Tiffany & Co. (TIF) is Stanley Laman Group Ltd.’s 8th Largest Position

Stanley Laman Group Ltd. trimmed its position in Tiffany & Co. (NYSE:TIF) by 7.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,000 shares of the specialty retailer’s stock after selling 5,000 shares during the period. Tiffany & Co. makes up about 1.5% of Stanley Laman Group Ltd.’s holdings, making the stock its 8th biggest position. Stanley Laman Group Ltd.’s holdings in Tiffany & Co. were worth $6,757,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Calton & Associates Inc. purchased a new stake in shares of Tiffany & Co. during the 4th quarter worth $118,000. Denali Advisors LLC purchased a new stake in shares of Tiffany & Co. during the 4th quarter worth $125,000. QS Investors LLC boosted its position in shares of Tiffany & Co. by 8.2% during the 2nd quarter. QS Investors LLC now owns 1,363 shares of the specialty retailer’s stock worth $128,000 after purchasing an additional 103 shares in the last quarter. Sawyer & Company Inc purchased a new stake in shares of Tiffany & Co. during the 4th quarter worth $130,000. Finally, Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Tiffany & Co. by 103.1% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,373 shares of the specialty retailer’s stock worth $143,000 after purchasing an additional 697 shares in the last quarter. Hedge funds and other institutional investors own 81.34% of the company’s stock.

Several brokerages have commented on TIF. Royal Bank of Canada set a $94.00 target price on shares of Tiffany & Co. and gave the stock a “hold” rating in a research report on Thursday, November 30th. Oppenheimer reiterated a “buy” rating on shares of Tiffany & Co. in a research report on Wednesday, January 24th. Wells Fargo & Co reiterated a “hold” rating on shares of Tiffany & Co. in a research report on Wednesday, January 17th. Zacks Investment Research lowered shares of Tiffany & Co. from a “buy” rating to a “hold” rating in a research report on Thursday, November 30th. Finally, SBG Securities lowered shares of Tiffany & Co. from a “buy” rating to a “hold” rating in a research report on Thursday, November 30th. Ten analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $102.00.

In other news, SVP Philippe Galtie sold 24,758 shares of the company’s stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $109.79, for a total transaction of $2,718,180.82. Following the completion of the transaction, the senior vice president now owns 10,813 shares of the company’s stock, valued at approximately $1,187,159.27. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Robert S. Singer acquired 2,000 shares of the company’s stock in a transaction dated Friday, February 9th. The shares were bought at an average cost of $99.49 per share, with a total value of $198,980.00. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 92,217 shares of company stock valued at $10,076,469. Corporate insiders own 1.30% of the company’s stock.

Tiffany & Co. (NYSE TIF) opened at $101.47 on Monday. Tiffany & Co. has a one year low of $83.02 and a one year high of $111.44. The firm has a market cap of $12,610.43, a PE ratio of 27.28, a P/E/G ratio of 2.13 and a beta of 1.80. The company has a quick ratio of 2.09, a current ratio of 5.44 and a debt-to-equity ratio of 0.28.

Tiffany & Co. (NYSE:TIF) last announced its earnings results on Wednesday, November 29th. The specialty retailer reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.04. Tiffany & Co. had a net margin of 11.46% and a return on equity of 15.77%. The firm had revenue of $976.20 million during the quarter, compared to the consensus estimate of $957.18 million. During the same quarter in the previous year, the company posted $0.76 EPS. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. equities analysts expect that Tiffany & Co. will post 4.08 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 10th. Stockholders of record on Tuesday, March 20th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date is Monday, March 19th. Tiffany & Co.’s dividend payout ratio is currently 53.76%.

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About Tiffany & Co.

Tiffany & Co is a holding company that operates through its subsidiary companies. The Company’s principal subsidiary, Tiffany and Company (Tiffany), is a jeweler and specialty retailer. The Company’s segments include Americas, Asia-Pacific, Japan, Europe and Other. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO.

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Institutional Ownership by Quarter for Tiffany & Co. (NYSE:TIF)

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