Tiffany & Co. (NYSE:TIF) Director Francesco Trapani acquired 25,000 shares of the business’s stock in a transaction on Friday, September 1st. The stock was purchased at an average price of $91.84 per share, for a total transaction of $2,296,000.00. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Francesco Trapani also recently made the following trade(s):

  • On Wednesday, August 30th, Francesco Trapani acquired 56,064 shares of Tiffany & Co. stock. The stock was purchased at an average price of $88.03 per share, for a total transaction of $4,935,313.92.
  • On Thursday, August 31st, Francesco Trapani acquired 76,064 shares of Tiffany & Co. stock. The stock was purchased at an average price of $88.69 per share, for a total transaction of $6,746,116.16.
  • On Monday, August 28th, Francesco Trapani acquired 35,000 shares of Tiffany & Co. stock. The stock was purchased at an average price of $89.34 per share, for a total transaction of $3,126,900.00.
  • On Tuesday, August 29th, Francesco Trapani acquired 48,936 shares of Tiffany & Co. stock. The stock was purchased at an average price of $89.16 per share, for a total transaction of $4,363,133.76.

Shares of Tiffany & Co. (NYSE TIF) opened at 93.48 on Thursday. The company’s 50 day moving average is $91.35 and its 200-day moving average is $91.74. The company has a market cap of $11.64 billion, a P/E ratio of 25.39 and a beta of 1.91. Tiffany & Co. has a 12 month low of $66.35 and a 12 month high of $97.29.

Tiffany & Co. (NYSE:TIF) last issued its earnings results on Thursday, August 24th. The specialty retailer reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.06. The company had revenue of $960 million for the quarter, compared to analyst estimates of $930.19 million. Tiffany & Co. had a net margin of 11.41% and a return on equity of 15.91%. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.84 EPS. Analysts expect that Tiffany & Co. will post $3.97 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 10th. Stockholders of record on Wednesday, September 20th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.14%. The ex-dividend date of this dividend is Tuesday, September 19th. Tiffany & Co.’s dividend payout ratio (DPR) is presently 54.35%.

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A number of equities analysts have commented on TIF shares. Bank of America Corporation reiterated a “buy” rating and issued a $110.00 price objective on shares of Tiffany & Co. in a report on Wednesday, June 28th. Jefferies Group LLC set a $110.00 price objective on shares of Tiffany & Co. and gave the stock a “buy” rating in a report on Tuesday, June 6th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a $104.00 price objective on shares of Tiffany & Co. in a report on Thursday, June 1st. Oppenheimer Holdings, Inc. set a $105.00 price objective on shares of Tiffany & Co. and gave the stock a “buy” rating in a report on Wednesday, May 24th. Finally, BidaskClub lowered shares of Tiffany & Co. from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 10th. Ten investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Tiffany & Co. currently has an average rating of “Buy” and a consensus target price of $92.81.

Hedge funds and other institutional investors have recently modified their holdings of the company. King Luther Capital Management Corp boosted its stake in shares of Tiffany & Co. by 0.5% in the 1st quarter. King Luther Capital Management Corp now owns 803,818 shares of the specialty retailer’s stock valued at $76,604,000 after purchasing an additional 4,235 shares during the last quarter. Karp Capital Management Corp bought a new position in shares of Tiffany & Co. in the 1st quarter valued at about $4,418,000. Palo Capital Inc. boosted its stake in shares of Tiffany & Co. by 1.3% in the 2nd quarter. Palo Capital Inc. now owns 20,347 shares of the specialty retailer’s stock valued at $1,910,000 after purchasing an additional 259 shares during the last quarter. National Pension Service boosted its stake in shares of Tiffany & Co. by 10.1% in the 2nd quarter. National Pension Service now owns 136,848 shares of the specialty retailer’s stock valued at $12,661,000 after purchasing an additional 12,600 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Tiffany & Co. by 1.4% in the 1st quarter. Principal Financial Group Inc. now owns 162,416 shares of the specialty retailer’s stock valued at $15,479,000 after purchasing an additional 2,289 shares during the last quarter. 79.76% of the stock is currently owned by institutional investors.

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. The Company’s segments include Americas, Asia-Pacific, Japan, Europe and Other. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO.

Insider Buying and Selling by Quarter for Tiffany & Co. (NYSE:TIF)

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