Public Employees Retirement Association of Colorado decreased its position in Tiffany & Co. (NYSE:TIF) by 0.3% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 23,373 shares of the specialty retailer’s stock after selling 76 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Tiffany & Co. were worth $2,194,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Mn Services Vermogensbeheer B.V. boosted its position in shares of Tiffany & Co. by 3.9% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 3,319 shares of the specialty retailer’s stock worth $296,000 after buying an additional 124 shares in the last quarter. Nationwide Fund Advisors boosted its position in shares of Tiffany & Co. by 4.0% in the first quarter. Nationwide Fund Advisors now owns 30,396 shares of the specialty retailer’s stock worth $2,897,000 after buying an additional 1,156 shares in the last quarter. Candriam Luxembourg S.C.A. boosted its position in shares of Tiffany & Co. by 17.6% in the first quarter. Candriam Luxembourg S.C.A. now owns 10,816 shares of the specialty retailer’s stock worth $1,031,000 after buying an additional 1,621 shares in the last quarter. Retirement Systems of Alabama boosted its position in shares of Tiffany & Co. by 2.0% in the first quarter. Retirement Systems of Alabama now owns 51,736 shares of the specialty retailer’s stock worth $4,930,000 after buying an additional 1,005 shares in the last quarter. Finally, State of Alaska Department of Revenue bought a new position in shares of Tiffany & Co. during the first quarter worth approximately $497,000. Institutional investors own 81.06% of the company’s stock.

Tiffany & Co. (NYSE TIF) opened at 91.24 on Thursday. The stock’s 50 day moving average price is $93.05 and its 200 day moving average price is $90.41. The company has a market capitalization of $11.37 billion, a price-to-earnings ratio of 25.33 and a beta of 1.92. Tiffany & Co. has a 12-month low of $64.73 and a 12-month high of $97.29.

Tiffany & Co. (NYSE:TIF) last posted its earnings results on Wednesday, May 24th. The specialty retailer reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.04. Tiffany & Co. had a net margin of 11.26% and a return on equity of 15.91%. The company had revenue of $899.60 million during the quarter, compared to analysts’ expectations of $915.48 million. During the same quarter in the previous year, the company posted $0.64 earnings per share. Tiffany & Co.’s quarterly revenue was up .9% compared to the same quarter last year. On average, equities research analysts anticipate that Tiffany & Co. will post $3.96 earnings per share for the current fiscal year.

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Several research firms recently commented on TIF. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a $104.00 price target on shares of Tiffany & Co. in a research note on Thursday, June 1st. Bank of America Corporation reiterated a “buy” rating and issued a $110.00 price target on shares of Tiffany & Co. in a research note on Wednesday, May 10th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $88.00 price target (down previously from $93.00) on shares of Tiffany & Co. in a research note on Thursday, May 25th. BidaskClub upgraded Tiffany & Co. from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, July 25th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $110.00 price target on shares of Tiffany & Co. in a research note on Tuesday, May 2nd. One research analyst has rated the stock with a sell rating, ten have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $92.36.

Tiffany & Co. Company 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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