Asset Management One Co. Ltd. Has $33,000 Stock Holdings in Abercrombie & Fitch Company (NYSE:ANF)

Asset Management One Co. Ltd. decreased its position in Abercrombie & Fitch Company (NYSE:ANF - Free Report) by 95.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 430 shares of the apparel retailer's stock after selling 8,617 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Abercrombie & Fitch were worth $33,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Cambridge Investment Research Advisors Inc. grew its stake in shares of Abercrombie & Fitch by 197.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,647 shares of the apparel retailer's stock valued at $1,119,000 after buying an additional 9,719 shares in the last quarter. Deltec Asset Management LLC bought a new stake in Abercrombie & Fitch during the first quarter worth approximately $2,345,000. North Growth Management Ltd. boosted its position in Abercrombie & Fitch by 32.5% during the first quarter. North Growth Management Ltd. now owns 106,000 shares of the apparel retailer's stock worth $8,075,000 after purchasing an additional 26,000 shares during the period. Retirement Systems of Alabama boosted its position in Abercrombie & Fitch by 4.8% during the first quarter. Retirement Systems of Alabama now owns 151,057 shares of the apparel retailer's stock worth $11,536,000 after purchasing an additional 6,982 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Abercrombie & Fitch by 11.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,013 shares of the apparel retailer's stock worth $536,000 after purchasing an additional 698 shares during the period.

Wall Street Analyst Weigh In

ANF has been the subject of a number of recent analyst reports. Telsey Advisory Group reaffirmed an "outperform" rating and set a $125.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday, May 28th. Raymond James Financial decreased their target price on Abercrombie & Fitch from $110.00 to $90.00 and set an "outperform" rating for the company in a research report on Tuesday, May 27th. Barclays set a $84.00 price target on Abercrombie & Fitch and gave the stock an "equal weight" rating in a report on Thursday, May 29th. Jefferies Financial Group cut their price target on Abercrombie & Fitch from $170.00 to $135.00 and set a "buy" rating for the company in a report on Wednesday, May 21st. Finally, Citigroup reiterated a "buy" rating on shares of Abercrombie & Fitch in a report on Wednesday, May 28th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Abercrombie & Fitch presently has a consensus rating of "Moderate Buy" and an average target price of $110.63.

Abercrombie & Fitch Price Performance

Shares of NYSE ANF traded up $1.88 during trading hours on Friday, reaching $91.73. The stock had a trading volume of 1,849,836 shares, compared to its average volume of 2,196,196. The business's fifty day moving average is $77.87 and its two-hundred day moving average is $96.26. Abercrombie & Fitch Company has a twelve month low of $65.40 and a twelve month high of $183.70. The company has a market cap of $4.37 billion, a price-to-earnings ratio of 9.03 and a beta of 1.46.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last announced its quarterly earnings results on Wednesday, May 28th. The apparel retailer reported $1.59 earnings per share for the quarter, beating analysts' consensus estimates of $1.35 by $0.24. Abercrombie & Fitch had a return on equity of 42.32% and a net margin of 10.60%. The firm had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.08 billion. During the same period in the prior year, the business posted $2.14 earnings per share. The business's revenue was up 7.5% compared to the same quarter last year. Sell-side analysts forecast that Abercrombie & Fitch Company will post 10.62 earnings per share 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.