Shares of American Eagle Outfitters Inc. (NYSE:AEO) reached a new 52-week high during 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 traded. The stock had previously closed at $18.24.

A number of analysts recently commented on AEO shares. Wolfe Research lifted their target price on shares of American Eagle Outfitters from $19.00 to $20.00 and gave the stock an “outperform” rating in a research note on Friday, May 20th. JPMorgan Chase & Co. lifted their target price on shares of American Eagle Outfitters from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, May 19th. Jefferies Group reiterated a “buy” rating on shares of American Eagle Outfitters in a research note on Monday, August 1st. Vetr upgraded shares of American Eagle Outfitters from a “buy” rating to a “strong-buy” rating and set a $15.50 target price for the company in a research note on Wednesday, May 18th. Finally, Wunderlich lowered their target price on shares of American Eagle Outfitters from $15.50 to $13.00 and set a “hold” rating for the company in a research note on Monday, May 16th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and fifteen have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $17.94.

The stock’s 50 day moving average is $16.62 and its 200 day moving average is $15.55. The company has a market cap of $3.33 billion and a PE ratio of 15.46.

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

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

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

Several hedge funds and institutional investors have recently made changes to their positions in the stock. Jennison Associates LLC boosted its position in shares of American Eagle Outfitters by 186.2% in the fourth quarter. Jennison Associates LLC now owns 70,375 shares of the apparel retailer’s stock worth $1,091,000 after buying an additional 45,786 shares in the last quarter. Comerica Bank boosted its position in shares of American Eagle Outfitters by 0.4% in the fourth quarter. Comerica Bank now owns 127,036 shares of the apparel retailer’s stock worth $1,682,000 after buying an additional 504 shares in the last quarter. Mutual of America Capital Management LLC boosted its position in shares of American Eagle Outfitters by 1.7% in the fourth quarter. Mutual of America Capital Management LLC now owns 122,329 shares of the apparel retailer’s stock worth $1,896,000 after buying an additional 2,072 shares in the last quarter. Trexquant Investment LP purchased a new position in shares of American Eagle Outfitters during the fourth quarter worth $2,809,000. Finally, Airain ltd boosted its position in shares of American Eagle Outfitters by 85.8% in the fourth quarter. Airain ltd now owns 193,361 shares of the apparel retailer’s stock worth $2,997,000 after buying an additional 89,314 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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