California State Teachers Retirement System lessened its stake in shares of Abercrombie & Fitch Company (NYSE:ANF) by 9.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 121,018 shares of the apparel retailer’s stock after selling 13,096 shares during the period. California State Teachers Retirement System owned about 0.18% of Abercrombie & Fitch worth $1,505,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Cornerstone Capital Management Holdings LLC. bought a new position in Abercrombie & Fitch in the second quarter worth approximately $114,000. Northwestern Mutual Investment Management Company LLC bought a new position in Abercrombie & Fitch in the second quarter worth approximately $208,000. Suntrust Banks Inc. raised its stake in Abercrombie & Fitch by 3.9% in the second quarter. Suntrust Banks Inc. now owns 13,257 shares of the apparel retailer’s stock worth $164,000 after buying an additional 492 shares in the last quarter. State of Alaska Department of Revenue raised its stake in Abercrombie & Fitch by 79.7% in the second quarter. State of Alaska Department of Revenue now owns 13,427 shares of the apparel retailer’s stock worth $167,000 after buying an additional 5,957 shares in the last quarter. Finally, Quantitative Investment Management LLC bought a new position in Abercrombie & Fitch in the second quarter worth approximately $170,000. 98.66% of the stock is owned by hedge funds and other institutional investors.

Abercrombie & Fitch Company (ANF) opened at $15.55 on Monday. The firm has a market cap of $1,058.75, a PE ratio of 119.61, a price-to-earnings-growth ratio of 296.19 and a beta of 0.76. Abercrombie & Fitch Company has a 1 year low of $8.81 and a 1 year high of $16.36. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.08 and a quick ratio of 1.07.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Friday, November 17th. The apparel retailer reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.06. The business had revenue of $859.10 million during the quarter, compared to the consensus estimate of $818.41 million. Abercrombie & Fitch had a negative net margin of 0.55% and a positive return on equity of 0.80%. The company’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.02 earnings per share.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Friday, December 1st will be given a $0.20 dividend. The ex-dividend date is Thursday, November 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.14%. Abercrombie & Fitch’s dividend payout ratio (DPR) is currently -285.70%.

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A number of brokerages recently commented on ANF. B. Riley reissued a “neutral” rating on shares of Abercrombie & Fitch in a research note on Wednesday, November 1st. Jefferies Group LLC set a $14.00 price target on shares of Abercrombie & Fitch and gave the stock a “hold” rating in a report on Friday. Zacks Investment Research lowered shares of Abercrombie & Fitch from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th. Robert W. Baird set a $16.00 price target on shares of Abercrombie & Fitch and gave the stock a “hold” rating in a report on Saturday. Finally, BMO Capital Markets set a $14.00 price target on shares of Abercrombie & Fitch and gave the stock a “hold” rating in a report on Tuesday, August 8th. Six research analysts have rated the stock with a sell rating, seventeen have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Abercrombie & Fitch has a consensus rating of “Hold” and a consensus target price of $12.61.

Abercrombie & Fitch Profile

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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