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XTX Topco Ltd Has $2.07 Million Holdings in Abercrombie & Fitch Company (NYSE:ANF)

Abercrombie & Fitch logo with Retail/Wholesale background

Key Points

  • XTX Topco Ltd increased its stake in Abercrombie & Fitch by 1,664.7%, acquiring an additional 25,620 shares, bringing its total ownership to approximately 27,159 shares valued at $2.07 million.
  • Institutional investors like Invesco Ltd and Wellington Management Group LLP have also significantly raised their stakes in Abercrombie & Fitch, indicating growing confidence in the company.
  • Equities research analysts have marked Abercrombie & Fitch with a consensus rating of "Moderate Buy" and a target price of $111.88, reflecting optimism about its future growth.
  • Five stocks we like better than Abercrombie & Fitch.

XTX Topco Ltd raised its position in shares of Abercrombie & Fitch Company (NYSE:ANF - Free Report) by 1,664.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 27,159 shares of the apparel retailer's stock after purchasing an additional 25,620 shares during the quarter. XTX Topco Ltd owned 0.06% of Abercrombie & Fitch worth $2,074,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Virtue Capital Management LLC grew its position in Abercrombie & Fitch by 1.3% in the fourth quarter. Virtue Capital Management LLC now owns 8,221 shares of the apparel retailer's stock worth $1,229,000 after acquiring an additional 102 shares during the period. Evergreen Capital Management LLC grew its holdings in shares of Abercrombie & Fitch by 2.0% during the fourth quarter. Evergreen Capital Management LLC now owns 5,460 shares of the apparel retailer's stock worth $816,000 after buying an additional 108 shares during the last quarter. Covestor Ltd lifted its position in shares of Abercrombie & Fitch by 19.8% during the 4th quarter. Covestor Ltd now owns 1,194 shares of the apparel retailer's stock valued at $179,000 after acquiring an additional 197 shares during the period. Alpha DNA Investment Management LLC raised its position in shares of Abercrombie & Fitch by 7.0% during the 4th quarter. Alpha DNA Investment Management LLC now owns 3,857 shares of the apparel retailer's stock worth $577,000 after purchasing an additional 253 shares during the last quarter. Finally, Versant Capital Management Inc grew its stake in Abercrombie & Fitch by 55.6% in 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.

Analysts Set New Price Targets

ANF has been the topic of a number of recent analyst reports. 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. Morgan Stanley increased their price objective on shares of Abercrombie & Fitch from $78.00 to $82.00 and gave the company an "equal weight" rating in a report on Thursday, May 29th. UBS Group reaffirmed a "buy" rating on shares of Abercrombie & Fitch in a research note on Wednesday, May 28th. Jefferies Financial Group cut their target price on shares of Abercrombie & Fitch from $170.00 to $135.00 and set a "buy" rating for the company in a research report on Wednesday, May 21st. Finally, Citigroup reiterated a "buy" rating on shares of Abercrombie & Fitch in a research note on Wednesday, May 28th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, Abercrombie & Fitch has a consensus rating of "Moderate Buy" and a consensus target price of $111.88.

Read Our Latest Stock Report on ANF

Abercrombie & Fitch Price Performance

Shares of Abercrombie & Fitch stock traded down $5.09 during trading on Friday, hitting $90.93. 2,593,765 shares of the company's stock traded hands, compared to its average volume of 1,754,860. The firm's fifty day moving average price is $85.32 and its 200 day moving average price is $88.19. Abercrombie & Fitch Company has a twelve month low of $65.40 and a twelve month high of $172.90. The company has a market cap of $4.33 billion, a PE ratio of 8.95 and a beta of 1.54.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last issued its earnings results on Wednesday, May 28th. The apparel retailer reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.24. Abercrombie & Fitch had a net margin of 10.60% and a return on equity of 42.32%. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same period in the previous year, the business earned $2.14 EPS. The firm's revenue was up 7.5% on a year-over-year basis. As a group, equities research analysts anticipate that Abercrombie & Fitch Company will post 10.62 earnings per share for the current year.

Abercrombie & Fitch Company Profile

(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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Institutional Ownership by Quarter for Abercrombie & Fitch (NYSE:ANF)

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