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

August 12, 2018 - By Mark Babin

Abercrombie & Fitch Co. (NYSE:ANF) LogoInvestors sentiment decreased to 1.03 in 2018 Q1. Its down 0.20, from 1.23 in 2017Q4. It fall, 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. Ameritas Invest owns 5,881 shares or 0.01% of their US portfolio. Prudential Incorporated holds 0.01% or 207,519 shares in its portfolio. 5,600 were reported by Old Mutual Customised Solutions (Proprietary). Samlyn Limited Com holds 129,421 shares or 0.07% of its portfolio. Bnp Paribas Arbitrage reported 91,842 shares or 0% of all its holdings. American Intl Grp Inc has 43,685 shares for 0% of their portfolio. Blackrock Incorporated has 9.25M shares for 0.01% of their portfolio. Paloma Prtn Mgmt Communication holds 28,650 shares or 0.01% of its portfolio. State Of Tennessee Treasury Department has 48,502 shares for 0.01% of their portfolio. Citadel Advsrs Limited Com holds 1.30M shares. Moreover, Commercial Bank Of America Corporation De has 0% invested in Abercrombie & Fitch Co. (NYSE:ANF) for 198,139 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Management, Alberta – Canada-based fund reported 442,192 shares. Moreover, Stone Ridge Asset Management has 0.12% invested in Abercrombie & Fitch Co. (NYSE:ANF). Credit Suisse Ag has invested 0% in Abercrombie & Fitch Co. (NYSE:ANF). Ckw Fin Grp Inc has invested 0% in Abercrombie & Fitch Co. (NYSE:ANF).

Since March 8, 2018, it had 1 buying transaction, and 2 selling transactions for $1.20 million activity. $771,400 worth of stock was sold by Andersen Stacia J.P. on Wednesday, June 20. $474,400 worth of Abercrombie & Fitch Co. (NYSE:ANF) was sold by MARTINEZ ARTHUR C.

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 1.40 million 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 2.31 million 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 firm has “Neutral” rating given on Thursday, March 8 by Robert W. Baird. The stock has “Market Perform” rating by BMO Capital Markets on Thursday, March 8. The stock of Abercrombie & Fitch Co. (NYSE:ANF) has “Underweight” rating given on Monday, June 4 by JP Morgan. Jefferies maintained Abercrombie & Fitch Co. (NYSE:ANF) on Wednesday, March 7 with “Hold” rating. The rating was maintained by B. Riley & Co with “Neutral” on Tuesday, February 27. The rating was maintained by Morgan Stanley with “Underweight” on Thursday, March 8. The stock has “Hold” rating by RBC Capital Markets on Wednesday, March 7.

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

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

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