Heartland Advisors Inc. decreased its stake in American Eagle Outfitters Inc. (NYSE:AEO) by 1.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 250,025 shares of the apparel retailer’s stock after selling 4,532 shares during the period. Heartland Advisors Inc. owned about 0.14% of American Eagle Outfitters worth $4,465,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AEO. Wellington Management Group LLP raised its position in American Eagle Outfitters by 56.3% in the first quarter. Wellington Management Group LLP now owns 499,148 shares of the apparel retailer’s stock valued at $8,321,000 after buying an additional 179,810 shares during the period. Envestnet Asset Management Inc. raised its position in American Eagle Outfitters by 942.3% in the first quarter. Envestnet Asset Management Inc. now owns 134,235 shares of the apparel retailer’s stock valued at $2,238,000 after buying an additional 121,356 shares during the period. BNP Paribas Arbitrage SA raised its position in American Eagle Outfitters by 389.0% in the second quarter. BNP Paribas Arbitrage SA now owns 185,162 shares of the apparel retailer’s stock valued at $2,950,000 after buying an additional 147,296 shares during the period. NN Investment Partners Holdings N.V. raised its position in American Eagle Outfitters by 17.5% in the second quarter. NN Investment Partners Holdings N.V. now owns 427,100 shares of the apparel retailer’s stock valued at $6,804,000 after buying an additional 63,500 shares during the period. Finally, Dalton Greiner Hartman Maher & Co. raised its position in American Eagle Outfitters by 1,169.5% in the second quarter. Dalton Greiner Hartman Maher & Co. now owns 892,529 shares of the apparel retailer’s stock valued at $14,218,000 after buying an additional 822,222 shares during the period. Hedge funds and other institutional investors own 99.36% of the company’s stock.

Institutional Ownership by Quarter for American Eagle Outfitters (NYSE:AEO)

Shares of American Eagle Outfitters Inc. (NYSE:AEO) traded up 0.954% during trading on Monday, reaching $18.515. 1,996,935 shares of the company’s stock were exchanged. American Eagle Outfitters Inc. has a 52 week low of $12.78 and a 52 week high of $19.55. The stock has a 50 day moving average price of $17.44 and a 200-day moving average price of $17.07. The stock has a market capitalization of $3.37 billion, a price-to-earnings ratio of 14.730 and a beta of 0.86.

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AEO has been the topic of several research analyst reports. Jefferies Group reissued a “buy” rating on shares of American Eagle Outfitters in a research report on Monday, August 1st. Bank of America Corp. raised shares of American Eagle Outfitters from a “neutral” rating to a “buy” rating and set a $22.00 target price on the stock in a research report on Tuesday, August 2nd. They noted that the move was a valuation call. Zacks Investment Research raised shares of American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a research report on Wednesday, August 3rd. Wunderlich raised shares of American Eagle Outfitters from a “hold” rating to a “buy” rating and boosted their target price for the stock from $13.00 to $22.00 in a research report on Thursday, August 11th. Finally, Telsey Advisory Group boosted their target price on shares of American Eagle Outfitters from $18.00 to $22.00 and gave the stock a “market perform” rating in a research report on Monday, August 15th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the company. American Eagle Outfitters currently has an average rating of “Hold” and an average target price of $19.63.

In other American Eagle Outfitters news, COO Michael R. Rempell sold 50,826 shares of American Eagle Outfitters stock in a transaction dated Friday, September 2nd. The shares were sold at an average price of $18.84, for a total transaction of $957,561.84. Following the completion of the transaction, the chief operating officer now owns 106,077 shares in the company, valued at $1,998,490.68. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 5.80% 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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