American Eagle Outfitters Inc. (NYSE:AEO) shares hit a new 52-week high during trading on Thursday . The company traded as high as $19.12 and last traded at $18.75, with a volume of 2,983,050 shares changing hands. The stock had previously closed at $17.98.

A number of research analysts have recently commented on AEO shares. Deutsche Bank AG started coverage on American Eagle Outfitters in a report on Tuesday, April 26th. They set a “hold” rating and a $17.00 price objective on the stock. BMO Capital Markets lowered American Eagle Outfitters from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $22.00 to $14.00 in a report on Wednesday, April 27th. Vetr lowered American Eagle Outfitters from a “strong-buy” rating to a “buy” rating and set a $15.50 target price on the stock. in a report on Wednesday, April 27th. Zacks Investment Research lowered American Eagle Outfitters from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 3rd. Finally, Goldman Sachs Group Inc. reaffirmed a “sell” rating and issued a $12.00 target price on shares of American Eagle Outfitters in a report on Thursday, May 5th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and sixteen have issued a buy rating to the stock. American Eagle Outfitters currently has an average rating of “Hold” and a consensus price target of $18.28.

The stock has a market cap of $3.41 billion and a P/E ratio of 15.819. The company’s 50-day moving average is $16.89 and its 200-day moving average is $15.63.

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 Thomson Reuters’ consensus estimate of $0.18 by $0.04. The firm earned $749 million during the quarter, compared to analyst estimates of $732.84 million. The business’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.15 earnings per share. On average, analysts expect that American Eagle Outfitters Inc. will post $1.27 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 20th. Stockholders of record on Wednesday, July 6th were paid a $0.125 dividend. The ex-dividend date of this dividend was Friday, July 1st. This represents a $0.50 annualized dividend and a dividend yield of 2.78%.

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

A number of institutional investors have made changes to their positions in the stock. Calvert Investment Management Inc. acquired a new position in shares of American Eagle Outfitters during the fourth quarter valued at $3,435,000. Westfield Capital Management Co. LP boosted its position in shares of American Eagle Outfitters by 5.7% in the fourth quarter. Westfield Capital Management Co. LP now owns 1,970,220 shares of the apparel retailer’s stock valued at $30,538,000 after buying an additional 106,020 shares during the last quarter. 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 valued at $2,997,000 after buying an additional 89,314 shares during the last quarter. Foresters Investment Management Company Inc. boosted its position in shares of 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 valued at $39,796,000 after buying an additional 229,700 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of 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 valued at $77,664,000 after buying an additional 320,640 shares during 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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