Empowered Funds LLC Sells 3,973 Shares of Abercrombie & Fitch Co. (NYSE:ANF)

Empowered Funds LLC cut its position in Abercrombie & Fitch Co. (NYSE:ANF - Free Report) by 6.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,407 shares of the apparel retailer's stock after selling 3,973 shares during the quarter. Empowered Funds LLC owned about 0.12% of Abercrombie & Fitch worth $8,311,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Wolff Wiese Magana LLC grew its stake in Abercrombie & Fitch by 6.5% in the 3rd quarter. Wolff Wiese Magana LLC now owns 1,070 shares of the apparel retailer's stock valued at $150,000 after buying an additional 65 shares in the last quarter. Chartwell Investment Partners LLC lifted its holdings in Abercrombie & Fitch by 0.8% during the 3rd quarter. Chartwell Investment Partners LLC now owns 9,445 shares of the apparel retailer's stock worth $1,322,000 after purchasing an additional 74 shares in the last quarter. Atria Investments Inc boosted its stake in Abercrombie & Fitch by 5.4% in the 3rd quarter. Atria Investments Inc now owns 1,564 shares of the apparel retailer's stock worth $219,000 after purchasing an additional 80 shares during the period. Sage Rhino Capital LLC grew its holdings in Abercrombie & Fitch by 5.5% during the 2nd quarter. Sage Rhino Capital LLC now owns 1,695 shares of the apparel retailer's stock valued at $301,000 after buying an additional 89 shares in the last quarter. Finally, Ritholtz Wealth Management increased its position in shares of Abercrombie & Fitch by 3.6% during the second quarter. Ritholtz Wealth Management now owns 3,277 shares of the apparel retailer's stock valued at $583,000 after buying an additional 115 shares during the period.

Abercrombie & Fitch Stock Up 0.0 %

Shares of NYSE ANF traded up $0.04 during trading hours on Friday, reaching $144.64. 946,435 shares of the stock traded hands, compared to its average volume of 1,674,202. The company has a market capitalization of $7.39 billion, a P/E ratio of 15.32 and a beta of 1.50. The company's 50-day simple moving average is $141.87 and its two-hundred day simple moving average is $152.54. Abercrombie & Fitch Co. has a 52-week low of $65.60 and a 52-week high of $196.99.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last posted its quarterly earnings results on Wednesday, August 28th. The apparel retailer reported $2.50 EPS for the quarter, topping the consensus estimate of $2.14 by $0.36. Abercrombie & Fitch had a net margin of 10.76% and a return on equity of 47.35%. The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.09 billion. As a group, sell-side analysts forecast that Abercrombie & Fitch Co. will post 10.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ANF. Citigroup raised shares of Abercrombie & Fitch from a "neutral" rating to a "buy" rating and set a $190.00 price objective for the company in a research note on Friday, August 30th. Morgan Stanley decreased their price target on shares of Abercrombie & Fitch from $155.00 to $147.00 and set an "equal weight" rating on the stock in a report on Thursday, August 29th. Jefferies Financial Group lifted their price objective on Abercrombie & Fitch from $215.00 to $220.00 and gave the company a "buy" rating in a research note on Wednesday, September 4th. JPMorgan Chase & Co. boosted their target price on Abercrombie & Fitch from $194.00 to $195.00 and gave the stock an "overweight" rating in a research report on Friday, October 4th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and issued a $190.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, September 11th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, Abercrombie & Fitch currently has a consensus rating of "Moderate Buy" and a consensus target price of $177.43.

Insider Buying and Selling at Abercrombie & Fitch

In other Abercrombie & Fitch news, CFO Scott D. Lipesky sold 9,000 shares of the business's stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $146.80, for a total value of $1,321,200.00. Following the completion of the sale, the chief financial officer now owns 106,455 shares in the company, valued at approximately $15,627,594. The trade was a 7.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Helen Mccluskey sold 3,500 shares of Abercrombie & Fitch stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $139.38, for a total transaction of $487,830.00. Following the completion of the transaction, the director now directly owns 37,470 shares in the company, valued at approximately $5,222,568.60. The trade was a 8.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 31,541 shares of company stock worth $4,310,256 over the last three months. Company insiders own 2.58% of the company's stock.

About Abercrombie & Fitch

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.