South Dakota Investment Council grew its holdings in American Eagle Outfitters, Inc. (NYSE:AEO) by 21.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 71,500 shares of the apparel retailer’s stock after purchasing an additional 12,500 shares during the quarter. South Dakota Investment Council’s holdings in American Eagle Outfitters were worth $862,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of the business. Capstone Asset Management Co. boosted its stake in American Eagle Outfitters by 0.4% in the first quarter. Capstone Asset Management Co. now owns 15,667 shares of the apparel retailer’s stock worth $220,000 after purchasing an additional 60 shares in the last quarter. CIBC World Markets Inc. boosted its stake in American Eagle Outfitters by 0.6% in the second quarter. CIBC World Markets Inc. now owns 11,035 shares of the apparel retailer’s stock worth $133,000 after purchasing an additional 63 shares in the last quarter. Glen Harbor Capital Management LLC boosted its stake in American Eagle Outfitters by 2.2% in the first quarter. Glen Harbor Capital Management LLC now owns 7,238 shares of the apparel retailer’s stock worth $102,000 after purchasing an additional 154 shares in the last quarter. Ifrah Financial Services Inc. boosted its stake in American Eagle Outfitters by 0.5% in the second quarter. Ifrah Financial Services Inc. now owns 34,282 shares of the apparel retailer’s stock worth $413,000 after purchasing an additional 177 shares in the last quarter. Finally, Elkfork Partners LLC boosted its stake in American Eagle Outfitters by 2.2% in the first quarter. Elkfork Partners LLC now owns 9,212 shares of the apparel retailer’s stock worth $129,000 after purchasing an additional 196 shares in the last quarter. 83.88% of the stock is currently owned by institutional investors.

A number of equities analysts have commented on AEO shares. Zacks Investment Research raised American Eagle Outfitters from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. ValuEngine lowered American Eagle Outfitters from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. BMO Capital Markets set a $15.00 price objective on American Eagle Outfitters and gave the stock a “buy” rating in a research note on Tuesday, August 8th. BidaskClub lowered American Eagle Outfitters from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 22nd. Finally, J P Morgan Chase & Co reissued a “neutral” rating and issued a $13.00 price objective (up previously from $12.00) on shares of American Eagle Outfitters in a research note on Thursday, August 24th. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $14.84.

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Shares of American Eagle Outfitters, Inc. (NYSE AEO) opened at 13.36 on Friday. American Eagle Outfitters, Inc. has a one year low of $10.23 and a one year high of $19.02. The firm has a 50 day moving average price of $11.97 and a 200 day moving average price of $12.64. The company has a market capitalization of $2.37 billion, a P/E ratio of 13.72 and a beta of 1.07.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Wednesday, August 23rd. The apparel retailer reported $0.19 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.03. American Eagle Outfitters had a return on equity of 18.25% and a net margin of 4.85%. The firm had revenue of $845.00 million during the quarter, compared to analyst estimates of $823.84 million. During the same period last year, the company posted $0.23 EPS. The business’s quarterly revenue was up 2.7% on a year-over-year basis. On average, equities research analysts predict that American Eagle Outfitters, Inc. will post $1.13 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, October 6th will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.74%. The ex-dividend date is Thursday, October 5th. American Eagle Outfitters’s dividend payout ratio (DPR) is presently 51.55%.

About American Eagle Outfitters

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.

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

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