Vanguard Personalized Indexing Management LLC Sells 1,263 Shares of Abercrombie & Fitch Co. (NYSE:ANF)

Vanguard Personalized Indexing Management LLC cut its holdings in Abercrombie & Fitch Co. (NYSE:ANF) by 40.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 1,889 shares of the apparel retailer’s stock after selling 1,263 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Abercrombie & Fitch were worth $336,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of ANF. Cetera Advisors LLC acquired a new position in shares of Abercrombie & Fitch during the 1st quarter worth approximately $674,000. Cetera Investment Advisers grew its position in Abercrombie & Fitch by 209.2% during the first quarter. Cetera Investment Advisers now owns 48,648 shares of the apparel retailer’s stock worth $6,097,000 after buying an additional 32,915 shares in the last quarter. SG Americas Securities LLC increased its stake in Abercrombie & Fitch by 123.3% during the 2nd 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 during the period. GSA Capital Partners LLP acquired a new position in Abercrombie & Fitch in the 1st quarter valued at $585,000. Finally, O Shaughnessy Asset Management LLC lifted its position in shares of Abercrombie & Fitch by 74.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 7,746 shares of the apparel retailer’s stock valued at $971,000 after acquiring an additional 3,308 shares during the period.

Insider Activity

In related news, CFO Scott D. Lipesky sold 9,000 shares of the business’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $146.80, for a total transaction of $1,321,200.00. Following the sale, the chief financial officer now owns 106,455 shares in the company, valued at approximately $15,627,594. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CFO Scott D. Lipesky sold 9,000 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $146.80, for a total value of $1,321,200.00. Following the completion of the transaction, the chief financial officer now owns 106,455 shares in the company, valued at approximately $15,627,594. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Samir Desai sold 19,041 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president now directly owns 27,985 shares in the company, valued at $3,676,109.60. The disclosure for this sale can be found here. In the last ninety days, insiders sold 31,541 shares of company stock worth $4,310,256. Insiders own 3.77% of the company’s stock.

Wall Street Analyst Weigh In

ANF has been the topic of several analyst reports. Jefferies Financial Group increased their target price on Abercrombie & Fitch from $215.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, September 4th. Citigroup upgraded shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and set a $190.00 price objective on the stock in a research note on Friday, August 30th. JPMorgan Chase & Co. upgraded shares of Abercrombie & Fitch from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $167.00 to $194.00 in a research report on Monday, July 22nd. Telsey Advisory Group reaffirmed an “outperform” rating and set a $190.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, September 11th. Finally, Morgan Stanley decreased their price objective on shares of Abercrombie & Fitch from $155.00 to $147.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 29th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $176.57.

Abercrombie & Fitch Trading Up 4.8 %

ANF stock opened at $144.50 on Friday. The firm has a 50-day moving average price of $146.74 and a 200-day moving average price of $147.24. Abercrombie & Fitch Co. has a 12 month low of $53.16 and a 12 month high of $196.99. The stock has a market capitalization of $7.38 billion, a P/E ratio of 17.97 and a beta of 1.50.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Wednesday, August 28th. The apparel retailer reported $2.50 EPS for the quarter, beating 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 business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.09 billion. As a group, equities analysts predict that Abercrombie & Fitch Co. will post 10.26 EPS for the current fiscal 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.