Tiffany & Co. (NYSE:TIF) had its target price cut by RBC Capital from $82.00 to $66.00 in a research report report published on Thursday morning, Analyst Ratings Network.com reports. They currently have a sector perform rating on the stock.

A number of other equities analysts have also commented on TIF. Sanford C. Bernstein dropped their price target on Tiffany & Co. from $101.00 to $97.00 and set an outperform rating for the company in a research note on Wednesday, October 14th. Goldman Sachs lowered Tiffany & Co. from a buy rating to a neutral rating and set a $71.00 price target for the company. in a research note on Wednesday, January 20th. Oppenheimer reissued a buy rating and set a $110.00 price target on shares of Tiffany & Co. in a research note on Thursday, October 8th. Vetr raised Tiffany & Co. from a buy rating to a strong-buy rating and set a $88.70 price target for the company in a research note on Tuesday, October 13th. Finally, Zacks Investment Research lowered Tiffany & Co. from a hold rating to a sell rating in a research note on Monday, October 5th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of $91.99.

A number of hedge funds have recently modified their holdings of TIF. Leavell Investment Management Inc. boosted its stake in shares of Tiffany & Co. by 12.5% in the fourth quarter. Leavell Investment Management Inc. now owns 8,792 shares of the company’s stock worth $671,000 after buying an additional 975 shares in the last quarter. Nordea Investment Management AB boosted its stake in shares of Tiffany & Co. by 594.9% in the fourth quarter. Nordea Investment Management AB now owns 117,462 shares of the company’s stock worth $8,961,000 after buying an additional 100,559 shares in the last quarter. Rothschild Investment Corp IL boosted its stake in shares of Tiffany & Co. by 1.1% in the fourth quarter. Rothschild Investment Corp IL now owns 14,932 shares of the company’s stock worth $1,139,000 after buying an additional 157 shares in the last quarter. Lebenthal Holdings LLC boosted its stake in shares of Tiffany & Co. by 1.1% in the fourth quarter. Lebenthal Holdings LLC now owns 49,720 shares of the company’s stock worth $3,793,000 after buying an additional 535 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale boosted its stake in shares of Tiffany & Co. by 3,157.6% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 179,592 shares of the company’s stock worth $13,913,000 after buying an additional 174,079 shares in the last quarter.

Tiffany & Co. (NYSE:TIF) traded up 2.54% during trading on Thursday, hitting $62.48. The stock had a trading volume of 1,913,468 shares. The stock has a 50 day moving average price of $71.82 and a 200-day moving average price of $80.66. Tiffany & Co. has a 12 month low of $59.73 and a 12 month high of $96.43. The stock has a market cap of $8.01 billion and a price-to-earnings ratio of 16.30.

Tiffany & Co. (NYSE:TIF) last released its earnings results on Tuesday, November 24th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by $0.05. During the same period in the prior year, the company earned $0.76 EPS. The company earned $938.20 million during the quarter, compared to analysts’ expectations of $971 million. The company’s quarterly revenue was down 2.2% compared to the same quarter last year. On average, equities analysts predict that Tiffany & Co. will post $3.78 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, January 11th. Investors of record on Monday, December 21st were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, December 17th. This represents a $1.60 annualized dividend and a yield of 2.63%.

Tiffany & Co. is a holding company. The Company operates through its subsidiary companies. The Company’s principal product category is jewelry. The Company also sells timepieces, leather goods, sterling silver goods (NYSE:TIF), china, crystal, stationery, fragrances and accessories. Its brands include TIFFANY and TIFFANY & CO., as well as the TIFFANY BLUE BOX. Its segments include Americas, Asia-Pacific, Japan, Europe and Other. It operates e-commerce enabled Websites in 13 countries, as well as informational Websites in various additional countries.

12 Month Chart for NYSE:TIF

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