Abercrombie & Fitch Co. (NYSE:ANF) Shares Bought by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund lifted its stake in shares of Abercrombie & Fitch Co. (NYSE:ANF) by 85.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,064 shares of the apparel retailer’s stock after buying an additional 4,647 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Abercrombie & Fitch were worth $1,504,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Everence Capital Management Inc. purchased a new stake in Abercrombie & Fitch during the fourth quarter worth approximately $212,000. Empirical Finance LLC lifted its stake in Abercrombie & Fitch by 87.2% in the fourth quarter. Empirical Finance LLC now owns 8,818 shares of the apparel retailer’s stock valued at $1,318,000 after buying an additional 4,108 shares during the last quarter. Lmcg Investments LLC lifted its stake in Abercrombie & Fitch by 11.2% in the fourth quarter. Lmcg Investments LLC now owns 24,669 shares of the apparel retailer’s stock valued at $3,687,000 after buying an additional 2,479 shares during the last quarter. Mutual of America Capital Management LLC lifted its stake in Abercrombie & Fitch by 228.9% in the third quarter. Mutual of America Capital Management LLC now owns 27,621 shares of the apparel retailer’s stock valued at $3,864,000 after buying an additional 19,222 shares during the last quarter. Finally, Rhumbline Advisers lifted its stake in Abercrombie & Fitch by 3.1% in the fourth quarter. Rhumbline Advisers now owns 158,554 shares of the apparel retailer’s stock valued at $23,699,000 after buying an additional 4,837 shares during the last quarter.

Insider Activity

In other news, Director Suzanne M. Coulter sold 2,870 shares of the firm’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $160.00, for a total value of $459,200.00. Following the completion of the transaction, the director now owns 6,405 shares in the company, valued at $1,024,800. This trade represents a 30.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 2.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ANF shares. Morgan Stanley decreased their price target on Abercrombie & Fitch from $149.00 to $139.00 and set an “equal weight” rating for the company in a report on Wednesday, January 15th. JPMorgan Chase & Co. increased their price target on Abercrombie & Fitch from $201.00 to $204.00 and gave the stock an “overweight” rating in a report on Friday, December 20th. StockNews.com raised Abercrombie & Fitch from a “hold” rating to a “buy” rating in a report on Saturday. Raymond James decreased their price target on Abercrombie & Fitch from $180.00 to $165.00 and set an “outperform” rating for the company in a report on Tuesday, January 14th. Finally, UBS Group raised Abercrombie & Fitch from a “neutral” rating to a “buy” rating and increased their price target for the stock from $173.00 to $220.00 in a report on Friday, January 10th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $182.25.

Abercrombie & Fitch Stock Performance

NYSE:ANF opened at $102.94 on Friday. The stock has a fifty day moving average price of $127.32 and a two-hundred day moving average price of $139.33. The stock has a market capitalization of $5.19 billion, a price-to-earnings 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.

About Abercrombie & Fitch

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.