Abercrombie & Fitch Company (NYSE:ANF) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky lessened its holdings in shares of Abercrombie & Fitch Company (NYSE:ANF - Free Report) by 44.2% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,598 shares of the apparel retailer's stock after selling 12,337 shares during the quarter. Teachers Retirement System of The State of Kentucky's holdings in Abercrombie & Fitch were worth $1,192,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in ANF. Vanguard Group Inc. grew its stake in Abercrombie & Fitch by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 5,755,692 shares of the apparel retailer's stock worth $860,303,000 after buying an additional 53,999 shares during the last quarter. Invesco Ltd. lifted its holdings in Abercrombie & Fitch by 150.7% in the fourth quarter. Invesco Ltd. now owns 1,484,643 shares of the apparel retailer's stock valued at $221,910,000 after acquiring an additional 892,492 shares during the period. Wellington Management Group LLP lifted its holdings in Abercrombie & Fitch by 20.8% in the fourth quarter. Wellington Management Group LLP now owns 1,229,875 shares of the apparel retailer's stock valued at $183,829,000 after acquiring an additional 212,155 shares during the period. Marshall Wace LLP lifted its holdings in Abercrombie & Fitch by 12.6% in the fourth quarter. Marshall Wace LLP now owns 1,037,773 shares of the apparel retailer's stock valued at $155,116,000 after acquiring an additional 115,758 shares during the period. Finally, Northern Trust Corp lifted its holdings in Abercrombie & Fitch by 24.7% in the fourth quarter. Northern Trust Corp now owns 745,723 shares of the apparel retailer's stock valued at $111,463,000 after acquiring an additional 147,779 shares during the period.

Wall Street Analysts Forecast Growth

ANF has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. reduced their target price on Abercrombie & Fitch from $147.00 to $141.00 and set an "overweight" rating for the company in a report on Monday, June 16th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $125.00 price target on shares of Abercrombie & Fitch in a research note on Wednesday, May 28th. Barclays set a $84.00 price target on Abercrombie & Fitch and gave the stock an "equal weight" rating in a research note on Thursday, May 29th. Citigroup reaffirmed a "buy" rating on shares of Abercrombie & Fitch in a research note on Wednesday, May 28th. Finally, Morgan Stanley lifted their price target on Abercrombie & Fitch from $78.00 to $82.00 and gave the stock an "equal weight" rating in a research note on Thursday, May 29th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $110.63.

Abercrombie & Fitch Trading Down 1.7%

ANF traded down $1.61 during midday trading on Friday, hitting $92.25. The company's stock had a trading volume of 1,311,641 shares, compared to its average volume of 1,911,503. The firm has a market cap of $4.39 billion, a P/E ratio of 9.08 and a beta of 1.46. The firm has a 50-day moving average price of $83.22 and a two-hundred day moving average price of $89.91. Abercrombie & Fitch Company has a 52-week low of $65.40 and a 52-week high of $172.90.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last posted its quarterly earnings results on Wednesday, May 28th. The apparel retailer reported $1.59 EPS for the quarter, beating the consensus estimate of $1.35 by $0.24. The company 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 firm's revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.14 EPS. On average, equities analysts expect that Abercrombie & Fitch Company will post 10.62 EPS for the current 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.