Teacher Retirement System of Texas Has $1.04 Million Stock Position in Abercrombie & Fitch Company (NYSE:ANF)

Teacher Retirement System of Texas cut its holdings in shares of Abercrombie & Fitch Company (NYSE:ANF - Free Report) by 49.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,658 shares of the apparel retailer's stock after selling 13,482 shares during the period. Teacher Retirement System of Texas' holdings in Abercrombie & Fitch were worth $1,043,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in ANF. Virtue Capital Management LLC boosted its holdings in Abercrombie & Fitch by 1.3% in the fourth quarter. Virtue Capital Management LLC now owns 8,221 shares of the apparel retailer's stock valued at $1,229,000 after purchasing an additional 102 shares in the last quarter. Evergreen Capital Management LLC lifted its holdings in Abercrombie & Fitch by 2.0% in the fourth quarter. Evergreen Capital Management LLC now owns 5,460 shares of the apparel retailer's stock valued at $816,000 after acquiring an additional 108 shares during the period. Atria Investments Inc lifted its holdings in Abercrombie & Fitch by 7.4% in the fourth quarter. Atria Investments Inc now owns 1,679 shares of the apparel retailer's stock valued at $251,000 after acquiring an additional 115 shares during the period. Axxcess Wealth Management LLC raised its stake in shares of Abercrombie & Fitch by 5.6% during the 4th quarter. Axxcess Wealth Management LLC now owns 2,525 shares of the apparel retailer's stock worth $377,000 after buying an additional 133 shares during the last quarter. Finally, Covestor Ltd boosted its position in shares of Abercrombie & Fitch by 19.8% in the 4th quarter. Covestor Ltd now owns 1,194 shares of the apparel retailer's stock worth $179,000 after buying an additional 197 shares in the last quarter.

Analysts Set New Price Targets

A number of research firms have issued reports on ANF. Telsey Advisory Group restated an "outperform" rating and issued a $125.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, May 28th. Raymond James Financial dropped their target price on shares of Abercrombie & Fitch from $110.00 to $90.00 and set an "outperform" rating for the company in a research report on Tuesday, May 27th. Morgan Stanley increased their price objective on shares of Abercrombie & Fitch from $78.00 to $82.00 and gave the company an "equal weight" rating in a research report on Thursday, May 29th. Barclays set a $84.00 target price on Abercrombie & Fitch and gave the company an "equal weight" rating in a research note on Thursday, May 29th. Finally, Jefferies Financial Group reduced their target price on Abercrombie & Fitch from $170.00 to $135.00 and set a "buy" rating for the company in a research note on Wednesday, May 21st. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $110.63.

Abercrombie & Fitch Stock Up 4.2%

NYSE ANF traded up $3.78 during trading hours on Thursday, hitting $93.40. The company had a trading volume of 1,898,542 shares, compared to its average volume of 2,210,440. Abercrombie & Fitch Company has a fifty-two week low of $65.40 and a fifty-two week high of $172.90. The business has a fifty day simple moving average of $81.34 and a 200-day simple moving average of $92.34. The firm has a market cap of $4.45 billion, a P/E ratio of 9.19 and a beta of 1.46.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last issued its earnings results on Wednesday, May 28th. The apparel retailer reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.24. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.08 billion. Abercrombie & Fitch had a return on equity of 42.32% and a net margin of 10.60%. The firm's revenue for the quarter was up 7.5% on a year-over-year basis. During the same period last year, the company earned $2.14 earnings per share. Equities analysts forecast that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.

Abercrombie & Fitch 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.