American Eagle Outfitters Inc. (NYSE:AEO) was downgraded by research analysts at Wolfe Research from an “outperform” rating to a “peer perform” rating in a note issued to investors on Monday.

A number of other research analysts also recently weighed in on AEO. B. Riley reaffirmed a “buy” rating and set a $22.00 price target on shares of American Eagle Outfitters in a research note on Thursday, August 18th. Jefferies Group reissued a “buy” rating on shares of American Eagle Outfitters in a research note on Sunday, September 4th. Mizuho increased their price objective on American Eagle Outfitters from $16.00 to $18.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 17th. Citigroup Inc. increased their price objective on American Eagle Outfitters from $16.00 to $19.00 and gave the stock a “neutral” rating in a research note on Thursday, August 18th. Finally, Zacks Investment Research raised American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research note on Wednesday, August 3rd. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the stock. American Eagle Outfitters currently has an average 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. American Eagle Outfitters has a 52 week low of $12.78 and a 52 week high of $19.55. The stock’s 50 day moving average price is $17.28 and its 200 day moving average price is $16.82. The company has a market capitalization of $3.30 billion, a P/E ratio of 14.43 and a beta of 0.86.

The business also recently announced a quarterly dividend, which was paid on Friday, October 21st. Shareholders of record on Friday, October 7th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date was Wednesday, October 5th. American Eagle Outfitters’s dividend payout ratio (DPR) is presently 40.00%.

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

Large investors have recently bought and sold shares of the company. Acadian Asset Management LLC increased its stake in shares of American Eagle Outfitters by 63,983.9% in the third quarter. Acadian Asset Management LLC now owns 4,140,462 shares of the apparel retailer’s stock worth $73,952,000 after buying an additional 4,134,001 shares during the last quarter. Oak Ridge Investments LLC acquired a new stake in shares of American Eagle Outfitters during the third quarter worth about $60,841,000. LSV Asset Management increased its stake in shares of American Eagle Outfitters by 25.0% in the second quarter. LSV Asset Management now owns 7,302,529 shares of the apparel retailer’s stock worth $116,329,000 after buying an additional 1,461,850 shares during the last quarter. Two Sigma Advisers LP increased its position in shares of American Eagle Outfitters by 1,827.5% in the third quarter. Two Sigma Advisers LP now owns 1,495,769 shares of the apparel retailer’s stock valued at $26,714,000 after buying an additional 1,418,169 shares in the last quarter. Finally, SG Capital Management LLC purchased a new position in shares of American Eagle Outfitters during the second quarter valued at $22,165,000. 95.26% of the stock is owned by institutional investors and hedge funds.

About American Eagle Outfitters

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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