Public Sector Pension investment Board Sells 13,100 Shares of Abercrombie & Fitch Company (ANF)

Public Sector Pension investment Board cut its stake in shares of Abercrombie & Fitch Company (NYSE:ANF) by 27.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,900 shares of the apparel retailer’s stock after selling 13,100 shares during the quarter. Public Sector Pension investment Board owned approximately 0.05% of Abercrombie & Fitch worth $434,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Louisiana State Employees Retirement System lifted its holdings in Abercrombie & Fitch by 0.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 27,700 shares of the apparel retailer’s stock worth $345,000 after buying an additional 100 shares during the period. Capstone Asset Management Co. lifted its holdings in Abercrombie & Fitch by 0.5% during the 2nd quarter. Capstone Asset Management Co. now owns 31,952 shares of the apparel retailer’s stock worth $397,000 after buying an additional 160 shares during the period. Arizona State Retirement System lifted its holdings in Abercrombie & Fitch by 0.6% during the 2nd quarter. Arizona State Retirement System now owns 35,500 shares of the apparel retailer’s stock worth $442,000 after buying an additional 200 shares during the period. Prudential Financial Inc. lifted its holdings in Abercrombie & Fitch by 0.3% during the 1st quarter. Prudential Financial Inc. now owns 115,769 shares of the apparel retailer’s stock worth $1,381,000 after buying an additional 400 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in Abercrombie & Fitch by 0.3% during the 2nd quarter. Franklin Resources Inc. now owns 229,091 shares of the apparel retailer’s stock worth $2,850,000 after buying an additional 591 shares during the period. 98.24% of the stock is currently owned by hedge funds and other institutional investors.

Abercrombie & Fitch Company (ANF) opened at 13.59 on Wednesday. The stock has a 50 day moving average price of $13.48 and a 200-day moving average price of $12.00. Abercrombie & Fitch Company has a 52 week low of $8.81 and a 52 week high of $17.35. The firm’s market capitalization is $925.30 million.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Thursday, August 24th. The apparel retailer reported ($0.16) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.33) by $0.17. Abercrombie & Fitch had a negative net margin of 0.62% and a negative return on equity of 0.79%. The business had revenue of $779.00 million during the quarter, compared to analyst estimates of $758.57 million. During the same period last year, the business posted ($0.25) earnings per share. Abercrombie & Fitch’s quarterly revenue was down .5% compared to the same quarter last year. Analysts anticipate that Abercrombie & Fitch Company will post ($0.03) EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 11th. Shareholders of record on Friday, September 1st were issued a $0.20 dividend. The ex-dividend date was Wednesday, August 30th. This represents a $0.80 annualized dividend and a yield of 5.89%. Abercrombie & Fitch’s dividend payout ratio (DPR) is presently -258.06%.

Several research analysts have commented on the company. Argus raised Abercrombie & Fitch from a “sell” rating to a “hold” rating in a report on Monday, October 2nd. Jefferies Group LLC reaffirmed a “hold” rating and set a $12.00 target price on shares of Abercrombie & Fitch in a report on Thursday, September 28th. Robert W. Baird reaffirmed a “neutral” rating and set a $15.00 target price (up from $13.00) on shares of Abercrombie & Fitch in a report on Friday, September 22nd. Zacks Investment Research raised Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating and set a $16.00 target price on the stock in a report on Tuesday, September 12th. Finally, William Blair reaffirmed an “outperform” rating on shares of Abercrombie & Fitch in a report on Tuesday, September 5th. Six investment analysts have rated the stock with a sell rating, fifteen have given a hold rating, three have given a buy rating and two have given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $12.30.

ILLEGAL ACTIVITY NOTICE: “Public Sector Pension investment Board Sells 13,100 Shares of Abercrombie & Fitch Company (ANF)” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another website, it was copied illegally an

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Louisiana State Employees Retirement System lifted its holdings in Abercrombie & Fitch by 0.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 27,700 shares of the apparel retailer’s stock worth $345,000 after buying an additional 100 shares during the period. Capstone Asset Management Co. lifted its holdings in Abercrombie & Fitch by 0.5% during the 2nd quarter. Capstone Asset Management Co. now owns 31,952 shares of the apparel retailer’s stock worth $397,000 after buying an additional 160 shares during the period. Arizona State Retirement System lifted its holdings in Abercrombie & Fitch by 0.6% during the 2nd quarter. Arizona State Retirement System now owns 35,500 shares of the apparel retailer’s stock worth $442,000 after buying an additional 200 shares during the period. Prudential Financial Inc. lifted its holdings in Abercrombie & Fitch by 0.3% during the 1st quarter. Prudential Financial Inc. now owns 115,769 shares of the apparel retailer’s stock worth $1,381,000 after buying an additional 400 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in Abercrombie & Fitch by 0.3% during the 2nd quarter. Franklin Resources Inc. now owns 229,091 shares of the apparel retailer’s stock worth $2,850,000 after buying an additional 591 shares during the period. 98.24% of the stock is currently owned by hedge funds and other institutional investors.

Abercrombie & Fitch Company (ANF) opened at 13.59 on Wednesday. The stock has a 50 day moving average price of $13.48 and a 200-day moving average price of $12.00. Abercrombie & Fitch Company has a 52 week low of $8.81 and a 52 week high of $17.35. The firm’s market capitalization is $925.30 million.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Thursday, August 24th. The apparel retailer reported ($0.16) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.33) by $0.17. Abercrombie & Fitch had a negative net margin of 0.62% and a negative return on equity of 0.79%. The business had revenue of $779.00 million during the quarter, compared to analyst estimates of $758.57 million. During the same period last year, the business posted ($0.25) earnings per share. Abercrombie & Fitch’s quarterly revenue was down .5% compared to the same quarter last year. Analysts anticipate that Abercrombie & Fitch Company will post ($0.03) EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 11th. Shareholders of record on Friday, September 1st were issued a $0.20 dividend. The ex-dividend date was Wednesday, August 30th. This represents a $0.80 annualized dividend and a yield of 5.89%. Abercrombie & Fitch’s dividend payout ratio (DPR) is presently -258.06%.

Several research analysts have commented on the company. Argus raised Abercrombie & Fitch from a “sell” rating to a “hold” rating in a report on Monday, October 2nd. Jefferies Group LLC reaffirmed a “hold” rating and set a $12.00 target price on shares of Abercrombie & Fitch in a report on Thursday, September 28th. Robert W. Baird reaffirmed a “neutral” rating and set a $15.00 target price (up from $13.00) on shares of Abercrombie & Fitch in a report on Friday, September 22nd. Zacks Investment Research raised Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating and set a $16.00 target price on the stock in a report on Tuesday, September 12th. Finally, William Blair reaffirmed an “outperform” rating on shares of Abercrombie & Fitch in a report on Tuesday, September 5th. Six investment analysts have rated the stock with a sell rating, fifteen have given a hold rating, three have given a buy rating and two have given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $12.30.

ILLEGAL ACTIVITY NOTICE: “Public Sector Pension investment Board Sells 13,100 Shares of Abercrombie & Fitch Company (ANF)” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://ledgergazette.com/2017/10/11/public-sector-pension-investment-board-sells-13100-shares-of-abercrombie-fitch-company-anf.html.

About Abercrombie & Fitch

Abercrombie & Fitch Co is a specialty retailer who primarily sells its products through store and direct-to-consumer operations, as well as through various wholesale, franchise and licensing arrangements. The Company operates through two segments: Abercrombie, which includes the Company’s Abercrombie & Fitch and abercrombie kids brands, and Hollister, which includes the Company’s Hollister and Gilly Hicks brands.

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Institutional Ownership by Quarter for Abercrombie & Fitch (NYSE:ANF)

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