Teacher Retirement System of Texas Buys 1,221 Shares of Abercrombie & Fitch Co. (NYSE:ANF)

Teacher Retirement System of Texas increased its stake in shares of Abercrombie & Fitch Co. (NYSE:ANF) by 17.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,202 shares of the apparel retailer’s stock after acquiring an additional 1,221 shares during the quarter. Teacher Retirement System of Texas’ holdings in Abercrombie & Fitch were worth $381,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of ANF. BlackRock Inc. grew its position in Abercrombie & Fitch by 6.9% during the 1st quarter. BlackRock Inc. now owns 10,195,022 shares of the apparel retailer’s stock worth $349,792,000 after acquiring an additional 655,812 shares during the last quarter. Contrarius Investment Management Ltd grew its position in Abercrombie & Fitch by 155.1% during the 1st quarter. Contrarius Investment Management Ltd now owns 1,077,750 shares of the apparel retailer’s stock worth $36,978,000 after acquiring an additional 655,285 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Abercrombie & Fitch by 1,422.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 606,919 shares of the apparel retailer’s stock worth $20,823,000 after acquiring an additional 567,066 shares during the last quarter. Victory Capital Management Inc. grew its position in shares of Abercrombie & Fitch by 1,253.5% in the 2nd quarter. Victory Capital Management Inc. now owns 435,399 shares of the apparel retailer’s stock worth $20,215,000 after buying an additional 403,230 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC grew its position in shares of Abercrombie & Fitch by 449.0% in the 1st quarter. Schonfeld Strategic Advisors LLC now owns 402,388 shares of the apparel retailer’s stock worth $13,807,000 after buying an additional 329,088 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

In other Abercrombie & Fitch news, Director Suzanne M. Coulter bought 700 shares of Abercrombie & Fitch stock in a transaction on Friday, August 27th. The stock was acquired at an average price of $35.93 per share, with a total value of $25,151.00. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Kerrii B. Anderson bought 1,000 shares of Abercrombie & Fitch stock in a transaction on Thursday, September 2nd. The stock was acquired at an average cost of $35.17 per share, with a total value of $35,170.00. The disclosure for this purchase can be found here. 2.20% of the stock is currently owned by insiders.

Shares of NYSE:ANF opened at $35.08 on Wednesday. The stock has a fifty day simple moving average of $38.13 and a two-hundred day simple moving average of $38.44. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 8.23, a PEG ratio of 0.45 and a beta of 1.83. Abercrombie & Fitch Co. has a 12-month low of $13.70 and a 12-month high of $47.29. The company has a current ratio of 1.69, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings data on Wednesday, August 25th. The apparel retailer reported $1.70 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.93. The business had revenue of $864.85 million during the quarter, compared to analysts’ expectations of $879.21 million. Abercrombie & Fitch had a return on equity of 32.06% and a net margin of 7.66%. The firm’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.23 earnings per share. As a group, equities research analysts predict that Abercrombie & Fitch Co. will post 4.4 EPS for the current year.

A number of equities research analysts have recently weighed in on ANF shares. Telsey Advisory Group lifted their price objective on Abercrombie & Fitch from $48.00 to $55.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 25th. Argus upgraded Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research report on Tuesday, June 8th. Morgan Stanley lifted their price objective on Abercrombie & Fitch from $22.00 to $31.00 and gave the stock an “underweight” rating in a research report on Friday, June 4th. B. Riley lifted their price objective on Abercrombie & Fitch from $46.00 to $48.00 and gave the stock a “buy” rating in a research report on Thursday, May 27th. Finally, UBS Group lifted their price objective on Abercrombie & Fitch from $50.00 to $64.00 and gave the stock a “buy” rating in a research report on Thursday, May 27th. Two analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Abercrombie & Fitch currently has an average rating of “Hold” and an average target price of $42.00.

Abercrombie & Fitch Company Profile

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.

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

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