American Century Companies Inc. Grows Stock Holdings in Abercrombie & Fitch Company $ANF

American Century Companies Inc. boosted its stake in Abercrombie & Fitch Company (NYSE:ANF) by 41.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,176,990 shares of the apparel retailer’s stock after acquiring an additional 343,288 shares during the period. American Century Companies Inc. owned 2.50% of Abercrombie & Fitch worth $100,691,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Abercrombie & Fitch by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer’s stock valued at $2,254,000 after purchasing an additional 892 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Abercrombie & Fitch by 521.1% during the first quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock worth $76,000 after purchasing an additional 839 shares during the period. United Services Automobile Association acquired a new stake in shares of Abercrombie & Fitch during the first quarter worth $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Abercrombie & Fitch by 8.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 127,389 shares of the apparel retailer’s stock valued at $9,729,000 after buying an additional 10,459 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in Abercrombie & Fitch in the 2nd quarter valued at $348,000.

Insider Buying and Selling

In other Abercrombie & Fitch news, CEO Fran Horowitz sold 29,769 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $100.00, for a total value of $2,976,900.00. Following the sale, the chief executive officer owned 308,503 shares of the company’s stock, valued at approximately $30,850,300. This represents a 8.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 350,000 shares of company stock worth $34,661,358 in the last quarter. 2.29% of the stock is currently owned by insiders.

Abercrombie & Fitch Price Performance

Shares of NYSE:ANF opened at $97.88 on Tuesday. The firm has a market capitalization of $4.49 billion, a price-to-earnings ratio of 9.38 and a beta of 1.19. The business’s 50 day simple moving average is $105.81 and its 200-day simple moving average is $93.34. Abercrombie & Fitch Company has a 12 month low of $65.40 and a 12 month high of $133.11.

Analysts Set New Price Targets

Several research firms have recently commented on ANF. Wall Street Zen upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating in a research note on Saturday. Zacks Research raised shares of Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 25th. Jefferies Financial Group restated a “buy” rating and issued a $145.00 price objective on shares of Abercrombie & Fitch in a research report on Monday, January 5th. Telsey Advisory Group reissued an “outperform” rating and issued a $125.00 price target on shares of Abercrombie & Fitch in a report on Thursday, February 26th. Finally, JPMorgan Chase & Co. decreased their price target on Abercrombie & Fitch from $128.00 to $102.00 and set a “neutral” rating on the stock in a research note on Monday, February 23rd. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $120.90.

Abercrombie & Fitch Company 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.