Shares of Tiffany & Co. (NYSE:TIF) rose 3.7% during mid-day trading on Thursday . The company traded as high as $66.31 and last traded at $66.04, with a volume of 1,621,156 shares. The stock had previously closed at $63.67.

TIF has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Tiffany & Co. from a “sell” rating to a “hold” rating in a report on Monday, April 25th. Cowen and Company restated a “hold” rating and set a $68.00 price target on shares of Tiffany & Co. in a report on Wednesday, June 1st. Nomura restated a “buy” rating on shares of Tiffany & Co. in a report on Wednesday, April 13th. Oppenheimer Holdings Inc. restated a “buy” rating on shares of Tiffany & Co. in a report on Thursday, April 21st. Finally, Mizuho restated a “buy” rating and set a $80.00 price target on shares of Tiffany & Co. in a report on Wednesday, April 13th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $80.77.

The stock has a market capitalization of $8.35 billion and a price-to-earnings ratio of 19.07. The stock has a 50 day moving average of $61.76 and a 200-day moving average of $65.76.

Tiffany & Co. (NYSE:TIF) last issued its quarterly earnings data on Wednesday, May 25th. The company reported $0.69 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.01. The company had revenue of $891 million for the quarter, compared to the consensus estimate of $914.97 million. The company’s revenue was down 7.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.81 earnings per share. Equities analysts anticipate that Tiffany & Co. will post $3.61 earnings per share for the current year.

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

A number of hedge funds recently bought and sold shares of TIF. Andra AP fonden raised its stake in Tiffany & Co. by 1.4% in the fourth quarter. Andra AP fonden now owns 28,200 shares of the company’s stock worth $2,151,000 after buying an additional 400 shares in the last quarter. KBC Group NV raised 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 in the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. raised its stake in shares of Tiffany & Co. by 8.3% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 18,415 shares of the company’s stock valued at $1,405,000 after buying an additional 1,414 shares in the last quarter. US Bancorp DE raised 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 in the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of Tiffany & Co. by 1.5% in the fourth quarter. Principal Financial Group Inc. now owns 161,671 shares of the company’s stock valued at $12,334,000 after buying an additional 2,465 shares in 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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