Tiffany & Co. (NYSE:TIF)’s share price rose 3.7% on Thursday . The stock traded as high as $66.31 and last traded at $66.04, with a volume of 1,621,156 shares trading hands. The stock had previously closed at $63.67.

TIF has been the topic of several research analyst reports. Wells Fargo & Co. reissued a “sell” rating and set a $58.00 price target on shares of Tiffany & Co. in a report on Monday, June 27th. Zacks Investment Research raised Tiffany & Co. from a “sell” rating to a “hold” rating in a report on Monday, April 25th. Jefferies Group reissued a “buy” rating on shares of Tiffany & Co. in a report on Thursday, July 14th. Royal Bank Of Canada lowered their price target on Tiffany & Co. from $68.00 to $65.00 and set a “sector perform” rating on the stock in a report on Tuesday, July 12th. Finally, Cowen and Company lowered their price target on Tiffany & Co. from $70.00 to $68.00 and set a “market perform” rating on the stock in a report on Wednesday, May 18th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $80.77.

The stock has a 50 day moving average of $62.03 and a 200 day moving average of $65.81. The stock has a market capitalization of $8.48 billion and a price-to-earnings ratio of 19.38.

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 analysts’ consensus estimates of $0.68 by $0.01. The firm earned $891 million during the quarter, compared to analyst estimates of $914.97 million. The company’s revenue was down 7.4% on a year-over-year basis. During the same quarter last year, the company posted $0.81 EPS. On average, analysts forecast that Tiffany & Co. will post $3.61 EPS for the current year.

In related news, insider Trian Fund Management, L.P. purchased 7,000 shares of Tiffany & Co. stock in a transaction that occurred on Monday, June 6th. The stock was purchased at an average price of $63.01 per share, for a total transaction of $441,070.00. Following the transaction, the insider now directly owns 8,269 shares in the company, valued at $521,029.69. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Peter W. May sold 14,260 shares of the company’s stock in a transaction dated Monday, June 6th. The stock was sold at an average price of $63.01, for a total transaction of $898,522.60. Following the transaction, 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.

Other hedge funds and institutional investors recently added to or reduced their stakes in the company. KBC Group NV increased its position in 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 period. BNP Paribas Arbitrage SA increased its position in 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 period. Westbourne Investment Advisors Inc. increased its position in 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 period. US Bancorp DE increased its position in 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 period. Finally, Alpine Woods Capital Investors LLC increased its position in Tiffany & Co. by 37.3% in the fourth quarter. Alpine Woods Capital Investors LLC now owns 14,710 shares of the company’s stock valued at $1,122,000 after buying an additional 4,000 shares during the period.

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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