1 week Ago By ABMN Staff
Geode Capital Management LLC lowered its position in American Eagle Outfitters, Inc. ( NYSE:AEO – Free Report ) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 4,028,221 shares of the apparel retailer’s stock after selling 97,619 shares during the quarter. Geode Capital Management LLC’s holdings in American Eagle Outfitters were worth $67,166,000 as of its most recent SEC filing. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company.
HighTower Advisors LLC acquired a new stake in shares of American Eagle Outfitters in the 4th quarter valued at $267,000. Smartleaf Asset Management LLC increased its holdings in American Eagle Outfitters by 137.5% in the fourth quarter.
Smartleaf Asset Management LLC now owns 3,358 shares of the apparel retailer’s stock valued at $55,000 after buying an additional 1,944 shares during the last quarter. Entropy Technologies LP acquired a new stake in American Eagle Outfitters in the fourth quarter valued at $378,000. Nordea Investment Management AB purchased a new stake in American Eagle Outfitters during the 4th quarter worth about $1,557,000.
Finally, US Bancorp DE boosted its position in shares of American Eagle Outfitters by 1,673.7% during the 4th quarter. US Bancorp DE now owns 62,134 shares of the apparel retailer’s stock worth $1,036,000 after acquiring an additional 58,631 shares in the last quarter.
Institutional investors and hedge funds own 97.33% of the company’s stock. American Eagle Outfitters Price Performance Shares of AEO stock opened at $10.
65 on Friday. The business’s fifty day moving average price is $12.57 and its 200 day moving average price is $16.
33. The firm has a market capitalization of $1.84 billion, a PE ratio of 9.
10, a P/E/G ratio of 0.82 and a beta of 1.40.
American Eagle Outfitters, Inc. has a 1-year low of $9.45 and a 1-year high of $25.
15. American Eagle Outfitters Dividend Announcement Analyst Ratings Changes Several brokerages have recently weighed in on AEO. Telsey Advisory Group reduced their price objective on shares of American Eagle Outfitters from $18.
00 to $12.00 and set a “market perform” rating for the company in a research report on Thursday, March 13th. UBS Group decreased their target price on American Eagle Outfitters from $32.
00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, March 13th. Bank of America lowered their price objective on shares of American Eagle Outfitters from $18.
00 to $13.00 and set a “neutral” rating on the stock in a research report on Friday, March 14th. BMO Capital Markets reissued a “market perform” rating and set a $15.
00 price target (down previously from $19.00) on shares of American Eagle Outfitters in a report on Tuesday, March 11th. Finally, JPMorgan Chase & Co.
dropped their price target on American Eagle Outfitters from $19.00 to $15.00 and set a “neutral” rating on the stock in a research report on Thursday, March 13th.
Eleven analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, American Eagle Outfitters has an average rating of “Hold” and an average target price of $16.00.
Get Our Latest Report on American Eagle Outfitters Insider Activity In related news, Director Cary D. Mcmillan sold 2,999 shares of the company’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 value of $48,043.98. The transaction was disclosed in a legal filing with the SEC, which is available at this link .
Insiders own 7.30% of the company’s stock. 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. Recommended Stories 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.
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