Quantitative Investment Management LLC bought a new position in shares of Abercrombie & Fitch Company (NYSE:ANF) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 13,700 shares of the apparel retailer’s stock, valued at approximately $170,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Point72 Asia Hong Kong Ltd acquired a new position in shares of Abercrombie & Fitch during the 1st quarter worth about $149,000. Suntrust Banks Inc. raised its position in shares of Abercrombie & Fitch by 7.9% in the 1st quarter. Suntrust Banks Inc. now owns 12,765 shares of the apparel retailer’s stock valued at $152,000 after acquiring an additional 931 shares during the period. State of Alaska Department of Revenue raised its position in shares of Abercrombie & Fitch by 79.7% in the 2nd quarter. State of Alaska Department of Revenue now owns 13,427 shares of the apparel retailer’s stock valued at $167,000 after acquiring an additional 5,957 shares during the period. Mason Street Advisors LLC raised its position in shares of Abercrombie & Fitch by 7.0% in the 1st quarter. Mason Street Advisors LLC now owns 15,825 shares of the apparel retailer’s stock valued at $189,000 after acquiring an additional 1,037 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC acquired a new stake in shares of Abercrombie & Fitch in the 2nd quarter valued at approximately $208,000. Hedge funds and other institutional investors own 98.47% of the company’s stock.

Abercrombie & Fitch Company (NYSE:ANF) opened at 14.72 on Tuesday. The firm’s market capitalization is $1.00 billion. The stock’s 50 day moving average is $12.68 and its 200 day moving average is $11.88. Abercrombie & Fitch Company has a 1-year low of $8.81 and a 1-year high of $17.35.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings results on Thursday, August 24th. The apparel retailer reported ($0.16) EPS for the quarter, beating analysts’ consensus estimates of ($0.33) by $0.17. The business had revenue of $779.00 million during the quarter, compared to analyst estimates of $758.57 million. Abercrombie & Fitch had a negative return on equity of 0.79% and a negative net margin of 0.62%. Abercrombie & Fitch’s quarterly revenue was down .5% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.25) EPS. Analysts predict that Abercrombie & Fitch Company will post ($0.04) EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 11th. Shareholders of record on Friday, September 1st were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 5.43%. The ex-dividend date was Wednesday, August 30th. Abercrombie & Fitch’s dividend payout ratio is -258.06%.

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ANF has been the topic of several analyst reports. Zacks Investment Research lowered shares of Abercrombie & Fitch from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th. Jefferies Group LLC reissued a “hold” rating and issued a $12.00 price target on shares of Abercrombie & Fitch in a report on Thursday, September 28th. Argus raised shares of Abercrombie & Fitch from a “sell” rating to a “hold” rating in a report on Monday. BMO Capital Markets set a $14.00 price target on shares of Abercrombie & Fitch and gave the company a “hold” rating in a report on Tuesday, August 8th. Finally, FBR & Co lowered their price objective on shares of Abercrombie & Fitch from $13.00 to $11.00 and set a “neutral” rating for the company in a research report on Tuesday, August 15th. Six research analysts have rated the stock with a sell rating, fifteen have given a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $12.30.

About Abercrombie & Fitch

Abercrombie & Fitch Co is a specialty retailer who primarily sells its products through store and direct-to-consumer operations, as well as through various wholesale, franchise and licensing arrangements. The Company operates through two segments: Abercrombie, which includes the Company’s Abercrombie & Fitch and abercrombie kids brands, and Hollister, which includes the Company’s Hollister and Gilly Hicks brands.

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Institutional Ownership by Quarter for Abercrombie & Fitch (NYSE:ANF)

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