Abercrombie & Fitch Co. (NYSE:ANF) had its price objective dropped by investment analysts at Mizuho from $20.00 to $15.00 in a note issued to investors on Friday. The firm presently has a “neutral” rating on the apparel retailer’s stock. Mizuho’s price target points to a potential upside of 1.63% from the company’s current price.

Several other research analysts also recently issued reports on the stock. Vetr downgraded shares of Abercrombie & Fitch Co. from a “buy” rating to a “hold” rating and set a $15.36 price objective on the stock. in a research report on Monday, November 7th. Jefferies Group reissued a “buy” rating on shares of Abercrombie & Fitch Co. in a research report on Sunday, September 4th. FBR & Co lowered their price objective on shares of Abercrombie & Fitch Co. from $22.00 to $19.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 31st. BMO Capital Markets reissued a “market perform” rating and set a $19.00 price objective (down from $20.00) on shares of Abercrombie & Fitch Co. in a research report on Thursday, September 1st. Finally, Stifel Nicolaus downgraded shares of Abercrombie & Fitch Co. from a “buy” rating to a “hold” rating and raised their price objective for the stock from $18.05 to $24.00 in a research report on Wednesday, August 31st. Eight equities research 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 company currently has a consensus rating of “Hold” and an average price target of $20.60.

Analyst Recommendations for Abercrombie & Fitch Co. (NYSE:ANF)

Abercrombie & Fitch Co. (NYSE:ANF) opened at 14.76 on Friday. Abercrombie & Fitch Co. has a 52-week low of $14.00 and a 52-week high of $32.83. The firm has a market cap of $998.68 million, a P/E ratio of 21.71 and a beta of 1.31. The company’s 50 day moving average is $15.51 and its 200 day moving average is $18.76.

Abercrombie & Fitch Co. (NYSE:ANF) last posted its earnings results on Friday, November 18th. The apparel retailer reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.21 by $0.19. The company earned $821.70 million during the quarter. Abercrombie & Fitch Co. had a net margin of 0.38% and a return on equity of 1.50%. Abercrombie & Fitch Co.’s revenue was down 6.5% on a year-over-year basis. During the same quarter last year, the business earned $0.48 earnings per share. Equities research analysts forecast that Abercrombie & Fitch Co. will post $0.46 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 12th. Stockholders of record on Friday, December 2nd will be given a dividend of $0.20 per share. The ex-dividend date is Wednesday, November 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.42%. Abercrombie & Fitch Co.’s payout ratio is currently 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 cost of $17.65 per share, with a total value of $176,500.00. Following the completion of the transaction, the director now owns 57,398 shares in the company, valued at approximately $1,013,074.70. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Bonadies Fran Horowitz bought 15,000 shares of Abercrombie & Fitch Co. stock in a transaction dated Thursday, September 8th. The shares were purchased at an average cost of $17.32 per share, for a total transaction of $259,800.00. Following the completion of the transaction, 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. Insiders own 0.85% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the stock. BlackRock Group LTD boosted its stake in Abercrombie & Fitch Co. by 9.1% in the first quarter. BlackRock Group LTD now owns 47,967 shares of the apparel retailer’s stock valued at $1,513,000 after buying an additional 4,011 shares in the last quarter. Geode Capital Management LLC boosted its stake in Abercrombie & Fitch Co. by 2.1% in the first quarter. Geode Capital Management LLC now owns 426,894 shares of the apparel retailer’s stock valued at $13,463,000 after buying an additional 8,957 shares in the last quarter. Wellington Management Group LLP bought a new stake in Abercrombie & Fitch Co. during the first quarter valued at about $14,609,000. AMP Capital Investors Ltd bought a new stake in Abercrombie & Fitch Co. during the first quarter valued at about $298,000. Finally, Metropolitan Life Insurance Co. NY boosted its stake in Abercrombie & Fitch Co. by 2.1% in the first quarter. Metropolitan Life Insurance Co. NY now owns 108,273 shares of the apparel retailer’s stock valued at $3,415,000 after buying an additional 2,191 shares in 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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