Bridgefront Capital LLC Has $203,000 Stock Position in Abercrombie & Fitch Co. (NYSE:ANF)

Bridgefront Capital LLC grew its stake in Abercrombie & Fitch Co. (NYSE:ANF – Get Rating) by 10.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,084 shares of the apparel retailer’s stock after purchasing an additional 1,218 shares during the quarter. Bridgefront Capital LLC’s holdings in Abercrombie & Fitch were worth $203,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in ANF. MetLife Investment Management LLC lifted its stake in shares of Abercrombie & Fitch by 42.3% in the 1st quarter. MetLife Investment Management LLC now owns 29,951 shares of the apparel retailer’s stock valued at $958,000 after purchasing an additional 8,902 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Abercrombie & Fitch by 9.1% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 48,703 shares of the apparel retailer’s stock worth $1,558,000 after buying an additional 4,049 shares during the period. LSV Asset Management raised its stake in Abercrombie & Fitch by 41.7% during the 1st quarter. LSV Asset Management now owns 318,200 shares of the apparel retailer’s stock worth $10,179,000 after buying an additional 93,600 shares during the period. Allianz Asset Management GmbH raised its stake in Abercrombie & Fitch by 23.5% during the 1st quarter. Allianz Asset Management GmbH now owns 252,944 shares of the apparel retailer’s stock worth $8,092,000 after buying an additional 48,078 shares during the period. Finally, Divisar Capital Management LLC raised its stake in Abercrombie & Fitch by 43.2% during the 1st quarter. Divisar Capital Management LLC now owns 868,421 shares of the apparel retailer’s stock worth $27,781,000 after buying an additional 261,824 shares during the period.

Abercrombie & Fitch Price Performance

Shares of NYSE ANF opened at $26.61 on Friday. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 443.57 and a beta of 1.43. The business has a 50-day moving average of $28.55 and a 200-day moving average of $22.24. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.36 and a quick ratio of 0.80. Abercrombie & Fitch Co. has a fifty-two week low of $14.02 and a fifty-two week high of $38.49.

Abercrombie & Fitch (NYSE:ANF – Get Rating) last posted its quarterly earnings results on Wednesday, March 1st. The apparel retailer reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.05). Abercrombie & Fitch had a return on equity of 1.90% and a net margin of 0.08%. The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the business posted $1.14 EPS. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. As a group, sell-side analysts predict that Abercrombie & Fitch Co. will post 1.41 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on ANF shares. UBS Group raised their price objective on Abercrombie & Fitch from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Thursday, March 2nd. Telsey Advisory Group reaffirmed an “outperform” rating and set a $33.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday, March 1st. StockNews.com assumed coverage on Abercrombie & Fitch in a research note on Thursday. They set a “hold” rating on the stock. Morgan Stanley lifted their price target on Abercrombie & Fitch from $16.00 to $17.00 and gave the company an “underweight” rating in a research note on Thursday, March 2nd. Finally, Argus lifted their price target on Abercrombie & Fitch from $18.00 to $27.00 in a research note on Wednesday, December 7th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Abercrombie & Fitch currently has a consensus rating of “Hold” and an average target price of $28.14.

Insider Buying and Selling

In related news, insider Kristin A. Scott sold 52,431 shares of Abercrombie & Fitch stock in a transaction dated Thursday, January 26th. The stock was sold at an average price of $27.87, for a total transaction of $1,461,251.97. Following the completion of the transaction, the insider now owns 101,248 shares in the company, valued at $2,821,781.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.62% of the stock is currently owned by corporate insiders.

Abercrombie & Fitch Profile

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Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. It offers apparel products, including knit tops, woven shirts, graphic t-shirts, fleece, sweaters, jeans, woven pants, shorts, outerwear, dresses, intimates and swimwear, and personal care products and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks brands.