13,140 Shares in Abercrombie & Fitch Co. (NYSE:ANF) Acquired by O Neil Global Advisors Inc.

O Neil Global Advisors Inc. acquired a new stake in shares of Abercrombie & Fitch Co. (NYSE:ANF) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 13,140 shares of the apparel retailer’s stock, valued at approximately $2,337,000. Abercrombie & Fitch makes up approximately 1.1% of O Neil Global Advisors Inc.’s investment portfolio, making the stock its 16th biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Abercrombie & Fitch during the 4th quarter worth $37,632,000. Assenagon Asset Management S.A. grew its holdings in shares of Abercrombie & Fitch by 2,036.5% during the second quarter. Assenagon Asset Management S.A. now owns 419,560 shares of the apparel retailer’s stock valued at $74,615,000 after buying an additional 399,922 shares during the last quarter. Hennessy Advisors Inc. purchased a new stake in shares of Abercrombie & Fitch during the fourth quarter valued at $32,897,000. Jupiter Asset Management Ltd. increased its holdings in shares of Abercrombie & Fitch by 613.3% in the first quarter. Jupiter Asset Management Ltd. now owns 356,610 shares of the apparel retailer’s stock valued at $44,694,000 after purchasing an additional 306,616 shares during the period. Finally, Acadian Asset Management LLC boosted its position in Abercrombie & Fitch by 4,286.8% in the second quarter. Acadian Asset Management LLC now owns 181,525 shares of the apparel retailer’s stock valued at $32,267,000 after buying an additional 177,387 shares during the last quarter.

Analyst Upgrades and Downgrades

ANF has been the subject of a number of recent research reports. Citigroup raised shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and set a $190.00 price target for the company in a research report on Friday, August 30th. Telsey Advisory Group restated an “outperform” rating and set a $190.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday. 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 report on Wednesday, September 4th. Morgan Stanley reduced their price objective on Abercrombie & Fitch from $155.00 to $147.00 and set an “equal weight” rating for the company in a research note on Thursday, August 29th. Finally, UBS Group lowered their target price on Abercrombie & Fitch from $193.00 to $165.00 and set a “neutral” rating on the stock in a research note on Thursday, August 29th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $176.57.

Insider Activity

In other news, EVP Samir Desai sold 19,041 shares of Abercrombie & Fitch stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $131.36, for a total value of $2,501,225.76. Following the sale, the executive vice president now owns 27,985 shares in the company, valued at $3,676,109.60. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Abercrombie & Fitch news, Director Helen Mccluskey sold 3,500 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $139.38, for a total value of $487,830.00. Following the transaction, the director now owns 37,470 shares in the company, valued at approximately $5,222,568.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Samir Desai sold 19,041 shares of the company’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $131.36, for a total transaction of $2,501,225.76. Following the sale, the executive vice president now directly owns 27,985 shares of the company’s stock, valued at approximately $3,676,109.60. The disclosure for this sale can be found here. Insiders sold 31,541 shares of company stock worth $4,310,256 over the last three months. 3.77% of the stock is currently owned by corporate insiders.

Abercrombie & Fitch Stock Up 3.3 %

Shares of Abercrombie & Fitch stock opened at $142.03 on Friday. The firm has a market cap of $7.25 billion, a PE ratio of 17.67 and a beta of 1.50. The business has a 50-day moving average price of $152.73 and a 200 day moving average price of $146.35. Abercrombie & Fitch Co. has a twelve month low of $49.24 and a twelve month high of $196.99.

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.