Tiffany & Co. (NYSE:TIF) – Equities researchers at Jefferies Group boosted their Q4 2018 earnings per share (EPS) estimates for shares of Tiffany & Co. in a report released on Wednesday. Jefferies Group analyst R. Konik now anticipates that the specialty retailer will post earnings of $1.61 per share for the quarter, up from their previous forecast of $1.54.

Tiffany & Co. (NYSE:TIF) last announced its earnings results on Wednesday, November 29th. The specialty retailer reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.04. The business had revenue of $976.20 million during the quarter, compared to analysts’ expectations of $957.18 million. Tiffany & Co. had a return on equity of 15.77% and a net margin of 11.46%. The business’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.76 earnings per share.

A number of other research firms have also issued reports on TIF. Needham & Company LLC restated a “hold” rating on shares of Tiffany & Co. in a research report on Tuesday, October 17th. Cowen set a $102.00 price target on Tiffany & Co. and gave the company a “buy” rating in a research report on Wednesday, October 18th. Oppenheimer restated a “buy” rating and issued a $105.00 price target on shares of Tiffany & Co. in a research report on Wednesday, November 29th. Royal Bank of Canada set a $94.00 price target on Tiffany & Co. and gave the company a “hold” rating in a research report on Thursday, November 30th. Finally, Goldman Sachs Group lowered Tiffany & Co. from a “buy” rating to a “neutral” rating and dropped their price target for the company from $106.00 to $94.00 in a research report on Friday, September 22nd. Ten analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $102.00.

Tiffany & Co. (TIF) traded down $0.28 during mid-day trading on Friday, hitting $107.77. The stock had a trading volume of 2,533,542 shares, compared to its average volume of 1,333,118. The company has a quick ratio of 2.09, a current ratio of 5.44 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $13,428.17, a price-to-earnings ratio of 28.97, a PEG ratio of 2.45 and a beta of 1.93. Tiffany & Co. has a 1-year low of $77.15 and a 1-year high of $110.17.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 10th. Investors of record on Wednesday, December 20th were given a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a $2.00 annualized dividend and a yield of 1.86%. Tiffany & Co.’s payout ratio is 53.76%.

In related news, insider Philippe Galtie sold 673 shares of the stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $107.92, for a total value of $72,630.16. Following the completion of the transaction, the insider now directly owns 673 shares in the company, valued at $72,630.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Charles K. Marquis sold 4,717 shares of the stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $107.84, for a total value of $508,681.28. The disclosure for this sale can be found here. Corporate insiders own 1.40% of the company’s stock.

A number of institutional investors have recently modified their holdings of TIF. QS Investors LLC boosted its position in shares of Tiffany & Co. by 8.2% during the second quarter. QS Investors LLC now owns 1,363 shares of the specialty retailer’s stock worth $128,000 after buying an additional 103 shares during the period. Sawyer & Company Inc purchased a new position in shares of Tiffany & Co. during the fourth quarter worth $130,000. ING Groep NV purchased a new position in shares of Tiffany & Co. during the third quarter worth $213,000. Breton Hill Capital Ltd. purchased a new position in shares of Tiffany & Co. during the third quarter worth $226,000. Finally, Caxton Associates LP purchased a new position in shares of Tiffany & Co. during the second quarter worth $235,000. Institutional investors own 81.13% of the company’s stock.

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About Tiffany & Co.

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.

Earnings History and Estimates for Tiffany & Co. (NYSE:TIF)

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