Eaton Vance Management continued to hold its stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 166,000 shares of the apparel retailer’s stock at the close of the second quarter. Eaton Vance Management owned approximately 0.09% of American Eagle Outfitters worth $2,000,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of AEO. Capstone Asset Management Co. lifted its stake in shares of 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 buying an additional 60 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of American Eagle Outfitters by 327.9% during the first quarter. Nisa Investment Advisors LLC now owns 23,960 shares of the apparel retailer’s stock valued at $336,000 after purchasing an additional 18,360 shares during the last quarter. Oregon Public Employees Retirement Fund raised its holdings in shares of American Eagle Outfitters by 1.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 60,575 shares of the apparel retailer’s stock valued at $850,000 after purchasing an additional 800 shares during the last quarter. State Treasurer State of Michigan raised its holdings in shares of American Eagle Outfitters by 0.9% during the first quarter. State Treasurer State of Michigan now owns 69,475 shares of the apparel retailer’s stock valued at $975,000 after purchasing an additional 600 shares during the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of American Eagle Outfitters by 36.1% during the first quarter. First Trust Advisors LP now owns 254,412 shares of the apparel retailer’s stock valued at $3,569,000 after purchasing an additional 67,546 shares during the last quarter. Hedge funds and other institutional investors own 83.87% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Eaton Vance Management Maintains Position in American Eagle Outfitters, Inc. (AEO)” was originally posted by Daily Political and is the property of of Daily Political. If you are viewing this article on another site, it was copied illegally and republished in violation of U.S. & international copyright legislation. The original version of this article can be viewed at https://www.dailypolitical.com/2017/09/20/eaton-vance-management-maintains-position-in-american-eagle-outfitters-inc-aeo.html.

Shares of American Eagle Outfitters, Inc. (AEO) opened at 13.63 on Wednesday. The stock has a market capitalization of $2.41 billion, a PE ratio of 13.99 and a beta of 1.07. The stock has a 50 day moving average of $12.10 and a 200-day moving average of $12.57. American Eagle Outfitters, Inc. has a 52 week low of $10.23 and a 52 week high of $19.00.

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

The company also recently announced 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. This represents a $0.50 annualized dividend and a dividend yield of 3.67%. The ex-dividend date of this dividend is Thursday, October 5th. American Eagle Outfitters’s dividend payout ratio (DPR) is 51.55%.

Several research analysts have recently weighed in on the stock. B. Riley reissued a “neutral” rating and set a $12.50 price objective on shares of American Eagle Outfitters in a report on Tuesday, May 23rd. SunTrust Banks, Inc. set a $15.00 price objective on shares of American Eagle Outfitters and gave the company a “buy” rating in a report on Thursday, August 24th. 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. Cowen and Company set a $14.00 price objective on shares of American Eagle Outfitters and gave the company a “buy” rating in a report on Wednesday, August 23rd. Finally, Deutsche Bank AG reissued a “hold” rating and set a $12.00 price objective (down from $13.00) on shares of American Eagle Outfitters in a report on Friday, August 11th. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $14.84.

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.

Want to see what other hedge funds are holding AEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Eagle Outfitters, Inc. (NYSE:AEO).

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

Receive News & Ratings for American Eagle Outfitters Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Eagle Outfitters Inc. and related companies with MarketBeat.com's FREE daily email newsletter.