Public Employees Retirement System of Ohio Has $139,000 Stock Position in Abercrombie & Fitch Co. (NYSE:ANF)

Public Employees Retirement System of Ohio decreased its position in Abercrombie & Fitch Co. (NYSE:ANF - Free Report) by 89.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,460 shares of the apparel retailer's stock after selling 21,855 shares during the quarter. Public Employees Retirement System of Ohio's holdings in Abercrombie & Fitch were worth $139,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in ANF. BlackRock Inc. increased its stake in Abercrombie & Fitch by 2.2% in the first quarter. BlackRock Inc. now owns 8,299,726 shares of the apparel retailer's stock valued at $230,317,000 after purchasing an additional 177,790 shares during the last quarter. Vanguard Group Inc. increased its stake in Abercrombie & Fitch by 2.4% in the third quarter. Vanguard Group Inc. now owns 6,191,102 shares of the apparel retailer's stock valued at $348,992,000 after purchasing an additional 146,384 shares during the last quarter. FMR LLC increased its stake in Abercrombie & Fitch by 12,439.3% in the third quarter. FMR LLC now owns 5,313,894 shares of the apparel retailer's stock valued at $299,544,000 after purchasing an additional 5,271,516 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Abercrombie & Fitch by 3.8% in the first quarter. Dimensional Fund Advisors LP now owns 3,271,987 shares of the apparel retailer's stock valued at $90,794,000 after purchasing an additional 120,670 shares during the last quarter. Finally, State Street Corp increased its stake in Abercrombie & Fitch by 2.1% in the first quarter. State Street Corp now owns 2,121,400 shares of the apparel retailer's stock valued at $58,869,000 after purchasing an additional 44,221 shares during the last quarter.

Analysts Set New Price Targets

Several brokerages have commented on ANF. UBS Group increased their price target on shares of Abercrombie & Fitch from $98.00 to $130.00 and gave the company a "neutral" rating in a research note on Monday, February 26th. Citigroup raised their target price on shares of Abercrombie & Fitch from $100.00 to $127.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 27th. Jefferies Financial Group raised their target price on shares of Abercrombie & Fitch from $149.00 to $155.00 and gave the stock a "buy" rating in a research report on Wednesday, March 6th. Morgan Stanley raised their target price on shares of Abercrombie & Fitch from $81.00 to $103.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 7th. Finally, Telsey Advisory Group restated an "outperform" rating and set a $152.00 target price (up from $140.00) on shares of Abercrombie & Fitch in a research report on Wednesday, March 6th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $110.00.

Abercrombie & Fitch Stock Performance

Shares of NYSE ANF traded up $3.97 during mid-day trading on Friday, hitting $125.33. 1,352,162 shares of the company were exchanged, compared to its average volume of 2,324,121. The company has a quick ratio of 1.10, a current ratio of 1.59 and a debt-to-equity ratio of 0.21. The stock has a 50 day simple moving average of $119.22 and a 200-day simple moving average of $88.64. Abercrombie & Fitch Co. has a 1-year low of $21.74 and a 1-year high of $140.28. The firm has a market cap of $6.32 billion, a price-to-earnings ratio of 20.15 and a beta of 1.59.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released its earnings results on Wednesday, March 6th. The apparel retailer reported $2.97 EPS for the quarter, beating analysts' consensus estimates of $2.83 by $0.14. Abercrombie & Fitch had a return on equity of 38.80% and a net margin of 7.67%. The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter last year, the company earned $0.81 earnings per share. Abercrombie & Fitch's quarterly revenue was up 21.1% compared to the same quarter last year. On average, sell-side analysts forecast that Abercrombie & Fitch Co. will post 7.48 EPS for the current fiscal year.

Insider Buying and Selling at Abercrombie & Fitch

In other Abercrombie & Fitch news, CFO Scott D. Lipesky sold 35,000 shares of the firm's stock in a transaction on Friday, March 8th. The stock was sold at an average price of $127.95, for a total value of $4,478,250.00. Following the completion of the sale, the chief financial officer now owns 88,558 shares of the company's stock, valued at $11,330,996.10. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, Director Kerrii B. Anderson sold 3,000 shares of Abercrombie & Fitch stock in a transaction on Friday, March 8th. The stock was sold at an average price of $127.33, for a total transaction of $381,990.00. Following the completion of the transaction, the director now owns 45,878 shares of the company's stock, valued at approximately $5,841,645.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Scott D. Lipesky sold 35,000 shares of Abercrombie & Fitch stock in a transaction on Friday, March 8th. The stock was sold at an average price of $127.95, for a total value of $4,478,250.00. Following the transaction, the chief financial officer now directly owns 88,558 shares of the company's stock, valued at approximately $11,330,996.10. The disclosure for this sale can be found here. Over the last quarter, insiders sold 288,786 shares of company stock valued at $32,608,812. 3.77% of the stock is owned by company insiders.

Abercrombie & Fitch Profile

Abercrombie & Fitch Co, through its subsidiaries, operates as a specialty retailer in the United States, Europe, the Middle East, Asia, the Asia-Pacific, Canada, and internationally. The company operates through two segments, Hollister and Abercrombie. It offers an assortment of apparel, personal care products, and accessories for men, women, and kids under the Hollister, Gilly Hicks, Social Tourist, Abercrombie & Fitch, and abercrombie kids brands.