American Eagle Outfitters Inc. (NYSE:AEO) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $18.57 and last traded at $18.52, with a volume of 2,161,846 shares trading hands. The stock had previously closed at $18.24.

A number of research firms have issued reports on AEO. B. Riley restated a “buy” rating and set a $20.00 price target on shares of American Eagle Outfitters in a report on Tuesday, May 17th. SunTrust Banks Inc. restated a “buy” rating on shares of American Eagle Outfitters in a report on Sunday, May 22nd. Goldman Sachs Group Inc. restated a “sell” rating and set a $12.00 price target on shares of American Eagle Outfitters in a report on Thursday, May 5th. Deutsche Bank AG began coverage on shares of American Eagle Outfitters in a report on Tuesday, April 26th. They set a “hold” rating and a $17.00 price target for the company. Finally, Zacks Investment Research cut shares of American Eagle Outfitters from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 3rd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and fifteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $17.94.

The stock has a market cap of $3.33 billion and a P/E ratio of 15.46. The firm has a 50 day moving average of $16.52 and a 200-day moving average of $15.53.

American Eagle Outfitters (NYSE:AEO) last issued its earnings results on Wednesday, May 18th. The apparel retailer reported $0.22 EPS for the quarter, beating the consensus estimate of $0.18 by $0.04. During the same quarter in the previous year, the firm posted $0.15 earnings per share. The firm earned $749 million during the quarter, compared to analyst estimates of $732.84 million. American Eagle Outfitters’s quarterly revenue was up 7.0% compared to the same quarter last year. Equities research analysts anticipate that American Eagle Outfitters Inc. will post $1.27 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 20th. Investors of record on Wednesday, July 6th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date was Friday, July 1st.

In related news, insider Jennifer M. Foyle sold 13,568 shares of the company’s stock in a transaction that occurred on Friday, May 20th. The shares were sold at an average price of $15.72, for a total transaction of $213,288.96. Following the completion of the transaction, the insider now directly owns 10,532 shares in the company, valued at approximately $165,563.04. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Charles F. Kessler sold 4,784 shares of the company’s stock in a transaction that occurred on Monday, May 23rd. The stock was sold at an average price of $15.85, for a total transaction of $75,826.40. Following the transaction, the insider now owns 19,325 shares of the company’s stock, valued at $306,301.25. The disclosure for this sale can be found here.

A number of institutional investors recently added to or reduced their stakes in AEO. Vanguard Group Inc. boosted its position in American Eagle Outfitters by 4.6% in the fourth quarter. Vanguard Group Inc. now owns 18,796,950 shares of the apparel retailer’s stock worth $291,353,000 after buying an additional 833,142 shares in the last quarter. WBI Investments Inc. boosted its position in American Eagle Outfitters by 88.0% in the fourth quarter. WBI Investments Inc. now owns 1,349,343 shares of the apparel retailer’s stock worth $20,915,000 after buying an additional 631,664 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in American Eagle Outfitters by 6.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,010,489 shares of the apparel retailer’s stock worth $77,664,000 after buying an additional 320,640 shares in the last quarter. Foresters Investment Management Company Inc. boosted its position in American Eagle Outfitters by 9.8% in the fourth quarter. Foresters Investment Management Company Inc. now owns 2,567,500 shares of the apparel retailer’s stock worth $39,796,000 after buying an additional 229,700 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in American Eagle Outfitters by 44.4% in the fourth quarter. Bank of Montreal Can now owns 737,649 shares of the apparel retailer’s stock worth $11,433,000 after buying an additional 226,810 shares in the last quarter.

American Eagle Outfitters, Inc is an apparel and accessories retailer. The Company offers clothing, accessories and personal care products. The Company operates under the American Eagle Outfitters and aerie by American Eagle Outfitters brands. The American Eagle Outfitters brand offers denims, pants, shorts, sweaters, fleece, outerwear, graphic t-shirts, footwear and accessories.

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