Tiffany Sales and Profit Top Expectations

  • Tiffany Sales and Profit Top Expectations

Tiffany Sales and Profit Top Expectations

On the call, recently appointed Tiffany CEO Alessandro Bogliolo said the Blue Box brand is strong, but noted, "Some of our competitors have posted stronger sales growth than us, which, I can assure you, will not be acceptable in the long term".

A number of other brokerages have also weighed in on TIF. Finally, Griffin Asset Management Inc. purchased a new position in shares of Tiffany & Co. during the third quarter valued at approximately $1,150,000. Strs Ohio increased its stake in Tiffany & Co.by 53.5% in the second quarter.

Among 24 analysts covering Tiffany & Co. Cramer Rosenthal Mcglynn LLC now owns 1,321,842 shares of the specialty retailer's stock worth $121,319,000 after purchasing an additional 991,802 shares during the last quarter. Aperio Group LLC now owns 48,624 shares of the specialty retailer's stock valued at $4,564,000 after buying an additional 2,260 shares during the period. Finally, Commerce Bank bought a new stake in shares of Tiffany & Co.in the second quarter valued at about $209,000. Public Employees Retirement System of OH now owns 74,319 shares of the specialty retailer's stock valued at $6,821,000 after buying an additional 6,618 shares during the period.

In other news, Director Robert S. Singer bought 1,000 shares of the company's stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $94.38, for a total value of $96,928.26. The disclosure for this sale can be found here. Insiders have sold a total of 90,838 shares of company stock valued at $8,550,648 in the last quarter. Cowen set a $102.00 target price on Tiffany & Co. and gave the company a "buy" rating in a research note on Thursday. Zacks Investment Research upgraded shares of Tiffany & Co. from a "hold" rating to a "buy" rating and set a $100.00 price target on the stock in a report on Monday, August 14th.

Shares in Tiffany, up more than a fifth since the start of the year, rose as much as 2 per cent in pre-market trading. Ten equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock.

Tiffany shares are down 1.1 to $93.03 at recent check. (NYSE:TIF) by 13.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm earned "Sector Perform" rating on Thursday, May 25 by RBC Capital Markets. The company has a debt-to-equity ratio of 0.28, a current ratio of 5.75 and a quick ratio of 2.29. Tiffany & Co. has a 12-month low of $56.99 and a 12-month high of $97.29.

Tiffany & Co. had a net margin of 11.41% and a return on equity of 15.91%. (NYSE:TIF) last issued its earnings results on Wednesday, November 29th.

While reporting its third-quarter financial results today, Luxury jeweler and specialty retailer Tiffany & Co.

Landscape Capital Management Llc increased its stake in Tiffany & Co New (TIF) by 281.19% based on its latest 2017Q2 regulatory filing with the SEC.

Tiffany said it earned 80 cents a share, above the 76 cents analysts were expecting, while revenue rose 2.8% to $976.2 million, also above the $957 million consensus. The rating was maintained by Telsey Advisory Group on Wednesday, January 20 with "Outperform". This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date is Tuesday, December 19th. Tiffany & Co.'s dividend payout ratio is presently 54.35%. Jefferies maintained Tiffany & Co. If you are viewing this article on another domain, it was copied illegally and reposted in violation of US and worldwide trademark & copyright laws. The legal version of this story can be viewed at https://www.truebluetribune.com/2017/11/30/advisor-group-inc-cuts-holdings-in-tiffany-co-tif-2.html.

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