Abercrombie & Fitch Co. (NYSE:ANF) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its stake in Abercrombie & Fitch Co. (NYSE:ANF – Get Rating) by 13.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,151,317 shares of the apparel retailer’s stock after selling 493,418 shares during the quarter. Dimensional Fund Advisors LP owned approximately 6.43% of Abercrombie & Fitch worth $72,196,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of ANF. MetLife Investment Management LLC lifted its holdings in Abercrombie & Fitch by 42.3% in the first quarter. MetLife Investment Management LLC now owns 29,951 shares of the apparel retailer’s stock valued at $958,000 after acquiring an additional 8,902 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Abercrombie & Fitch by 9.1% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 48,703 shares of the apparel retailer’s stock valued at $1,558,000 after acquiring an additional 4,049 shares during the period. LSV Asset Management increased its position in shares of Abercrombie & Fitch by 41.7% in the first quarter. LSV Asset Management now owns 318,200 shares of the apparel retailer’s stock valued at $10,179,000 after buying an additional 93,600 shares in the last quarter. Allianz Asset Management GmbH increased its position in shares of Abercrombie & Fitch by 23.5% in the first quarter. Allianz Asset Management GmbH now owns 252,944 shares of the apparel retailer’s stock valued at $8,092,000 after buying an additional 48,078 shares in the last quarter. Finally, Divisar Capital Management LLC increased its position in shares of Abercrombie & Fitch by 43.2% in the first quarter. Divisar Capital Management LLC now owns 868,421 shares of the apparel retailer’s stock valued at $27,781,000 after buying an additional 261,824 shares in the last quarter.

Abercrombie & Fitch Stock Down 5.3 %

Shares of ANF opened at $28.56 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.80 and a current ratio of 1.36. Abercrombie & Fitch Co. has a one year low of $14.02 and a one year high of $31.69. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 476.00 and a beta of 1.45. The stock has a 50 day moving average price of $24.89 and a 200 day moving average price of $25.25.

Abercrombie & Fitch (NYSE:ANF – Get Rating) last issued its quarterly earnings results on Wednesday, May 24th. The apparel retailer reported $0.39 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.41. The firm had revenue of $836.00 million during the quarter, compared to analysts’ expectations of $814.93 million. Abercrombie & Fitch had a return on equity of 1.90% and a net margin of 0.08%. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the previous year, the business earned ($0.27) earnings per share. Equities research analysts forecast that Abercrombie & Fitch Co. will post 1.43 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on ANF. Morgan Stanley boosted their price objective on Abercrombie & Fitch from $16.00 to $17.00 and gave the company an “underweight” rating in a research report on Thursday, March 2nd. Argus cut Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research report on Wednesday, April 12th. Jefferies Financial Group cut their price objective on Abercrombie & Fitch from $35.00 to $30.00 in a research report on Tuesday, May 9th. UBS Group boosted their price objective on Abercrombie & Fitch from $28.00 to $32.00 in a research report on Thursday. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $33.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday, March 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Abercrombie & Fitch presently has an average rating of “Hold” and a consensus target price of $28.75.

About Abercrombie & Fitch

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Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. It offers apparel products, including knit tops, woven shirts, graphic t-shirts, fleece, sweaters, jeans, woven pants, shorts, outerwear, dresses, intimates and swimwear, and personal care products and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks brands.