Lisanti Capital Growth LLC acquired a new stake in Abercrombie & Fitch Company (NYSE:ANF – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 27,450 shares of the apparel retailer’s stock, valued at approximately $3,455,000. Lisanti Capital Growth LLC owned about 0.06% of Abercrombie & Fitch at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. NewEdge Advisors LLC raised its holdings in 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. Larson Financial Group LLC raised its holdings in 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. Hantz Financial Services Inc. increased its holdings in shares of Abercrombie & Fitch by 108.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 481 shares of the apparel retailer’s stock worth $41,000 after buying an additional 250 shares during the last quarter. Bessemer Group Inc. increased its holdings in shares of Abercrombie & Fitch by 268.0% during the 3rd quarter. Bessemer Group Inc. now owns 666 shares of the apparel retailer’s stock worth $56,000 after buying an additional 485 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Abercrombie & Fitch by 392.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 714 shares of the apparel retailer’s stock worth $59,000 after buying an additional 569 shares during the last quarter.
Abercrombie & Fitch Stock Performance
NYSE:ANF opened at $77.20 on Friday. The stock has a market capitalization of $3.45 billion, a P/E ratio of 7.32 and a beta of 0.97. The company has a 50 day moving average price of $86.28 and a 200 day moving average price of $94.15. Abercrombie & Fitch Company has a fifty-two week low of $65.45 and a fifty-two week high of $133.11.
Analyst Ratings Changes
A number of analysts have recently issued reports on the stock. Needham & Company LLC assumed coverage on shares of Abercrombie & Fitch in a report on Thursday, March 26th. They set a “buy” rating and a $108.00 price target for the company. Barclays cut their price target on shares of Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating for the company in a report on Thursday, March 5th. UBS Group cut their price target on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Jefferies Financial Group cut their price target on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, March 4th. Finally, BTIG Research restated a “buy” rating and set a $120.00 price target on shares of Abercrombie & Fitch in a report on Thursday, March 5th. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $116.00.
Check Out Our Latest Stock Analysis on ANF
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.
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