Tiffany & Co. (NYSE:TIF) Director Lawrence K. Fish sold 6,000 shares of the business’s stock in a transaction on Monday, September 24th. The stock was sold at an average price of $127.25, for a total value of $763,500.00. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Lawrence K. Fish also recently made the following trade(s):

  • On Friday, September 14th, Lawrence K. Fish sold 8,898 shares of Tiffany & Co. stock. The stock was sold at an average price of $127.96, for a total value of $1,138,588.08.

Shares of TIF opened at $129.21 on Thursday. Tiffany & Co. has a 12-month low of $89.43 and a 12-month high of $141.64. The company has a quick ratio of 2.09, a current ratio of 6.05 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $15.37 billion, a price-to-earnings ratio of 31.29, a PEG ratio of 2.30 and a beta of 1.74.

Tiffany & Co. (NYSE:TIF) last issued its earnings results on Tuesday, August 28th. The specialty retailer reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.16. Tiffany & Co. had a return on equity of 18.67% and a net margin of 10.16%. The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. research analysts forecast that Tiffany & Co. will post 4.8 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 10th. Shareholders of record on Thursday, September 20th will be given a $0.55 dividend. The ex-dividend date of this dividend is Wednesday, September 19th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.70%. Tiffany & Co.’s dividend payout ratio (DPR) is presently 53.27%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. grew its position in shares of Tiffany & Co. by 25.3% in the 1st quarter. BlackRock Inc. now owns 8,673,800 shares of the specialty retailer’s stock valued at $847,085,000 after buying an additional 1,750,051 shares during the last quarter. OppenheimerFunds Inc. grew its position in shares of Tiffany & Co. by 0.4% in the 2nd quarter. OppenheimerFunds Inc. now owns 2,624,691 shares of the specialty retailer’s stock valued at $345,410,000 after buying an additional 10,591 shares during the last quarter. FMR LLC grew its position in shares of Tiffany & Co. by 0.4% in the 2nd quarter. FMR LLC now owns 2,426,009 shares of the specialty retailer’s stock valued at $319,263,000 after buying an additional 9,132 shares during the last quarter. Millennium Management LLC grew its position in shares of Tiffany & Co. by 81.2% in the 2nd quarter. Millennium Management LLC now owns 1,955,023 shares of the specialty retailer’s stock valued at $257,281,000 after buying an additional 876,176 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of Tiffany & Co. by 1.7% in the 2nd quarter. Northern Trust Corp now owns 1,392,475 shares of the specialty retailer’s stock valued at $183,249,000 after buying an additional 22,714 shares during the last quarter. Hedge funds and other institutional investors own 79.65% of the company’s stock.

TIF has been the subject of a number of research analyst reports. Oppenheimer boosted their price target on Tiffany & Co. to $145.00 and gave the stock an “outperform” rating in a report on Friday, June 1st. Susquehanna Bancshares reissued a “neutral” rating and set a $100.00 price target on shares of Tiffany & Co. in a report on Thursday, June 7th. UBS Group assumed coverage on Tiffany & Co. in a report on Thursday, June 21st. They set a “neutral” rating and a $138.00 price target for the company. Edward Jones cut Tiffany & Co. from a “buy” rating to a “hold” rating in a report on Thursday, June 21st. Finally, Goldman Sachs Group assumed coverage on Tiffany & Co. in a report on Monday, June 25th. They issued a “buy” rating and a $165.00 target price for the company. Twelve analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $131.00.

Tiffany & Co. Company Profile

Tiffany & Co, through its subsidiaries, designs, manufactures, and retails jewelry and other items in the Americas, the Asia-Pacific, Japan, Europe, and internationally. The company offers jewelry collections, engagement rings, and wedding bands. It also sells timepieces, leather goods, sterling silver goods, china, crystal, stationery, eyewear, fragrances, and other accessories; and wholesales diamonds and earnings.

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

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