Oppenheimer & Co. Inc. raised its stake in shares of Tiffany & Co. (NYSE:TIF) by 1.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,276 shares of the specialty retailer’s stock after purchasing an additional 1,353 shares during the period. Oppenheimer & Co. Inc.’s holdings in Tiffany & Co. were worth $12,502,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. California Public Employees Retirement System lifted its holdings in Tiffany & Co. by 3.3% during the fourth quarter. California Public Employees Retirement System now owns 303,873 shares of the specialty retailer’s stock valued at $31,588,000 after purchasing an additional 9,785 shares in the last quarter. Bedell Frazier Investment Counseling LLC acquired a new stake in shares of Tiffany & Co. in the fourth quarter valued at about $8,409,000. Teacher Retirement System of Texas acquired a new stake in shares of Tiffany & Co. in the fourth quarter valued at about $3,538,000. ING Groep NV raised its position in shares of Tiffany & Co. by 1,465.7% in the fourth quarter. ING Groep NV now owns 36,388 shares of the specialty retailer’s stock valued at $3,783,000 after buying an additional 34,064 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of Tiffany & Co. by 4.4% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 19,707 shares of the specialty retailer’s stock valued at $2,109,000 after buying an additional 824 shares during the last quarter. 81.33% of the stock is currently owned by institutional investors and hedge funds.

In related news, insider Philippe Galtie sold 673 shares of the firm’s stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $107.92, for a total transaction of $72,630.16. Following the completion of the sale, the insider now directly owns 673 shares in the company, valued at $72,630.16. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Andrew W. Hart sold 40,251 shares of the firm’s stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $109.22, for a total transaction of $4,396,214.22. Following the sale, the insider now owns 22,369 shares of the company’s stock, valued at $2,443,142.18. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 92,217 shares of company stock valued at $10,076,469. 1.40% of the stock is owned by company insiders.

A number of equities research analysts have recently commented on the stock. Oppenheimer reiterated a “buy” rating on shares of Tiffany & Co. in a research report on Wednesday, January 24th. Royal Bank of Canada increased their target price on shares of Tiffany & Co. to $108.00 and gave the company a “sector perform” rating in a research report on Thursday, January 18th. They noted that the move was a valuation call. Wells Fargo & Co reiterated a “hold” rating on shares of Tiffany & Co. in a research report on Wednesday, January 17th. JPMorgan Chase & Co. assumed coverage on shares of Tiffany & Co. in a research report on Monday, December 18th. They issued a “neutral” rating and a $103.00 target price for the company. Finally, Citigroup upgraded shares of Tiffany & Co. from a “neutral” rating to a “buy” rating and increased their target price for the company from $92.00 to $115.00 in a research report on Thursday, December 14th. Ten analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $102.00.

Shares of Tiffany & Co. (NYSE TIF) opened at $101.88 on Friday. Tiffany & Co. has a 12-month low of $80.48 and a 12-month high of $111.44. The stock has a market cap of $12,380.51, a PE ratio of 25.48, a P/E/G ratio of 2.09 and a beta of 1.80. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.09 and a current ratio of 5.44.

Tiffany & Co. (NYSE:TIF) last released its quarterly earnings data on Wednesday, November 29th. The specialty retailer reported $0.80 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.76 by $0.04. Tiffany & Co. had a net margin of 11.46% and a return on equity of 15.77%. The firm had revenue of $976.20 million during the quarter, compared to analysts’ expectations of $957.18 million. During the same period last year, the business earned $0.76 earnings per share. Tiffany & Co.’s revenue was up 2.8% compared to the same quarter last year. analysts predict that Tiffany & Co. will post 4.08 EPS for the current year.

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Tiffany & Co. 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.

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Institutional Ownership by Quarter for Tiffany & Co. (NYSE:TIF)

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