Mutual of America Capital Management LLC boosted its stake in American Eagle Outfitters Inc. (NYSE:AEO) by 7.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 132,089 shares of the apparel retailer’s stock after buying an additional 8,996 shares during the period. Mutual of America Capital Management LLC owned 0.07% of American Eagle Outfitters worth $2,359,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Smith Asset Management Group LP boosted its stake in 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. Invictus RG boosted its stake in American Eagle Outfitters by 7.1% in the second quarter. Invictus RG now owns 6,764 shares of the apparel retailer’s stock valued at $108,000 after buying an additional 449 shares during the period. Huntington National Bank bought a new stake in American Eagle Outfitters during the second quarter valued at $129,000. LS Investment Advisors LLC boosted its stake in 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. Finally, Round Table Services LLC boosted its stake in American Eagle Outfitters by 8.8% in the second quarter. Round Table Services LLC now owns 11,260 shares of the apparel retailer’s stock valued at $179,000 after buying an additional 915 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 0.33% on Monday, hitting $18.40. The company had a trading volume of 5,247,946 shares. The company has a market capitalization of $3.34 billion, a price-to-earnings ratio of 14.64 and a beta of 0.86. The stock’s 50-day moving average is $17.46 and its 200 day moving average is $17.15. American Eagle Outfitters Inc. has a 52 week low of $12.78 and a 52 week high of $19.55.

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Several analysts recently weighed in on the stock. Wunderlich reiterated a “buy” rating and issued a $22.00 price target on shares of American Eagle Outfitters in a report on Monday. FBR & Co cut shares of American Eagle Outfitters from an “outperform” rating to a “market perform” rating and cut their price target for the company from $22.00 to $19.00 in a report on Tuesday, November 15th. Wolfe Research cut shares of American Eagle Outfitters from an “outperform” rating to a “peer perform” rating in a report on Monday, November 14th. Vetr cut shares of American Eagle Outfitters from a “strong-buy” rating to a “buy” rating and set a $19.96 price target on the stock. in a report on Monday, November 14th. Finally, Zacks Investment Research cut shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a report on Tuesday, November 8th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $19.63.

In related news, COO Michael R. Rempell sold 50,826 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $1,998,490.68. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 5.80% 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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