Tiffany & Co. (NYSE:TIF)’s share price gapped up prior to trading on Monday . The stock had previously closed at $62.44, but opened at $62.75. Tiffany & Co. shares last traded at $64.14, with a volume of 973,146 shares changing hands.

A number of equities research analysts recently issued reports on TIF shares. Zacks Investment Research upgraded shares of Tiffany & Co. from a “sell” rating to a “hold” rating in a report on Monday, April 25th. Oppenheimer Holdings Inc. restated a “buy” rating on shares of Tiffany & Co. in a report on Thursday, April 21st. Vetr upgraded shares of Tiffany & Co. from a “buy” rating to a “strong-buy” rating and set a $79.33 target price for the company in a report on Monday, April 11th. Credit Suisse Group AG restated a “hold” rating on shares of Tiffany & Co. in a report on Tuesday, April 12th. Finally, Deutsche Bank AG restated a “hold” rating on shares of Tiffany & Co. in a report on Tuesday, April 12th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $80.77.

The company has a 50-day moving average of $61.65 and a 200-day moving average of $65.76. The stock has a market capitalization of $8.10 billion and a price-to-earnings ratio of 18.49.

Tiffany & Co. (NYSE:TIF) last announced its quarterly earnings results on Wednesday, May 25th. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.68 by $0.01. The company had revenue of $891 million for the quarter, compared to analyst estimates of $914.97 million. During the same quarter last year, the business earned $0.81 EPS. The company’s revenue for the quarter was down 7.4% on a year-over-year basis. Equities research analysts expect that Tiffany & Co. will post $3.61 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, July 11th. Shareholders of record on Monday, June 20th were issued a dividend of $0.45 per share. The ex-dividend date was Thursday, June 16th. This represents a $1.80 annualized dividend and a yield of 2.80%. This is a positive change from Tiffany & Co.’s previous quarterly dividend of $0.40.

In other news, insider Jean-Marc Bellaiche sold 775 shares of the firm’s stock in a transaction on Wednesday, July 20th. The shares were sold at an average price of $61.78, for a total value of $47,879.50. Following the sale, the insider now owns 2,179 shares in the company, valued at $134,618.62. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Peter W. May sold 14,260 shares of the firm’s stock in a transaction on Monday, June 6th. The stock was sold at an average price of $63.01, for a total transaction of $898,522.60. Following the completion of the sale, the director now owns 8,269 shares in the company, valued at approximately $521,029.69. The disclosure for this sale can be found here.

Several large investors recently made changes to their positions in TIF. BlackRock Advisors LLC increased its stake in shares of Tiffany & Co. by 41.9% in the fourth quarter. BlackRock Advisors LLC now owns 655,467 shares of the company’s stock valued at $50,005,000 after buying an additional 193,389 shares during the last quarter. KBC Group NV increased its stake in shares of Tiffany & Co. by 3.5% in the fourth quarter. KBC Group NV now owns 22,208 shares of the company’s stock valued at $1,694,000 after buying an additional 747 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in shares of Tiffany & Co. by 32.7% in the fourth quarter. BNP Paribas Arbitrage SA now owns 152,795 shares of the company’s stock valued at $11,657,000 after buying an additional 37,674 shares during the last quarter. Westbourne Investment Advisors Inc. increased its stake in shares of Tiffany & Co. by 23.5% in the fourth quarter. Westbourne Investment Advisors Inc. now owns 14,775 shares of the company’s stock valued at $1,127,000 after buying an additional 2,815 shares during the last quarter. Finally, US Bancorp DE increased its stake in shares of Tiffany & Co. by 16.7% in the fourth quarter. US Bancorp DE now owns 16,642 shares of the company’s stock valued at $1,269,000 after buying an additional 2,385 shares during the last quarter.

Tiffany & Co is a holding company that operates through its subsidiary companies. The Company’s principal subsidiary, Tiffany and Company (Tiffany), is a jeweler and specialty retailer. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO. retail stores. The Company’s segments include Americas, Asia-Pacific, Japan, Europe and Other.

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