Savant Capital LLC Has $479,000 Stock Position in Abercrombie & Fitch Co. (NYSE:ANF)

Savant Capital LLC lifted its stake in Abercrombie & Fitch Co. (NYSE:ANF) by 6.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,205 shares of the apparel retailer’s stock after purchasing an additional 208 shares during the quarter. Savant Capital LLC’s holdings in Abercrombie & Fitch were worth $479,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Kestra Private Wealth Services LLC boosted its position in Abercrombie & Fitch by 27.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 4,163 shares of the apparel retailer’s stock worth $622,000 after acquiring an additional 891 shares during the period. Empirical Finance LLC boosted its position in Abercrombie & Fitch by 87.2% during the 4th quarter. Empirical Finance LLC now owns 8,818 shares of the apparel retailer’s stock worth $1,318,000 after acquiring an additional 4,108 shares during the period. Empowered Funds LLC boosted its position in Abercrombie & Fitch by 108.9% during the 4th quarter. Empowered Funds LLC now owns 124,115 shares of the apparel retailer’s stock worth $18,551,000 after acquiring an additional 64,708 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its position in Abercrombie & Fitch by 123.5% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,800 shares of the apparel retailer’s stock worth $568,000 after acquiring an additional 2,100 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Abercrombie & Fitch during the 4th quarter worth about $12,406,000.

Abercrombie & Fitch Stock Performance

Shares of ANF stock opened at $111.82 on Monday. The stock’s 50 day simple moving average is $135.46 and its 200 day simple moving average is $141.96. Abercrombie & Fitch Co. has a twelve month low of $106.10 and a twelve month high of $196.99. The company has a market capitalization of $5.63 billion, a price-to-earnings ratio of 11.06 and a beta of 1.49.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Tuesday, November 26th. The apparel retailer reported $2.50 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.18. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period last year, the business earned $1.83 EPS. The firm’s revenue was up 14.4% compared to the same quarter last year. On average, analysts forecast that Abercrombie & Fitch Co. will post 10.64 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on ANF shares. Morgan Stanley decreased their price objective on Abercrombie & Fitch from $149.00 to $139.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 15th. UBS Group upgraded Abercrombie & Fitch from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $173.00 to $220.00 in a research report on Friday, January 10th. Raymond James reduced their price target on Abercrombie & Fitch from $180.00 to $165.00 and set an “outperform” rating for the company in a report on Tuesday, January 14th. JPMorgan Chase & Co. lifted their price target on Abercrombie & Fitch from $201.00 to $204.00 and gave the company an “overweight” rating in a report on Friday, December 20th. Finally, StockNews.com upgraded Abercrombie & Fitch from a “hold” rating to a “buy” rating in a report on Monday, January 13th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Abercrombie & Fitch presently has a consensus rating of “Moderate Buy” and a consensus target price of $182.25.

Insider Activity at Abercrombie & Fitch

In related news, COO Scott D. Lipesky sold 8,605 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $150.20, for a total value of $1,292,471.00. Following the transaction, the chief operating officer now directly owns 97,850 shares of the company’s stock, valued at approximately $14,697,070. This trade represents a 8.08 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Samir Desai sold 5,926 shares of Abercrombie & Fitch stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $148.51, for a total value of $880,070.26. Following the completion of the transaction, the executive vice president now directly owns 22,059 shares in the company, valued at approximately $3,275,982.09. This represents a 21.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 17,401 shares of company stock valued at $2,631,741. Corporate insiders own 2.58% of the company’s stock.

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.