Diversified Trust Co grew its holdings in Abercrombie & Fitch Company (NYSE:ANF – Free Report) by 54.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,259 shares of the apparel retailer’s stock after acquiring an additional 1,844 shares during the period. Diversified Trust Co’s holdings in Abercrombie & Fitch were worth $436,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also made changes to their positions in ANF. UMB Bank n.a. lifted its position in shares of Abercrombie & Fitch by 161.4% in the first quarter. UMB Bank n.a. now owns 583 shares of the apparel retailer’s stock valued at $45,000 after acquiring an additional 360 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of Abercrombie & Fitch by 55.6% in the first quarter. Versant Capital Management Inc now owns 728 shares of the apparel retailer’s stock worth $56,000 after buying an additional 260 shares in the last quarter. IFP Advisors Inc lifted its position in shares of Abercrombie & Fitch by 166.7% in the first quarter. IFP Advisors Inc now owns 848 shares of the apparel retailer’s stock worth $65,000 after buying an additional 530 shares in the last quarter. Bayforest Capital Ltd lifted its position in shares of Abercrombie & Fitch by 102.9% in the first quarter. Bayforest Capital Ltd now owns 848 shares of the apparel retailer’s stock worth $65,000 after buying an additional 430 shares in the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of Abercrombie & Fitch by 178.6% in the second quarter. Parallel Advisors LLC now owns 822 shares of the apparel retailer’s stock worth $68,000 after buying an additional 527 shares in the last quarter.
Abercrombie & Fitch Price Performance
Shares of ANF stock opened at $87.19 on Wednesday. Abercrombie & Fitch Company has a 1 year low of $65.40 and a 1 year high of $167.71. The stock’s 50 day simple moving average is $94.82 and its two-hundred day simple moving average is $83.70. The company has a market cap of $4.10 billion, a PE ratio of 8.25 and a beta of 1.44.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the company. UBS Group reiterated a “buy” rating on shares of Abercrombie & Fitch in a research report on Wednesday, May 28th. Telsey Advisory Group reiterated an “outperform” rating and issued a $125.00 target price on shares of Abercrombie & Fitch in a research report on Friday, September 12th. Barclays set a $84.00 target price on Abercrombie & Fitch and gave the stock an “equal weight” rating in a research report on Thursday, May 29th. BTIG Research assumed coverage on Abercrombie & Fitch in a research report on Thursday, September 18th. They issued a “buy” rating and a $120.00 target price on the stock. Finally, Raymond James Financial set a $105.00 target price on Abercrombie & Fitch and gave the stock an “outperform” rating in a research report on Thursday, August 28th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $115.78.
View Our Latest Research Report on Abercrombie & Fitch
Insider Activity
In related news, Director James A. Goldman sold 5,072 shares of the stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $96.18, for a total value of $487,824.96. Following the transaction, the director owned 7,565 shares of the company’s stock, valued at $727,601.70. This represents a 40.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kenneth B. Robinson sold 1,392 shares of the stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $94.60, for a total value of $131,683.20. Following the completion of the transaction, the director directly owned 5,880 shares in the company, valued at approximately $556,248. This trade represents a 19.14% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 7,964 shares of company stock valued at $759,233. 2.29% of the stock is currently owned by insiders.
Abercrombie & Fitch Company Profile
Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.
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