8 hours Ago By ABMN Staff
Allspring Global Investments Holdings LLC lessened its holdings in shares of American Eagle Outfitters, Inc. ( NYSE:AEO – Free Report ) by 33.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 156,480 shares of the apparel retailer’s stock after selling 77,177 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in American Eagle Outfitters were worth $2,681,000 at the end of the most recent quarter. A number of other large investors have also recently modified their holdings of the business.
Blue Trust Inc. lifted its position in American Eagle Outfitters by 95.7% in the 4th quarter.
Blue Trust Inc. now owns 1,916 shares of the apparel retailer’s stock worth $32,000 after buying an additional 937 shares during the last quarter. Park Place Capital Corp bought a new stake in American Eagle Outfitters in the 4th quarter worth approximately $45,000.
Advisors Asset Management Inc. lifted its position in American Eagle Outfitters by 171.1% in the 3rd quarter.
Advisors Asset Management Inc. now owns 2,548 shares of the apparel retailer’s stock worth $57,000 after buying an additional 1,608 shares during the last quarter. Meeder Asset Management Inc.
bought a new stake in American Eagle Outfitters in the 3rd quarter worth approximately $141,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in American Eagle Outfitters in the 3rd quarter worth approximately $141,000. Institutional investors own 97.
33% of the company’s stock. Wall Street Analyst Weigh In AEO has been the subject of a number of recent research reports. Jefferies Financial Group dropped their target price on American Eagle Outfitters from $22.
00 to $19.00 and set a “hold” rating for the company in a research report on Tuesday, November 12th. JPMorgan Chase & Co.
dropped their target price on American Eagle Outfitters from $23.00 to $20.00 and set a “neutral” rating for the company in a research report on Wednesday, January 8th.
Raymond James started coverage on American Eagle Outfitters in a research note on Friday, December 13th. They issued a “market perform” rating on the stock. Bank of America decreased their price target on American Eagle Outfitters from $21.
00 to $18.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Finally, Barclays reaffirmed an “equal weight” rating and issued a $17.
00 price target (down from $19.00) on shares of American Eagle Outfitters in a research note on Wednesday, February 5th. Eleven analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock.
According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $21.00. Insider Activity In other news, Director Cary D.
Mcmillan sold 2,999 shares of the business’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $16.02, for a total transaction of $48,043.
98. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website . Insiders own 7.
30% of the company’s stock. American Eagle Outfitters Stock Performance AEO opened at $13.76 on Friday.
American Eagle Outfitters, Inc. has a 52-week low of $13.64 and a 52-week high of $26.
44. The stock has a market capitalization of $2.64 billion, a PE ratio of 11.
76, a price-to-earnings-growth ratio of 0.86 and a beta of 1.53.
The stock’s 50 day moving average price is $16.07 and its 200-day moving average price is $18.58.
American Eagle Outfitters ( NYSE:AEO – Get Free Report ) last posted its earnings results on Wednesday, December 4th. The apparel retailer reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.
46 by $0.02. American Eagle Outfitters had a return on equity of 20.
75% and a net margin of 4.28%. The firm had revenue of $1.
29 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same period in the previous year, the firm earned $0.
49 earnings per share. The business’s revenue was down .9% compared to the same quarter last year.
Research analysts forecast that American Eagle Outfitters, Inc. will post 1.7 EPS for the current fiscal year.
American Eagle Outfitters Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 10th were paid a dividend of $0.125 per share.
The ex-dividend date was Friday, January 10th. This represents a $0.50 annualized dividend and a dividend yield of 3.
64%. American Eagle Outfitters’s dividend payout ratio (DPR) is presently 42.74%.
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. See Also 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 – Free Report ). Receive News & Ratings for American Eagle Outfitters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Eagle Outfitters and related companies with MarketBeat.
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