Vontobel Holding Ltd. Has $1.20 Million Position in Abercrombie & Fitch Company (NYSE:ANF)

Vontobel Holding Ltd. boosted its position in shares of Abercrombie & Fitch Company (NYSE:ANF - Free Report) by 610.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,702 shares of the apparel retailer's stock after buying an additional 13,491 shares during the period. Vontobel Holding Ltd.'s holdings in Abercrombie & Fitch were worth $1,199,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its holdings in shares of Abercrombie & Fitch by 233.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 89,494 shares of the apparel retailer's stock worth $7,049,000 after acquiring an additional 62,639 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Abercrombie & Fitch in the first quarter worth about $144,000. Illinois Municipal Retirement Fund lifted its holdings in shares of Abercrombie & Fitch by 50.5% in the first quarter. Illinois Municipal Retirement Fund now owns 15,145 shares of the apparel retailer's stock worth $1,157,000 after acquiring an additional 5,081 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Abercrombie & Fitch by 197.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 14,647 shares of the apparel retailer's stock worth $1,119,000 after acquiring an additional 9,719 shares during the last quarter. Finally, Deltec Asset Management LLC bought a new position in shares of Abercrombie & Fitch in the first quarter worth about $2,345,000.

Abercrombie & Fitch Stock Up 2.1%

Abercrombie & Fitch stock traded up $1.88 during mid-day trading on Friday, hitting $91.73. 1,849,836 shares of the stock were exchanged, compared to its average volume of 2,199,979. Abercrombie & Fitch Company has a 12 month low of $65.40 and a 12 month high of $183.70. The firm's fifty day simple moving average is $77.87 and its two-hundred day simple moving average is $95.52. The stock has a market capitalization 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 data on Wednesday, May 28th. The apparel retailer reported $1.59 EPS for the quarter, topping the consensus estimate 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 net margin of 10.60% and a return on equity of 42.32%. The company's quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.14 EPS. As a group, 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 have recently commented on ANF. Raymond James Financial dropped their target price on shares of Abercrombie & Fitch from $110.00 to $90.00 and set an "outperform" rating for the company in a report on Tuesday, May 27th. Telsey Advisory Group reiterated an "outperform" rating and issued a $125.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, May 28th. Barclays set a $84.00 price objective on shares of Abercrombie & Fitch and gave the company an "equal weight" rating in a report on Thursday, May 29th. JPMorgan Chase & Co. dropped their price objective on shares of Abercrombie & Fitch from $147.00 to $141.00 and set an "overweight" rating for the company in a report on Monday, June 16th. Finally, Jefferies Financial Group dropped their price objective on shares of Abercrombie & Fitch from $170.00 to $135.00 and set a "buy" rating for the company in a report on Wednesday, May 21st. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $110.63.

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.