15,000 Shares in Abercrombie & Fitch Co. (NYSE:ANF) Purchased by Capricorn Fund Managers Ltd

Capricorn Fund Managers Ltd purchased a new stake in shares of Abercrombie & Fitch Co. (NYSE:ANF) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 15,000 shares of the apparel retailer’s stock, valued at approximately $2,320,000.

A number of other large investors have also added to or reduced their stakes in the company. UMB Bank n.a. grew its holdings in Abercrombie & Fitch by 92.2% during the 4th quarter. UMB Bank n.a. now owns 223 shares of the apparel retailer’s stock valued at $33,000 after purchasing an additional 107 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of Abercrombie & Fitch by 81.5% during the third quarter. Farther Finance Advisors LLC now owns 274 shares of the apparel retailer’s stock valued at $38,000 after buying an additional 123 shares during the period. Quarry LP grew its stake in shares of Abercrombie & Fitch by 156.0% during the second quarter. Quarry LP now owns 279 shares of the apparel retailer’s stock valued at $50,000 after buying an additional 170 shares during the last quarter. Private Trust Co. NA raised its holdings in shares of Abercrombie & Fitch by 604.4% in the third quarter. Private Trust Co. NA now owns 317 shares of the apparel retailer’s stock worth $44,000 after buying an additional 272 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Abercrombie & Fitch by 8,914.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 631 shares of the apparel retailer’s stock worth $112,000 after acquiring an additional 624 shares during the last quarter.

Insider Buying and Selling at Abercrombie & Fitch

In other news, Director Suzanne M. Coulter sold 2,870 shares of the stock in a transaction 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 approximately $1,024,800. This represents a 30.94 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Samir Desai sold 5,926 shares of the business’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $148.51, for a total value 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. Insiders have sold 17,401 shares of company stock worth $2,631,741 over the last quarter. Insiders own 2.58% of the company’s stock.

Abercrombie & Fitch Stock Up 1.7 %

Shares of ANF stock opened at $130.34 on Tuesday. The firm has a market cap of $6.57 billion, a price-to-earnings ratio of 12.89 and a beta of 1.52. Abercrombie & Fitch Co. has a 52-week low of $95.51 and a 52-week high of $196.99. The company’s 50 day moving average is $146.99 and its 200 day moving average is $147.93.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings results on Tuesday, November 26th. The apparel retailer reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.18. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.19 billion. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. The business’s revenue was up 14.4% compared to the same quarter last year. During the same period last year, the business posted $1.83 EPS. Analysts anticipate that Abercrombie & Fitch Co. will post 10.64 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ANF has been the topic of several research analyst reports. Morgan Stanley cut their price objective on Abercrombie & Fitch from $149.00 to $139.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 15th. Raymond James cut their price target on shares of Abercrombie & Fitch from $180.00 to $165.00 and set an “outperform” rating on the stock in a report on Tuesday, January 14th. UBS Group upgraded shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $173.00 to $220.00 in a report on Friday, January 10th. StockNews.com upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Abercrombie & Fitch from $201.00 to $204.00 and gave the company an “overweight” rating in a research note on Friday, December 20th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $182.25.

Abercrombie & Fitch 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.