180 Wealth Advisors LLC Buys 6,126 Shares of Abercrombie & Fitch Company $ANF

180 Wealth Advisors LLC lifted its stake in Abercrombie & Fitch Company (NYSE:ANF) by 215.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 8,973 shares of the apparel retailer’s stock after buying an additional 6,126 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Abercrombie & Fitch were worth $768,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of ANF. SG Americas Securities LLC lifted its position in Abercrombie & Fitch by 486.9% in the 2nd quarter. SG Americas Securities LLC now owns 12,923 shares of the apparel retailer’s stock valued at $1,071,000 after acquiring an additional 10,721 shares in the last quarter. Fred Alger Management LLC purchased a new position in shares of Abercrombie & Fitch in the first quarter worth $1,462,000. Fifth Third Bancorp lifted its holdings in shares of Abercrombie & Fitch by 1,205.3% during the second quarter. Fifth Third Bancorp now owns 5,143 shares of the apparel retailer’s stock valued at $426,000 after purchasing an additional 4,749 shares in the last quarter. Timelo Investment Management Inc. purchased a new stake in shares of Abercrombie & Fitch during the second quarter valued at $1,077,000. Finally, QRG Capital Management Inc. bought a new stake in shares of Abercrombie & Fitch in the second quarter worth approximately $782,000.

Analysts Set New Price Targets

ANF has been the topic of a number of research reports. The Goldman Sachs Group assumed coverage on Abercrombie & Fitch in a research note on Thursday, December 11th. They issued a “buy” rating and a $120.00 price target on the stock. Barclays raised their target price on Abercrombie & Fitch from $84.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Friday, November 28th. Zacks Research raised shares of Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 25th. Morgan Stanley increased their price objective on shares of Abercrombie & Fitch from $78.00 to $95.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 26th. Finally, Jefferies Financial Group boosted their target price on shares of Abercrombie & Fitch from $105.00 to $115.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $110.10.

Abercrombie & Fitch Stock Up 0.0%

NYSE:ANF opened at $126.79 on Monday. Abercrombie & Fitch Company has a 52 week low of $65.40 and a 52 week high of $164.80. The business’s 50-day simple moving average is $88.89 and its two-hundred day simple moving average is $88.78. The stock has a market cap of $5.81 billion, a PE ratio of 12.16 and a beta of 1.17.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, November 26th. The apparel retailer reported $2.36 EPS for the quarter, beating the consensus estimate of $2.14 by $0.22. The business had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.28 billion. Abercrombie & Fitch had a net margin of 10.07% and a return on equity of 38.01%. The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.50 EPS. Sell-side analysts anticipate that Abercrombie & Fitch Company will post 10.62 earnings per share for the current fiscal year.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.

The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.