Eisler Capital Management Ltd. Acquires Shares of 20,431 Abercrombie & Fitch Co. (NYSE:ANF)

Eisler Capital Management Ltd. acquired a new stake in Abercrombie & Fitch Co. (NYSE:ANF - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 20,431 shares of the apparel retailer's stock, valued at approximately $3,128,000.

Several other large investors have also made changes to their positions in ANF. Private Trust Co. NA grew its stake in shares of Abercrombie & Fitch by 30.9% during the 4th quarter. Private Trust Co. NA now owns 415 shares of the apparel retailer's stock worth $62,000 after acquiring an additional 98 shares in the last quarter. UMB Bank n.a. boosted its position in Abercrombie & Fitch by 92.2% during the fourth quarter. UMB Bank n.a. now owns 223 shares of the apparel retailer's stock worth $33,000 after purchasing an additional 107 shares during the period. Evergreen Capital Management LLC boosted its position in Abercrombie & Fitch by 2.0% during the fourth quarter. Evergreen Capital Management LLC now owns 5,460 shares of the apparel retailer's stock worth $816,000 after purchasing an additional 108 shares during the period. Atria Investments Inc boosted its position in Abercrombie & Fitch by 7.4% during the fourth quarter. Atria Investments Inc now owns 1,679 shares of the apparel retailer's stock worth $251,000 after purchasing an additional 115 shares during the period. Finally, Arizona State Retirement System boosted its position in Abercrombie & Fitch by 0.8% during the fourth quarter. Arizona State Retirement System now owns 14,831 shares of the apparel retailer's stock worth $2,217,000 after purchasing an additional 115 shares during the period.

Abercrombie & Fitch Trading Up 6.9%

Abercrombie & Fitch stock traded up $5.08 during mid-day trading on Monday, hitting $78.24. The company had a trading volume of 3,288,128 shares, compared to its average volume of 2,022,273. Abercrombie & Fitch Co. has a 12 month low of $65.40 and a 12 month high of $196.99. The stock's 50 day moving average price is $74.98 and its two-hundred day moving average price is $113.05. The company has a market capitalization of $3.73 billion, a PE ratio of 7.74 and a beta of 1.47.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The apparel retailer reported $3.57 EPS for the quarter, beating analysts' consensus estimates of $3.48 by $0.09. The company had revenue of $1.58 billion during the quarter, compared to analysts' expectations of $1.57 billion. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. Abercrombie & Fitch's revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.97 earnings per share. Equities research analysts anticipate that Abercrombie & Fitch Co. will post 10.62 EPS for the current year.

Abercrombie & Fitch declared that its Board of Directors has approved a share repurchase plan on Wednesday, March 5th that permits the company to buyback $1.30 billion in shares. This buyback authorization permits the apparel retailer to repurchase up to 29.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on ANF shares. Citigroup dropped their target price on Abercrombie & Fitch from $135.00 to $98.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Telsey Advisory Group dropped their price target on Abercrombie & Fitch from $190.00 to $125.00 and set an "outperform" rating on the stock in a research note on Thursday, March 6th. Morgan Stanley lowered their price target on Abercrombie & Fitch from $114.00 to $78.00 and set an "equal weight" rating for the company in a research report on Tuesday, May 6th. Barclays assumed coverage on Abercrombie & Fitch in a research note on Monday, April 21st. They set an "equal weight" rating and a $71.00 price target for the company. Finally, JPMorgan Chase & Co. lowered their price target on Abercrombie & Fitch from $168.00 to $155.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $119.63.

About Abercrombie & Fitch

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.