Abercrombie & Fitch Co. (NYSE:ANF) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC trimmed its holdings in Abercrombie & Fitch Co. (NYSE:ANF) by 25.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,459 shares of the apparel retailer’s stock after selling 486 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Abercrombie & Fitch were worth $204,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Public Sector Pension Investment Board lifted its stake in Abercrombie & Fitch by 8.8% during the second quarter. Public Sector Pension Investment Board now owns 112,381 shares of the apparel retailer’s stock valued at $19,986,000 after purchasing an additional 9,061 shares during the last quarter. Cetera Advisors LLC bought a new position in shares of Abercrombie & Fitch in the first quarter valued at $674,000. Wedge Capital Management L L P NC lifted its position in shares of Abercrombie & Fitch by 37.0% during the 3rd quarter. Wedge Capital Management L L P NC now owns 362,479 shares of the apparel retailer’s stock valued at $50,711,000 after acquiring an additional 97,893 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Abercrombie & Fitch by 209.2% during the 1st quarter. Cetera Investment Advisers now owns 48,648 shares of the apparel retailer’s stock worth $6,097,000 after acquiring an additional 32,915 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in shares of Abercrombie & Fitch by 123.3% in 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 last quarter.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ANF. UBS Group reduced their target price on Abercrombie & Fitch from $193.00 to $165.00 and set a “neutral” rating for the company in a report on Thursday, August 29th. Argus lowered shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Thursday, July 11th. Citigroup raised shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and set a $190.00 target price on the stock in a research report on Friday, August 30th. Morgan Stanley reduced their price target on shares of Abercrombie & Fitch from $155.00 to $147.00 and set an “equal weight” rating for the company in a research report on Thursday, August 29th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $190.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday, September 11th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Abercrombie & Fitch currently has a consensus rating of “Moderate Buy” and an average target price of $176.71.

Insider Buying and Selling at Abercrombie & Fitch

In other news, EVP Samir Desai sold 19,041 shares of the firm’s stock in a transaction dated 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 completion of the sale, the executive vice president now directly owns 27,985 shares of the company’s stock, valued at $3,676,109.60. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Abercrombie & Fitch news, CFO Scott D. Lipesky sold 9,000 shares of the business’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 sale, the chief financial officer now directly owns 106,455 shares of the company’s stock, valued at $15,627,594. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Samir Desai sold 19,041 shares of the firm’s stock in a transaction 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 owns 27,985 shares in the company, valued at $3,676,109.60. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 31,541 shares of company stock worth $4,310,256 over the last 90 days. 2.58% of the stock is currently owned by corporate insiders.

Abercrombie & Fitch Stock Performance

Shares of ANF opened at $135.44 on Thursday. The company has a market capitalization of $6.92 billion, a PE ratio of 14.55 and a beta of 1.50. The company’s 50 day moving average price is $141.77 and its 200 day moving average price is $151.52. Abercrombie & Fitch Co. has a 52 week low of $65.34 and a 52 week high of $196.99.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $1.09 billion. On average, equities analysts forecast that Abercrombie & Fitch Co. will post 10.26 earnings per share 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.