Abercrombie & Fitch Company $ANF Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lowered its position in Abercrombie & Fitch Company (NYSE:ANF) by 32.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,679 shares of the apparel retailer’s stock after selling 7,700 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Abercrombie & Fitch were worth $1,341,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Federation des caisses Desjardins du Quebec increased its position in shares of Abercrombie & Fitch by 4.1% during the first quarter. Federation des caisses Desjardins du Quebec now owns 30,391 shares of the apparel retailer’s stock worth $2,321,000 after acquiring an additional 1,201 shares during the last quarter. Bridgeway Capital Management LLC grew its stake in Abercrombie & Fitch by 0.9% during the 1st quarter. Bridgeway Capital Management LLC now owns 51,329 shares of the apparel retailer’s stock valued at $3,920,000 after purchasing an additional 472 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Abercrombie & Fitch by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer’s stock worth $2,254,000 after purchasing an additional 892 shares during the last quarter. New Vernon Capital Holdings II LLC raised its position in shares of Abercrombie & Fitch by 7,537.0% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 150,907 shares of the apparel retailer’s stock valued at $11,525,000 after purchasing an additional 148,931 shares in the last quarter. Finally, Mork Capital Management LLC purchased a new position in shares of Abercrombie & Fitch during the 1st quarter valued at approximately $2,291,000.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Citigroup lifted their price target on shares of Abercrombie & Fitch from $79.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. Barclays raised their price objective on shares of Abercrombie & Fitch from $84.00 to $94.00 and gave the stock an “equal weight” rating in a report on Friday, November 28th. Jefferies Financial Group upped their target price on shares of Abercrombie & Fitch from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Morgan Stanley lifted their price target on Abercrombie & Fitch from $78.00 to $95.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 26th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Abercrombie & Fitch in a report on Thursday, October 30th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Abercrombie & Fitch presently has an average rating of “Moderate Buy” and a consensus target price of $110.10.

Abercrombie & Fitch Stock Down 1.8%

Shares of NYSE:ANF opened at $123.63 on Friday. The company has a market cap of $5.67 billion, a PE ratio of 11.85 and a beta of 1.17. Abercrombie & Fitch Company has a fifty-two week low of $65.40 and a fifty-two week high of $164.80. The firm has a 50-day simple moving average of $94.65 and a 200 day simple moving average of $90.35.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results on Wednesday, November 26th. The apparel retailer reported $2.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.14 by $0.22. The firm had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Abercrombie & Fitch had a net margin of 10.07% and a return on equity of 38.01%. Abercrombie & Fitch’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the company posted $2.50 earnings per share. As a group, research analysts forecast that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.

Abercrombie & Fitch Profile

Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.

The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.