As Abercrombie & Fitch Co (ANF) Share Price Rose, Quinn Opportunity Partners LLC Has Trimmed Position

January 8, 2018 - By Marguerite Chambers

Investors sentiment increased to 1.24 in 2017 Q3. Its up 0.29, from 0.95 in 2017Q2. It is positive, 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. Walleye Trading Ltd Co has 287,928 shares for 0.02% of their portfolio. Glenmede Trust Na has invested 0% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF). Nationwide Fund Advsr holds 0% or 46,248 shares in its portfolio. Franklin Resource Incorporated has 0% invested in Abercrombie & Fitch Co. (NYSE:ANF). The United Kingdom-based Old Mutual (Uk) has invested 0% in Abercrombie & Fitch Co. (NYSE:ANF). Citadel Advsr Ltd Company holds 1.73M shares or 0.02% of its portfolio. Point72 Asia (Hong Kong) Limited owns 0.08% invested in Abercrombie & Fitch Co. (NYSE:ANF) for 8,037 shares. Credit Suisse Ag invested in 121,863 shares or 0% of the stock. 105,224 are owned by Millennium Mgmt Ltd Liability Corp. California State Teachers Retirement Sys owns 124,323 shares. Mufg Americas Holdg Corporation invested in 1,729 shares. Da Davidson Com stated it has 10,141 shares or 0% of all its holdings. Moreover, Aqr Lc has 0% invested in Abercrombie & Fitch Co. (NYSE:ANF). Cornerstone Cap Management Hldg accumulated 33,900 shares. State Of Alaska Department Of Revenue, Alaska-based fund reported 13,497 shares.

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 1.34 million shares of the clothing and shoe and accessory stores company at the end of 2017Q3, valued at $19.31M, down from 1.62 million 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 $1.24B market cap company. The stock decreased 0.05% or $0.01 during the last trading session, reaching $18.27. About 1.71M shares traded. Abercrombie & Fitch Co. (NYSE:ANF) has declined 47.82% since January 8, 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 Comcast Corp (NASDAQ:CMCSA) by 134,400 shares to 183,000 shares, valued at $7.04 million in 2017Q3, according to the filing. It also increased its holding in Chico’s Fas Inc (NYSE:CHS) by 590,826 shares in the quarter, for a total of 731,476 shares, and has risen its stake in Nxp Semiconductors Nv (NASDAQ:NXPI).

Analysts await Abercrombie & Fitch Co. (NYSE:ANF) to report earnings on March, 1. They expect $0.85 EPS, up 19.72 % or $0.14 from last year’s $0.71 per share. ANF’s profit will be $57.88M for 5.37 P/E if the $0.85 EPS becomes a reality. After $0.30 actual EPS reported by Abercrombie & Fitch Co. for the previous quarter, Wall Street now forecasts 183.33 % EPS growth.

More news for Abercrombie & Fitch Co. (NYSE:ANF) were recently published by: Investorplace.com, which released: “Abercrombie & Fitch Co. Could Head to $20 as Retail Bounces” on December 15, 2017. Investorplace.com‘s article titled: “Why the Abercrombie & Fitch Co. Stock Downtrend Will Continue” and published on December 11, 2017 is yet another important article.

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

Among 31 analysts covering Abercrombie & Fitch Co. (NYSE:ANF), 6 have Buy rating, 10 Sell and 15 Hold. Therefore 19% are positive. Abercrombie & Fitch Co. had 110 analyst reports since August 7, 2015 according to SRatingsIntel. As per Monday, November 21, the company rating was downgraded by RBC Capital Markets. Morgan Stanley maintained Abercrombie & Fitch Co. (NYSE:ANF) rating on Friday, May 27. Morgan Stanley has “Underweight” rating and $17 target. The rating was maintained by Credit Suisse with “Underperform” on Friday, May 27. The rating was maintained by Robert W. Baird on Friday, September 22 with “Neutral”. Robert W. Baird maintained the stock with “Hold” rating in Monday, October 30 report. The firm has “Buy” rating by Vetr given on Wednesday, August 19. The rating was maintained by Telsey Advisory Group on Monday, November 23 with “Market Perform”. Jefferies maintained Abercrombie & Fitch Co. (NYSE:ANF) rating on Tuesday, June 6. Jefferies has “Hold” rating and $1300 target. The firm earned “Hold” rating on Tuesday, September 26 by BMO Capital Markets. The stock of Abercrombie & Fitch Co. (NYSE:ANF) earned “Market Perform” rating by Telsey Advisory Group on Monday, November 20.

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

By

>