Abercrombie & Fitch Co. (NYSE:ANF)‘s stock had its “underperform” rating reaffirmed by analysts at FBR & Co in a research report issued to clients and investors on Monday.

ANF has been the subject of several other research reports. Vetr lowered Abercrombie & Fitch Co. from a “hold” rating to a “sell” rating and set a $20.70 price target for the company. in a research note on Friday, August 12th. Deutsche Bank AG restated a “hold” rating and issued a $20.00 price target (down previously from $23.00) on shares of Abercrombie & Fitch Co. in a research note on Monday, August 15th. Standpoint Research upgraded Abercrombie & Fitch Co. from a “hold” rating to a “buy” rating in a research note on Tuesday, August 30th. Jefferies Group restated a “buy” rating on shares of Abercrombie & Fitch Co. in a research note on Sunday, September 4th. Finally, Telsey Advisory Group cut their price target on Abercrombie & Fitch Co. from $24.00 to $21.00 and set a “market perform” rating for the company in a research note on Wednesday, August 31st. Eight analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have given a buy rating to the company’s stock. Abercrombie & Fitch Co. presently has a consensus rating of “Hold” and an average price target of $20.43.

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

Shares of Abercrombie & Fitch Co. (NYSE:ANF) opened at 15.49 on Monday. The firm’s 50-day moving average price is $15.50 and its 200-day moving average price is $18.69. Abercrombie & Fitch Co. has a 12 month low of $14.00 and a 12 month high of $32.83. The stock has a market capitalization of $1.05 billion, a P/E ratio of 22.78 and a beta of 1.31.

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

The company also recently announced a quarterly dividend, which will be paid on Monday, December 12th. Shareholders of record on Friday, December 2nd will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date of this dividend is Wednesday, November 30th. Abercrombie & Fitch Co.’s payout ratio is 421.05%.

In other news, insider Bonadies Fran Horowitz bought 15,000 shares of the business’s stock in a transaction on Thursday, September 8th. The shares were bought at an average price of $17.32 per share, with a total value of $259,800.00. Following the completion of the transaction, the insider now directly owns 44,701 shares in the company, valued at $774,221.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Craig R. Stapleton bought 10,000 shares of the business’s stock in a transaction on Thursday, September 1st. The stock was purchased at an average cost of $17.65 per share, for a total transaction of $176,500.00. Following the transaction, the director now owns 57,398 shares of the company’s stock, valued at $1,013,074.70. The disclosure for this purchase can be found here. 0.85% of the stock is owned by company insiders.

A number of hedge funds have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD raised its stake in Abercrombie & Fitch Co. by 46.2% in the third quarter. Price T Rowe Associates Inc. MD now owns 18,680 shares of the apparel retailer’s stock worth $297,000 after buying an additional 5,900 shares in the last quarter. Ameritas Investment Partners Inc. raised its stake in Abercrombie & Fitch Co. by 65.1% in the third quarter. Ameritas Investment Partners Inc. now owns 26,505 shares of the apparel retailer’s stock worth $421,000 after buying an additional 10,449 shares in the last quarter. Panagora Asset Management Inc. raised its stake in Abercrombie & Fitch Co. by 86.8% in the third quarter. Panagora Asset Management Inc. now owns 7,104 shares of the apparel retailer’s stock worth $113,000 after buying an additional 3,302 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in Abercrombie & Fitch Co. during the third quarter worth $2,179,000. Finally, SECOR Capital Advisors LP bought a new stake in Abercrombie & Fitch Co. during the third quarter worth $215,000.

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About Abercrombie & Fitch Co.

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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