Tiffany & Co.(NYSE:TIF) Declares Dividend of $0.4500.

Tiffany & Co. (NYSE:TIF) had declared a cash dividend of $0.4500 on Nov 17, 2016. The shares will quote ex-dividend on Dec 16, 2016 and the record date has been fixed for Dec 20, 2016. On Nov 17, 2016 share price, the yield comes out to be 2.3625%. The dividend payable date has been fixed on Jan 10, 2017.

In a different note, Guggenheim Securities said it Initiates Coverage on Tiffany & Co., according to a research note issued on Sep 30, 2016. The shares have been rated ‘Buy’ by the firm. CLSA said it Initiates Coverage on Tiffany & Co., according to a research note issued on Sep 28, 2016. The shares have been rated ‘Outperform’ by the firm. On Aug 26, 2016, Citigroup said it Maintains its rating on Tiffany & Co.. In the research note, the firm Raises the price-target to $71.00 per share. The shares have been rated ‘Neutral’ by the firm. On Aug 26, 2016, Deutsche Bank said it Maintains its rating on Tiffany & Co.. In the research note, the firm Raises the price-target to $73.00 per share. The shares have been rated ‘Hold’ by the firm. On Aug 26, 2016, Cowen & Company said it Maintains its rating on Tiffany & Co.. In the research note, the firm Raises the price-target to $68.00 per share. The shares have been rated ‘Market Perform’ by the firm.

Tiffany & Co. (TIF) shares turned negative on Mondays trading session with the shares closing down -0.76 points or -0.99% at a volume of 11,95,458. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $77.37. The peak price level was also seen at $77.37 while the days lowest was $75.72. Finally the shares closed at $76.35. The 52-week high of the shares is $81.89 while the 52-week low is $56.985. According to the latest information available, the market cap of the company is $9,535 M.

Tiffany & Co.(TIF) last announced its earnings results on Aug 25, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $931.60M. Analysts had an estimated revenue of $936.79M. Earnings per share were $0.84. Analysts had estimated an EPS of $0.72.

Several Insider Transactions has been reported to the SEC. On Sep 21, 2016, Philippe Galtie (Senior Vice President) sold 482 shares at $72.01 per share price.Also, On May 23, 2016, Leigh M. Harlan (SENIOR VICE PRESIDENT) sold 70 shares at $63.94 per share price.On Apr 6, 2016, Michael Joseph Kowalski (director) sold 154,750 shares at $72.96 per share price, according to the Form-4 filing with the securities and exchange commission.

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 (other than jewelry) 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.

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