New York State Teachers Retirement System lowered its stake in shares of Abercrombie & Fitch Co. (NYSE:ANF) by 0.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,469 shares of the apparel retailer’s stock after selling 500 shares during the quarter. New York State Teachers Retirement System’s holdings in Abercrombie & Fitch were worth $3,318,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of ANF. Quantamental Technologies LLC purchased a new stake in Abercrombie & Fitch in the fourth quarter valued at about $72,000. Kessler Investment Group LLC purchased a new stake in Abercrombie & Fitch in the third quarter valued at about $191,000. Summit Securities Group LLC purchased a new stake in Abercrombie & Fitch in the fourth quarter valued at about $241,000. USA Financial Portformulas Corp purchased a new stake in Abercrombie & Fitch in the third quarter valued at about $278,000. Finally, Hartford Investment Management Co. purchased a new stake in Abercrombie & Fitch in the third quarter valued at about $285,000.

Shares of ANF opened at $21.87 on Monday. The company has a current ratio of 2.19, a quick ratio of 1.22 and a debt-to-equity ratio of 0.26. Abercrombie & Fitch Co. has a 12 month low of $15.28 and a 12 month high of $29.69. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 33.65, a price-to-earnings-growth ratio of 1.44 and a beta of 0.62.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Thursday, November 29th. The apparel retailer reported $0.33 EPS for the quarter, beating the consensus estimate of $0.20 by $0.13. Abercrombie & Fitch had a return on equity of 7.23% and a net margin of 1.43%. The company had revenue of $861.00 million for the quarter, compared to analyst estimates of $856.34 million. During the same period last year, the company earned $0.30 earnings per share. Abercrombie & Fitch’s quarterly revenue was up .2% compared to the same quarter last year. Research analysts anticipate that Abercrombie & Fitch Co. will post 0.95 earnings per share for the current year.

Several brokerages have recently issued reports on ANF. Deutsche Bank upgraded Abercrombie & Fitch to a “sell” rating and set a $15.00 price objective for the company in a research note on Monday, November 26th. Nomura set a $17.00 target price on Abercrombie & Fitch and gave the stock a “hold” rating in a report on Monday, November 26th. ValuEngine raised Abercrombie & Fitch from a “sell” rating to a “hold” rating in a report on Thursday, December 20th. Royal Bank of Canada raised their target price on Abercrombie & Fitch from $23.00 to $24.00 and gave the stock a “sector perform” rating in a report on Friday, November 30th. Finally, TheStreet raised Abercrombie & Fitch from a “c+” rating to a “b-” rating in a report on Friday, January 25th. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $21.23.

In other Abercrombie & Fitch news, Director Kerrii B. Anderson acquired 2,000 shares of the company’s stock in a transaction on Tuesday, December 4th. The shares were bought at an average cost of $19.72 per share, with a total value of $39,440.00. Following the completion of the acquisition, the director now owns 6,686 shares in the company, valued at $131,847.92. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.95% of the stock is currently owned by company insiders.

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Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co, through its subsidiaries, operates as a specialty retailer. The Company operates in two segments, Hollister and Abercrombie. It offers apparel, intimates, personal care products, and accessories for men, women, and kids under the Hollister, Abercrombie & Fitch, abercrombie kids, and Gilly Hicks brand names.

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

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