Lisanti Capital Growth LLC Purchases 10,690 Shares of Abercrombie & Fitch Co. (NYSE:ANF)

Lisanti Capital Growth LLC lifted its position in shares of Abercrombie & Fitch Co. (NYSE:ANF - Free Report) by 62.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,860 shares of the apparel retailer's stock after purchasing an additional 10,690 shares during the quarter. Lisanti Capital Growth LLC owned 0.05% of Abercrombie & Fitch worth $4,955,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Hennessy Advisors Inc. grew its holdings in Abercrombie & Fitch by 18.1% during the second quarter. Hennessy Advisors Inc. now owns 502,400 shares of the apparel retailer's stock worth $89,347,000 after buying an additional 76,900 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Abercrombie & Fitch by 4.7% during the second quarter. Bank of New York Mellon Corp now owns 460,613 shares of the apparel retailer's stock worth $81,915,000 after buying an additional 20,616 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Abercrombie & Fitch by 45.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 454,550 shares of the apparel retailer's stock worth $56,969,000 after buying an additional 141,788 shares in the last quarter. Norges Bank bought a new stake in Abercrombie & Fitch during the fourth quarter worth $37,632,000. Finally, Assenagon Asset Management S.A. grew its holdings in Abercrombie & Fitch by 2,036.5% during the second quarter. Assenagon Asset Management S.A. now owns 419,560 shares of the apparel retailer's stock worth $74,615,000 after buying an additional 399,922 shares in the last quarter.

Analysts Set New Price Targets

Several brokerages recently issued reports on ANF. Telsey Advisory Group reiterated an "outperform" rating and set a $208.00 price target on shares of Abercrombie & Fitch in a report on Wednesday. Argus downgraded Abercrombie & Fitch from a "buy" rating to a "hold" rating in a report on Thursday, July 11th. JPMorgan Chase & Co. upgraded Abercrombie & Fitch from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $167.00 to $194.00 in a report on Monday, July 22nd. Jefferies Financial Group upped their price objective on Abercrombie & Fitch from $155.00 to $215.00 and gave the company a "buy" rating in a research note on Wednesday, May 29th. Finally, UBS Group reduced their price objective on Abercrombie & Fitch from $193.00 to $165.00 and set a "neutral" rating for the company in a research note on Thursday. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $178.43.

Abercrombie & Fitch Stock Performance

NYSE:ANF traded up $5.35 during trading on Friday, reaching $147.57. The company's stock had a trading volume of 2,897,910 shares, compared to its average volume of 1,979,715. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.15 and a current ratio of 1.44. The firm has a market cap of $7.54 billion, a price-to-earnings ratio of 18.35 and a beta of 1.54. Abercrombie & Fitch Co. has a 12 month low of $49.24 and a 12 month high of $196.99. The firm has a 50 day moving average of $160.60 and a 200-day moving average of $145.54.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last posted its quarterly earnings results on Wednesday, May 29th. The apparel retailer reported $2.14 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.48. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $967.37 million. Abercrombie & Fitch had a return on equity of 47.35% and a net margin of 10.76%. The firm's quarterly revenue was up 22.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.39 EPS. Research analysts expect that Abercrombie & Fitch Co. will post 10.08 EPS for the current fiscal year.

Insider Transactions at Abercrombie & Fitch

In other news, Director Kenneth B. Robinson sold 1,300 shares of the stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $171.61, for a total transaction of $223,093.00. Following the completion of the transaction, the director now owns 5,880 shares in the company, valued at approximately $1,009,066.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Kenneth B. Robinson sold 1,300 shares of the stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $171.61, for a total transaction of $223,093.00. Following the sale, the director now owns 5,880 shares of the company's stock, valued at approximately $1,009,066.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Nigel Travis sold 7,700 shares of the stock in a transaction dated Tuesday, June 4th. The stock was sold at an average price of $173.66, for a total value of $1,337,182.00. Following the sale, the director now directly owns 19,855 shares in the company, valued at approximately $3,448,019.30. The disclosure for this sale can be found here. 3.77% of the stock is owned by corporate 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.