Lisanti Capital Growth LLC Sells 25,090 Shares of Abercrombie & Fitch Co. (NYSE:ANF)

Lisanti Capital Growth LLC lowered its stake in shares of Abercrombie & Fitch Co. (NYSE:ANF) by 90.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,770 shares of the apparel retailer’s stock after selling 25,090 shares during the period. Lisanti Capital Growth LLC’s holdings in Abercrombie & Fitch were worth $388,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Matrix Trust Co bought a new stake in Abercrombie & Fitch in the 2nd quarter valued at $35,000. Farther Finance Advisors LLC grew its holdings in Abercrombie & Fitch by 81.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 274 shares of the apparel retailer’s stock valued at $38,000 after buying an additional 123 shares in the last quarter. Quarry LP grew its holdings in Abercrombie & Fitch by 156.0% in the 2nd quarter. Quarry LP now owns 279 shares of the apparel retailer’s stock valued at $50,000 after buying an additional 170 shares in the last quarter. CWM LLC grew its holdings in Abercrombie & Fitch by 242.6% in the 2nd quarter. CWM LLC now owns 531 shares of the apparel retailer’s stock valued at $94,000 after buying an additional 376 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Abercrombie & Fitch by 8,914.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 631 shares of the apparel retailer’s stock valued at $112,000 after buying an additional 624 shares in the last quarter.

Analyst Ratings Changes

ANF has been the topic of a number of research reports. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, September 11th. Jefferies Financial Group increased their target price on Abercrombie & Fitch from $215.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, September 4th. Morgan Stanley reduced their target price on Abercrombie & Fitch from $155.00 to $147.00 and set an “equal weight” rating on the stock in a report on Thursday, August 29th. UBS Group reduced their target price on Abercrombie & Fitch from $193.00 to $165.00 and set a “neutral” rating on the stock in a report on Thursday, August 29th. Finally, JPMorgan Chase & Co. increased their target price on Abercrombie & Fitch from $194.00 to $195.00 and gave the stock an “overweight” rating in a report on Friday, October 4th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Abercrombie & Fitch presently has a consensus rating of “Moderate Buy” and a consensus target price of $176.71.

Abercrombie & Fitch Stock Down 2.7 %

NYSE:ANF opened at $140.10 on Tuesday. The firm has a market capitalization of $7.16 billion, a PE ratio of 14.84 and a beta of 1.50. Abercrombie & Fitch Co. has a twelve month low of $65.60 and a twelve month high of $196.99. The stock’s 50-day simple moving average is $141.47 and its 200 day simple moving average is $152.19.

Abercrombie & Fitch (NYSE:ANF) last posted its earnings results on Wednesday, August 28th. The apparel retailer reported $2.50 EPS for the quarter, beating the consensus estimate of $2.14 by $0.36. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.09 billion. Abercrombie & Fitch had a return on equity of 47.35% and a net margin of 10.76%. On average, analysts anticipate that Abercrombie & Fitch Co. will post 10.26 EPS for the current fiscal year.

Insider Buying and Selling at Abercrombie & Fitch

In other news, CFO Scott D. Lipesky sold 9,000 shares of the firm’s stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $146.80, for a total transaction of $1,321,200.00. Following the completion of the transaction, the chief financial officer now directly owns 106,455 shares in the company, valued at $15,627,594. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Abercrombie & Fitch news, EVP Samir Desai sold 19,041 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $131.36, for a total value of $2,501,225.76. Following the completion of the sale, the executive vice president now owns 27,985 shares of the company’s stock, valued at approximately $3,676,109.60. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Scott D. Lipesky sold 9,000 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $146.80, for a total value of $1,321,200.00. Following the completion of the sale, the chief financial officer now directly owns 106,455 shares of the company’s stock, valued at $15,627,594. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 31,541 shares of company stock worth $4,310,256. 2.58% of the stock is currently owned by insiders.

Abercrombie & Fitch Company Profile

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.