American Century Companies Inc. Has $165.33 Million Holdings in Abercrombie & Fitch Co. (NYSE:ANF)

American Century Companies Inc. trimmed its holdings in Abercrombie & Fitch Co. (NYSE:ANF) by 3.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 929,634 shares of the apparel retailer’s stock after selling 33,845 shares during the period. American Century Companies Inc. owned 1.82% of Abercrombie & Fitch worth $165,326,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Natixis Advisors L.P. acquired a new stake in shares of Abercrombie & Fitch in the fourth quarter valued at approximately $988,000. Cetera Advisors LLC acquired a new stake in shares of Abercrombie & Fitch in the first quarter valued at approximately $674,000. Cetera Investment Advisers raised its position in shares of Abercrombie & Fitch by 209.2% in the first quarter. Cetera Investment Advisers now owns 48,648 shares of the apparel retailer’s stock valued at $6,097,000 after buying an additional 32,915 shares in the last quarter. SG Americas Securities LLC raised its position in shares of Abercrombie & Fitch by 123.3% in the second quarter. SG Americas Securities LLC now owns 33,883 shares of the apparel retailer’s stock valued at $6,026,000 after buying an additional 18,707 shares in the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in shares of Abercrombie & Fitch in the first quarter valued at approximately $585,000.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. UBS Group decreased their price objective on shares of Abercrombie & Fitch from $193.00 to $165.00 and set a “neutral” rating on the stock in a research note on Thursday, August 29th. JPMorgan Chase & Co. raised shares of Abercrombie & Fitch from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $167.00 to $194.00 in a research note on Monday, July 22nd. Jefferies Financial Group lifted their price objective on shares of Abercrombie & Fitch from $215.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. Argus cut shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Thursday, July 11th. Finally, Morgan Stanley decreased their target price on shares of Abercrombie & Fitch from $155.00 to $147.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 29th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $176.57.

Abercrombie & Fitch Stock Performance

NYSE ANF opened at $137.40 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.93 and a current ratio of 1.44. Abercrombie & Fitch Co. has a fifty-two week low of $49.24 and a fifty-two week high of $196.99. The stock has a market cap of $7.02 billion, a PE ratio of 17.09 and a beta of 1.50. The firm’s fifty day moving average price is $153.32 and its two-hundred day moving average price is $146.24.

Insider Buying and Selling

In related news, Director Helen Mccluskey sold 3,500 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $139.38, for a total value of $487,830.00. Following the sale, the director now owns 37,470 shares of the company’s stock, valued at $5,222,568.60. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, CFO Scott D. Lipesky sold 9,000 shares of the business’s stock in a transaction on Friday, August 30th. The shares were sold at an average price of $146.80, for a total value of $1,321,200.00. Following the sale, the chief financial officer now owns 106,455 shares of the company’s stock, valued at $15,627,594. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Helen Mccluskey sold 3,500 shares of the business’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $139.38, for a total transaction of $487,830.00. Following the completion of the sale, the director now directly owns 37,470 shares in the company, valued at approximately $5,222,568.60. The disclosure for this sale can be found here. Insiders have sold a total of 31,541 shares of company stock valued at $4,310,256 over the last 90 days. 3.77% of the stock is owned by insiders.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co, through its subsidiaries, operates as an omnichannel retailer in the United States, Europe, the Middle East, Asia, the Asia-Pacific, Canada, and internationally. The company offers an assortment of apparel, personal care products, and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, Hollister, and Gilly Hicks brands.