American Eagle Outfitters Inc. (NYSE:AEO) was downgraded by FBR & Co from an “outperform” rating to a “market perform” rating in a research note issued on Tuesday. They currently have a $19.00 price target on the apparel retailer’s stock, down from their previous price target of $22.00. FBR & Co’s price objective suggests a potential upside of 5.67% from the stock’s current price.

Several other research analysts also recently commented on the stock. B. Riley restated a “buy” rating and set a $22.00 price objective on shares of American Eagle Outfitters in a research report on Thursday, August 18th. Jefferies Group restated a “buy” rating on shares of American Eagle Outfitters in a research report on Sunday, September 4th. SunTrust Banks Inc. boosted their price objective on shares of American Eagle Outfitters from $19.00 to $22.00 and gave the company a “buy” rating in a research report on Thursday, August 18th. Nomura boosted their price objective on shares of American Eagle Outfitters from $16.00 to $17.00 and gave the company a “neutral” rating in a research report on Thursday, August 18th. Finally, Zacks Investment Research upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research report on Friday, August 19th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $19.63.

Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

American Eagle Outfitters (NYSE:AEO) opened at 17.98 on Tuesday. The company has a market capitalization of $3.27 billion, a price-to-earnings ratio of 14.30 and a beta of 0.86. The stock has a 50 day moving average price of $17.28 and a 200 day moving average price of $16.91. American Eagle Outfitters has a 52-week low of $12.78 and a 52-week high of $19.55.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 21st. Shareholders of record on Friday, October 7th were paid a $0.125 dividend. The ex-dividend date was Wednesday, October 5th. This represents a $0.50 annualized dividend and a yield of 2.78%. American Eagle Outfitters’s dividend payout ratio (DPR) is 40.00%.

In other American Eagle Outfitters news, COO Michael R. Rempell sold 50,826 shares of the stock in a transaction dated 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 in the company, valued at approximately $1,998,490.68. The transaction was disclosed in a document filed with the SEC, which is available at this link. 5.80% of the stock is currently owned by company insiders.

Large investors have recently bought and sold shares of the stock. Acadian Asset Management LLC raised its stake in 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 valued at $73,952,000 after buying an additional 4,134,001 shares during the period. Oak Ridge Investments LLC purchased a new stake in American Eagle Outfitters during the third quarter valued at approximately $60,841,000. LSV Asset Management raised its stake in 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 valued at $116,329,000 after buying an additional 1,461,850 shares during the period. Two Sigma Advisers LP raised its stake in 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 during the period. Finally, SG Capital Management LLC purchased a new stake in American Eagle Outfitters during the second quarter valued at approximately $22,165,000. Hedge funds and other institutional investors own 95.26% of the company’s stock.

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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