43,096 Shares in Abercrombie & Fitch Co. (NYSE:ANF) Purchased by Nicholas Investment Partners LP

Nicholas Investment Partners LP purchased a new stake in Abercrombie & Fitch Co. (NYSE:ANF - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 43,096 shares of the apparel retailer's stock, valued at approximately $3,802,000. Nicholas Investment Partners LP owned approximately 0.09% of Abercrombie & Fitch as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of ANF. National Bank of Canada FI boosted its position in Abercrombie & Fitch by 1.6% in the 4th quarter. National Bank of Canada FI now owns 8,587 shares of the apparel retailer's stock worth $780,000 after purchasing an additional 132 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its position in Abercrombie & Fitch by 36.7% during the third quarter. Nomura Asset Management Co. Ltd. now owns 820 shares of the apparel retailer's stock worth $46,000 after purchasing an additional 220 shares during the last quarter. Range Financial Group LLC increased its position in Abercrombie & Fitch by 2.8% during the fourth quarter. Range Financial Group LLC now owns 11,280 shares of the apparel retailer's stock worth $995,000 after purchasing an additional 302 shares during the last quarter. McGlone Suttner Wealth Management Inc. purchased a new position in Abercrombie & Fitch during the fourth quarter worth about $33,000. Finally, Arizona State Retirement System boosted its stake in Abercrombie & Fitch by 3.1% during the third quarter. Arizona State Retirement System now owns 14,255 shares of the apparel retailer's stock worth $804,000 after buying an additional 430 shares during the period.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on ANF shares. Argus raised their price objective on shares of Abercrombie & Fitch from $97.00 to $130.00 and gave the company a "buy" rating in a research note on Thursday, April 11th. Citigroup boosted 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. UBS Group boosted their target price on shares of Abercrombie & Fitch from $98.00 to $130.00 and gave the stock a "neutral" rating in a research report on Monday, February 26th. Telsey Advisory Group reiterated an "outperform" rating and issued a $152.00 price objective (up from $140.00) on shares of Abercrombie & Fitch in a research report on Wednesday, March 6th. Finally, Jefferies Financial Group boosted their price objective 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. 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, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $124.00.

Insider Buying and Selling

In other news, CEO Fran Horowitz sold 400,000 shares of Abercrombie & Fitch stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $110.61, for a total value of $44,244,000.00. Following the completion of the transaction, the chief executive officer now owns 525,520 shares in the company, valued at $58,127,767.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Abercrombie & Fitch news, CEO Fran Horowitz sold 400,000 shares of Abercrombie & Fitch stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $110.61, for a total transaction of $44,244,000.00. Following the completion of the sale, the chief executive officer now owns 525,520 shares of the company's stock, valued at approximately $58,127,767.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Kristin A. Scott sold 120,000 shares of Abercrombie & Fitch stock in a transaction on Friday, March 8th. The stock was sold at an average price of $126.15, for a total transaction of $15,138,000.00. Following the sale, the insider now directly owns 38,208 shares of the company's stock, valued at approximately $4,819,939.20. The disclosure for this sale can be found here. Insiders have sold a total of 558,786 shares of company stock valued at $64,340,812 over the last three months. 3.77% of the stock is owned by corporate insiders.

Abercrombie & Fitch Stock Up 1.0 %

Shares of NYSE:ANF traded up $1.37 during midday trading on Wednesday, hitting $137.68. 1,326,404 shares of the stock were exchanged, compared to its average volume of 1,540,722. Abercrombie & Fitch Co. has a 52-week low of $22.21 and a 52-week high of $140.28. The business's fifty day simple moving average is $123.67 and its two-hundred day simple moving average is $103.85. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.10 and a current ratio of 1.59. The company has a market capitalization of $7.04 billion, a PE ratio of 21.91 and a beta of 1.57.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last issued its quarterly earnings results on Wednesday, March 6th. The apparel retailer reported $2.97 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.43 billion. During the same period last year, the business posted $0.81 earnings per share. The firm's revenue was up 21.1% compared to the same quarter last year. As a group, research analysts predict that Abercrombie & Fitch Co. will post 7.54 earnings per share for the current fiscal year.

Abercrombie & Fitch Profile

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

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