Lesa Sroufe & Co raised its position in Abercrombie & Fitch Company (NYSE:ANF) by 1.6% during the second quarter, Holdings Channel reports. The institutional investor owned 208,543 shares of the apparel retailer’s stock after buying an additional 3,238 shares during the period. Abercrombie & Fitch comprises 2.4% of Lesa Sroufe & Co’s investment portfolio, making the stock its 24th largest position. Lesa Sroufe & Co’s holdings in Abercrombie & Fitch were worth $2,594,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in ANF. Norges Bank acquired a new position in Abercrombie & Fitch during the fourth quarter worth approximately $12,227,000. Teachers Advisors LLC raised its position in Abercrombie & Fitch by 1.5% in the fourth quarter. Teachers Advisors LLC now owns 117,301 shares of the apparel retailer’s stock valued at $1,408,000 after buying an additional 1,698 shares in the last quarter. Bank of Montreal Can raised its position in 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 valued at $790,000 after buying an additional 61,141 shares in the last quarter. Louisiana State Employees Retirement System raised its position in 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 valued at $329,000 after buying an additional 400 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its position in Abercrombie & Fitch by 143.4% in the first quarter. Nisa Investment Advisors LLC now owns 24,100 shares of the apparel retailer’s stock valued at $288,000 after buying an additional 14,200 shares in the last quarter.

Abercrombie & Fitch Company (NYSE:ANF) opened at 9.37 on Wednesday. The firm’s market cap is $637.31 million. The stock has a 50 day moving average of $10.28 and a 200-day moving average of $11.66. Abercrombie & Fitch Company has a 12 month low of $8.81 and a 12 month high of $23.29. Abercrombie & Fitch also was the recipient of some unusual options trading on Tuesday. Stock traders acquired 3,302 put options on the company. This is an increase of approximately 1,051% compared to the average daily volume of 287 put options.

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

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Several equities analysts have commented on ANF shares. Vetr lowered shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating and set a $12.38 target price on the stock. in a report on Monday, April 24th. Zacks Investment Research raised shares of Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 2nd. Jefferies Group LLC reissued a “hold” rating and issued a $13.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, May 3rd. Standpoint Research lowered shares of Abercrombie & Fitch from a “buy” rating to a “reduce” rating in a report on Wednesday, May 10th. Finally, Wunderlich lowered shares of Abercrombie & Fitch from a “hold” rating to a “sell” rating and set a $12.00 target price on the stock. in a report on Thursday, May 11th. Eleven analysts have rated the stock with a sell rating, thirteen have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $13.76.

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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