Tiffany & Co. (TIF) Director Robert S. Singer Purchases 2,000 Shares

Tiffany & Co. (NYSE:TIF) Director Robert S. Singer purchased 2,000 shares of the company’s stock in a transaction on Friday, February 9th. The shares were bought at an average cost of $99.49 per share, with a total value of $198,980.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Shares of Tiffany & Co. (TIF) traded up $0.23 during trading hours on Tuesday, hitting $100.96. The stock had a trading volume of 893,575 shares, compared to its average volume of 1,559,122. The stock has a market capitalization of $12,550.00, a P/E ratio of 27.07, a P/E/G ratio of 2.14 and a beta of 1.80. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.09 and a current ratio of 5.44. Tiffany & Co. has a twelve month low of $81.23 and a twelve month high of $111.44.

Tiffany & Co. (NYSE:TIF) last announced its quarterly earnings data on Wednesday, November 29th. The specialty retailer reported $0.80 EPS for the quarter, beating the Zacks’ consensus estimate of $0.76 by $0.04. The business had revenue of $976.20 million during the quarter, compared to the consensus estimate of $957.18 million. Tiffany & Co. had a return on equity of 15.77% and a net margin of 11.46%. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.76 earnings per share. research analysts forecast that Tiffany & Co. will post 4.08 earnings per share for the current year.

Large investors have recently made changes to their positions in the company. Calton & Associates Inc. purchased a new stake in shares of Tiffany & Co. in the fourth quarter valued at $118,000. Denali Advisors LLC acquired a new position in Tiffany & Co. in the fourth quarter valued at $125,000. Sawyer & Company Inc acquired a new position in Tiffany & Co. in the fourth quarter valued at $130,000. QS Investors LLC boosted its holdings in Tiffany & Co. by 8.2% in the second quarter. QS Investors LLC now owns 1,363 shares of the specialty retailer’s stock valued at $128,000 after acquiring an additional 103 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Tiffany & Co. by 103.1% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,373 shares of the specialty retailer’s stock valued at $143,000 after acquiring an additional 697 shares during the last quarter. 81.83% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have weighed in on TIF shares. Citigroup raised Tiffany & Co. from a “neutral” rating to a “buy” rating and raised their price target for the stock from $92.00 to $115.00 in a research report on Thursday, December 14th. Cowen set a $102.00 price target on Tiffany & Co. and gave the stock a “buy” rating in a research report on Thursday, November 30th. Oppenheimer reissued a “buy” rating and set a $105.00 price target on shares of Tiffany & Co. in a research report on Wednesday, November 29th. Zacks Investment Research raised Tiffany & Co. from a “hold” rating to a “buy” rating and set a $104.00 price target for the company in a research report on Monday, November 27th. Finally, Royal Bank of Canada set a $94.00 price target on Tiffany & Co. and gave the stock a “hold” rating in a research report on Thursday, November 30th. Ten analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $102.00.

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Tiffany & Co. Company Profile

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.

Insider Buying and Selling by Quarter for Tiffany & Co. (NYSE:TIF)

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