Vontobel Holding Ltd. lifted its position in shares of Abercrombie & Fitch Company (NYSE:ANF - Free Report) by 610.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,702 shares of the apparel retailer's stock after purchasing an additional 13,491 shares during the period. Vontobel Holding Ltd.'s holdings in Abercrombie & Fitch were worth $1,199,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently made changes to their positions in ANF. SBI Securities Co. Ltd. bought a new position in shares of Abercrombie & Fitch during the fourth quarter worth approximately $27,000. UMB Bank n.a. boosted its holdings in Abercrombie & Fitch by 161.4% in the 1st quarter. UMB Bank n.a. now owns 583 shares of the apparel retailer's stock valued at $45,000 after purchasing an additional 360 shares during the period. Versant Capital Management Inc increased its stake in Abercrombie & Fitch by 55.6% during the 1st quarter. Versant Capital Management Inc now owns 728 shares of the apparel retailer's stock worth $56,000 after acquiring an additional 260 shares during the period. GeoWealth Management LLC acquired a new position in Abercrombie & Fitch in the 4th quarter valued at $70,000. Finally, Compagnie Lombard Odier SCmA bought a new stake in shares of Abercrombie & Fitch during the 1st quarter valued at $76,000.
Abercrombie & Fitch Stock Down 3.4%
Abercrombie & Fitch stock traded down $3.08 during trading hours on Monday, hitting $88.52. The stock had a trading volume of 1,572,954 shares, compared to its average volume of 2,570,187. The stock has a market cap of $4.22 billion, a price-to-earnings ratio of 8.71 and a beta of 1.46. Abercrombie & Fitch Company has a one year low of $65.40 and a one year high of $183.70. The business's 50 day simple moving average is $77.87 and its 200-day simple moving average is $95.52.
Abercrombie & Fitch (NYSE:ANF - Get Free Report) last issued 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 company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period last year, the company earned $2.14 earnings per share. The firm's revenue was up 7.5% compared to the same quarter last year. Research analysts anticipate that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
ANF has been the topic of several analyst reports. Raymond James Financial reduced their target price on Abercrombie & Fitch from $110.00 to $90.00 and set an "outperform" rating on the stock in a report on Tuesday, May 27th. Citigroup reissued a "buy" rating on shares of Abercrombie & Fitch in a report on Wednesday, May 28th. Morgan Stanley increased their target price on Abercrombie & Fitch from $78.00 to $82.00 and gave the stock an "equal weight" rating in a report on Thursday, May 29th. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $125.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday, May 28th. Finally, Jefferies Financial Group reduced their price objective on Abercrombie & Fitch from $170.00 to $135.00 and set a "buy" rating on the stock in a research note on Wednesday, May 21st. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $110.63.
Check Out Our Latest Analysis on Abercrombie & Fitch
About Abercrombie & Fitch
(
Free Report)
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.
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