Tiffany & Co. (NYSE:TIF) had its target price upped by equities research analysts at Mizuho from $74.00 to $85.00 in a report issued on Friday. The brokerage currently has a “neutral” rating on the stock. Mizuho’s price target would suggest a potential downside of 9.41% from the company’s current price.

A number of other research firms have also commented on TIF. Zacks Investment Research lowered shares of Tiffany & Co. from a “hold” rating to a “sell” rating in a research report on Thursday, March 16th. Instinet boosted their price target on shares of Tiffany & Co. from $84.00 to $98.00 and gave the company a “buy” rating in a research report on Monday, March 6th. Oppenheimer Holdings Inc. set a $105.00 price target on shares of Tiffany & Co. and gave the company a “buy” rating in a research report on Thursday, March 16th. Credit Suisse Group AG set a $89.00 price target on shares of Tiffany & Co. and gave the company a “hold” rating in a research report on Friday. Finally, Jefferies Group LLC restated a “positive” rating and issued a $102.00 price target on shares of Tiffany & Co. in a research report on Wednesday, March 15th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $88.34.

Analyst Recommendations for Tiffany & Co. (NYSE:TIF)

Tiffany & Co. (NYSE:TIF) opened at 93.83 on Friday. The firm has a market cap of $11.68 billion, a price-to-earnings ratio of 26.28 and a beta of 1.89. The firm has a 50-day moving average of $85.64 and a 200 day moving average of $78.42. Tiffany & Co. has a 52-week low of $56.99 and a 52-week high of $94.65.

Tiffany & Co. (NYSE:TIF) last released its quarterly earnings results on Friday, March 17th. The company reported $1.45 EPS for the quarter, beating the Zacks’ consensus estimate of $1.39 by $0.06. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.22 billion. Tiffany & Co. had a net margin of 11.33% and a return on equity of 15.97%. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.46 earnings per share. On average, equities research analysts forecast that Tiffany & Co. will post $3.90 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 10th. Investors of record on Monday, March 20th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Thursday, March 16th. This represents a $1.80 annualized dividend and a yield of 1.92%. Tiffany & Co.’s dividend payout ratio is currently 50.42%.

Your IP Address:

In related news, insider Andrew W. Hart sold 1,367 shares of the stock in a transaction that occurred on Monday, January 30th. The shares were sold at an average price of $77.98, for a total value of $106,598.66. Following the transaction, the insider now directly owns 4,654 shares in the company, valued at $362,918.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Andrew W. Hart sold 21,504 shares of the stock in a transaction that occurred on Wednesday, January 25th. The shares were sold at an average price of $80.13, for a total transaction of $1,723,115.52. Following the completion of the transaction, the insider now owns 7,786 shares in the company, valued at $623,892.18. The disclosure for this sale can be found here. Corporate insiders own 1.40% of the company’s stock.

A number of large investors have recently modified their holdings of TIF. First Eagle Investment Management LLC increased its stake in shares of Tiffany & Co. by 0.8% in the third quarter. First Eagle Investment Management LLC now owns 3,905,747 shares of the company’s stock valued at $283,674,000 after buying an additional 29,593 shares during the last quarter. BlackRock Fund Advisors increased its stake in shares of Tiffany & Co. by 4.7% in the third quarter. BlackRock Fund Advisors now owns 1,841,431 shares of the company’s stock valued at $133,743,000 after buying an additional 82,604 shares during the last quarter. Gofen & Glossberg LLC IL increased its stake in shares of Tiffany & Co. by 0.3% in the third quarter. Gofen & Glossberg LLC IL now owns 95,118 shares of the company’s stock valued at $6,908,000 after buying an additional 279 shares during the last quarter. Bank of Montreal Can increased its stake in shares of Tiffany & Co. by 54.8% in the third quarter. Bank of Montreal Can now owns 56,710 shares of the company’s stock valued at $4,119,000 after buying an additional 20,082 shares during the last quarter. Finally, Cooke & Bieler LP increased its stake in shares of Tiffany & Co. by 92.0% in the third quarter. Cooke & Bieler LP now owns 635,402 shares of the company’s stock valued at $46,149,000 after buying an additional 304,402 shares during the last quarter. 86.38% of the stock is owned by hedge funds and other institutional investors.

About Tiffany & Co.

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.

5 Day Chart for NYSE:TIF

Receive News & Ratings for Tiffany & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tiffany & Co. and related companies with MarketBeat.com's FREE daily email newsletter.