Abercrombie & Fitch Co. (NYSE:ANF)’s share price traded down 8.2% during trading on Thursday . The company traded as low as $18.53 and last traded at $19.26. 3,778,293 shares were traded during mid-day trading, an increase of 43% from the average session volume of 2,637,656 shares. The stock had previously closed at $20.99.

A number of equities analysts have recently commented on the stock. ValuEngine raised shares of Abercrombie & Fitch from a “sell” rating to a “hold” rating in a report on Thursday, December 20th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $23.00 target price (up from $20.00) on shares of Abercrombie & Fitch in a report on Friday, November 30th. Nomura set a $17.00 target price on shares of Abercrombie & Fitch and gave the company a “hold” rating in a report on Monday, November 26th. Royal Bank of Canada lifted their target price on shares of Abercrombie & Fitch from $23.00 to $24.00 and gave the company a “sector perform” rating in a report on Friday, November 30th. Finally, Wedbush lifted their target price on shares of Abercrombie & Fitch from $17.00 to $19.00 in a report on Friday, December 28th. Four analysts have rated the stock with a sell rating, eleven have given a hold rating and one has given a buy rating to the stock. Abercrombie & Fitch currently has a consensus rating of “Hold” and a consensus price target of $21.08.

The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.22 and a current ratio of 2.19. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 30.94, a price-to-earnings-growth ratio of 1.78 and a beta of 0.50.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings data on Thursday, November 29th. The apparel retailer reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.13. Abercrombie & Fitch had a net margin of 1.43% and a return on equity of 7.23%. The firm had revenue of $861.00 million for the quarter, compared to analyst estimates of $856.34 million. During the same period last year, the firm posted $0.30 EPS. Abercrombie & Fitch’s quarterly revenue was up .2% on a year-over-year basis. As a group, analysts expect that Abercrombie & Fitch Co. will post 0.94 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 17th. Investors of record on Friday, December 7th were given a $0.20 dividend. The ex-dividend date was Thursday, December 6th. This represents a $0.80 dividend on an annualized basis and a yield of 3.98%. Abercrombie & Fitch’s dividend payout ratio (DPR) is 123.08%.

In other news, Director Kerrii B. Anderson acquired 2,000 shares of the stock in a transaction that occurred on Tuesday, December 4th. The shares were purchased at an average cost of $19.72 per share, for a total transaction of $39,440.00. Following the transaction, the director now directly owns 6,686 shares in the company, valued at approximately $131,847.92. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.95% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC purchased a new position in Abercrombie & Fitch in the 2nd quarter valued at $190,000. Kessler Investment Group LLC purchased a new position in Abercrombie & Fitch in the 3rd quarter valued at $191,000. AMP Capital Investors Ltd purchased a new stake in shares of Abercrombie & Fitch during the 2nd quarter worth $259,000. USA Financial Portformulas Corp purchased a new stake in shares of Abercrombie & Fitch during the 3rd quarter worth $278,000. Finally, Hartford Investment Management Co. purchased a new stake in shares of Abercrombie & Fitch during the 3rd quarter worth $285,000.

COPYRIGHT VIOLATION WARNING: “Abercrombie & Fitch (ANF) Trading Down 8.2%” was published by Daily Political and is the sole property of of Daily Political. If you are viewing this story on another domain, it was copied illegally and republished in violation of United States and international copyright laws. The legal version of this story can be viewed at https://www.dailypolitical.com/2019/01/12/abercrombie-fitch-anf-trading-down-8-2.html.

About Abercrombie & Fitch (NYSE:ANF)

Abercrombie & Fitch Co, through its subsidiaries, operates as a specialty retailer. The Company operates in two segments, Hollister and Abercrombie. It offers apparel, intimates, personal care products, and accessories for men, women, and kids under the Hollister, Abercrombie & Fitch, abercrombie kids, and Gilly Hicks brand names.

Featured Article: What are the economic characteristics of a bear market?

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