Texas Permanent School Fund Has $626,000 Position in Abercrombie & Fitch Co. (NYSE:ANF)

Texas Permanent School Fund reduced its holdings in shares of Abercrombie & Fitch Co. (NYSE:ANFGet Rating) by 7.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,027 shares of the apparel retailer’s stock after selling 3,025 shares during the period. Texas Permanent School Fund owned 0.07% of Abercrombie & Fitch worth $626,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ANF. Nisa Investment Advisors LLC acquired a new stake in Abercrombie & Fitch during the 1st quarter worth about $91,000. State of New Jersey Common Pension Fund D grew its holdings in Abercrombie & Fitch by 7.3% during the 1st quarter. State of New Jersey Common Pension Fund D now owns 66,680 shares of the apparel retailer’s stock worth $2,133,000 after acquiring an additional 4,529 shares during the period. Versor Investments LP grew its holdings in Abercrombie & Fitch by 52.6% during the 1st quarter. Versor Investments LP now owns 9,782 shares of the apparel retailer’s stock worth $313,000 after acquiring an additional 3,372 shares during the period. Envestnet Asset Management Inc. grew its holdings in Abercrombie & Fitch by 20.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 16,951 shares of the apparel retailer’s stock worth $542,000 after acquiring an additional 2,919 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in Abercrombie & Fitch by 26.8% during the 1st quarter. Victory Capital Management Inc. now owns 753,586 shares of the apparel retailer’s stock worth $24,178,000 after acquiring an additional 159,154 shares during the period. 95.22% of the stock is currently owned by institutional investors and hedge funds.

Abercrombie & Fitch Price Performance

Abercrombie & Fitch stock opened at $18.63 on Tuesday. Abercrombie & Fitch Co. has a 52 week low of $14.02 and a 52 week high of $47.55. The company’s 50 day moving average price is $16.81 and its two-hundred day moving average price is $18.92. The company has a quick ratio of 0.58, a current ratio of 1.32 and a debt-to-equity ratio of 0.45. The stock has a market cap of $921.33 million, a P/E ratio of 15.02 and a beta of 1.37.

Abercrombie & Fitch (NYSE:ANFGet Rating) last posted its earnings results on Thursday, August 25th. The apparel retailer reported ($0.30) EPS for the quarter, missing the consensus estimate of $0.23 by ($0.53). Abercrombie & Fitch had a return on equity of 11.57% and a net margin of 2.16%. The firm had revenue of $805.90 million for the quarter, compared to the consensus estimate of $843.56 million. During the same period in the prior year, the business earned $1.70 EPS. Abercrombie & Fitch’s quarterly revenue was down 6.8% compared to the same quarter last year. On average, equities analysts predict that Abercrombie & Fitch Co. will post 0.01 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently commented on ANF shares. JPMorgan Chase & Co. reduced their target price on Abercrombie & Fitch from $20.00 to $17.00 and set a “neutral” rating for the company in a research note on Monday, October 31st. B. Riley reduced their target price on Abercrombie & Fitch from $35.00 to $30.00 in a research note on Tuesday, August 16th. Citigroup reduced their target price on Abercrombie & Fitch from $21.00 to $19.00 in a research note on Wednesday, August 31st. Telsey Advisory Group reduced their target price on Abercrombie & Fitch from $30.00 to $25.00 and set an “outperform” rating for the company in a research note on Friday, August 26th. Finally, StockNews.com initiated coverage on Abercrombie & Fitch in a research note on Wednesday, October 12th. They set a “hold” rating for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Abercrombie & Fitch presently has a consensus rating of “Hold” and a consensus target price of $21.17.

Abercrombie & Fitch Profile

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Abercrombie & Fitch Co, through its subsidiaries, operates as a specialty retailer. The company operates in two segments, Hollister and Abercrombie. It offers an assortment of apparel, personal care products, and accessories for men, women, and children under the Hollister, Abercrombie & Fitch, abercrombie kids, Moose, Seagull, Gilly Hicks, and Social Tourist brands.

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

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