Jay Rust Sells 786 Shares of Abercrombie & Fitch Co. (NYSE:ANF) Stock

Abercrombie & Fitch Co. (NYSE:ANFGet Free Report) EVP Jay Rust sold 786 shares of the company’s stock in a transaction on Friday, March 8th. The shares were sold at an average price of $125.41, for a total value of $98,572.26. Following the sale, the executive vice president now owns 1,014 shares of the company’s stock, valued at approximately $127,165.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Abercrombie & Fitch Price Performance

Shares of ANF stock traded down $2.13 during trading hours on Monday, hitting $116.51. The stock had a trading volume of 2,272,227 shares, compared to its average volume of 1,693,922. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.59 and a quick ratio of 1.10. The stock has a market capitalization of $5.87 billion, a price-to-earnings ratio of 18.73 and a beta of 1.59. Abercrombie & Fitch Co. has a one year low of $21.74 and a one year high of $140.28. The stock’s 50-day moving average price is $110.34 and its two-hundred day moving average price is $81.83.

Abercrombie & Fitch (NYSE:ANFGet Free Report) last released its quarterly earnings data on Wednesday, March 6th. The apparel retailer reported $2.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.83 by $0.14. The business had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.43 billion. Abercrombie & Fitch had a return on equity of 38.80% and a net margin of 7.67%. The company’s revenue was up 21.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS. Equities analysts forecast that Abercrombie & Fitch Co. will post 6.86 EPS for the current year.

Hedge Funds Weigh In On Abercrombie & Fitch

Several institutional investors have recently bought and sold shares of the business. Virtu Financial LLC bought a new stake in shares of Abercrombie & Fitch in the 4th quarter valued at approximately $1,968,000. Price T Rowe Associates Inc. MD lifted its position in Abercrombie & Fitch by 1,057.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 312,762 shares of the apparel retailer’s stock worth $27,593,000 after buying an additional 285,734 shares during the last quarter. Virtue Capital Management LLC purchased a new position in Abercrombie & Fitch during the fourth quarter worth $735,000. Hanseatic Management Services Inc. increased its position in Abercrombie & Fitch by 16.6% during the fourth quarter. Hanseatic Management Services Inc. now owns 10,327 shares of the apparel retailer’s stock valued at $911,000 after acquiring an additional 1,471 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in Abercrombie & Fitch by 1.0% during the 4th quarter. Legal & General Group Plc now owns 148,080 shares of the apparel retailer’s stock valued at $13,064,000 after purchasing an additional 1,443 shares during the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ANF shares. Telsey Advisory Group reaffirmed an “outperform” rating and set a $152.00 price target (up previously from $140.00) on shares of Abercrombie & Fitch in a research report on Wednesday, March 6th. Citigroup increased their price target on shares of Abercrombie & Fitch from $100.00 to $127.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 27th. Morgan Stanley boosted their price objective on shares of Abercrombie & Fitch from $81.00 to $103.00 and gave the company an “equal weight” rating in a research report on Thursday. StockNews.com raised Abercrombie & Fitch from a “hold” rating to a “buy” rating in a report on Tuesday, November 14th. Finally, Jefferies Financial Group boosted their price target on Abercrombie & Fitch from $149.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Abercrombie & Fitch presently has an average rating of “Moderate Buy” and a consensus target price of $110.00.

View Our Latest Analysis on ANF

Abercrombie & Fitch Company Profile

(Get Free Report)

Abercrombie & Fitch Co, through its subsidiaries, operates as a specialty retailer in the United States, Europe, the Middle East, Asia, the Asia-Pacific, Canada, and internationally. The company operates through two segments, Hollister and Abercrombie. It offers an assortment of apparel, personal care products, and accessories for men, women, and kids under the Hollister, Gilly Hicks, Social Tourist, Abercrombie & Fitch, and abercrombie kids brands.

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Insider Buying and Selling by Quarter for Abercrombie & Fitch (NYSE:ANF)

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