Tiffany & Co. (NYSE:TIF) has been given a consensus rating of “Hold” by the twenty-one brokerages that are currently covering the company, Marketbeat Ratings reports. Eleven research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $98.33.

A number of research firms have issued reports on TIF. Oppenheimer reissued a “buy” rating on shares of Tiffany & Co. in a research note on Wednesday, November 22nd. Zacks Investment Research raised Tiffany & Co. from a “hold” rating to a “buy” rating and set a $100.00 target price for the company in a research note on Monday, August 14th. BidaskClub cut Tiffany & Co. from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 10th. Susquehanna Bancshares began coverage on Tiffany & Co. in a research note on Thursday, November 2nd. They issued a “neutral” rating and a $100.00 target price for the company. Finally, Cowen set a $102.00 target price on Tiffany & Co. and gave the company a “buy” rating in a research note on Thursday.

In other news, Director Francesco Trapani purchased 25,000 shares of the business’s stock in a transaction dated Tuesday, September 26th. The shares were bought at an average cost of $89.34 per share, for a total transaction of $2,233,500.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert S. Singer bought 1,000 shares of the company’s stock in a transaction that occurred on Monday, September 25th. The shares were bought at an average price of $88.13 per share, for a total transaction of $88,130.00. The disclosure for this purchase can be found here. Insiders own 1.40% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TIF. US Bancorp DE raised its holdings in Tiffany & Co. by 24.0% during the second quarter. US Bancorp DE now owns 10,895 shares of the specialty retailer’s stock worth $1,022,000 after acquiring an additional 2,106 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Tiffany & Co. by 12.6% during the second quarter. Russell Investments Group Ltd. now owns 98,715 shares of the specialty retailer’s stock worth $9,268,000 after acquiring an additional 11,037 shares in the last quarter. Strs Ohio raised its holdings in Tiffany & Co. by 53.5% during the second quarter. Strs Ohio now owns 21,971 shares of the specialty retailer’s stock worth $2,062,000 after acquiring an additional 7,662 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Tiffany & Co. by 1.7% during the second quarter. Janney Montgomery Scott LLC now owns 6,619 shares of the specialty retailer’s stock worth $621,000 after acquiring an additional 113 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D bought a new stake in Tiffany & Co. during the second quarter worth about $1,408,000. Institutional investors and hedge funds own 81.03% of the company’s stock.

Tiffany & Co. (TIF) opened at $97.25 on Monday. Tiffany & Co. has a 52 week low of $76.08 and a 52 week high of $98.58. The company has a quick ratio of 2.29, a current ratio of 5.44 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $12,085.94, a PE ratio of 24.87, a price-to-earnings-growth ratio of 2.27 and a beta of 1.94.

Tiffany & Co. (NYSE:TIF) last posted its earnings results on Wednesday, November 29th. The specialty retailer reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.04. Tiffany & Co. had a return on equity of 15.77% and a net margin of 11.46%. The firm had revenue of $976.20 million during the quarter, compared to analysts’ expectations of $957.18 million. During the same period in the previous year, the firm earned $0.76 earnings per share. The company’s revenue was up 2.8% on a year-over-year basis. equities research analysts predict that Tiffany & Co. will post 3.98 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 10th. Stockholders of record on Wednesday, December 20th will be issued a $0.50 dividend. The ex-dividend date is Tuesday, December 19th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.06%. Tiffany & Co.’s dividend payout ratio (DPR) is 53.76%.

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About Tiffany & Co.

Tiffany & Co is a holding company that operates through its subsidiary companies. The Company’s principal subsidiary, Tiffany and Company (Tiffany), is a jeweler and specialty retailer. The Company’s segments include Americas, Asia-Pacific, Japan, Europe and Other. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO.

Analyst Recommendations for Tiffany & Co. (NYSE:TIF)

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