What Should You Know About the future of Tiffany & Co's (TIF) Business?

Jeweler Tiffany's quarterly profit rises 8.8 percent

Victory Capital Management Inc. Increases Position in Tiffany & Co. (TIF)

Zacks Investment Research lowered shares of Tiffany & Co.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.

Tiffany & Co. (TIF) saw 78.4 million in free cash flow last quarter, representing a quarterly net change in cash of -89.2 million. Fifth Third Bancorp now owns 1,090 shares of the specialty retailer's stock worth $104,000 after buying an additional 62 shares during the period. Tiffany & Co.'s payout ratio is now 55.56%. Pacer Advisors Inc. now owns 2,093 shares of the specialty retailer's stock worth $199,000 after buying an additional 66 shares in the last quarter. Macquarie Group Ltd. boosted its stake in Tiffany & Co.by 325.0% in the fourth quarter. Alps Advisors Inc. now owns 6,028 shares of the specialty retailer's stock worth $566,000 after buying an additional 94 shares in the last quarter.

Tiffany & Co. (TIF) closed its previous trading session at $88.72 with the gain of 0.25%. State Treasurer State of MI now owns 35,134 shares of the specialty retailer's stock worth $3,348,000 after buying an additional 100 shares in the last quarter. Institutional investors own 81.31% of the company's stock.

Shares of Tiffany & Co. (NYSE:TIF) by 21.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The total amount of shares outstanding is 125.13 million, giving the company a market capitalization of about 11.10 billion. The stock's 52-week range is $66.35 to $97.29, and its 3-month range is $84.15 to $96.94. After a recent look, shares have been seen 1.64% from the 200-day moving average, and -3.58% from the 50-day moving average. (TIF) on Thursday, Aug. 24, reported second-quarter earnings ahead of expectations, a month after adding a new CEO. The firm had revenue of $960 million during the quarter, compared to analysts' expectations of $930.19 million. For the last period, the company reported quarter over quarter EPS growth of 7.20% and quarter over quarter sales growth of 0.90%. TIF's earnings growth in the last five years was a weaker 2.13%, indicating a relatively more upbeat attitude towards the company in the upcoming year.

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TIF is covered by 17 analysts who by consensus are expecting a 30% increase in earnings over the next 3 years.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 10th. The ex-dividend date is Tuesday, September 19th. Tiffany & Co.'s dividend payout ratio (DPR) is presently 55.56%. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and worldwide copyright & trademark legislation. The original version of this article can be accessed at https://baseballnewssource.com/markets/welch-group-llc-has-145000-position-in-tiffany-co-tif/1535256.html.

Many brokerage firms have quite recently published research on TIF. Following analyst estimates around earnings reports may be helpful, but it may be wise to proceed with caution if only going on what the analysts are saying. The company was downgraded on Wednesday, January 20 by Goldman Sachs. (NYSE:TIF) has "Buy" rating given on Friday, August 26 by Mizuho. (NYSE:TIF) on Thursday, May 11 with "Buy" rating. Bank of America Corporation reiterated a "buy" rating and issued a $110.00 price target on shares of Tiffany & Co.in a research note on Wednesday, June 28th.

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 divisions 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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