Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in Tiffany & Co. (NYSE:TIF) by 4.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,707 shares of the specialty retailer’s stock after acquiring an additional 824 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Tiffany & Co. were worth $2,109,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Victory Capital Management Inc. boosted its holdings in Tiffany & Co. by 12.8% in the fourth quarter. Victory Capital Management Inc. now owns 2,534,545 shares of the specialty retailer’s stock valued at $263,466,000 after acquiring an additional 287,224 shares during the last quarter. Investec Asset Management LTD boosted its holdings in Tiffany & Co. by 9.1% in the third quarter. Investec Asset Management LTD now owns 2,290,293 shares of the specialty retailer’s stock valued at $210,203,000 after acquiring an additional 191,783 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in Tiffany & Co. by 22.9% in the third quarter. Janus Henderson Group PLC now owns 1,490,254 shares of the specialty retailer’s stock valued at $136,776,000 after acquiring an additional 277,753 shares during the last quarter. Cramer Rosenthal Mcglynn LLC boosted its holdings in Tiffany & Co. by 300.5% in the third quarter. Cramer Rosenthal Mcglynn LLC now owns 1,321,842 shares of the specialty retailer’s stock valued at $121,319,000 after acquiring an additional 991,802 shares during the last quarter. Finally, Global Thematic Partners LLC boosted its holdings in Tiffany & Co. by 18.0% in the fourth quarter. Global Thematic Partners LLC now owns 725,303 shares of the specialty retailer’s stock valued at $75,397,000 after acquiring an additional 110,608 shares during the last quarter. Institutional investors and hedge funds own 81.33% of the company’s stock.

Tiffany & Co. (TIF) opened at $101.88 on Monday. The company has a current ratio of 5.44, a quick ratio of 2.09 and a debt-to-equity ratio of 0.28. Tiffany & Co. has a 12-month low of $80.48 and a 12-month high of $111.44. The firm has a market capitalization of $12,661.34, a P/E ratio of 27.39, a PEG ratio of 2.14 and a beta of 1.80.

Tiffany & Co. (NYSE:TIF) last issued its earnings results on Wednesday, November 29th. The specialty retailer reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.04. Tiffany & Co. had a return on equity of 15.77% and a net margin of 11.46%. The company had revenue of $976.20 million for the quarter, compared to analyst estimates of $957.18 million. During the same period in the prior year, the firm earned $0.76 earnings per share. Tiffany & Co.’s revenue for the quarter was up 2.8% on a year-over-year basis. research analysts predict that Tiffany & Co. will post 4.08 EPS for the current fiscal year.

In other news, insider Andrew W. Hart sold 40,251 shares of the company’s stock in a transaction that occurred on 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 transaction, the insider now directly owns 22,369 shares of the company’s stock, valued at $2,443,142.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Charles K. Marquis sold 4,717 shares of the company’s stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $107.84, for a total value of $508,681.28. The disclosure for this sale can be found here. Insiders have sold 92,217 shares of company stock worth $10,076,469 over the last ninety days. 1.40% of the stock is owned by insiders.

Several analysts recently commented on the company. Oppenheimer reiterated a “buy” rating on shares of Tiffany & Co. in a report on Wednesday, November 22nd. Wells Fargo & Co set a $96.00 price target on Tiffany & Co. and gave the company a “hold” rating in a research note on Thursday, January 11th. Zacks Investment Research raised Tiffany & Co. from a “hold” rating to a “buy” rating and set a $104.00 price target on the stock in a research note on Monday, November 27th. Susquehanna Bancshares assumed coverage on Tiffany & Co. in a research note on Thursday, November 2nd. They issued a “neutral” rating and a $100.00 price target on the stock. Finally, Royal Bank of Canada boosted their price target on Tiffany & Co. to $108.00 and gave the company a “sector perform” rating in a research note on Thursday, January 18th. They noted that the move was a valuation call. Ten equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $102.00.

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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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