Thrivent Financial for Lutherans Has $1.68 Million Position in Abercrombie & Fitch Co. (NYSE:ANF)

Thrivent Financial for Lutherans cut its holdings in Abercrombie & Fitch Co. (NYSE:ANF) by 71.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,006 shares of the apparel retailer’s stock after selling 30,414 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Abercrombie & Fitch were worth $1,680,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ANF. Wolff Wiese Magana LLC increased its holdings in shares of Abercrombie & Fitch by 6.5% during the 3rd quarter. Wolff Wiese Magana LLC now owns 1,070 shares of the apparel retailer’s stock valued at $150,000 after acquiring an additional 65 shares during the last quarter. Chartwell Investment Partners LLC raised its position in shares of Abercrombie & Fitch by 0.8% in the third quarter. Chartwell Investment Partners LLC now owns 9,445 shares of the apparel retailer’s stock valued at $1,322,000 after purchasing an additional 74 shares during the period. Atria Investments Inc lifted its stake in shares of Abercrombie & Fitch by 5.4% in the third quarter. Atria Investments Inc now owns 1,564 shares of the apparel retailer’s stock worth $219,000 after buying an additional 80 shares during the last quarter. Sage Rhino Capital LLC lifted its stake in shares of Abercrombie & Fitch by 5.5% in the second quarter. Sage Rhino Capital LLC now owns 1,695 shares of the apparel retailer’s stock worth $301,000 after buying an additional 89 shares during the last quarter. Finally, Ritholtz Wealth Management grew its stake in Abercrombie & Fitch by 3.6% in the 2nd quarter. Ritholtz Wealth Management now owns 3,277 shares of the apparel retailer’s stock valued at $583,000 after buying an additional 115 shares during the last quarter.

Insider Buying and Selling

In other Abercrombie & Fitch news, Director Helen Mccluskey sold 3,500 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $139.38, for a total transaction of $487,830.00. Following the completion of the sale, the director now directly owns 37,470 shares of the company’s stock, valued at approximately $5,222,568.60. The trade was a 8.54 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Samir Desai sold 19,041 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $131.36, for a total transaction of $2,501,225.76. Following the sale, the executive vice president now directly owns 27,985 shares of the company’s stock, valued at approximately $3,676,109.60. This trade represents a 40.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.58% of the stock is owned by corporate insiders.

Abercrombie & Fitch Price Performance

Shares of NYSE:ANF opened at $149.56 on Friday. The business’s fifty day moving average price is $143.82 and its two-hundred day moving average price is $153.51. Abercrombie & Fitch Co. has a fifty-two week low of $75.18 and a fifty-two week high of $196.99. The stock has a market capitalization of $7.64 billion, a price-to-earnings ratio of 14.75 and a beta of 1.50.

Abercrombie & Fitch (NYSE:ANF) last posted its earnings results on Tuesday, November 26th. The apparel retailer reported $2.50 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.19. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the prior year, the firm earned $1.83 EPS. The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. Research analysts expect that Abercrombie & Fitch Co. will post 10.49 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently commented on ANF. Morgan Stanley lifted their target price on shares of Abercrombie & Fitch from $147.00 to $149.00 and gave the stock an “equal weight” rating in a report on Wednesday. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $190.00 target price on shares of Abercrombie & Fitch in a report on Tuesday. Jefferies Financial Group upped their price target on Abercrombie & Fitch from $215.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, September 4th. UBS Group increased their price objective on Abercrombie & Fitch from $170.00 to $173.00 and gave the company a “neutral” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. boosted their target price on shares of Abercrombie & Fitch from $194.00 to $195.00 and gave the stock an “overweight” rating in a research report on Friday, October 4th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $178.14.

Abercrombie & Fitch 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.