Tiffany & Co. (NYSE:TIF) Director Francesco Trapani bought 48,936 shares of the business’s stock in a transaction that occurred on Tuesday, August 29th. The shares were bought at an average cost of $89.16 per share, for a total transaction of $4,363,133.76. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Francesco Trapani also recently made the following trade(s):

  • On Wednesday, August 30th, Francesco Trapani bought 56,064 shares of Tiffany & Co. stock. The shares were bought at an average cost of $88.03 per share, for a total transaction of $4,935,313.92.
  • On Thursday, August 31st, Francesco Trapani bought 76,064 shares of Tiffany & Co. stock. The shares were bought at an average cost of $88.69 per share, for a total transaction of $6,746,116.16.
  • On Monday, August 28th, Francesco Trapani bought 35,000 shares of Tiffany & Co. stock. The shares were bought at an average cost of $89.34 per share, for a total transaction of $3,126,900.00.

Shares of Tiffany & Co. (NYSE TIF) opened at 92.37 on Friday. The company has a market capitalization of $11.50 billion, a price-to-earnings ratio of 25.09 and a beta of 1.92. Tiffany & Co. has a 52 week low of $66.35 and a 52 week high of $97.29. The firm has a 50 day moving average price of $91.32 and a 200 day moving average price of $91.50.

Tiffany & Co. (NYSE:TIF) last released its quarterly earnings results on Thursday, August 24th. The specialty retailer reported $0.92 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.86 by $0.06. The firm had revenue of $960 million for the quarter, compared to the consensus estimate of $930.19 million. Tiffany & Co. had a return on equity of 15.91% and a net margin of 11.41%. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the business posted $0.84 EPS. Equities analysts forecast that Tiffany & Co. will post $3.97 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 10th. Investors of record on Wednesday, September 20th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, September 19th. This represents a $2.00 annualized dividend and a yield of 2.17%. Tiffany & Co.’s dividend payout ratio (DPR) is presently 54.35%.

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Several research analysts recently issued reports on the company. Needham & Company LLC reaffirmed a “hold” rating on shares of Tiffany & Co. in a research report on Friday, August 25th. Oppenheimer Holdings, Inc. set a $105.00 target price on Tiffany & Co. and gave the company a “buy” rating in a research report on Thursday, August 24th. Zacks Investment Research cut Tiffany & Co. from a “buy” rating to a “hold” rating in a research report on Wednesday, August 23rd. Jefferies Group LLC set a $110.00 target price on Tiffany & Co. and gave the company a “buy” rating in a research report on Wednesday, August 16th. Finally, BidaskClub cut Tiffany & Co. from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 10th. Ten investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $92.81.

Institutional investors have recently added to or reduced their stakes in the stock. Delphi Private Advisors LLC increased its position in Tiffany & Co. by 100.0% in the second quarter. Delphi Private Advisors LLC now owns 1,200 shares of the specialty retailer’s stock valued at $100,000 after buying an additional 600 shares during the period. Fifth Third Bancorp increased its position in Tiffany & Co. by 6.0% in the first quarter. Fifth Third Bancorp now owns 1,090 shares of the specialty retailer’s stock valued at $104,000 after buying an additional 62 shares during the period. IFP Advisors Inc increased its position in Tiffany & Co. by 66.9% in the first quarter. IFP Advisors Inc now owns 1,237 shares of the specialty retailer’s stock valued at $118,000 after buying an additional 496 shares during the period. QS Investors LLC increased its position in Tiffany & Co. by 8.2% in the second quarter. QS Investors LLC now owns 1,363 shares of the specialty retailer’s stock valued at $128,000 after buying an additional 103 shares during the period. Finally, Macquarie Group Ltd. increased its position in Tiffany & Co. by 325.0% in the fourth quarter. Macquarie Group Ltd. now owns 1,700 shares of the specialty retailer’s stock valued at $132,000 after buying an additional 1,300 shares during the period. Institutional investors own 79.70% of the company’s stock.

About Tiffany & Co.

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.

Insider Buying and Selling by Quarter for Tiffany & Co. (NYSE:TIF)

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