Diversified Trust Co Trims Stock Holdings in Abercrombie & Fitch Company (NYSE:ANF)

Diversified Trust Co decreased its holdings in shares of Abercrombie & Fitch Company (NYSE:ANF - Free Report) by 58.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,415 shares of the apparel retailer's stock after selling 4,768 shares during the quarter. Diversified Trust Co's holdings in Abercrombie & Fitch were worth $261,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of ANF. Private Trust Co. NA lifted its position in Abercrombie & Fitch by 30.9% in the 4th quarter. Private Trust Co. NA now owns 415 shares of the apparel retailer's stock worth $62,000 after buying an additional 98 shares during the last quarter. US Bancorp DE lifted its position in Abercrombie & Fitch by 22.8% in the 4th quarter. US Bancorp DE now owns 1,812 shares of the apparel retailer's stock worth $271,000 after buying an additional 336 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in Abercrombie & Fitch in the 4th quarter worth approximately $27,000. Steward Partners Investment Advisory LLC lifted its position in Abercrombie & Fitch by 152.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 703 shares of the apparel retailer's stock worth $105,000 after buying an additional 424 shares during the last quarter. Finally, Atria Investments Inc lifted its position in Abercrombie & Fitch by 7.4% in the 4th quarter. Atria Investments Inc now owns 1,679 shares of the apparel retailer's stock worth $251,000 after buying an additional 115 shares during the last quarter.

Analyst Ratings Changes

ANF has been the subject of several recent research reports. UBS Group reiterated a "buy" rating on shares of Abercrombie & Fitch in a research report on Wednesday, May 28th. Barclays set a $84.00 price objective on Abercrombie & Fitch and gave the company an "equal weight" rating in a research report on Thursday, May 29th. Citigroup reiterated a "buy" rating on shares of Abercrombie & Fitch in a research report on Wednesday, May 28th. Wall Street Zen downgraded Abercrombie & Fitch from a "buy" rating to a "hold" rating in a research report on Sunday, March 9th. Finally, Telsey Advisory Group reiterated an "outperform" rating and issued a $125.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday, May 28th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Abercrombie & Fitch currently has a consensus rating of "Moderate Buy" and an average target price of $110.63.

Abercrombie & Fitch Stock Performance

Shares of Abercrombie & Fitch stock traded up $1.88 during midday trading on Friday, reaching $91.73. 1,849,836 shares of the company's stock traded hands, compared to its average volume of 2,199,979. The company has a market cap of $4.37 billion, a PE ratio of 9.03 and a beta of 1.46. The stock has a 50 day moving average of $77.87 and a 200-day moving average of $95.93. Abercrombie & Fitch Company has a 12 month low of $65.40 and a 12 month high of $183.70.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last announced its earnings results on Wednesday, May 28th. The apparel retailer reported $1.59 EPS for the quarter, beating analysts' consensus estimates of $1.35 by $0.24. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate 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 quarter in the prior year, the company earned $2.14 earnings per share. On average, equities analysts anticipate that Abercrombie & Fitch Company will post 10.62 earnings per share for the current fiscal year.

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.