Nomura Asset Management Company LTD Has Lowered Abercrombie & Fitch Co (ANF) Stake as Stock Price Declined

Abercrombie & Fitch Co. (NYSE:ANF) LogoInvestors sentiment increased to 1.16 in 2019 Q1. Its up 0.08, from 1.08 in 2018Q4. It increased, 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. Employees Retirement Association Of Colorado accumulated 0% or 12,083 shares. Comerica Bank reported 66,970 shares stake. Bnp Paribas Arbitrage Sa holds 67,973 shares. Deutsche State Bank Ag invested 0% in Abercrombie & Fitch Co. (NYSE:ANF). Signaturefd Ltd Llc reported 30 shares. Strs Ohio holds 37,000 shares. Howe & Rusling Inc stated it has 0% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF). Quinn Opportunity Prtn Ltd Liability Com holds 0.04% or 10,000 shares. Kempen Management Nv has invested 0.91% in Abercrombie & Fitch Co. (NYSE:ANF). Citadel Limited Liability Company holds 0.01% or 833,998 shares in its portfolio. State Board Of Administration Of Florida Retirement owns 41,035 shares. Natl Bank Of Mellon holds 0.02% or 2.24M shares. 382,537 were reported by Acadian Asset Lc. Assetmark reported 68 shares. Dsam Prtnrs (London) holds 0.03% of its portfolio in Abercrombie & Fitch Co. (NYSE:ANF) for 7,430 shares.

Since March 8, 2019, it had 1 buying transaction, and 0 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 $11.68 million, 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 $32.64B and $10.18 billion US Long portfolio, upped its stake in Gilead Sciences Inc (NASDAQ:GILD) by 53,172 shares to 557,347 shares, valued at $36.23M in 2019Q1, according to the filing. It also increased its holding in Palo Alto Networks Inc (NYSE:PANW) by 121,990 shares in the quarter, for a total of 409,200 shares, and has risen its stake in First Tr Exchange Traded Fd (FBT).

Analysts await Abercrombie & Fitch Co. (NYSE:ANF) to report earnings on August, 29. They expect $-0.52 earnings per share, down 966.67 % or $0.58 from last year’s $0.06 per share. After $-0.29 actual earnings per share 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: Seekingalpha.com which released: “Why The Sell-Off In Abercrombie & Fitch Stock May Be Overdone – Seeking Alpha” on June 19, 2019, also Finance.Yahoo.com with their article: “Will Abercrombie & Fitch’s “Buy Now, Pay Later” Plan Lock in Gen Z Shoppers? – Yahoo Finance” published on July 10, 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: “Shorts crusher at Abercrombie & Fitch – Seeking Alpha” published on December 03, 2018 as well as Seekingalpha.com‘s news article titled: “Abercrombie & Fitch: The Irrationality Of It All – Seeking Alpha” with publication date: August 02, 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. J.P. Morgan upgraded the stock to “Hold” rating in Thursday, March 7 report. As per Thursday, May 30, the company rating was maintained by Bank of America. The rating was maintained by Deutsche Bank with “Sell” on Thursday, March 7. The firm has “Hold” rating given on Monday, March 11 by Nomura. FBR Capital maintained Abercrombie & Fitch Co. (NYSE:ANF) rating on Thursday, March 7. FBR Capital has “Hold” rating and $26 target. On Thursday, March 7 the stock rating was upgraded by JP Morgan to “Neutral”. On Thursday, March 7 the stock rating was maintained by Robert W. Baird with “Hold”. The rating was maintained by Wedbush with “Buy” on Thursday, March 7. The firm has “Buy” rating given on Thursday, March 7 by Citigroup. As per Thursday, May 30, the company rating was maintained by Wedbush.

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

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