Dimensional Fund Advisors LP boosted its holdings in shares of Abercrombie & Fitch Co. (NYSE:ANF) by 0.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,705,936 shares of the apparel retailer’s stock after purchasing an additional 23,841 shares during the period. Dimensional Fund Advisors LP owned about 8.55% of Abercrombie & Fitch worth $120,509,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Tower Research Capital LLC TRC bought a new position in shares of Abercrombie & Fitch in the second quarter valued at approximately $190,000. Kessler Investment Group LLC bought a new position in shares of Abercrombie & Fitch in the third quarter valued at approximately $191,000. AMP Capital Investors Ltd bought a new position in shares of Abercrombie & Fitch in the second quarter valued at approximately $259,000. CSat Investment Advisory L.P. bought a new position in shares of Abercrombie & Fitch in the second quarter valued at approximately $264,000. Finally, USA Financial Portformulas Corp bought a new position in shares of Abercrombie & Fitch in the third quarter valued at approximately $278,000.
ANF stock opened at $18.76 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.19 and a quick ratio of 1.22. Abercrombie & Fitch Co. has a fifty-two week low of $15.28 and a fifty-two week high of $29.69. The company has a market capitalization of $1.29 billion, a P/E ratio of 15.97, a P/E/G ratio of 1.69 and a beta of 0.52.
Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings data on Thursday, November 29th. The apparel retailer reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.13. Abercrombie & Fitch had a net margin of 1.43% and a return on equity of 7.23%. The firm had revenue of $861.00 million during the quarter, compared to analysts’ expectations of $856.34 million. During the same quarter in the previous year, the company posted $0.30 EPS. Abercrombie & Fitch’s revenue was up .2% on a year-over-year basis. As a group, sell-side analysts forecast that Abercrombie & Fitch Co. will post 0.91 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 17th. Investors of record on Friday, December 7th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.26%. The ex-dividend date of this dividend is Thursday, December 6th. Abercrombie & Fitch’s dividend payout ratio (DPR) is presently 123.08%.
In related news, Director Kerrii B. Anderson acquired 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 4th. The stock was purchased at an average price of $19.72 per share, for a total transaction of $39,440.00. Following the transaction, the director now directly owns 6,686 shares of the company’s stock, valued at approximately $131,847.92. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.95% of the company’s stock.
ANF has been the subject of a number of research analyst reports. ValuEngine cut shares of Abercrombie & Fitch from a “hold” rating to a “sell” rating in a research note on Tuesday, November 20th. JPMorgan Chase & Co. lifted their target price on shares of Abercrombie & Fitch to $19.00 and gave the company an “underweight” rating in a research note on Friday, August 31st. Zacks Investment Research cut shares of Abercrombie & Fitch from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 22nd. William Blair cut shares of Abercrombie & Fitch from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 30th. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $23.00 target price (up previously from $20.00) on shares of Abercrombie & Fitch in a research note on Friday, November 30th. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $20.94.
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, intimates, personal care products, and accessories for men, women, and kids under the Hollister, Abercrombie & Fitch, abercrombie kids, and Gilly Hicks brand names.
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