Abercrombie & Fitch Co. (NYSE:ANF) Position Cut by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its stake in Abercrombie & Fitch Co. (NYSE:ANF) by 3.2% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 1,253,174 shares of the apparel retailer’s stock after selling 41,008 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Abercrombie & Fitch were worth $20,104,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Optimum Investment Advisors bought a new stake in Abercrombie & Fitch in the first quarter valued at $27,000. Investors Research Corp bought a new stake in Abercrombie & Fitch in the first quarter valued at $130,000. CIBC World Markets Inc. bought a new stake in Abercrombie & Fitch in the first quarter valued at $216,000. DekaBank Deutsche Girozentrale bought a new stake in Abercrombie & Fitch in the first quarter valued at $171,000. Finally, Juncture Wealth Strategies LLC bought a new stake in Abercrombie & Fitch in the first quarter valued at $235,000.

A number of equities research analysts have issued reports on the company. B. Riley set a $26.00 target price on Abercrombie & Fitch and gave the company a “hold” rating in a research note on Wednesday, June 5th. ValuEngine upgraded shares of Abercrombie & Fitch from a “sell” rating to a “hold” rating in a research note on Friday. TheStreet cut shares of Abercrombie & Fitch from a “b-” rating to a “c+” rating in a research note on Monday, June 17th. Zacks Investment Research upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a research note on Tuesday, May 21st. Finally, Argus cut shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Friday, May 31st. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the company. Abercrombie & Fitch currently has an average rating of “Hold” and an average price target of $22.33.

Shares of NYSE ANF traded up $0.72 during midday trading on Friday, reaching $17.53. 3,052,636 shares of the company traded hands, compared to its average volume of 2,461,135. Abercrombie & Fitch Co. has a 52 week low of $14.66 and a 52 week high of $30.63. The stock’s 50-day moving average is $17.16. The company has a current ratio of 1.64, a quick ratio of 1.04 and a debt-to-equity ratio of 1.32. The firm has a market capitalization of $1.10 billion, a P/E ratio of 11.59, a price-to-earnings-growth ratio of 1.24 and a beta of 0.89.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Wednesday, May 29th. The apparel retailer reported ($0.29) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.14. The business had revenue of $733.97 million for the quarter, compared to analysts’ expectations of $730.79 million. Abercrombie & Fitch had a net margin of 2.76% and a return on equity of 8.73%. The company’s revenue was up .4% on a year-over-year basis. During the same period in the previous year, the business earned ($0.56) earnings per share. As a group, equities analysts anticipate that Abercrombie & Fitch Co. will post 0.89 earnings per share for the current fiscal year.

Abercrombie & Fitch Profile

Abercrombie & Fitch Co, through its subsidiaries, operates as a specialty retailer. The Company operates in two segments, Hollister and Abercrombie. It offers apparel, personal care products, intimates, and accessories for men, women, and children under the Hollister, Abercrombie & Fitch, abercrombie kids, and Gilly Hicks brands.

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

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