Shares of American Eagle Outfitters Inc. (NYSE:AEO) reached a new 52-week high on Thursday . The stock 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.

Several analysts recently weighed in on AEO shares. Jefferies Group restated a “buy” rating on shares of American Eagle Outfitters in a report on Monday, August 1st. Wolfe Research increased their price target on American Eagle Outfitters from $19.00 to $20.00 and gave the company an “outperform” rating in a report on Friday, May 20th. JPMorgan Chase & Co. increased their price target on American Eagle Outfitters from $15.00 to $16.00 and gave the company a “neutral” rating in a report on Thursday, May 19th. Vetr raised American Eagle Outfitters from a “buy” rating to a “strong-buy” rating and set a $15.50 price objective on the stock in a research report on Wednesday, May 18th. Finally, Nomura reaffirmed a “hold” rating on shares of American Eagle Outfitters in a research report on Wednesday, July 6th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $18.28.

The stock has a 50-day moving average of $17.10 and a 200 day moving average of $15.68. The stock has a market capitalization of $3.42 billion and a PE ratio of 15.91.

American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data on Wednesday, May 18th. The apparel retailer reported $0.22 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.04. During the same period 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. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. On average, equities analysts anticipate that American Eagle Outfitters Inc. will post $1.28 EPS for the current year.

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 2.64%.

In related news, insider Jennifer M. Foyle sold 13,568 shares of the business’s stock in a transaction on Friday, May 20th. The stock was 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 of the company’s stock, valued at approximately $165,563.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Charles F. Kessler sold 4,784 shares of the business’s stock in a transaction on Monday, May 23rd. The stock was sold at an average price of $15.85, for a total value of $75,826.40. Following the transaction, the insider now directly 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 hedge funds and institutional investors recently added to or reduced their stakes in AEO. Calvert Investment Management Inc. bought a new position in American Eagle Outfitters during the fourth quarter valued at approximately $3,435,000. Westfield Capital Management Co. LP boosted its position in 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 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. 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 valued at $77,664,000 after buying an additional 320,640 shares during the last quarter. Finally, Jennison Associates LLC boosted its position in American Eagle Outfitters by 186.2% in the fourth quarter. Jennison Associates LLC now owns 70,375 shares of the apparel retailer’s stock valued at $1,091,000 after buying an additional 45,786 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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