Fisher Asset Management LLC Has $104.90 Million Stock Holdings in Abercrombie & Fitch Co. (NYSE:ANF)

Fisher Asset Management LLC grew its holdings in Abercrombie & Fitch Co. (NYSE:ANF) by 23.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 701,798 shares of the apparel retailer’s stock after acquiring an additional 131,970 shares during the period. Fisher Asset Management LLC’s holdings in Abercrombie & Fitch were worth $104,898,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in ANF. UMB Bank n.a. increased its position in shares of Abercrombie & Fitch by 92.2% during the 4th quarter. UMB Bank n.a. now owns 223 shares of the apparel retailer’s stock worth $33,000 after purchasing an additional 107 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Abercrombie & Fitch by 81.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 274 shares of the apparel retailer’s stock worth $38,000 after purchasing an additional 123 shares in the last quarter. Private Trust Co. NA increased its position in shares of Abercrombie & Fitch by 604.4% during the 3rd quarter. Private Trust Co. NA now owns 317 shares of the apparel retailer’s stock worth $44,000 after purchasing an additional 272 shares in the last quarter. Fifth Third Bancorp increased its position in shares of Abercrombie & Fitch by 56.2% during the 4th quarter. Fifth Third Bancorp now owns 367 shares of the apparel retailer’s stock worth $55,000 after purchasing an additional 132 shares in the last quarter. Finally, Parkside Financial Bank & Trust acquired a new stake in shares of Abercrombie & Fitch during the 4th quarter worth about $69,000.

Insider Activity

In other news, Director Suzanne M. Coulter sold 2,870 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $160.00, for a total value of $459,200.00. Following the transaction, the director now owns 6,405 shares of the company’s stock, valued at approximately $1,024,800. This trade represents a 30.94 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ANF. JPMorgan Chase & Co. increased their target price on shares of Abercrombie & Fitch from $201.00 to $204.00 and gave the stock an “overweight” rating in a research report on Friday, December 20th. StockNews.com upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating in a research report on Saturday. Morgan Stanley lowered their price objective on shares of Abercrombie & Fitch from $149.00 to $139.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 15th. Telsey Advisory Group restated an “outperform” rating and issued a $190.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday. Finally, UBS Group upgraded shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and raised their price objective for the company from $173.00 to $220.00 in a research report on Friday, January 10th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $182.25.

Abercrombie & Fitch Trading Up 1.5 %

Shares of NYSE ANF opened at $102.94 on Friday. The firm has a market capitalization of $5.19 billion, a PE ratio of 10.18 and a beta of 1.49. Abercrombie & Fitch Co. has a 1 year low of $99.12 and a 1 year high of $196.99. The firm’s 50-day moving average is $127.32 and its 200-day moving average is $139.33.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.