Pacer Advisors Inc. Has $2.35 Million Stock Holdings in Abercrombie & Fitch Co. (NYSE:ANF)

Pacer Advisors Inc. lifted its holdings in shares of Abercrombie & Fitch Co. (NYSE:ANF) by 33.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,751 shares of the apparel retailer’s stock after purchasing an additional 3,934 shares during the quarter. Pacer Advisors Inc.’s holdings in Abercrombie & Fitch were worth $2,354,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. UMB Bank n.a. boosted its holdings in Abercrombie & Fitch by 92.2% in the fourth quarter. UMB Bank n.a. now owns 223 shares of the apparel retailer’s stock worth $33,000 after purchasing an additional 107 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Abercrombie & Fitch by 81.5% in the third quarter. Farther Finance Advisors LLC now owns 274 shares of the apparel retailer’s stock worth $38,000 after buying an additional 123 shares during the last quarter. Quarry LP boosted its stake in shares of Abercrombie & Fitch by 156.0% during the 2nd quarter. Quarry LP now owns 279 shares of the apparel retailer’s stock worth $50,000 after acquiring an additional 170 shares in the last quarter. Private Trust Co. NA increased its holdings in shares of Abercrombie & Fitch by 604.4% during the 3rd quarter. Private Trust Co. NA now owns 317 shares of the apparel retailer’s stock valued at $44,000 after acquiring an additional 272 shares during the last quarter. Finally, Fifth Third Bancorp raised its stake in shares of Abercrombie & Fitch by 56.2% in the 4th quarter. Fifth Third Bancorp now owns 367 shares of the apparel retailer’s stock valued at $55,000 after acquiring an additional 132 shares in the last quarter.

Insider Activity

In other Abercrombie & Fitch news, COO Scott D. Lipesky sold 8,605 shares of Abercrombie & Fitch stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $150.20, for a total transaction of $1,292,471.00. Following the sale, the chief operating officer now directly owns 97,850 shares of the company’s stock, valued at approximately $14,697,070. The trade was a 8.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Suzanne M. Coulter sold 2,870 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $160.00, for a total value of $459,200.00. Following the completion of the sale, the director now owns 6,405 shares in the company, valued at approximately $1,024,800. This represents a 30.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 17,401 shares of company stock worth $2,631,741. Corporate insiders own 2.58% of the company’s stock.

Abercrombie & Fitch Stock Down 2.6 %

Shares of ANF opened at $119.48 on Friday. The stock’s 50-day moving average price is $143.39 and its 200 day moving average price is $145.11. Abercrombie & Fitch Co. has a 12-month low of $101.14 and a 12-month high of $196.99. The firm has a market capitalization of $6.02 billion, a price-to-earnings ratio of 11.82 and a beta of 1.52.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results on Tuesday, November 26th. The apparel retailer reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.18. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. Abercrombie & Fitch’s revenue was up 14.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.83 earnings per share. Equities research analysts expect that Abercrombie & Fitch Co. will post 10.64 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on ANF. JPMorgan Chase & Co. upped their target price on Abercrombie & Fitch from $201.00 to $204.00 and gave the stock an “overweight” rating in a research report on Friday, December 20th. UBS Group upgraded shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and raised their target price for the company from $173.00 to $220.00 in a research note on Friday, January 10th. StockNews.com upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating in a report on Monday, January 13th. Raymond James lowered their price target on Abercrombie & Fitch from $180.00 to $165.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 14th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $190.00 price objective on shares of Abercrombie & Fitch in a research note on Tuesday, January 14th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $182.25.

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.