E ratio of 22.97 and a beta of 1.31. Abercrombie & Fitch Co. has a 1-year low of $14.00 and a 1-year high of $32.83. The firm’s 50-day moving average price is $15.51 and its 200 day moving average price is $18.76.

Abercrombie & Fitch Co. (NYSE:ANF) last issued its quarterly earnings data on Friday, November 18th. The apparel retailer reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.21 by $0.19. Abercrombie & Fitch Co. had a return on equity of 1.50% and a net margin of 0.38%. The firm earned $821.70 million during the quarter. During the same period last year, the firm earned $0.48 earnings per share. The business’s quarterly revenue was down 6.5% compared to the same quarter last year. Analysts expect that Abercrombie & Fitch Co. will post $0.46 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 12th. Stockholders of record on Friday, December 2nd will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 5.42%. The ex-dividend date is Wednesday, November 30th. Abercrombie & Fitch Co.’s dividend payout ratio (DPR) is presently 421.05%.

In other news, Director Craig R. Stapleton bought 10,000 shares of Abercrombie & Fitch Co. stock in a transaction dated Thursday, September 1st. The shares were acquired at an average price of $17.65 per share, with a total value of $176,500.00. Following the completion of the purchase, the director now owns 57,398 shares in the company, valued at approximately $1,013,074.70. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Bonadies Fran Horowitz bought 15,000 shares of Abercrombie & Fitch Co. stock in a transaction dated Thursday, September 8th. The stock was purchased at an average cost of $17.32 per share, for a total transaction of $259,800.00. Following the purchase, the insider now owns 44,701 shares of the company’s stock, valued at approximately $774,221.32. The disclosure for this purchase can be found here. 0.85% of the stock is currently owned by insiders.

Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in Abercrombie & Fitch Co. by 11.6% in the second quarter. Vanguard Group Inc. now owns 7,408,956 shares of the apparel retailer’s stock worth $131,954,000 after buying an additional 767,144 shares during the last quarter. FMR LLC boosted its position in Abercrombie & Fitch Co. by 3.0% in the second quarter. FMR LLC now owns 6,768,300 shares of the apparel retailer’s stock worth $120,543,000 after buying an additional 200,100 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Abercrombie & Fitch Co. by 10.7% in the second quarter. Dimensional Fund Advisors LP now owns 3,951,547 shares of the apparel retailer’s stock worth $70,376,000 after buying an additional 381,957 shares during the last quarter. BlackRock Fund Advisors boosted its position in Abercrombie & Fitch Co. by 6.6% in the third quarter. BlackRock Fund Advisors now owns 3,552,806 shares of the apparel retailer’s stock worth $56,454,000 after buying an additional 218,534 shares during the last quarter. Finally, State Street Corp boosted its position in Abercrombie & Fitch Co. by 2.2% in the second quarter. State Street Corp now owns 3,389,409 shares of the apparel retailer’s stock worth $60,368,000 after buying an additional 72,293 shares during the last quarter.

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

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