New York State Teachers Retirement System Decreases Stock Position in Abercrombie & Fitch Company (NYSE:ANF)

New York State Teachers Retirement System trimmed its position in Abercrombie & Fitch Company (NYSE:ANF - Free Report) by 9.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 61,338 shares of the apparel retailer's stock after selling 6,100 shares during the period. New York State Teachers Retirement System owned about 0.13% of Abercrombie & Fitch worth $4,684,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cambridge Investment Research Advisors Inc. lifted its position in shares of Abercrombie & Fitch by 197.2% during 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. Wealth Enhancement Advisory Services LLC lifted its position in shares of Abercrombie & Fitch by 11.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,013 shares of the apparel retailer's stock valued at $536,000 after buying an additional 698 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Abercrombie & Fitch by 81.5% during the 1st quarter. GAMMA Investing LLC now owns 1,917 shares of the apparel retailer's stock valued at $146,000 after buying an additional 861 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Abercrombie & Fitch by 14.9% during the 4th quarter. HighTower Advisors LLC now owns 4,157 shares of the apparel retailer's stock valued at $621,000 after buying an additional 540 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its position in shares of Abercrombie & Fitch by 152.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 703 shares of the apparel retailer's stock valued at $105,000 after buying an additional 424 shares in the last quarter.

Abercrombie & Fitch Stock Performance

NYSE:ANF traded down $1.71 during trading hours on Tuesday, reaching $87.07. The stock had a trading volume of 2,444,034 shares, compared to its average volume of 2,202,448. Abercrombie & Fitch Company has a 52 week low of $65.40 and a 52 week high of $183.70. The company has a 50 day moving average price of $78.23 and a two-hundred day moving average price of $95.06. The stock has a market capitalization of $4.15 billion, a PE ratio of 8.57 and a beta of 1.46.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released its quarterly earnings data on Wednesday, May 28th. The apparel retailer reported $1.59 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the previous year, the company posted $2.14 EPS. The company's revenue was up 7.5% compared to the same quarter last year. Equities research analysts predict that Abercrombie & Fitch Company will post 10.62 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on ANF shares. Jefferies Financial Group lowered their price objective on Abercrombie & Fitch from $170.00 to $135.00 and set a "buy" rating on the stock in a research report on Wednesday, May 21st. JPMorgan Chase & Co. lowered their price objective on Abercrombie & Fitch from $147.00 to $141.00 and set an "overweight" rating on the stock in a research report on Monday, June 16th. UBS Group reaffirmed a "buy" rating on shares of Abercrombie & Fitch in a research report on Wednesday, May 28th. Citigroup reissued a "buy" rating on shares of Abercrombie & Fitch in a research note on Wednesday, May 28th. Finally, Raymond James Financial decreased their target price on Abercrombie & Fitch from $110.00 to $90.00 and set an "outperform" rating on the stock in a research note on Tuesday, May 27th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $110.63.

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.