Nisa Investment Advisors LLC Raises Position in Abercrombie & Fitch Co. (ANF)

Nisa Investment Advisors LLC increased its stake in shares of Abercrombie & Fitch Co. (NYSE:ANF) by 9.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 48,200 shares of the apparel retailer’s stock after acquiring an additional 4,200 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Abercrombie & Fitch were worth $1,018,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Municipal Employees Retirement System of Michigan boosted its position in shares of Abercrombie & Fitch by 7.9% during the second quarter. Municipal Employees Retirement System of Michigan now owns 29,320 shares of the apparel retailer’s stock worth $717,000 after acquiring an additional 2,150 shares during the last quarter. Vident Investment Advisory LLC boosted its position in shares of Abercrombie & Fitch by 1.5% during the second quarter. Vident Investment Advisory LLC now owns 159,430 shares of the apparel retailer’s stock worth $3,903,000 after acquiring an additional 2,391 shares during the last quarter. Federated Investors Inc. PA raised its stake in Abercrombie & Fitch by 1.0% during the second quarter. Federated Investors Inc. PA now owns 255,770 shares of the apparel retailer’s stock valued at $6,262,000 after purchasing an additional 2,482 shares in the last quarter. NumerixS Investment Technologies Inc raised its stake in Abercrombie & Fitch by 25.0% during the second quarter. NumerixS Investment Technologies Inc now owns 17,125 shares of the apparel retailer’s stock valued at $439,000 after purchasing an additional 3,425 shares in the last quarter. Finally, Wedge Capital Management L L P NC raised its stake in Abercrombie & Fitch by 17.8% during the second quarter. Wedge Capital Management L L P NC now owns 24,056 shares of the apparel retailer’s stock valued at $589,000 after purchasing an additional 3,639 shares in the last quarter.

A number of equities research analysts recently issued reports on the stock. Wedbush decreased their price target on shares of Abercrombie & Fitch from $25.00 to $17.00 and set a “neutral” rating on the stock in a research note on Thursday, October 11th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $16.00 price target on shares of Abercrombie & Fitch in a research note on Thursday, October 11th. Morgan Stanley upped their price target on shares of Abercrombie & Fitch from $13.00 to $14.00 and gave the company an “underweight” rating in a research note on Tuesday, September 4th. ValuEngine downgraded shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Thursday, August 30th. Finally, William Blair downgraded shares of Abercrombie & Fitch from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 30th. Four analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have issued a buy rating to the company. Abercrombie & Fitch presently has a consensus rating of “Hold” and a consensus target price of $21.14.



Shares of ANF opened at $19.60 on Tuesday. Abercrombie & Fitch Co. has a twelve month low of $11.61 and a twelve month high of $29.69. The firm has a market capitalization of $1.30 billion, a PE ratio of 16.47, a PEG ratio of 1.70 and a beta of 0.45. The company has a current ratio of 2.25, a quick ratio of 1.43 and a debt-to-equity ratio of 0.26.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Thursday, August 30th. The apparel retailer reported $0.06 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.10. Abercrombie & Fitch had a net margin of 1.05% and a return on equity of 7.02%. The business had revenue of $842.41 million for the quarter, compared to the consensus estimate of $845.11 million. During the same quarter in the prior year, the firm posted ($0.16) earnings per share. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. On average, equities research analysts predict that Abercrombie & Fitch Co. will post 0.75 earnings per share for the current year.

Abercrombie & Fitch Profile

Abercrombie & Fitch Co, through its subsidiaries, operates as a specialty retailer. The Company operates in two segments, Hollister and Abercrombie. It offers apparel, intimates, personal care products, and accessories for men, women, and kids under the Hollister, Abercrombie & Fitch, abercrombie kids, and Gilly Hicks brand names.

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Institutional Ownership by Quarter for Abercrombie & Fitch (NYSE:ANF)

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