Segall Bryant & Hamill LLC Purchases 93,520 Shares of American Eagle Outfitters, Inc. (NYSE:AEO)

Segall Bryant & Hamill LLC raised its holdings in American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 188.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 143,170 shares of the apparel retailer's stock after acquiring an additional 93,520 shares during the period. Segall Bryant & Hamill LLC owned about 0.08% of American Eagle Outfitters worth $1,664,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in shares of American Eagle Outfitters during the fourth quarter worth about $2,154,000. HighTower Advisors LLC bought a new stake in shares of American Eagle Outfitters during the fourth quarter worth about $267,000. Avantax Advisory Services Inc. bought a new stake in shares of American Eagle Outfitters during the fourth quarter worth about $250,000. Envestnet Portfolio Solutions Inc. bought a new stake in shares of American Eagle Outfitters during the fourth quarter worth about $390,000. Finally, Cibc World Markets Corp bought a new stake in shares of American Eagle Outfitters during the fourth quarter worth about $277,000. Institutional investors own 97.33% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Morgan Stanley set a $10.00 price target on American Eagle Outfitters and gave the stock an "equal weight" rating in a report on Monday, June 2nd. Wall Street Zen cut American Eagle Outfitters from a "hold" rating to a "sell" rating in a report on Saturday, June 7th. Cfra Research lowered American Eagle Outfitters from a "moderate buy" rating to a "hold" rating in a research note on Friday, June 6th. Barclays cut their price objective on American Eagle Outfitters from $10.00 to $9.00 and set an "underweight" rating on the stock in a research note on Monday, May 12th. Finally, Telsey Advisory Group lifted their price objective on American Eagle Outfitters to $12.00 and gave the stock a "hold" rating in a research note on Friday, May 30th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, American Eagle Outfitters currently has a consensus rating of "Hold" and an average price target of $14.70.

American Eagle Outfitters Trading Down 1.2%

AEO traded down $0.12 during trading on Friday, hitting $9.94. The company's stock had a trading volume of 3,903,295 shares, compared to its average volume of 5,883,049. American Eagle Outfitters, Inc. has a twelve month low of $9.27 and a twelve month high of $22.83. The company has a quick ratio of 0.56, a current ratio of 1.38 and a debt-to-equity ratio of 0.07. The stock's fifty day moving average price is $10.42 and its 200-day moving average price is $12.25. The firm has a market capitalization of $1.72 billion, a P/E ratio of 10.14 and a beta of 1.45.

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

American Eagle Outfitters Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 25th. Stockholders of record on Friday, July 11th will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, July 11th. This represents a $0.50 annualized dividend and a dividend yield of 5.03%. American Eagle Outfitters's dividend payout ratio is 51.02%.

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.