Abercrombie & Fitch Co (ANF) Share Price Declined While Nomura Asset Management Company LTD Has Decreased Position by $5.16 Million

Abercrombie & Fitch Co. (NYSE:ANF) LogoInvestors sentiment increased to 1.16 in 2019 Q1. Its up 0.08, from 1.08 in 2018Q4. It is positive, as 29 investors sold ANF shares while 67 reduced holdings. 50 funds opened positions while 61 raised stakes. 71.53 million shares or 1.41% less from 72.56 million shares in 2018Q4 were reported. Citadel Advisors Limited Liability Corp has invested 0.01% in Abercrombie & Fitch Co. (NYSE:ANF). Acadian Asset Limited Liability Company holds 0.05% in Abercrombie & Fitch Co. (NYSE:ANF) or 382,537 shares. Hsbc Holdings Public Ltd Liability holds 0% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF) for 12,538 shares. Ny State Common Retirement Fund stated it has 276,300 shares. 89,615 are owned by Alliancebernstein Limited Partnership. James Inv Research reported 0.06% stake. Indexiq Advsrs Limited stated it has 0.05% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF). Goldman Sachs Grp holds 0.01% or 1.62 million shares in its portfolio. Bnp Paribas Arbitrage Sa invested in 67,973 shares or 0% of the stock. Valley Natl Advisers Inc invested in 5 shares. State Board Of Administration Of Florida Retirement holds 0% or 41,035 shares in its portfolio. Gotham Asset Mngmt Limited Co has invested 0.01% in Abercrombie & Fitch Co. (NYSE:ANF). Moreover, Sei Invests Co has 0.01% invested in Abercrombie & Fitch Co. (NYSE:ANF) for 67,278 shares. Brandywine Global Inv Mgmt Limited Liability Corp reported 0.04% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF). Advisors Preferred Ltd Llc stated it has 0.15% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF).

Since March 8, 2019, it had 1 insider buy, and 0 insider sales for $74,966 activity.

Nomura Asset Management Company Ltd decreased its stake in Abercrombie & Fitch Co (ANF) by 30.95% based on its latest 2019Q1 regulatory filing with the SEC. Nomura Asset Management Company Ltd sold 191,000 shares as the company’s stock declined 36.86% . The institutional investor held 426,200 shares of the clothing and shoe and accessory stores company at the end of 2019Q1, valued at $11.68M, down from 617,200 at the end of the previous reported quarter. Nomura Asset Management Company Ltd who had been investing in Abercrombie & Fitch Co for a number of months, seems to be less bullish one the $996.49 million market cap company. The stock decreased 2.82% or $0.44 during the last trading session, reaching $15.17. About 2.13M shares traded. Abercrombie & Fitch Co. (NYSE:ANF) has declined 19.72% since August 15, 2018 and is downtrending. It has underperformed by 19.72% the S&P500.

Nomura Asset Management Company Ltd, which manages about $32.64B and $10.18B US Long portfolio, upped its stake in Infosys Ltd (NYSE:INFY) by 632,200 shares to 694,200 shares, valued at $7.59 million in 2019Q1, according to the filing. It also increased its holding in Facebook Inc (NASDAQ:FB) by 29,406 shares in the quarter, for a total of 456,109 shares, and has risen its stake in Ralph Lauren Corp (NYSE:RL).

Analysts await Abercrombie & Fitch Co. (NYSE:ANF) to report earnings on August, 29. They expect $-0.52 EPS, down 966.67 % or $0.58 from last year’s $0.06 per share. After $-0.29 actual EPS reported by Abercrombie & Fitch Co. for the previous quarter, Wall Street now forecasts 79.31 % negative EPS growth.

More notable recent Abercrombie & Fitch Co. (NYSE:ANF) news were published by: Globenewswire.com which released: “Abercrombie & Fitch Co. joins the CanopyStyle Initiative – GlobeNewswire” on February 05, 2019, also Seekingalpha.com with their article: “Abercrombie & Fitch axes COO position – Seeking Alpha” published on May 14, 2019, Finance.Yahoo.com published: “Is Abercrombie & Fitch Co. (NYSE:ANF) A Smart Choice For Dividend Investors? – Yahoo Finance” on June 25, 2019. More interesting news about Abercrombie & Fitch Co. (NYSE:ANF) were released by: Seekingalpha.com and their article: “Abercrombie & Fitch: Growth Has Peaked – Seeking Alpha” published on December 17, 2018 as well as Schaeffersresearch.com‘s news article titled: “ANF Stock Rides The Retail Wave Lower – Schaeffers Research” with publication date: January 14, 2019.

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

Among 8 analysts covering Abercrombie & Fitch (NYSE:ANF), 1 have Buy rating, 2 Sell and 5 Hold. Therefore 13% are positive. Abercrombie & Fitch has $35 highest and $1600 lowest target. $24.44’s average target is 61.11% above currents $15.17 stock price. Abercrombie & Fitch had 16 analyst reports since February 20, 2019 according to SRatingsIntel. The stock has “Hold” rating by Nomura on Monday, March 11. The firm has “Neutral” rating by JP Morgan given on Thursday, March 7. Bank of America maintained it with “Underperform” rating and $1600 target in Thursday, May 30 report. Wedbush maintained the shares of ANF in report on Thursday, March 7 with “Buy” rating. The firm has “Sell” rating given on Thursday, March 7 by Deutsche Bank. The stock has “Hold” rating by J.P. Morgan on Thursday, March 7. The firm has “Hold” rating given on Thursday, March 7 by Robert W. Baird. Wedbush maintained Abercrombie & Fitch Co. (NYSE:ANF) on Thursday, May 30 with “Underperform” rating. The firm has “Buy” rating by Citigroup given on Thursday, March 7. FBR Capital maintained Abercrombie & Fitch Co. (NYSE:ANF) rating on Thursday, March 7. FBR Capital has “Hold” rating and $26 target.

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

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