ClariVest Asset Management LLC increased its position in shares of Abercrombie & Fitch Co. (NYSE:ANF) by 38.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 139,600 shares of the apparel retailer’s stock after buying an additional 38,600 shares during the period. ClariVest Asset Management LLC’s holdings in Abercrombie & Fitch were worth $3,826,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Arizona State Retirement System lifted its stake in Abercrombie & Fitch by 4.4% in the 4th quarter. Arizona State Retirement System now owns 101,397 shares of the apparel retailer’s stock valued at $2,033,000 after purchasing an additional 4,241 shares during the last quarter. Rhumbline Advisers lifted its stake in Abercrombie & Fitch by 19.4% in the 4th quarter. Rhumbline Advisers now owns 197,961 shares of the apparel retailer’s stock valued at $3,969,000 after purchasing an additional 32,117 shares during the last quarter. SG Americas Securities LLC lifted its stake in Abercrombie & Fitch by 44.3% in the 4th quarter. SG Americas Securities LLC now owns 11,385 shares of the apparel retailer’s stock valued at $228,000 after purchasing an additional 3,496 shares during the last quarter. Dupont Capital Management Corp lifted its stake in Abercrombie & Fitch by 60.8% in the 4th quarter. Dupont Capital Management Corp now owns 25,520 shares of the apparel retailer’s stock valued at $512,000 after purchasing an additional 9,649 shares during the last quarter. Finally, Hartford Investment Management Co. lifted its stake in Abercrombie & Fitch by 54.9% in the 4th quarter. Hartford Investment Management Co. now owns 20,876 shares of the apparel retailer’s stock valued at $419,000 after purchasing an additional 7,400 shares during the last quarter.

Shares of NYSE ANF opened at $15.51 on Wednesday. The company has a quick ratio of 1.04, a current ratio of 1.64 and a debt-to-equity ratio of 1.32. Abercrombie & Fitch Co. has a 52-week low of $15.22 and a 52-week high of $30.63. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 13.49, a price-to-earnings-growth ratio of 1.21 and a beta of 1.04.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings results on Wednesday, May 29th. The apparel retailer reported ($0.29) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.43) by $0.14. Abercrombie & Fitch had a net margin of 2.76% and a return on equity of 8.73%. The firm had revenue of $733.97 million during the quarter, compared to analysts’ expectations of $730.79 million. During the same period in the prior year, the company posted ($0.56) EPS. The company’s revenue was up .4% on a year-over-year basis. As a group, research analysts expect that Abercrombie & Fitch Co. will post 0.85 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, June 7th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 5.16%. The ex-dividend date of this dividend is Thursday, June 6th. Abercrombie & Fitch’s dividend payout ratio (DPR) is presently 69.57%.

Several equities analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $29.00 price target for the company in a research report on Tuesday, May 21st. ValuEngine cut shares of Abercrombie & Fitch from a “sell” rating to a “strong sell” rating in a research report on Tuesday. B. Riley set a $26.00 price target on shares of Abercrombie & Fitch and gave the company a “hold” rating in a research report on Wednesday, June 5th. Bank of America decreased their price target on shares of Abercrombie & Fitch from $20.00 to $16.00 and set an “underperform” rating for the company in a research report on Thursday, May 30th. Finally, Wedbush decreased their price target on shares of Abercrombie & Fitch from $23.00 to $16.00 and set an “underperform” rating for the company in a research report on Thursday, May 30th. Six equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $22.17.

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Abercrombie & Fitch Profile

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

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

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