180 Wealth Advisors LLC acquired a new position in shares of Abercrombie & Fitch Company (NYSE:ANF – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,847 shares of the apparel retailer’s stock, valued at approximately $236,000.
A number of other institutional investors also recently made changes to their positions in the company. AQR Capital Management LLC boosted its holdings in shares of Abercrombie & Fitch by 198.2% during the first quarter. AQR Capital Management LLC now owns 1,955,927 shares of the apparel retailer’s stock worth $144,582,000 after acquiring an additional 1,300,070 shares during the period. American Century Companies Inc. boosted its holdings in shares of Abercrombie & Fitch by 18.5% during the first quarter. American Century Companies Inc. now owns 806,980 shares of the apparel retailer’s stock worth $61,629,000 after acquiring an additional 126,050 shares during the period. Jupiter Asset Management Ltd. boosted its holdings in shares of Abercrombie & Fitch by 0.8% during the first quarter. Jupiter Asset Management Ltd. now owns 621,234 shares of the apparel retailer’s stock worth $47,444,000 after acquiring an additional 5,006 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of Abercrombie & Fitch by 5.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 549,081 shares of the apparel retailer’s stock worth $41,934,000 after acquiring an additional 28,379 shares during the period. Finally, Pacer Advisors Inc. boosted its holdings in shares of Abercrombie & Fitch by 3,113.1% during the first quarter. Pacer Advisors Inc. now owns 506,088 shares of the apparel retailer’s stock worth $38,650,000 after acquiring an additional 490,337 shares during the period.
Abercrombie & Fitch Price Performance
Shares of ANF opened at $70.47 on Friday. Abercrombie & Fitch Company has a one year low of $65.40 and a one year high of $164.80. The company has a market cap of $3.32 billion, a P/E ratio of 6.67 and a beta of 1.45. The firm has a 50 day simple moving average of $85.47 and a two-hundred day simple moving average of $83.68.
Insider Transactions at Abercrombie & Fitch
In other news, Director Kenneth B. Robinson sold 1,392 shares of the company’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $94.60, for a total transaction of $131,683.20. Following the completion of the transaction, the director directly owned 5,880 shares in the company, valued at approximately $556,248. This represents a 19.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jay Rust sold 1,500 shares of the company’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $93.15, for a total transaction of $139,725.00. Following the transaction, the executive vice president owned 6,648 shares of the company’s stock, valued at $619,261.20. This trade represents a 18.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,964 shares of company stock worth $759,233. Corporate insiders own 2.29% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the company. Raymond James Financial set a $105.00 price target on Abercrombie & Fitch and gave the company an “outperform” rating in a research note on Thursday, August 28th. Morgan Stanley set a $93.00 price target on Abercrombie & Fitch in a research note on Thursday, August 28th. BTIG Research assumed coverage on Abercrombie & Fitch in a research note on Thursday, September 18th. They issued a “buy” rating and a $120.00 price target for the company. Telsey Advisory Group reiterated an “outperform” rating and issued a $125.00 price target on shares of Abercrombie & Fitch in a research note on Friday, September 12th. Finally, Citigroup reiterated a “neutral” rating and issued a $105.00 price target on shares of Abercrombie & Fitch in a research note on Wednesday, August 20th. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $111.11.
Get Our Latest Stock Report on Abercrombie & Fitch
About Abercrombie & Fitch
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.
See Also
- Five stocks we like better than Abercrombie & Fitch
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Tractor Supply Stock Looks Like a Buy-and-Hold Winner
- How to Invest in Small Cap StocksĀ
- 3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound
- Large Cap Stock Definition and How to Invest
- Big Banks Are Setting the Tone as Earnings Season Kicks Off
Want to see what other hedge funds are holding ANF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Abercrombie & Fitch Company (NYSE:ANF – Free Report).
Receive News & Ratings for Abercrombie & Fitch Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abercrombie & Fitch and related companies with MarketBeat.com's FREE daily email newsletter.
