State Board of Administration of Florida Retirement System reduced its position in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 18.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 117,072 shares of the apparel retailer’s stock after selling 26,106 shares during the quarter. State Board of Administration of Florida Retirement System owned about 0.07% of American Eagle Outfitters worth $1,411,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in AEO. Capstone Asset Management Co. raised its holdings in American Eagle Outfitters by 0.4% during the 1st 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 during the last quarter. Nisa Investment Advisors LLC raised its holdings in American Eagle Outfitters by 327.9% during the 1st quarter. Nisa Investment Advisors LLC now owns 23,960 shares of the apparel retailer’s stock worth $336,000 after purchasing an additional 18,360 shares during the last quarter. Glen Harbor Capital Management LLC raised its holdings in American Eagle Outfitters by 2.2% during the 1st 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 during the last quarter. Oregon Public Employees Retirement Fund raised its holdings in American Eagle Outfitters by 1.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 60,575 shares of the apparel retailer’s stock worth $850,000 after purchasing an additional 800 shares during the last quarter. Finally, State Treasurer State of Michigan raised its holdings in American Eagle Outfitters by 0.9% during the 1st quarter. State Treasurer State of Michigan now owns 69,475 shares of the apparel retailer’s stock worth $975,000 after purchasing an additional 600 shares during the last quarter. 83.88% of the stock is owned by hedge funds and other institutional investors.

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Several analysts have weighed in on the company. BMO Capital Markets reissued a “buy” rating and set a $15.00 price objective on shares of American Eagle Outfitters in a report on Wednesday. Jefferies Group LLC set a $18.00 price objective on American Eagle Outfitters and gave the stock a “buy” rating in a report on Sunday, September 10th. FBR & Co reissued a “buy” rating and set a $15.00 price objective (up from $13.00) on shares of American Eagle Outfitters in a report on Tuesday, September 5th. ValuEngine cut American Eagle Outfitters from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Royal Bank Of Canada set a $14.00 price objective on American Eagle Outfitters and gave the stock a “buy” rating in a report on Tuesday, August 29th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $14.84.

American Eagle Outfitters, Inc. (NYSE AEO) opened at 13.33 on Friday. The firm’s 50-day moving average price is $12.01 and its 200-day moving average price is $12.62. American Eagle Outfitters, Inc. has a 52-week low of $10.23 and a 52-week high of $19.00. The firm has a market cap of $2.36 billion, a P/E ratio of 13.69 and a beta of 1.07.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, October 6th will be issued a dividend of $0.125 per share. The ex-dividend date is Thursday, October 5th. This represents a $0.50 annualized dividend and a dividend yield of 3.75%. American Eagle Outfitters’s dividend payout ratio is 51.55%.

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.

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

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