Abercrombie & Fitch Company (NYSE:ANF) Position Raised by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC raised its position in shares of Abercrombie & Fitch Company (NYSE:ANF) by 68.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 40,600 shares of the apparel retailer’s stock after buying an additional 16,500 shares during the period. Nisa Investment Advisors LLC’s holdings in Abercrombie & Fitch were worth $535,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of the stock. BlackRock Inc. boosted its position in Abercrombie & Fitch by 43,958.0% in the first quarter. BlackRock Inc. now owns 8,373,671 shares of the apparel retailer’s stock worth $99,898,000 after buying an additional 8,354,665 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Abercrombie & Fitch by 2.9% in the first quarter. Vanguard Group Inc. now owns 6,076,778 shares of the apparel retailer’s stock worth $72,496,000 after buying an additional 171,376 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Abercrombie & Fitch by 0.8% in the first quarter. Dimensional Fund Advisors LP now owns 5,686,072 shares of the apparel retailer’s stock worth $67,836,000 after buying an additional 42,429 shares during the period. State Street Corp raised its stake in shares of Abercrombie & Fitch by 11.0% in the first quarter. State Street Corp now owns 3,297,400 shares of the apparel retailer’s stock worth $39,340,000 after buying an additional 326,288 shares during the period. Finally, Paradice Investment Management LLC raised its stake in shares of Abercrombie & Fitch by 17.7% in the first quarter. Paradice Investment Management LLC now owns 1,826,380 shares of the apparel retailer’s stock worth $21,789,000 after buying an additional 275,015 shares during the period.

Abercrombie & Fitch Company (NYSE ANF) traded down 2.58% during trading on Thursday, reaching $9.81. The company had a trading volume of 875,079 shares. Abercrombie & Fitch Company has a 1-year low of $8.81 and a 1-year high of $23.29. The stock’s market capitalization is $667.24 million. The firm has a 50-day moving average of $10.57 and a 200-day moving average of $11.72.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings data on Thursday, May 25th. The apparel retailer reported ($0.91) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.70) by $0.21. Abercrombie & Fitch had a negative net margin of 0.55% and a negative return on equity of 1.26%. The business had revenue of $661.10 million during the quarter, compared to analysts’ expectations of $651.25 million. During the same period in the prior year, the firm posted ($0.53) EPS. Abercrombie & Fitch’s revenue for the quarter was down 3.6% compared to the same quarter last year. On average, analysts anticipate that Abercrombie & Fitch Company will post ($0.30) EPS for the current fiscal year.

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A number of equities research analysts have weighed in on the company. Deutsche Bank AG decreased their target price on Abercrombie & Fitch to $9.00 and set a “sell” rating for the company in a research report on Monday, July 10th. TheStreet lowered Abercrombie & Fitch from a “c-” rating to a “d+” rating in a research report on Thursday, June 15th. Vetr lowered Abercrombie & Fitch from a “buy” rating to a “hold” rating and set a $12.58 target price for the company. in a research report on Monday, May 1st. Royal Bank Of Canada set a $12.00 target price on Abercrombie & Fitch and gave the company a “sell” rating in a research report on Saturday, May 13th. Finally, Zacks Investment Research raised Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 2nd. Eleven research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Abercrombie & Fitch has an average rating of “Hold” and an average price target of $13.85.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co is a specialty retailer who primarily sells its products through store and direct-to-consumer operations, as well as through various wholesale, franchise and licensing arrangements. The Company operates through two segments: Abercrombie, which includes the Company’s Abercrombie & Fitch and abercrombie kids brands, and Hollister, which includes the Company’s Hollister and Gilly Hicks brands.

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

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