Abercrombie & Fitch Co. (NYSE:ANF) Stock Holdings Boosted by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC grew its position in shares of Abercrombie & Fitch Co. (NYSE:ANF) by 228.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 27,621 shares of the apparel retailer’s stock after purchasing an additional 19,222 shares during the quarter. Mutual of America Capital Management LLC owned 0.05% of Abercrombie & Fitch worth $3,864,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Matrix Trust Co bought a new stake in Abercrombie & Fitch in the second quarter worth about $35,000. Farther Finance Advisors LLC raised its holdings in shares of Abercrombie & Fitch by 81.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 274 shares of the apparel retailer’s stock worth $38,000 after purchasing an additional 123 shares in the last quarter. Quarry LP lifted its stake in Abercrombie & Fitch by 156.0% during the second quarter. Quarry LP now owns 279 shares of the apparel retailer’s stock valued at $50,000 after purchasing an additional 170 shares during the last quarter. CWM LLC boosted its holdings in Abercrombie & Fitch by 242.6% during the second quarter. CWM LLC now owns 531 shares of the apparel retailer’s stock worth $94,000 after buying an additional 376 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in Abercrombie & Fitch by 39.2% in the third quarter. GAMMA Investing LLC now owns 788 shares of the apparel retailer’s stock worth $110,000 after buying an additional 222 shares during the last quarter.

Insider Activity at Abercrombie & Fitch

In other news, CFO Scott D. Lipesky sold 9,000 shares of the stock in a transaction on Friday, August 30th. The shares were sold at an average price of $146.80, for a total transaction of $1,321,200.00. Following the transaction, the chief financial officer now owns 106,455 shares in the company, valued at $15,627,594. This represents a 7.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Helen Mccluskey sold 3,500 shares of Abercrombie & Fitch stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $139.38, for a total transaction of $487,830.00. Following the completion of the sale, the director now directly owns 37,470 shares of the company’s stock, valued at approximately $5,222,568.60. The trade was a 8.54 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 31,541 shares of company stock valued at $4,310,256. 2.58% of the stock is currently owned by corporate insiders.

Abercrombie & Fitch Stock Up 3.5 %

ANF stock opened at $141.57 on Friday. The company has a 50 day moving average of $142.52 and a two-hundred day moving average of $152.80. The company has a market cap of $7.23 billion, a price-to-earnings ratio of 15.00 and a beta of 1.50. Abercrombie & Fitch Co. has a 12-month low of $71.14 and a 12-month high of $196.99.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results on Wednesday, August 28th. The apparel retailer reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.14 by $0.36. Abercrombie & Fitch had a return on equity of 47.35% and a net margin of 10.76%. The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.09 billion. On average, research analysts anticipate that Abercrombie & Fitch Co. will post 10.35 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ANF shares. Citigroup upgraded Abercrombie & Fitch from a “neutral” rating to a “buy” rating and set a $190.00 target price on the stock in a report on Friday, August 30th. UBS Group lifted their price target on Abercrombie & Fitch from $165.00 to $170.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $190.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday, September 11th. Morgan Stanley dropped their target price on shares of Abercrombie & Fitch from $155.00 to $147.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 29th. Finally, Jefferies Financial Group upped their price target on shares of Abercrombie & Fitch from $215.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, September 4th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $177.43.

About Abercrombie & Fitch

Abercrombie & Fitch Co, through its subsidiaries, operates as an omnichannel retailer in the United States, Europe, the Middle East, Asia, the Asia-Pacific, Canada, and internationally. The company offers an assortment of apparel, personal care products, and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, Hollister, and Gilly Hicks brands.