Systematic Financial Management LP lifted its holdings in American Eagle Outfitters, Inc. (NYSE:AEO) by 0.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,321,599 shares of the apparel retailer’s stock after purchasing an additional 12,083 shares during the period. Systematic Financial Management LP owned about 0.75% of American Eagle Outfitters worth $18,899,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in AEO. HighTower Advisors LLC lifted its position in shares of American Eagle Outfitters by 2.0% in the 1st quarter. HighTower Advisors LLC now owns 14,893 shares of the apparel retailer’s stock worth $210,000 after purchasing an additional 290 shares during the period. Teachers Retirement System of The State of Kentucky purchased a new stake in shares of American Eagle Outfitters in the 1st quarter worth approximately $502,000. Oregon Public Employees Retirement Fund lifted its position in shares of American Eagle Outfitters by 4.3% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 63,158 shares of the apparel retailer’s stock worth $761,000 after purchasing an additional 2,583 shares during the period. LS Investment Advisors LLC lifted its position in shares of American Eagle Outfitters by 17.7% in the 2nd quarter. LS Investment Advisors LLC now owns 13,558 shares of the apparel retailer’s stock worth $163,000 after purchasing an additional 2,036 shares during the period. Finally, Louisiana State Employees Retirement System lifted its position in shares of American Eagle Outfitters by 0.5% in the 2nd quarter. Louisiana State Employees Retirement System now owns 43,400 shares of the apparel retailer’s stock worth $523,000 after purchasing an additional 200 shares during the period. 81.59% of the stock is owned by hedge funds and other institutional investors.

American Eagle Outfitters, Inc. (AEO) traded down $0.39 during trading hours on Wednesday, hitting $14.85. 4,227,700 shares of the stock were exchanged, compared to its average volume of 4,452,463. The firm has a market capitalization of $2,698.23, a price-to-earnings ratio of 13.25, a P/E/G ratio of 1.54 and a beta of 1.10. American Eagle Outfitters, Inc. has a 1 year low of $10.23 and a 1 year high of $19.00.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings data on Wednesday, August 23rd. The apparel retailer reported $0.19 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.03. The firm had revenue of $845.00 million for 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.23 earnings per share. analysts predict that American Eagle Outfitters, Inc. will post 1.13 earnings per share for the current fiscal year.

Several research analysts recently commented on the stock. FBR & Co reiterated a “buy” rating and set a $15.00 price objective (up previously from $13.00) on shares of American Eagle Outfitters in a research note on Tuesday, September 5th. Jefferies Group LLC set a $18.00 price objective on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Sunday, September 10th. Zacks Investment Research upgraded shares of American Eagle Outfitters from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. Cowen and Company reiterated an “outperform” rating and set a $16.00 price objective (up previously from $14.00) on shares of American Eagle Outfitters in a research note on Monday, October 2nd. Finally, Royal Bank Of Canada set a $14.00 price objective on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Tuesday, August 29th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $14.57.

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In other news, insider Jennifer M. Foyle sold 13,500 shares of the stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $14.22, for a total value of $191,970.00. Following the sale, the insider now owns 27,531 shares in the company, valued at $391,490.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.90% of the stock is owned by corporate insiders.

American Eagle Outfitters 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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