Dimensional Fund Advisors LP Has $386.74 Million Stake in Abercrombie & Fitch Co. (NYSE:ANF)

Dimensional Fund Advisors LP trimmed its stake in Abercrombie & Fitch Co. (NYSE:ANF - Free Report) by 23.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,174,789 shares of the apparel retailer's stock after selling 663,010 shares during the period. Dimensional Fund Advisors LP owned about 4.26% of Abercrombie & Fitch worth $386,742,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Cetera Advisors LLC bought a new position in shares of Abercrombie & Fitch in the first quarter valued at approximately $674,000. Cetera Investment Advisers grew its position in shares of Abercrombie & Fitch by 209.2% in the 1st quarter. Cetera Investment Advisers now owns 48,648 shares of the apparel retailer's stock valued at $6,097,000 after purchasing an additional 32,915 shares during the period. SG Americas Securities LLC increased its position in shares of Abercrombie & Fitch by 123.3% during the second quarter. SG Americas Securities LLC now owns 33,883 shares of the apparel retailer's stock worth $6,026,000 after acquiring an additional 18,707 shares in the last quarter. GSA Capital Partners LLP bought a new position in Abercrombie & Fitch during the 1st quarter worth about $585,000. Finally, O Shaughnessy Asset Management LLC raised its stake in shares of Abercrombie & Fitch by 74.5% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 7,746 shares of the apparel retailer's stock valued at $971,000 after purchasing an additional 3,308 shares during the period.

Insiders Place Their Bets

In related news, CFO Scott D. Lipesky sold 9,000 shares of Abercrombie & Fitch stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $146.80, for a total transaction of $1,321,200.00. Following the completion of the sale, the chief financial officer now owns 106,455 shares of the company's stock, valued at approximately $15,627,594. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Abercrombie & Fitch news, EVP Samir Desai sold 19,041 shares of Abercrombie & Fitch stock in a transaction on Friday, September 6th. The stock was sold at an average price of $131.36, for a total value of $2,501,225.76. Following the completion of the transaction, the executive vice president now directly owns 27,985 shares of the company's stock, valued at approximately $3,676,109.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Scott D. Lipesky sold 9,000 shares of the firm's stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $146.80, for a total transaction of $1,321,200.00. Following the completion of the transaction, the chief financial officer now directly owns 106,455 shares in the company, valued at $15,627,594. The disclosure for this sale can be found here. Insiders have sold a total of 31,541 shares of company stock valued at $4,310,256 over the last 90 days. 3.77% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Jefferies Financial Group increased their price objective on Abercrombie & Fitch from $215.00 to $220.00 and gave the stock a "buy" rating in a report on Wednesday, September 4th. Argus downgraded shares of Abercrombie & Fitch from a "buy" rating to a "hold" rating in a report on Thursday, July 11th. Telsey Advisory Group restated an "outperform" rating and set a $190.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, September 11th. Citigroup upgraded shares of Abercrombie & Fitch from a "neutral" rating to a "buy" rating and set a $190.00 price target on the stock in a research note on Friday, August 30th. Finally, JPMorgan Chase & Co. upgraded shares of Abercrombie & Fitch from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $167.00 to $194.00 in a research note on Monday, July 22nd. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $176.57.

Abercrombie & Fitch Trading Down 0.1 %

Shares of ANF traded down $0.14 during midday trading on Tuesday, reaching $134.48. The stock had a trading volume of 1,906,847 shares, compared to its average volume of 1,721,905. Abercrombie & Fitch Co. has a one year low of $49.24 and a one year high of $196.99. The firm has a market cap of $6.87 billion, a PE ratio of 16.73 and a beta of 1.50. The firm has a 50 day simple moving average of $151.85 and a 200-day simple moving average of $146.68.

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.