Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in shares of Abercrombie & Fitch Co. (NYSE:ANF) by 25.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 334,777 shares of the apparel retailer’s stock after buying an additional 68,700 shares during the quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp owned 0.51% of Abercrombie & Fitch worth $6,712,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in ANF. Oregon Public Employees Retirement Fund bought a new position in Abercrombie & Fitch during the fourth quarter valued at about $25,000. Quantamental Technologies LLC bought a new position in Abercrombie & Fitch during the fourth quarter valued at about $72,000. PNC Financial Services Group Inc. boosted its stake in Abercrombie & Fitch by 8.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 10,197 shares of the apparel retailer’s stock valued at $204,000 after buying an additional 763 shares in the last quarter. SG Americas Securities LLC boosted its stake in Abercrombie & Fitch by 44.3% during the fourth quarter. SG Americas Securities LLC now owns 11,385 shares of the apparel retailer’s stock valued at $228,000 after buying an additional 3,496 shares in the last quarter. Finally, LMR Partners LLP bought a new position in Abercrombie & Fitch during the fourth quarter valued at about $230,000.

ANF has been the subject of several research reports. Deutsche Bank raised Abercrombie & Fitch to a “sell” rating and set a $15.00 target price for the company in a research note on Monday, November 26th. Nomura set a $17.00 target price on Abercrombie & Fitch and gave the company a “hold” rating in a research note on Monday, November 26th. ValuEngine raised Abercrombie & Fitch from a “sell” rating to a “hold” rating in a research note on Friday, November 30th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $23.00 target price (up previously from $20.00) on shares of Abercrombie & Fitch in a research note on Friday, November 30th. Finally, Royal Bank of Canada raised their target price on Abercrombie & Fitch from $23.00 to $24.00 and gave the company a “sector perform” rating in a research note on Friday, November 30th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $23.36.

Shares of NYSE ANF opened at $25.49 on Thursday. Abercrombie & Fitch Co. has a 12 month low of $15.28 and a 12 month high of $29.69. The firm has a market cap of $1.71 billion, a PE ratio of 22.17, a P/E/G ratio of 1.23 and a beta of 0.56. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.39 and a quick ratio of 1.61.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, March 6th. The apparel retailer reported $1.35 EPS for the quarter, beating the consensus estimate of $1.15 by $0.20. Abercrombie & Fitch had a return on equity of 6.93% and a net margin of 2.12%. The business had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the prior year, the business posted $1.38 earnings per share. Abercrombie & Fitch’s revenue was down 3.1% compared to the same quarter last year. On average, research analysts anticipate that Abercrombie & Fitch Co. will post 1.39 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, March 18th. Stockholders of record on Friday, March 8th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.14%. The ex-dividend date of this dividend was Thursday, March 7th. Abercrombie & Fitch’s dividend payout ratio is 69.57%.

In related news, Director Nigel Travis bought 2,917 shares of Abercrombie & Fitch stock in a transaction dated Friday, March 8th. The stock was acquired at an average cost of $25.70 per share, with a total value of $74,966.90. Following the completion of the acquisition, the director now directly owns 2,917 shares in the company, valued at approximately $74,966.90. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.95% of the company’s stock.

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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.

Read More: What is the Ex-Dividend Date in Investing?

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

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