128,894 Shares in American Eagle Outfitters, Inc. $AEO Acquired by Jump Financial LLC

Key Points

• Jump Financial LLC acquired a new stake in American Eagle Outfitters, purchasing 128,894 shares valued at approximately $1.5 million, representing about 0.07% of the company.
• The company reported a loss of ($0.29) earnings per share for the last quarter, missing the consensus estimate, while revenue was down 4.7% year-over-year.
• American Eagle Outfitters announced a quarterly dividend of $0.125, translating to a dividend yield of 3.8%, with a payout ratio currently at 51.02%.

Jump Financial LLC purchased a new stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 128,894 shares of the apparel retailer's stock, valued at approximately $1,498,000. Jump Financial LLC owned about 0.07% of American Eagle Outfitters as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC boosted its holdings in shares of American Eagle Outfitters by 380.4% during the 1st quarter. GAMMA Investing LLC now owns 2,325 shares of the apparel retailer's stock worth $27,000 after buying an additional 1,841 shares during the period. Asset Management One Co. Ltd. boosted its holdings in American Eagle Outfitters by 38.7% during the first quarter. Asset Management One Co. Ltd. now owns 4,173 shares of the apparel retailer's stock valued at $48,000 after acquiring an additional 1,165 shares during the period. State of Wyoming acquired a new stake in shares of American Eagle Outfitters in the fourth quarter valued at about $49,000. AlphaQuest LLC increased its stake in shares of American Eagle Outfitters by 654,400.0% in the first quarter. AlphaQuest LLC now owns 6,545 shares of the apparel retailer's stock worth $76,000 after purchasing an additional 6,544 shares during the period. Finally, Merit Financial Group LLC acquired a new position in shares of American Eagle Outfitters during the 1st quarter worth about $131,000. Institutional investors own 97.33% of the company's stock.

American Eagle Outfitters Trading Down 0.3%

Shares of AEO stock opened at $13.18 on Friday. The firm has a fifty day moving average of $11.22 and a 200-day moving average of $11.43. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 13.44 and a beta of 1.51. American Eagle Outfitters, Inc. has a 52-week low of $9.27 and a 52-week high of $22.63. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.56 and a current ratio of 1.38.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last issued its earnings results on Thursday, May 29th. The apparel retailer reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.04). The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. American Eagle Outfitters had a net margin of 3.73% and a return on equity of 13.34%. American Eagle Outfitters's revenue was down 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.34 earnings per share. On average, equities research analysts forecast that American Eagle Outfitters, Inc. will post 1.7 earnings per share for the current fiscal year.

American Eagle Outfitters Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 25th. Stockholders of record on Friday, July 11th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Friday, July 11th. American Eagle Outfitters's dividend payout ratio is currently 51.02%.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Zacks Research raised American Eagle Outfitters to a "hold" rating in a report on Monday, August 11th. Telsey Advisory Group restated a "market perform" rating and issued a $12.00 price objective on shares of American Eagle Outfitters in a research note on Wednesday. Cfra Research cut shares of American Eagle Outfitters from a "moderate buy" rating to a "hold" rating in a research note on Friday, June 6th. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $9.00 price target on shares of American Eagle Outfitters in a report on Monday, July 28th. Finally, Morgan Stanley set a $10.00 price objective on shares of American Eagle Outfitters and gave the stock an "equal weight" rating in a report on Monday, June 2nd. One investment analyst has rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Reduce" and an average price target of $14.40.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.

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