Universal Beteiligungs und Servicegesellschaft mbH lessened its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 8.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 267,279 shares of the apparel retailer's stock after selling 26,120 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.15% of American Eagle Outfitters worth $3,106,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of AEO. MetLife Investment Management LLC boosted its holdings in shares of American Eagle Outfitters by 0.7% during the 4th quarter. MetLife Investment Management LLC now owns 105,949 shares of the apparel retailer's stock valued at $1,766,000 after buying an additional 724 shares in the last quarter. Gallagher Fiduciary Advisors LLC lifted its stake in American Eagle Outfitters by 5.2% during the 4th quarter. Gallagher Fiduciary Advisors LLC now owns 15,740 shares of the apparel retailer's stock valued at $262,000 after acquiring an additional 783 shares during the period. TCM Advisors LLC increased its position in shares of American Eagle Outfitters by 2.1% during the 4th quarter. TCM Advisors LLC now owns 39,400 shares of the apparel retailer's stock valued at $657,000 after purchasing an additional 800 shares during the last quarter. Asset Management One Co. Ltd. increased its position in shares of American Eagle Outfitters by 38.7% during the 1st quarter. Asset Management One Co. Ltd. now owns 4,173 shares of the apparel retailer's stock valued at $48,000 after purchasing an additional 1,165 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in American Eagle Outfitters by 1.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 101,127 shares of the apparel retailer's stock worth $1,686,000 after acquiring an additional 1,282 shares in the last quarter. Institutional investors own 97.33% of the company's stock.
American Eagle Outfitters Stock Performance
Shares of NYSE:AEO traded down $0.06 during trading on Friday, reaching $10.74. The company had a trading volume of 13,294,769 shares, compared to its average volume of 7,601,236. The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of 10.96 and a beta of 1.45. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.38 and a quick ratio of 0.56. The stock's fifty day moving average price is $10.30 and its 200 day moving average price is $11.93. American Eagle Outfitters, Inc. has a fifty-two week low of $9.27 and a fifty-two week high of $22.83.
American Eagle Outfitters (NYSE:AEO - Get Free Report) last announced its quarterly earnings data on Thursday, May 29th. The apparel retailer reported ($0.29) earnings per share for the quarter, missing analysts' consensus estimates of ($0.25) by ($0.04). American Eagle Outfitters had a return on equity of 13.34% and a net margin of 3.73%. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same period in the prior year, the company earned $0.34 EPS. The company's revenue was down 4.7% on a year-over-year basis. As a group, equities research analysts predict that American Eagle Outfitters, Inc. will post 1.7 EPS for the current year.
American Eagle Outfitters Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, July 25th. Shareholders of record on Friday, July 11th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Friday, July 11th. American Eagle Outfitters's payout ratio is presently 51.02%.
Analysts Set New Price Targets
AEO has been the subject of several recent analyst reports. Citigroup restated a "neutral" rating on shares of American Eagle Outfitters in a research note on Friday, May 23rd. BMO Capital Markets lowered their price target on American Eagle Outfitters from $15.00 to $11.00 and set a "market perform" rating for the company in a research report on Wednesday, May 14th. JPMorgan Chase & Co. reiterated an "underweight" rating and set a $9.00 target price on shares of American Eagle Outfitters in a research report on Monday. Morgan Stanley set a $10.00 target price on American Eagle Outfitters and gave the stock an "equal weight" rating in a research report on Monday, June 2nd. Finally, Telsey Advisory Group lifted their target price on American Eagle Outfitters to $12.00 and gave the stock a "hold" rating in a research report on Friday, May 30th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, American Eagle Outfitters presently has an average rating of "Hold" and an average price target of $14.70.
Get Our Latest Stock Report on AEO
About American Eagle Outfitters
(
Free Report)
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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