Tiffany & Co. (NYSE:TIF)‘s stock had its “hold” rating reissued by equities research analysts at Deutsche Bank AG in a research note issued on Wednesday. They presently have a $75.50 price objective on the stock. Deutsche Bank AG’s price objective indicates a potential downside of 4.65% from the company’s previous close.

Several other equities analysts have also recently commented on TIF. Morgan Stanley restated a “hold” rating on shares of Tiffany & Co. in a research note on Monday, August 15th. Mizuho raised their price objective on Tiffany & Co. from $72.00 to $82.00 and gave the stock a “buy” rating in a research note on Tuesday, August 23rd. Royal Bank Of Canada raised their price objective on Tiffany & Co. from $65.00 to $76.00 and gave the stock a “sector perform” rating in a research note on Friday, August 26th. Citigroup Inc. increased their target price on Tiffany & Co. from $71.00 to $79.00 and gave the stock a “neutral” rating in a research report on Friday, August 26th. Finally, Zacks Investment Research raised Tiffany & Co. from a “sell” rating to a “hold” rating in a research report on Friday, August 26th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $79.45.

Analyst Recommendations for Tiffany & Co. (NYSE:TIF)

Tiffany & Co. (NYSE:TIF) traded up 2.99% during midday trading on Wednesday, hitting $79.18. 3,183,073 shares of the company were exchanged. The stock has a 50 day moving average of $74.38 and a 200-day moving average of $67.71. Tiffany & Co. has a 1-year low of $56.99 and a 1-year high of $81.89. The stock has a market capitalization of $9.89 billion, a price-to-earnings ratio of 22.58 and a beta of 1.84.

Tiffany & Co. (NYSE:TIF) last posted its earnings results on Thursday, August 25th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.12. The firm earned $932 million during the quarter, compared to the consensus estimate of $931.37 million. Tiffany & Co. had a net margin of 11.26% and a return on equity of 15.90%. The company’s revenue was down 5.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.86 EPS. Equities analysts expect that Tiffany & Co. will post $3.66 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 10th. Investors of record on Tuesday, December 20th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.27%. Tiffany & Co.’s dividend payout ratio is 51.28%.

In other news, SVP Philippe Galtie sold 482 shares of the business’s stock in a transaction on Tuesday, September 20th. The stock was sold at an average price of $72.01, for a total transaction of $34,708.82. Following the completion of the sale, the senior vice president now owns 670 shares in the company, valued at $48,246.70. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.40% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of TIF. Fuller & Thaler Asset Management Inc. purchased a new position in Tiffany & Co. during the second quarter valued at $103,000. Welch Group LLC purchased a new position in Tiffany & Co. during the third quarter valued at $111,000. Advisory Services Network LLC boosted its position in Tiffany & Co. by 13.6% in the second quarter. Advisory Services Network LLC now owns 1,879 shares of the company’s stock valued at $114,000 after buying an additional 225 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of Tiffany & Co. by 9.9% in the second quarter. Pacer Advisors Inc. now owns 2,051 shares of the company’s stock valued at $124,000 after buying an additional 184 shares during the period. Finally, Signaturefd LLC boosted its position in shares of Tiffany & Co. by 6,690.6% in the second quarter. Signaturefd LLC now owns 2,173 shares of the company’s stock valued at $132,000 after buying an additional 2,141 shares during the period. 86.44% of the stock is owned by hedge funds and other institutional investors.

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Tiffany & Co. Company Profile

Tiffany & Co is a holding company that operates through its subsidiary companies. The Company’s principal subsidiary, Tiffany and Company (Tiffany), is a jeweler and specialty retailer. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO. retail stores. The Company’s segments include Americas, Asia-Pacific, Japan, Europe and Other.

5 Day Chart for NYSE:TIF

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