Yousif Capital Management LLC Sells 801 Shares of Abercrombie & Fitch Co. (NYSE:ANF)

Yousif Capital Management LLC trimmed its position in shares of Abercrombie & Fitch Co. (NYSE:ANF) by 4.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,998 shares of the apparel retailer’s stock after selling 801 shares during the period. Yousif Capital Management LLC’s holdings in Abercrombie & Fitch were worth $2,690,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Retirement Systems of Alabama lifted its stake in shares of Abercrombie & Fitch by 132.1% during the 4th quarter. Retirement Systems of Alabama now owns 144,075 shares of the apparel retailer’s stock valued at $21,535,000 after buying an additional 81,996 shares in the last quarter. Jennison Associates LLC bought a new stake in Abercrombie & Fitch during the 4th quarter valued at $844,000. Highland Capital Management LLC lifted its position in shares of Abercrombie & Fitch by 6.7% during the fourth quarter. Highland Capital Management LLC now owns 2,694 shares of the apparel retailer’s stock worth $403,000 after acquiring an additional 169 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Abercrombie & Fitch by 5.0% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 92,724 shares of the apparel retailer’s stock worth $13,859,000 after acquiring an additional 4,433 shares during the period. Finally, Bay Rivers Group purchased a new position in shares of Abercrombie & Fitch in the fourth quarter valued at $240,000.

Abercrombie & Fitch Stock Performance

Shares of NYSE:ANF opened at $114.94 on Monday. Abercrombie & Fitch Co. has a 52-week low of $104.34 and a 52-week high of $196.99. The stock has a market capitalization of $5.79 billion, a price-to-earnings ratio of 11.37 and a beta of 1.49. The stock’s 50-day simple moving average is $139.90 and its two-hundred day simple moving average is $143.34.

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

Insider Buying and Selling

In related news, EVP Samir Desai sold 5,926 shares of Abercrombie & Fitch stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $148.51, for a total value of $880,070.26. Following the completion of the sale, the executive vice president now directly owns 22,059 shares in the company, valued at $3,275,982.09. The trade was a 21.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, 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 directly owns 6,405 shares of the company’s stock, valued at $1,024,800. The trade was a 30.94 % decrease in their position. 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. Corporate insiders own 2.58% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Telsey Advisory Group restated an “outperform” rating and issued a $190.00 price objective on shares of Abercrombie & Fitch in a research report on Tuesday, January 14th. JPMorgan Chase & Co. upped their price target 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. StockNews.com raised Abercrombie & Fitch from a “hold” rating to a “buy” rating in a research note on Monday, January 13th. Raymond James decreased their target price on Abercrombie & Fitch from $180.00 to $165.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. Finally, UBS Group upgraded 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. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $182.25.

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.