Aperio Group LLC lowered its stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 3.3% during the second quarter, Holdings Channel reports. The firm owned 189,485 shares of the apparel retailer’s stock after selling 6,499 shares during the period. Aperio Group LLC’s holdings in American Eagle Outfitters were worth $2,283,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. raised its position in American Eagle Outfitters by 8,781.1% in the first quarter. BlackRock Inc. now owns 17,773,025 shares of the apparel retailer’s stock valued at $249,355,000 after buying an additional 17,572,904 shares during the last quarter. Hamlin Capital Management LLC raised its position in American Eagle Outfitters by 221.5% in the first quarter. Hamlin Capital Management LLC now owns 4,280,730 shares of the apparel retailer’s stock valued at $60,059,000 after buying an additional 2,949,165 shares during the last quarter. RidgeWorth Capital Management LLC bought a new position in American Eagle Outfitters during the first quarter valued at about $29,610,000. Mackay Shields LLC bought a new position in American Eagle Outfitters during the first quarter valued at about $21,097,000. Finally, Schroder Investment Management Group bought a new position in American Eagle Outfitters during the first quarter valued at about $16,019,000. Hedge funds and other institutional investors own 90.53% of the company’s stock.

American Eagle Outfitters, Inc. (NYSE:AEO) traded up 2.84% on Tuesday, hitting $12.33. The stock had a trading volume of 1,707,970 shares. The firm has a market capitalization of $2.18 billion, a price-to-earnings ratio of 11.41 and a beta of 1.09. American Eagle Outfitters, Inc. has a 1-year low of $10.56 and a 1-year high of $19.55. The stock’s 50-day moving average is $11.69 and its 200 day moving average is $13.30.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings data on Wednesday, May 17th. The apparel retailer reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.01. American Eagle Outfitters had a return on equity of 18.95% and a net margin of 5.44%. The firm had revenue of $761.80 million during the quarter, compared to the consensus estimate of $741.76 million. During the same period last year, the company earned $0.22 EPS. The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year. On average, equities research analysts predict that American Eagle Outfitters, Inc. will post $1.09 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 21st. Investors of record on Friday, July 7th were paid a $0.125 dividend. The ex-dividend date was Wednesday, July 5th. This represents a $0.50 annualized dividend and a yield of 4.17%. American Eagle Outfitters’s dividend payout ratio (DPR) is currently 46.30%.

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Several equities analysts recently issued reports on the company. Jefferies Group LLC set a $19.00 price target on American Eagle Outfitters and gave the stock a “buy” rating in a research report on Wednesday, May 10th. Wolfe Research lowered American Eagle Outfitters from a “peer perform” rating to an “underperform” rating in a research report on Tuesday, May 9th. Deutsche Bank AG restated a “buy” rating and set a $20.00 price target on shares of American Eagle Outfitters in a research report on Monday, April 24th. Vetr lowered American Eagle Outfitters from a “strong-buy” rating to a “buy” rating and set a $15.00 price target on the stock. in a research report on Thursday, April 20th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $17.00 price target on shares of American Eagle Outfitters in a research report on Friday, May 12th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $15.73.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand. AEO Inc operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom.

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Institutional Ownership by Quarter for American Eagle Outfitters (NYSE:AEO)

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