Quinn Opportunity Partners LLC Stake in Abercrombie & Fitch Co (ANF) Trimmed as Share Price Rose

February 15, 2018 - By Adrian Mccoy

Investors sentiment increased to 1.24 in Q3 2017. Its up 0.29, from 0.95 in 2017Q2. It increased, as 27 investors sold ANF shares while 51 reduced holdings. 36 funds opened positions while 61 raised stakes. 66.34 million shares or 4.05% more from 63.76 million shares in 2017Q2 were reported. State Teachers Retirement System holds 0.01% or 148,897 shares. Glenmede Company Na holds 253 shares or 0% of its portfolio. Teachers Retirement Sys Of The State Of Kentucky holds 23,300 shares or 0% of its portfolio. Franklin Resource Inc has invested 0% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF). 112 were reported by Tci Wealth Advisors. Contrarian Cap Management Limited Liability Company has invested 0.31% in Abercrombie & Fitch Co. (NYSE:ANF). Sentinel Tru Lba stated it has 133,090 shares or 0.32% of all its holdings. Qcm Cayman Limited reported 11,957 shares. Envestnet Asset Mngmt holds 0% or 66 shares in its portfolio. Carroll Fincl Associate holds 1,204 shares. Lpl Limited Liability holds 15,833 shares. Dimensional Fund Advsr Lp holds 0.03% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF) for 5.03M shares. Pinebridge Investments LP has invested 0.04% in Abercrombie & Fitch Co. (NYSE:ANF). The Pennsylvania-based Valley National Advisers Incorporated has invested 0% in Abercrombie & Fitch Co. (NYSE:ANF). Art Advsr Ltd Limited Liability Company reported 0.03% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF).

Quinn Opportunity Partners Llc decreased its stake in Abercrombie & Fitch Co (ANF) by 17.72% based on its latest 2017Q3 regulatory filing with the SEC. Quinn Opportunity Partners Llc sold 287,900 shares as the company’s stock rose 2.13% with the market. The institutional investor held 1.34M shares of the clothing and shoe and accessory stores company at the end of 2017Q3, valued at $19.31 million, down from 1.62M at the end of the previous reported quarter. Quinn Opportunity Partners Llc who had been investing in Abercrombie & Fitch Co for a number of months, seems to be less bullish one the $1.49B market cap company. The stock decreased 0.59% or $0.13 during the last trading session, reaching $21.87. About 909,054 shares traded. Abercrombie & Fitch Co. (NYSE:ANF) has declined 47.82% since February 15, 2017 and is downtrending. It has underperformed by 64.52% the S&P500.

Quinn Opportunity Partners Llc, which manages about $635.47 million US Long portfolio, upped its stake in Time Warner Inc (NYSE:TWX) by 409,300 shares to 693,400 shares, valued at $71.04M in 2017Q3, according to the filing. It also increased its holding in Goldman Sachs Group Inc (NYSE:GS) by 14,000 shares in the quarter, for a total of 15,500 shares, and has risen its stake in Chico’s Fas Inc (NYSE:CHS).

Analysts await Abercrombie & Fitch Co. (NYSE:ANF) to report earnings on March, 1. They expect $0.85 earnings per share, up 19.72 % or $0.14 from last year’s $0.71 per share. ANF’s profit will be $57.87 million for 6.43 P/E if the $0.85 EPS becomes a reality. After $0.30 actual earnings per share reported by Abercrombie & Fitch Co. for the previous quarter, Wall Street now forecasts 183.33 % EPS growth.

More important recent Abercrombie & Fitch Co. (NYSE:ANF) news were published by: Reuters.com which released: “Abercrombie & Fitch settles workers’ clothing claims for $25 mln” on January 29, 2018, also Prnewswire.com published article titled: “What’s Happening With These Apparel Stores Stocks? — Abercrombie & Fitch …”, Bloomberg.com published: “Abercrombie, Once Averse to Ads, Touts Hollister on Web Series” on February 14, 2018. More interesting news about Abercrombie & Fitch Co. (NYSE:ANF) was released by: Fool.com and their article: “Why Abercrombie & Fitch Co. Stock Popped Today” with publication date: January 22, 2018.

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

Among 31 analysts covering Abercrombie & Fitch Co. (NYSE:ANF), 7 have Buy rating, 9 Sell and 15 Hold. Therefore 23% are positive. Abercrombie & Fitch Co. had 114 analyst reports since August 7, 2015 according to SRatingsIntel. Vetr upgraded Abercrombie & Fitch Co. (NYSE:ANF) rating on Wednesday, August 19. Vetr has “Buy” rating and $20.22 target. Robert W. Baird maintained the shares of ANF in report on Friday, September 22 with “Neutral” rating. As per Monday, November 20, the company rating was maintained by Citigroup. The company was maintained on Thursday, March 17 by RBC Capital Markets. Wolfe Research upgraded the stock to “Outperform” rating in Thursday, January 7 report. As per Friday, May 27, the company rating was maintained by Mizuho. JP Morgan maintained it with “Neutral” rating and $34 target in Monday, March 14 report. The stock has “Underperform” rating by Oppenheimer on Tuesday, January 3. The stock of Abercrombie & Fitch Co. (NYSE:ANF) earned “Reduce” rating by Standpoint Research on Wednesday, May 10. The firm has “Neutral” rating given on Thursday, September 3 by Mizuho.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.