Aigen Investment Management LP purchased a new position in shares of Abercrombie & Fitch Company (NYSE:ANF – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,609 shares of the apparel retailer’s stock, valued at approximately $832,000.
Several other large investors also recently bought and sold shares of the stock. NewEdge Advisors LLC increased its holdings in shares of Abercrombie & Fitch by 181.6% in the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after acquiring an additional 227 shares during the last quarter. Transamerica Financial Advisors LLC increased its holdings in shares of Abercrombie & Fitch by 322.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after acquiring an additional 190 shares during the last quarter. Larson Financial Group LLC increased its holdings in shares of Abercrombie & Fitch by 120.3% in the 4th quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after acquiring an additional 148 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in shares of Abercrombie & Fitch by 94.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock valued at $44,000 after acquiring an additional 170 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Abercrombie & Fitch in the 4th quarter valued at about $44,000.
Abercrombie & Fitch Trading Up 0.0%
Abercrombie & Fitch stock opened at $90.60 on Monday. Abercrombie & Fitch Company has a twelve month low of $65.45 and a twelve month high of $133.11. The stock has a 50 day moving average of $84.04 and a two-hundred day moving average of $95.42. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 8.69 and a beta of 0.92.
Analyst Ratings Changes
A number of research analysts have recently commented on the company. JPMorgan Chase & Co. increased their price objective on Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. Needham & Company LLC reiterated a “buy” rating and issued a $108.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. UBS Group dropped their price objective on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating on the stock in a report on Thursday, May 28th. BTIG Research reissued a “buy” rating and issued a $120.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. Finally, Raymond James Financial set a $92.00 target price on Abercrombie & Fitch in a research report on Thursday, May 21st. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Abercrombie & Fitch presently has a consensus rating of “Moderate Buy” and an average target price of $112.64.
Read Our Latest Stock Analysis on Abercrombie & Fitch
About Abercrombie & Fitch
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.
Featured Stories
- Five stocks we like better than Abercrombie & Fitch
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Want to see what other hedge funds are holding ANF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Abercrombie & Fitch Company (NYSE:ANF – Free Report).
Receive News & Ratings for Abercrombie & Fitch Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abercrombie & Fitch and related companies with MarketBeat.com's FREE daily email newsletter.
