Contrarius Investment Management Ltd Decreased Abercrombie & Fitch Co (NYSE:ANF) Stake By $31.16 Million

August 12, 2018 - By Jenna Rose

Abercrombie & Fitch Co. (NYSE:ANF) LogoInvestors sentiment decreased to 1.03 in 2018 Q1. Its down 0.20, from 1.23 in 2017Q4. It dived, as 32 investors sold ANF shares while 74 reduced holdings. 50 funds opened positions while 59 raised stakes. 67.61 million shares or 2.26% less from 69.17 million shares in 2017Q4 were reported. Wells Fargo And Mn reported 231,243 shares. California State Teachers Retirement Sys holds 0.01% or 117,001 shares in its portfolio. Sg Americas Lc holds 0% or 22,106 shares. Snow Mgmt Limited Partnership has invested 0.09% in Abercrombie & Fitch Co. (NYSE:ANF). Invesco Limited holds 111,975 shares or 0% of its portfolio. 5,600 were reported by Riverhead Cap Mgmt Ltd Liability Com. Glenmede Tru Na accumulated 253 shares. C M Bidwell & Associate Limited holds 0.12% or 5,540 shares. Alliancebernstein Limited Partnership has invested 0% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF). Moreover, Jabre Cap Prtn Sa has 0.1% invested in Abercrombie & Fitch Co. (NYSE:ANF) for 20,000 shares. Rowland And Inv Counsel Adv holds 0% or 17,745 shares in its portfolio. Kbc Gp Nv holds 327,638 shares. Ellington Grp Incorporated Limited Liability invested 0.24% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF). Citigroup stated it has 0% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF). Systematic Fincl Mngmt L P has 638,462 shares for 0.34% of their portfolio.

Since March 8, 2018, it had 1 buy, and 2 selling transactions for $1.20 million activity. 28,000 shares were sold by Andersen Stacia J.P., worth $771,400 on Wednesday, June 20. MARTINEZ ARTHUR C had sold 20,000 shares worth $474,400 on Thursday, March 8.

Contrarius Investment Management Ltd decreased its stake in Abercrombie & Fitch Co (NYSE:ANF) by 93.06% based on its latest 2018Q2 regulatory filing with the SEC. Contrarius Investment Management Ltd sold 1.30 million shares as the company’s stock rose 20.50% while stock markets declined. The institutional investor held 96,771 shares of the clothing and shoe and accessory stores company at the end of 2018Q2, valued at $2.37 million, down from 1.40M at the end of the previous reported quarter. Contrarius Investment Management Ltd who had been investing in Abercrombie & Fitch Co for a number of months, seems to be less bullish one the $1.84B market cap company. The stock increased 4.06% or $1.06 during the last trading session, reaching $27.14. About 2.31M shares traded. Abercrombie & Fitch Co. (NYSE:ANF) has risen 81.14% since August 13, 2017 and is uptrending. It has outperformed by 68.57% the S&P500.

Abercrombie & Fitch Co. (NYSE:ANF) Ratings Coverage

Among 8 analysts covering Abercrombie \u0026 Fitch (NYSE:ANF), 0 have Buy rating, 2 Sell and 6 Hold. Therefore 0 are positive. Abercrombie \u0026 Fitch had 8 analyst reports since February 27, 2018 according to SRatingsIntel. The company was maintained on Thursday, March 8 by Robert W. Baird. The rating was maintained by RBC Capital Markets on Wednesday, March 7 with “Hold”. On Thursday, March 8 the stock rating was maintained by Morgan Stanley with “Underweight”. The firm has “Neutral” rating by B. Riley & Co given on Tuesday, February 27. On Thursday, March 8 the stock rating was maintained by BMO Capital Markets with “Market Perform”. Jefferies maintained the stock with “Hold” rating in Wednesday, March 7 report. The rating was maintained by JP Morgan with “Underweight” on Monday, June 4.

Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer. The company has market cap of $1.84 billion. The Firm operates through two divisions, Abercrombie and Hollister. It has a 71.42 P/E ratio. It offers knit tops, woven shirts, graphic T-shirts, fleece, sweaters, jeans, woven pants, shorts, outerwear, dresses, intimates, and swimwear; and personal care products and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, Hollister, and Gilly Hicks brand names.

More recent Abercrombie & Fitch Co. (NYSE:ANF) news were published by: Benzinga.com which released: “Barron’s Picks And Pans: Abercrombie, Equinix, Kraft Heinz, Twitter And More” on August 12, 2018. Also Globenewswire.com published the news titled: “Abercrombie & Fitch Co. Launches Venmo Integration in Mobile Apps” on August 07, 2018. Seekingalpha.com‘s news article titled: “Meet your mall comeback stories” with publication date: July 18, 2018 was also an interesting one.

Abercrombie & Fitch Co. (NYSE:ANF) Institutional Positions Chart

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