American Century Companies Inc. lowered its stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 4.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,108,092 shares of the apparel retailer’s stock after selling 47,749 shares during the period. American Century Companies Inc. owned approximately 0.63% of American Eagle Outfitters worth $13,353,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Glen Harbor Capital Management LLC boosted its holdings in American Eagle Outfitters by 2.2% during the first quarter. Glen Harbor Capital Management LLC now owns 7,238 shares of the apparel retailer’s stock worth $102,000 after buying an additional 154 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of American Eagle Outfitters by 58.4% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,804 shares of the apparel retailer’s stock valued at $109,000 after purchasing an additional 2,877 shares in the last quarter. Elkfork Partners LLC lifted its holdings in shares of American Eagle Outfitters by 2.2% during the 1st quarter. Elkfork Partners LLC now owns 9,212 shares of the apparel retailer’s stock valued at $129,000 after purchasing an additional 196 shares in the last quarter. Ronald Blue & Co. LLC lifted its holdings in shares of American Eagle Outfitters by 3.1% during the 2nd quarter. Ronald Blue & Co. LLC now owns 10,476 shares of the apparel retailer’s stock valued at $126,000 after purchasing an additional 311 shares in the last quarter. Finally, FNY Managed Accounts LLC bought a new position in shares of American Eagle Outfitters during the 1st quarter valued at about $147,000. Hedge funds and other institutional investors own 83.88% of the company’s stock.

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American Eagle Outfitters, Inc. (NYSE AEO) opened at 12.29 on Tuesday. The firm’s 50 day moving average price is $11.77 and its 200 day moving average price is $12.79. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 12.62 and a beta of 1.07. American Eagle Outfitters, Inc. has a 52-week low of $10.23 and a 52-week high of $19.02.

American Eagle Outfitters (NYSE:AEO) last posted its earnings results on Wednesday, August 23rd. The apparel retailer reported $0.19 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.03. American Eagle Outfitters had a return on equity of 18.25% and a net margin of 4.85%. The company had revenue of $845 million for the quarter, compared to analyst estimates of $823.84 million. During the same quarter last year, the company earned $0.23 earnings per share. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. Equities research analysts anticipate that American Eagle Outfitters, Inc. will post $1.13 EPS for the current fiscal year.

Several equities analysts have recently weighed in on AEO shares. Wolfe Research cut American Eagle Outfitters from a “peer perform” rating to an “underperform” rating in a report on Tuesday, May 9th. Jefferies Group LLC set a $19.00 price objective on American Eagle Outfitters and gave the company a “buy” rating in a report on Wednesday, May 10th. Royal Bank Of Canada reiterated a “buy” rating and set a $17.00 price objective on shares of American Eagle Outfitters in a report on Friday, May 12th. Deutsche Bank AG cut American Eagle Outfitters from a “buy” rating to a “hold” rating in a report on Wednesday, May 17th. Finally, B. Riley reiterated a “neutral” rating and set a $12.50 price objective on shares of American Eagle Outfitters in a report on Thursday, May 18th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $14.75.

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.

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

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