20,067 Shares in Abercrombie & Fitch Company (NYSE:ANF) Acquired by Dupree Financial Group LLC

Dupree Financial Group LLC purchased a new position in Abercrombie & Fitch Company (NYSE:ANF - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,067 shares of the apparel retailer's stock, valued at approximately $1,533,000.

Several other institutional investors have also added to or reduced their stakes in the business. Invesco Ltd. lifted its holdings in shares of Abercrombie & Fitch by 150.7% during the fourth quarter. Invesco Ltd. now owns 1,484,643 shares of the apparel retailer's stock worth $221,910,000 after purchasing an additional 892,492 shares during the period. Assenagon Asset Management S.A. acquired a new stake in shares of Abercrombie & Fitch during the first quarter worth about $56,569,000. Norges Bank acquired a new stake in shares of Abercrombie & Fitch during the fourth quarter worth about $88,478,000. Wellington Management Group LLP lifted its holdings in shares of Abercrombie & Fitch by 20.8% during the fourth quarter. Wellington Management Group LLP now owns 1,229,875 shares of the apparel retailer's stock worth $183,829,000 after purchasing an additional 212,155 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Abercrombie & Fitch during the fourth quarter worth about $31,371,000.

Abercrombie & Fitch Stock Down 3.1%

Shares of Abercrombie & Fitch stock traded down $2.86 on Monday, reaching $88.74. The company's stock had a trading volume of 2,573,724 shares, compared to its average volume of 2,201,474. The company has a market capitalization of $4.23 billion, a P/E ratio of 8.73 and a beta of 1.46. Abercrombie & Fitch Company has a 52-week low of $65.40 and a 52-week high of $183.70. The stock has a 50-day moving average price of $77.87 and a 200-day moving average price of $95.52.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.08 billion. Abercrombie & Fitch had a return on equity of 42.32% and a net margin of 10.60%. The business's revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.14 earnings per share. Sell-side analysts forecast that Abercrombie & Fitch Company will post 10.62 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on ANF. Citigroup reaffirmed a "buy" rating on shares of Abercrombie & Fitch in a report on Wednesday, May 28th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $125.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, May 28th. Barclays set a $84.00 price target on Abercrombie & Fitch and gave the company an "equal weight" rating in a report on Thursday, May 29th. JPMorgan Chase & Co. decreased their price target on Abercrombie & Fitch from $147.00 to $141.00 and set an "overweight" rating for the company in a report on Monday, June 16th. Finally, Morgan Stanley boosted their price target on Abercrombie & Fitch from $78.00 to $82.00 and gave the company an "equal weight" rating in a report on Thursday, May 29th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $110.63.

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.