Nomura Asset Management Company LTD Lowered Its Position in Abercrombie & Fitch Co (ANF) by $5.16 Million as Stock Declined

Abercrombie & Fitch Co. (NYSE:ANF) LogoInvestors sentiment increased to 1.16 in Q1 2019. 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. Nordea Management Ab reported 139,600 shares. Guggenheim Capital Limited Liability Com holds 0.01% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF) for 31,386 shares. Assetmark holds 0% or 68 shares. Cibc Asset Management owns 8,807 shares or 0% of their US portfolio. Adams Asset Advisors Ltd Liability Company stated it has 0.16% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF). New York-based Tiaa Cref Investment Mgmt Ltd Liability Com has invested 0% in Abercrombie & Fitch Co. (NYSE:ANF). Moreover, Principal Finance Grp Inc Inc has 0.01% invested in Abercrombie & Fitch Co. (NYSE:ANF). Smith Graham Inv Advsr LP stated it has 0.48% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF). Jefferies Gru Lc reported 78,679 shares stake. Arizona State Retirement Sys has 101,572 shares for 0.03% of their portfolio. Comerica Financial Bank has invested 0.01% in Abercrombie & Fitch Co. (NYSE:ANF). Kbc Nv stated it has 0.05% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF). 7,873 were reported by Cibc Ww. 37,331 were accumulated by Zacks Mgmt. Bnp Paribas Arbitrage invested 0% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF).

Since March 8, 2019, it had 1 buy, and 0 selling transactions 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 2.13 million 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 $32.64 billion and $10.18B US Long portfolio, upped its stake in New Oriental Ed & Tech Grp I (NYSE:EDU) by 519,140 shares to 527,440 shares, valued at $47.52M in 2019Q1, according to the filing. It also increased its holding in Alibaba Group Hldg Ltd (NYSE:BABA) by 373,173 shares in the quarter, for a total of 1.51 million shares, and has risen its stake in Illumina Inc (NASDAQ:ILMN).

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. to Report Second Quarter 2019 Results on August 29, 2019 – GlobeNewswire” on August 02, 2019, also Fool.com with their article: “Why Abercrombie & Fitch, Zayo Group Holdings, and AeroVironment Jumped Today – The Motley Fool” published on March 06, 2019, Forbes.com published: “Should Abercrombie Spin-Off Hollister As A Separate Entity? – Forbes” on August 02, 2019. More interesting news about Abercrombie & Fitch Co. (NYSE:ANF) were released by: Seekingalpha.com and their article: “Can Abercrombie & Fitch Survive A Revenue Decline? – Seeking Alpha” published on November 27, 2018 as well as Finance.Yahoo.com‘s news article titled: “Is Abercrombie & Fitch Co. (NYSE:ANF) A Smart Choice For Dividend Investors? – Yahoo Finance” with publication date: June 25, 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 of Abercrombie & Fitch Co. (NYSE:ANF) earned “Hold” rating by J.P. Morgan on Thursday, March 7. The rating was maintained by Wedbush on Thursday, May 30 with “Underperform”. The firm has “Hold” rating given on Thursday, March 7 by FBR Capital. Wedbush maintained it with “Buy” rating and $23 target in Thursday, March 7 report. As per Thursday, March 7, the company rating was maintained by Citigroup. The stock of Abercrombie & Fitch Co. (NYSE:ANF) has “Sell” rating given on Thursday, March 7 by Deutsche Bank. JP Morgan upgraded the shares of ANF in report on Thursday, March 7 to “Neutral” rating. Robert W. Baird maintained Abercrombie & Fitch Co. (NYSE:ANF) rating on Thursday, March 7. Robert W. Baird has “Hold” rating and $25 target. The stock has “Hold” rating by Nomura on Monday, March 11. The stock of Abercrombie & Fitch Co. (NYSE:ANF) has “Underperform” rating given on Thursday, May 30 by Bank of America.

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

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