Coldstream Capital Management Inc. Has $229,000 Stake in Abercrombie & Fitch Co. (NYSE:ANF)

Coldstream Capital Management Inc. grew its holdings in Abercrombie & Fitch Co. (NYSE:ANF) by 16.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,639 shares of the apparel retailer’s stock after purchasing an additional 229 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Abercrombie & Fitch were worth $229,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Wolff Wiese Magana LLC lifted its position in Abercrombie & Fitch by 6.5% during the 3rd quarter. Wolff Wiese Magana LLC now owns 1,070 shares of the apparel retailer’s stock worth $150,000 after buying an additional 65 shares in the last quarter. Chartwell Investment Partners LLC lifted its position in shares of Abercrombie & Fitch by 0.8% during the third quarter. Chartwell Investment Partners LLC now owns 9,445 shares of the apparel retailer’s stock worth $1,322,000 after purchasing an additional 74 shares in the last quarter. Atria Investments Inc grew its stake in shares of Abercrombie & Fitch by 5.4% during the third quarter. Atria Investments Inc now owns 1,564 shares of the apparel retailer’s stock valued at $219,000 after purchasing an additional 80 shares during the last quarter. Sage Rhino Capital LLC increased its holdings in shares of Abercrombie & Fitch by 5.5% in the second quarter. Sage Rhino Capital LLC now owns 1,695 shares of the apparel retailer’s stock valued at $301,000 after purchasing an additional 89 shares in the last quarter. Finally, Ritholtz Wealth Management raised its position in Abercrombie & Fitch by 3.6% in the 2nd quarter. Ritholtz Wealth Management now owns 3,277 shares of the apparel retailer’s stock worth $583,000 after purchasing an additional 115 shares during the last quarter.

Analyst Ratings Changes

A number of research analysts have commented on the company. Jefferies Financial Group increased their price objective on Abercrombie & Fitch from $215.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, September 4th. UBS Group lifted their price objective on Abercrombie & Fitch from $170.00 to $173.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 27th. Telsey Advisory Group restated an “outperform” rating and set a $190.00 target price on shares of Abercrombie & Fitch in a research report on Tuesday, November 26th. Morgan Stanley lifted their price target on shares of Abercrombie & Fitch from $147.00 to $149.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 27th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Abercrombie & Fitch from $194.00 to $195.00 and gave the company an “overweight” rating in a report on Friday, October 4th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $178.38.

Insider Buying and Selling

In other Abercrombie & Fitch news, Director Suzanne M. Coulter sold 2,870 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $160.00, for a total transaction of $459,200.00. Following the sale, the director now directly owns 6,405 shares in the company, valued at approximately $1,024,800. This trade represents a 30.94 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Samir Desai sold 5,926 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $148.51, for a total transaction of $880,070.26. Following the completion of the transaction, the executive vice president now owns 22,059 shares of the company’s stock, valued at $3,275,982.09. This trade represents a 21.18 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 17,401 shares of company stock valued at $2,631,741. 2.58% of the stock is owned by company insiders.

Abercrombie & Fitch Trading Up 3.0 %

Abercrombie & Fitch stock opened at $146.86 on Tuesday. The firm has a market capitalization of $7.40 billion, a P/E ratio of 14.53 and a beta of 1.52. The business has a 50-day moving average of $145.70 and a 200-day moving average of $153.48. Abercrombie & Fitch Co. has a 1 year low of $83.50 and a 1 year high of $196.99.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results on Tuesday, November 26th. The apparel retailer reported $2.50 EPS for the quarter, beating the consensus estimate of $2.32 by $0.18. The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. The business’s quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.83 earnings per share. Research analysts anticipate that Abercrombie & Fitch Co. will post 10.61 EPS for the current fiscal year.

About Abercrombie & Fitch

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.