American Eagle Outfitters Inc. (NYSE:AEO) was downgraded by equities research analysts at Vetr from a “strong-buy” rating to a “buy” rating in a note issued to investors on Monday. They presently have a $19.96 price objective on the apparel retailer’s stock. Vetr‘s price target suggests a potential upside of 10.03% from the company’s current price.

Other analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a report on Tuesday, November 8th. BlueFin Research downgraded shares of American Eagle Outfitters from an “outperform” rating to a “market perform” rating in a report on Monday, November 7th. BMO Capital Markets raised shares of American Eagle Outfitters from a “market perform” rating to an “outperform” rating and increased their price target for the company from $18.00 to $21.00 in a report on Monday, October 10th. They noted that the move was a valuation call. Jefferies Group reissued a “buy” rating on shares of American Eagle Outfitters in a report on Monday, September 12th. Finally, FBR & Co reissued an “outperform” rating on shares of American Eagle Outfitters in a report on Tuesday, September 6th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $19.63.

Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

American Eagle Outfitters (NYSE:AEO) opened at 18.14 on Monday. The firm’s 50-day moving average is $17.28 and its 200-day moving average is $16.82. The firm has a market capitalization of $3.30 billion, a price-to-earnings ratio of 14.43 and a beta of 0.86. American Eagle Outfitters has a 1-year low of $12.78 and a 1-year high of $19.55.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 21st. Investors of record on Friday, October 7th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.76%. The ex-dividend date was Wednesday, October 5th. American Eagle Outfitters’s payout ratio is 40.00%.

In other American Eagle Outfitters news, COO Michael R. Rempell sold 83,141 shares of the firm’s stock in a transaction that occurred on Thursday, August 18th. The shares were sold at an average price of $18.68, for a total transaction of $1,553,073.88. Following the sale, the chief operating officer now directly owns 196,868 shares in the company, valued at approximately $3,677,494.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Michael R. Rempell sold 50,826 shares of the firm’s stock in a transaction that occurred on Friday, September 2nd. The stock was sold at an average price of $18.84, for a total transaction of $957,561.84. Following the sale, the chief operating officer now owns 106,077 shares in the company, valued at $1,998,490.68. The disclosure for this sale can be found here. Company insiders own 5.80% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the company. Invictus RG bought a new stake in shares of American Eagle Outfitters during the first quarter valued at approximately $105,000. Smith Asset Management Group LP increased its stake in shares of American Eagle Outfitters by 8,589.7% in the second quarter. Smith Asset Management Group LP now owns 6,778 shares of the apparel retailer’s stock valued at $108,000 after buying an additional 6,700 shares during the period. Huntington National Bank bought a new stake in shares of American Eagle Outfitters during the second quarter valued at approximately $129,000. Canada Pension Plan Investment Board increased its stake in shares of American Eagle Outfitters by 27.1% in the first quarter. Canada Pension Plan Investment Board now owns 8,900 shares of the apparel retailer’s stock valued at $148,000 after buying an additional 1,900 shares during the period. Finally, LS Investment Advisors LLC increased its stake in shares of American Eagle Outfitters by 66.7% in the second quarter. LS Investment Advisors LLC now owns 10,155 shares of the apparel retailer’s stock valued at $162,000 after buying an additional 4,063 shares during the period. Hedge funds and other institutional investors own 95.26% of the company’s stock.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc (AEO Inc) is a specialty retailer, operating over 1,000 retail stores and online at ae.com and aerie.com in the United States and internationally. The Company operates in the segment of American Eagle Outfitters Brand (AEO Brand) retail stores, Aerie by American Eagle Outfitters retail stores and AEO Direct.

5 Day Chart for NYSE:AEO

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