Tiffany & Co. (NYSE:TIF) was downgraded by stock analysts at SBG Securities from a “buy” rating to a “hold” rating in a report issued on Thursday.

Several other research firms also recently issued reports on TIF. Needham & Company LLC reissued a “hold” rating on shares of Tiffany & Co. in a research report on Tuesday, October 17th. Cowen set a $102.00 price target on Tiffany & Co. and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Oppenheimer reaffirmed a “buy” rating and set a $105.00 price target on shares of Tiffany & Co. in a research report on Wednesday. Susquehanna Bancshares began coverage on Tiffany & Co. in a research report on Thursday, November 2nd. They set a “neutral” rating and a $100.00 price target on the stock. Finally, KeyCorp reaffirmed a “hold” rating on shares of Tiffany & Co. in a research report on Wednesday, October 11th. Eleven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $98.69.

Tiffany & Co. (NYSE TIF) opened at $97.25 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 5.44 and a quick ratio of 2.29. Tiffany & Co. has a 12-month low of $76.08 and a 12-month high of $98.58. The stock has a market capitalization of $11,744.21, a price-to-earnings ratio of 24.17, a P/E/G ratio of 2.20 and a beta of 1.94.

Tiffany & Co. (NYSE:TIF) last released its earnings results on Wednesday, November 29th. The specialty retailer reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.04. Tiffany & Co. had a return on equity of 15.77% and a net margin of 11.46%. The firm had revenue of $976.20 million for the quarter, compared to the consensus estimate of $957.18 million. During the same period in the prior year, the firm earned $0.76 EPS. The firm’s revenue was up 2.8% on a year-over-year basis. research analysts predict that Tiffany & Co. will post 3.97 earnings per share for the current year.

In other news, insider Pamela H. Cloud sold 37,000 shares of the stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $93.52, for a total transaction of $3,460,240.00. Following the sale, the insider now directly owns 47,261 shares of the company’s stock, valued at approximately $4,419,848.72. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Francesco Trapani bought 25,000 shares of the stock in a transaction dated Tuesday, September 26th. The shares were purchased at an average cost of $89.34 per share, for a total transaction of $2,233,500.00. The disclosure for this purchase can be found here. Corporate insiders own 1.40% of the company’s stock.

Several hedge funds have recently bought and sold shares of TIF. US Bancorp DE boosted its stake in shares of Tiffany & Co. by 24.0% during the 2nd quarter. US Bancorp DE now owns 10,895 shares of the specialty retailer’s stock worth $1,022,000 after acquiring an additional 2,106 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Tiffany & Co. by 12.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 98,715 shares of the specialty retailer’s stock worth $9,268,000 after acquiring an additional 11,037 shares in the last quarter. Strs Ohio boosted its stake in shares of Tiffany & Co. by 53.5% during the 2nd quarter. Strs Ohio now owns 21,971 shares of the specialty retailer’s stock worth $2,062,000 after acquiring an additional 7,662 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Tiffany & Co. by 1.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 6,619 shares of the specialty retailer’s stock worth $621,000 after acquiring an additional 113 shares in the last quarter. Finally, Speece Thorson Capital Group Inc. boosted its stake in shares of Tiffany & Co. by 0.5% during the 2nd quarter. Speece Thorson Capital Group Inc. now owns 109,960 shares of the specialty retailer’s stock worth $10,322,000 after acquiring an additional 512 shares in the last quarter. 81.03% of the stock is currently owned by institutional investors and hedge funds.

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Tiffany & Co. Company Profile

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. The Company’s segments include Americas, Asia-Pacific, Japan, Europe and Other. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO.

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

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