Atria Investments Inc Buys 80 Shares of Abercrombie & Fitch Co. (NYSE:ANF)

Atria Investments Inc lifted its position in shares of Abercrombie & Fitch Co. (NYSE:ANF) by 5.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,564 shares of the apparel retailer’s stock after acquiring an additional 80 shares during the period. Atria Investments Inc’s holdings in Abercrombie & Fitch were worth $219,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the business. Matrix Trust Co bought a new position in Abercrombie & Fitch in the 2nd quarter valued at approximately $35,000. Farther Finance Advisors LLC grew its stake in shares of Abercrombie & Fitch by 81.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 274 shares of the apparel retailer’s stock worth $38,000 after acquiring an additional 123 shares in the last quarter. Quarry LP boosted its position in Abercrombie & Fitch by 156.0% in the second quarter. Quarry LP now owns 279 shares of the apparel retailer’s stock worth $50,000 after purchasing an additional 170 shares during the last quarter. CWM LLC increased its position in shares of Abercrombie & Fitch by 242.6% during the 2nd quarter. CWM LLC now owns 531 shares of the apparel retailer’s stock valued at $94,000 after purchasing an additional 376 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in Abercrombie & Fitch by 39.2% during the third quarter. GAMMA Investing LLC now owns 788 shares of the apparel retailer’s stock worth $110,000 after buying an additional 222 shares during the last quarter.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ANF. Telsey Advisory Group reissued an “outperform” rating and set a $190.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday, September 11th. UBS Group raised their price target on Abercrombie & Fitch from $165.00 to $170.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Jefferies Financial Group boosted their price objective on Abercrombie & Fitch from $215.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. Morgan Stanley dropped their price objective on Abercrombie & Fitch from $155.00 to $147.00 and set an “equal weight” rating on the stock in a report on Thursday, August 29th. Finally, JPMorgan Chase & Co. upped their price target on Abercrombie & Fitch from $194.00 to $195.00 and gave the company an “overweight” rating in a research report on Friday, October 4th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Abercrombie & Fitch has an average rating of “Moderate Buy” and an average target price of $177.43.

Abercrombie & Fitch Price Performance

Shares of ANF opened at $151.99 on Friday. Abercrombie & Fitch Co. has a 1-year low of $72.13 and a 1-year high of $196.99. The company has a market capitalization of $7.76 billion, a P/E ratio of 16.10 and a beta of 1.50. The firm’s 50 day simple moving average is $142.72 and its 200 day simple moving average is $153.13.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings data on Wednesday, August 28th. The apparel retailer reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.14 by $0.36. Abercrombie & Fitch had a net margin of 10.76% and a return on equity of 47.35%. The firm had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.09 billion. On average, equities analysts anticipate that Abercrombie & Fitch Co. will post 10.35 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Scott D. Lipesky sold 9,000 shares of the business’s stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $146.80, for a total value of $1,321,200.00. Following the completion of the sale, the chief financial officer now owns 106,455 shares of the company’s stock, valued at approximately $15,627,594. The trade was a 7.80 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Helen Mccluskey sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $139.38, for a total value of $487,830.00. Following the transaction, the director now owns 37,470 shares in the company, valued at approximately $5,222,568.60. The trade was a 8.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 31,541 shares of company stock valued at $4,310,256 over the last 90 days. Insiders own 2.58% of the company’s stock.

Abercrombie & Fitch Company Profile

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