Crescent Grove Advisors LLC purchased a new stake in Abercrombie & Fitch Company (NYSE:ANF) during the second quarter, Holdings Channel reports. The firm purchased 21,000 shares of the apparel retailer’s stock, valued at approximately $261,000.

Other institutional investors also recently bought and sold shares of the company. Norges Bank bought a new position in Abercrombie & Fitch during the fourth quarter valued at about $12,227,000. Teachers Advisors LLC raised its stake in shares of Abercrombie & Fitch by 1.5% in the fourth quarter. Teachers Advisors LLC now owns 117,301 shares of the apparel retailer’s stock worth $1,408,000 after buying an additional 1,698 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Abercrombie & Fitch by 1,201.0% in the first quarter. Bank of Montreal Can now owns 66,232 shares of the apparel retailer’s stock worth $790,000 after buying an additional 61,141 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in shares of Abercrombie & Fitch by 1.5% in the first quarter. Louisiana State Employees Retirement System now owns 27,600 shares of the apparel retailer’s stock worth $329,000 after buying an additional 400 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its stake in shares of Abercrombie & Fitch by 143.4% in the first quarter. Nisa Investment Advisors LLC now owns 24,100 shares of the apparel retailer’s stock worth $288,000 after buying an additional 14,200 shares in the last quarter.

Abercrombie & Fitch Company (NYSE ANF) opened at 9.81 on Friday. Abercrombie & Fitch Company has a 1-year low of $8.81 and a 1-year high of $23.29. The stock has a 50 day moving average price of $10.44 and a 200 day moving average price of $11.69. The stock’s market cap is $667.24 million.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings data on Thursday, May 25th. The apparel retailer reported ($0.91) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.70) by $0.21. The business had revenue of $661.10 million during the quarter, compared to analyst estimates of $651.25 million. Abercrombie & Fitch had a negative return on equity of 1.26% and a negative net margin of 0.55%. The firm’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.53) EPS. On average, analysts predict that Abercrombie & Fitch Company will post ($0.30) EPS for the current fiscal year.

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A number of equities research analysts have recently weighed in on ANF shares. Vetr upgraded Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $12.91 price objective on the stock in a research report on Tuesday, May 23rd. TheStreet lowered Abercrombie & Fitch from a “c-” rating to a “d+” rating in a research report on Thursday, June 15th. Jefferies Group LLC reiterated a “hold” rating and issued a $13.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday, May 3rd. Zacks Investment Research upgraded Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 2nd. Finally, FBR & Co reiterated a “hold” rating and issued a $13.00 price objective on shares of Abercrombie & Fitch in a research report on Friday, May 26th. Eleven research analysts have rated the stock with a sell rating, thirteen have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Abercrombie & Fitch presently has an average rating of “Hold” and an average target price of $13.85.

About Abercrombie & Fitch

Abercrombie & Fitch Co is a specialty retailer who primarily sells its products through store and direct-to-consumer operations, as well as through various wholesale, franchise and licensing arrangements. The Company operates through two segments: Abercrombie, which includes the Company’s Abercrombie & Fitch and abercrombie kids brands, and Hollister, which includes the Company’s Hollister and Gilly Hicks brands.

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Institutional Ownership by Quarter for Abercrombie & Fitch (NYSE:ANF)

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