Abercrombie & Fitch Co. (NYSE:ANF) Shares Bought by WD Rutherford LLC

WD Rutherford LLC increased its position in Abercrombie & Fitch Co. (NYSE:ANF) by 8.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,244 shares of the apparel retailer’s stock after acquiring an additional 321 shares during the period. WD Rutherford LLC’s holdings in Abercrombie & Fitch were worth $634,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Chartwell Investment Partners LLC boosted its stake in Abercrombie & Fitch by 0.8% during the 3rd quarter. Chartwell Investment Partners LLC now owns 9,445 shares of the apparel retailer’s stock valued at $1,322,000 after purchasing an additional 74 shares in the last quarter. Atria Investments Inc lifted its holdings in shares of Abercrombie & Fitch by 5.4% in the third quarter. Atria Investments Inc now owns 1,564 shares of the apparel retailer’s stock valued at $219,000 after buying an additional 80 shares during the period. UMB Bank n.a. grew its holdings in Abercrombie & Fitch by 92.2% during the fourth quarter. UMB Bank n.a. now owns 223 shares of the apparel retailer’s stock worth $33,000 after acquiring an additional 107 shares during the period. Asset Management One Co. Ltd. raised its position in Abercrombie & Fitch by 1.3% in the fourth quarter. Asset Management One Co. Ltd. now owns 9,047 shares of the apparel retailer’s stock worth $1,392,000 after acquiring an additional 118 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in Abercrombie & Fitch by 81.5% in the third quarter. Farther Finance Advisors LLC now owns 274 shares of the apparel retailer’s stock worth $38,000 after acquiring an additional 123 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ANF shares. Morgan Stanley lowered their price objective on shares of Abercrombie & Fitch from $149.00 to $139.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 15th. UBS Group upgraded shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $173.00 to $220.00 in a research report on Friday, January 10th. Raymond James cut their price objective on Abercrombie & Fitch from $180.00 to $165.00 and set an “outperform” rating for the company in a research report on Tuesday, January 14th. StockNews.com upgraded Abercrombie & Fitch from a “hold” rating to a “buy” rating in a report on Monday, January 13th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $190.00 target price on shares of Abercrombie & Fitch in a report on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $182.25.

Abercrombie & Fitch Stock Up 1.6 %

ANF opened at $111.82 on Friday. Abercrombie & Fitch Co. has a 12-month low of $106.10 and a 12-month high of $196.99. The firm has a market capitalization of $5.63 billion, a P/E ratio of 11.06 and a beta of 1.49. The stock has a fifty day moving average of $135.46 and a 200-day moving average of $142.00.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings data 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 firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. The business’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period last year, the company posted $1.83 EPS. On average, analysts expect that Abercrombie & Fitch Co. will post 10.64 earnings per share for the current fiscal year.

Insider Activity at Abercrombie & Fitch

In other Abercrombie & Fitch news, COO Scott D. Lipesky sold 8,605 shares of Abercrombie & Fitch stock in a transaction on Friday, November 29th. The shares were sold at an average price of $150.20, for a total transaction of $1,292,471.00. Following the completion of the sale, the chief operating officer now owns 97,850 shares of the company’s stock, valued at $14,697,070. This trade represents a 8.08 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Suzanne M. Coulter sold 2,870 shares of the company’s 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 transaction, the director now directly owns 6,405 shares in the company, valued at $1,024,800. This trade represents a 30.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 17,401 shares of company stock valued at $2,631,741. Corporate insiders own 2.58% of the company’s stock.

Abercrombie & Fitch Profile

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.