Robeco Institutional Asset Management B.V. Increases Stock Holdings in Abercrombie & Fitch Co. (NYSE:ANF)

Robeco Institutional Asset Management B.V. raised its stake in shares of Abercrombie & Fitch Co. (NYSE:ANF - Free Report) by 5.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 92,724 shares of the apparel retailer's stock after acquiring an additional 4,433 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.18% of Abercrombie & Fitch worth $13,859,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ANF. Wolff Wiese Magana LLC raised its holdings in shares of Abercrombie & Fitch by 6.5% in the third quarter. Wolff Wiese Magana LLC now owns 1,070 shares of the apparel retailer's stock worth $150,000 after buying an additional 65 shares during the last quarter. Chartwell Investment Partners LLC grew its holdings in Abercrombie & Fitch by 0.8% during the third quarter. Chartwell Investment Partners LLC now owns 9,445 shares of the apparel retailer's stock worth $1,322,000 after acquiring an additional 74 shares during the period. Atria Investments Inc increased its holdings in shares of Abercrombie & Fitch by 5.4% during the 3rd quarter. Atria Investments Inc now owns 1,564 shares of the apparel retailer's stock valued at $219,000 after purchasing an additional 80 shares in the last quarter. UMB Bank n.a. increased its holdings in Abercrombie & Fitch by 92.2% in the fourth quarter. UMB Bank n.a. now owns 223 shares of the apparel retailer's stock valued at $33,000 after buying an additional 107 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in Abercrombie & Fitch by 81.5% in the third quarter. Farther Finance Advisors LLC now owns 274 shares of the apparel retailer's stock valued at $38,000 after purchasing an additional 123 shares during the period.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ANF. Morgan Stanley cut their target price on shares of Abercrombie & Fitch from $149.00 to $139.00 and set an "equal weight" rating for the company in a research note on Wednesday, January 15th. StockNews.com upgraded Abercrombie & Fitch from a "hold" rating to a "buy" rating in a report on Monday, January 13th. UBS Group upgraded shares of Abercrombie & Fitch from a "neutral" rating to a "buy" rating and lifted their price target for the company from $173.00 to $220.00 in a research report on Friday, January 10th. Telsey Advisory Group reiterated an "outperform" rating and issued a $190.00 price objective on shares of Abercrombie & Fitch in a report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. increased their target price on shares of Abercrombie & Fitch from $201.00 to $204.00 and gave the stock an "overweight" rating in a report on Friday, December 20th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $182.25.

Insider Buying and Selling at Abercrombie & Fitch

In other news, Director Suzanne M. Coulter sold 2,870 shares of the company's stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $160.00, for a total transaction of $459,200.00. Following the completion of the sale, the director now owns 6,405 shares in the company, valued at $1,024,800. This represents a 30.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Samir Desai sold 5,926 shares of the business's stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $148.51, for a total transaction of $880,070.26. Following the transaction, the executive vice president now owns 22,059 shares in the company, valued at approximately $3,275,982.09. This trade represents a 21.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 17,401 shares of company stock worth $2,631,741. 2.58% of the stock is owned by insiders.

Abercrombie & Fitch Trading Down 0.5 %

NYSE:ANF traded down $0.60 during trading hours on Tuesday, hitting $114.95. The company's stock had a trading volume of 2,103,454 shares, compared to its average volume of 2,359,122. Abercrombie & Fitch Co. has a 52-week low of $101.59 and a 52-week high of $196.99. The stock has a market capitalization of $5.79 billion, a P/E ratio of 11.37 and a beta of 1.49. The stock has a fifty day moving average of $141.97 and a 200-day moving average of $144.26.

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 the consensus estimate of $2.32 by $0.18. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. The company's revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.83 EPS. On average, sell-side analysts forecast that Abercrombie & Fitch Co. will post 10.64 earnings per share for the current year.

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.