Mutual of America Capital Management LLC boosted its holdings in American Eagle Outfitters, Inc. (NYSE:AEO) by 8.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 142,636 shares of the apparel retailer’s stock after buying an additional 10,876 shares during the period. Mutual of America Capital Management LLC owned approximately 0.08% of American Eagle Outfitters worth $1,719,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Soros Fund Management LLC purchased a new position in American Eagle Outfitters in the 1st quarter valued at approximately $556,000. HighTower Advisors LLC grew its stake in American Eagle Outfitters by 2.0% in the 1st quarter. HighTower Advisors LLC now owns 14,893 shares of the apparel retailer’s stock valued at $210,000 after buying an additional 290 shares in the last quarter. Engineers Gate Manager LP purchased a new position in American Eagle Outfitters in the 2nd quarter valued at approximately $2,016,000. Envestnet Asset Management Inc. grew its stake in American Eagle Outfitters by 85.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 30,818 shares of the apparel retailer’s stock valued at $432,000 after buying an additional 14,230 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in American Eagle Outfitters by 84.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 138,705 shares of the apparel retailer’s stock valued at $1,671,000 after buying an additional 63,583 shares in the last quarter. Institutional investors and hedge funds own 83.87% of the company’s stock.

AEO has been the subject of a number of recent research reports. Royal Bank Of Canada set a $14.00 price objective on shares of American Eagle Outfitters and gave the company a “buy” rating in a research note on Monday, June 19th. BidaskClub upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating in a research note on Tuesday, July 4th. ValuEngine upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. BMO Capital Markets set a $15.00 price objective on shares of American Eagle Outfitters and gave the company a “buy” rating in a research note on Thursday, July 6th. Finally, Jefferies Group LLC set a $18.00 price objective on shares of American Eagle Outfitters and gave the company a “buy” rating in a research note on Thursday, August 3rd. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have given a buy rating to the company’s stock. American Eagle Outfitters currently has an average rating of “Hold” and a consensus target price of $14.60.

In related news, insider Jennifer M. Foyle sold 13,500 shares of the company’s stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $14.22, for a total transaction of $191,970.00. Following the completion of the transaction, the insider now owns 27,531 shares in the company, valued at $391,490.82. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 5.80% of the stock is currently owned by corporate insiders.

American Eagle Outfitters, Inc. (NYSE AEO) opened at 13.85 on Friday. American Eagle Outfitters, Inc. has a 12 month low of $10.23 and a 12 month high of $19.00. The stock has a market cap of $2.45 billion, a PE ratio of 14.22 and a beta of 1.10. The company has a 50-day moving average of $12.94 and a 200-day moving average of $12.55.

American Eagle Outfitters (NYSE:AEO) last issued its earnings results on Wednesday, August 23rd. The apparel retailer reported $0.19 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.03. American Eagle Outfitters had a net margin of 4.85% and a return on equity of 18.25%. The firm had revenue of $845.00 million during the quarter, compared to analyst estimates of $823.84 million. During the same quarter in the prior year, the business earned $0.23 earnings per share. American Eagle Outfitters’s revenue for the quarter was up 2.7% on a year-over-year basis. On average, equities analysts forecast that American Eagle Outfitters, Inc. will post $1.13 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Friday, October 6th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Thursday, October 5th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.61%. American Eagle Outfitters’s dividend payout ratio is 51.55%.

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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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