New York State Teachers Retirement System cut its stake in American Eagle Outfitters, Inc. (NYSE:AEO) by 0.0% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 338,369 shares of the apparel retailer’s stock after selling 100 shares during the period. New York State Teachers Retirement System’s holdings in American Eagle Outfitters were worth $4,747,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in AEO. Legato Capital Management LLC boosted its stake in American Eagle Outfitters by 1,303.0% in the first quarter. Legato Capital Management LLC now owns 61,774 shares of the apparel retailer’s stock valued at $4,403,000 after buying an additional 57,371 shares during the period. Louisiana State Employees Retirement System boosted its stake in American Eagle Outfitters by 2.1% in the first quarter. Louisiana State Employees Retirement System now owns 43,200 shares of the apparel retailer’s stock valued at $606,000 after buying an additional 900 shares during the period. BLB&B Advisors LLC boosted its stake in American Eagle Outfitters by 4.4% in the first quarter. BLB&B Advisors LLC now owns 79,666 shares of the apparel retailer’s stock valued at $1,118,000 after buying an additional 3,375 shares during the period. Capstone Asset Management Co. boosted its stake in American Eagle Outfitters by 0.4% in the first quarter. Capstone Asset Management Co. now owns 15,667 shares of the apparel retailer’s stock valued at $220,000 after buying an additional 60 shares during the period. Finally, Foundry Partners LLC boosted its stake in American Eagle Outfitters by 0.3% in the first quarter. Foundry Partners LLC now owns 85,686 shares of the apparel retailer’s stock valued at $1,202,000 after buying an additional 226 shares during the period. Institutional investors own 89.88% of the company’s stock.

Shares of American Eagle Outfitters, Inc. (AEO) traded up 0.43% during midday trading on Thursday, hitting $11.65. 2,029,294 shares of the stock were exchanged. The stock’s 50-day moving average price is $11.69 and its 200 day moving average price is $13.30. American Eagle Outfitters, Inc. has a one year low of $10.56 and a one year high of $19.55. The stock has a market cap of $2.06 billion, a P/E ratio of 10.69 and a beta of 1.09.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings results on Wednesday, May 17th. The apparel retailer reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.01. The firm had revenue of $761.80 million during the quarter, compared to the consensus estimate of $741.76 million. American Eagle Outfitters had a net margin of 5.44% and a return on equity of 18.95%. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.22 EPS. On average, analysts anticipate that American Eagle Outfitters, Inc. will post $1.09 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, July 21st. Investors of record on Friday, July 7th were paid a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, July 5th. This represents a $0.50 annualized dividend and a dividend yield of 4.29%. American Eagle Outfitters’s payout ratio is 46.30%.

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Several research firms have recently commented on AEO. Jefferies Group LLC set a $19.00 target price on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Wednesday, May 10th. Wolfe Research cut shares of American Eagle Outfitters from a “peer perform” rating to an “underperform” rating in a research note on Tuesday, May 9th. Deutsche Bank AG reiterated a “buy” rating and issued a $20.00 price target on shares of American Eagle Outfitters in a report on Monday, April 24th. Vetr downgraded shares of American Eagle Outfitters from a “strong-buy” rating to a “buy” rating and set a $15.00 price target for the company. in a report on Thursday, April 20th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $17.00 price target on shares of American Eagle Outfitters in a report on Friday, May 12th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $15.73.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand. AEO Inc operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom.

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

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