Y Intercept Hong Kong Ltd Grows Stock Holdings in Abercrombie & Fitch Co. (NYSE:ANF)

Y Intercept Hong Kong Ltd increased its stake in Abercrombie & Fitch Co. (NYSE:ANF - Free Report) by 115.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,483 shares of the apparel retailer's stock after purchasing an additional 13,677 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in Abercrombie & Fitch were worth $3,565,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wellington Management Group LLP grew its holdings in Abercrombie & Fitch by 25.2% during the 3rd quarter. Wellington Management Group LLP now owns 1,017,720 shares of the apparel retailer's stock valued at $142,379,000 after buying an additional 204,901 shares in the last quarter. Marshall Wace LLP boosted its position in shares of Abercrombie & Fitch by 16.0% in the second quarter. Marshall Wace LLP now owns 873,148 shares of the apparel retailer's stock valued at $155,281,000 after acquiring an additional 120,509 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Abercrombie & Fitch by 7.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 870,143 shares of the apparel retailer's stock valued at $121,733,000 after acquiring an additional 60,022 shares in the last quarter. Renaissance Technologies LLC increased its holdings in Abercrombie & Fitch by 146.3% during the 2nd quarter. Renaissance Technologies LLC now owns 863,100 shares of the apparel retailer's stock worth $153,494,000 after acquiring an additional 512,700 shares during the period. Finally, Fisher Asset Management LLC lifted its stake in Abercrombie & Fitch by 3.0% in the 3rd quarter. Fisher Asset Management LLC now owns 569,828 shares of the apparel retailer's stock worth $79,719,000 after purchasing an additional 16,754 shares in the last quarter.

Analysts Set New Price Targets

ANF has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Abercrombie & Fitch from $194.00 to $195.00 and gave the company an "overweight" rating in a research report on Friday, October 4th. UBS Group upped their target price on Abercrombie & Fitch from $170.00 to $173.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 27th. Jefferies Financial Group boosted their price target on shares of Abercrombie & Fitch from $215.00 to $220.00 and gave the stock a "buy" rating in a research note on Wednesday, September 4th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $190.00 price objective on shares of Abercrombie & Fitch in a research note on Tuesday, November 26th. Finally, Citigroup raised Abercrombie & Fitch from a "neutral" rating to a "buy" rating and set a $190.00 target price for the company in a research note on Friday, August 30th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Abercrombie & Fitch presently has an average rating of "Moderate Buy" and an average price target of $178.38.

Abercrombie & Fitch Stock Down 7.5 %

Shares of Abercrombie & Fitch stock traded down $11.32 during trading on Monday, reaching $140.03. 2,739,904 shares of the stock were exchanged, compared to its average volume of 1,709,486. The firm has a market cap of $7.15 billion, a price-to-earnings ratio of 13.85 and a beta of 1.52. Abercrombie & Fitch Co. has a 1 year low of $79.20 and a 1 year high of $196.99. The stock's fifty day moving average is $145.43 and its 200 day moving average is $154.31.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last issued its quarterly earnings data on Tuesday, November 26th. The apparel retailer reported $2.50 earnings per share for the quarter, topping analysts' consensus estimates of $2.32 by $0.18. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. The business's quarterly revenue was up 14.4% compared to the same quarter last year. During the same period last year, the company earned $1.83 EPS. Equities analysts forecast that Abercrombie & Fitch Co. will post 10.52 earnings per share for the current year.

Insider Buying and Selling at Abercrombie & Fitch

In other Abercrombie & Fitch news, COO Scott D. Lipesky sold 8,605 shares of the company's stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $150.20, for a total transaction of $1,292,471.00. Following the transaction, the chief operating officer now owns 97,850 shares in the company, valued at approximately $14,697,070. This represents a 8.08 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Suzanne M. Coulter sold 2,870 shares of the firm's stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $160.00, for a total value of $459,200.00. Following the completion of the transaction, the director now owns 6,405 shares of the company's stock, valued at approximately $1,024,800. The trade was a 30.94 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 17,401 shares of company stock valued at $2,631,741. 2.58% of the stock is currently owned by company insiders.

Abercrombie & Fitch Company 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.