3,923 Shares in Abercrombie & Fitch Co. (NYSE:ANF) Bought by WD Rutherford LLC

WD Rutherford LLC bought a new position in Abercrombie & Fitch Co. (NYSE:ANF - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,923 shares of the apparel retailer's stock, valued at approximately $549,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Marshall Wace LLP raised its stake 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 worth $155,281,000 after buying an additional 120,509 shares during the period. Renaissance Technologies LLC boosted its position in shares of Abercrombie & Fitch by 146.3% in the second quarter. Renaissance Technologies LLC now owns 863,100 shares of the apparel retailer's stock worth $153,494,000 after purchasing an additional 512,700 shares during the period. Hennessy Advisors Inc. increased its stake in shares of Abercrombie & Fitch by 18.1% in the second quarter. Hennessy Advisors Inc. now owns 502,400 shares of the apparel retailer's stock worth $89,347,000 after purchasing an additional 76,900 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Abercrombie & Fitch by 4.7% in the 2nd 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. Finally, Price T Rowe Associates Inc. MD increased its stake in Abercrombie & Fitch by 45.3% in the 1st 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.

Insider Buying and Selling

In other news, EVP Samir Desai sold 19,041 shares of the firm's stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $131.36, for a total transaction of $2,501,225.76. Following the transaction, the executive vice president now directly owns 27,985 shares of the company's stock, valued at approximately $3,676,109.60. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, EVP Samir Desai sold 19,041 shares of the company's stock in a transaction on Friday, September 6th. The stock was sold at an average price of $131.36, for a total transaction of $2,501,225.76. Following the transaction, the executive vice president now directly owns 27,985 shares of the company's stock, valued at approximately $3,676,109.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Helen Mccluskey sold 3,500 shares of the business's stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $139.38, for a total transaction of $487,830.00. Following the sale, the director now directly owns 37,470 shares in the company, valued at $5,222,568.60. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 31,541 shares of company stock valued at $4,310,256 in the last 90 days. Company insiders own 2.58% of the company's stock.

Wall Street Analysts Forecast Growth

ANF has been the subject of several research analyst reports. Citigroup upgraded Abercrombie & Fitch from a "neutral" rating to a "buy" rating and set a $190.00 target price for the company in a research report on Friday, August 30th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $190.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, September 11th. UBS Group lowered their target price on shares of Abercrombie & Fitch from $193.00 to $165.00 and set a "neutral" rating on the stock in a report on Thursday, August 29th. Morgan Stanley cut their target price on shares of Abercrombie & Fitch from $155.00 to $147.00 and set an "equal weight" rating for the company in a research note on Thursday, August 29th. Finally, Jefferies Financial Group boosted their target price on Abercrombie & Fitch from $215.00 to $220.00 and gave the stock a "buy" rating in a research report on Wednesday, September 4th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $176.71.

Abercrombie & Fitch Stock Down 0.7 %

ANF traded down $0.93 on Wednesday, hitting $137.54. The company had a trading volume of 356,309 shares, compared to its average volume of 1,692,996. The company has a market cap of $7.03 billion, a PE ratio of 14.67 and a beta of 1.49. The business's fifty day simple moving average is $145.02 and its 200 day simple moving average is $150.72. Abercrombie & Fitch Co. has a 12-month low of $58.54 and a 12-month high of $196.99.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released its earnings results on Wednesday, August 28th. The apparel retailer reported $2.50 earnings per share (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 during the quarter, compared to analyst estimates of $1.09 billion. On average, analysts anticipate that Abercrombie & Fitch Co. will post 10.26 earnings per share for the current fiscal year.

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.