Legal & General Group Plc lifted its stake in shares of American Eagle Outfitters (NYSE:AEO) by 7.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 291,015 shares of the apparel retailer’s stock after acquiring an additional 21,093 shares during the quarter. Legal & General Group Plc owned 0.16% of American Eagle Outfitters worth $4,160,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of AEO. CIBC World Markets Inc. grew its stake in shares of American Eagle Outfitters by 0.6% during the second quarter. CIBC World Markets Inc. now owns 11,035 shares of the apparel retailer’s stock worth $133,000 after purchasing an additional 63 shares in the last quarter. Ifrah Financial Services Inc. grew its stake in shares of American Eagle Outfitters by 0.5% during the second quarter. Ifrah Financial Services Inc. now owns 34,282 shares of the apparel retailer’s stock worth $413,000 after purchasing an additional 177 shares in the last quarter. Amalgamated Bank grew its stake in shares of American Eagle Outfitters by 1.1% during the second quarter. Amalgamated Bank now owns 23,261 shares of the apparel retailer’s stock worth $280,000 after purchasing an additional 252 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of American Eagle Outfitters by 9.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,533 shares of the apparel retailer’s stock worth $103,000 after purchasing an additional 729 shares in the last quarter. Finally, Thrivent Financial For Lutherans grew its stake in shares of American Eagle Outfitters by 3.8% during the second quarter. Thrivent Financial For Lutherans now owns 33,580 shares of the apparel retailer’s stock worth $405,000 after purchasing an additional 1,230 shares in the last quarter. 83.20% of the stock is currently owned by institutional investors and hedge funds.

In other news, insider Jennifer M. Foyle sold 13,500 shares of the company’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $14.22, for a total value of $191,970.00. Following the completion of the sale, the insider now directly owns 27,531 shares of the company’s stock, valued at $391,490.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 5.80% of the stock is currently owned by corporate insiders.

American Eagle Outfitters (NYSE:AEO) opened at $18.53 on Thursday. American Eagle Outfitters has a 12 month low of $10.23 and a 12 month high of $18.59. The stock has a market cap of $3,207.50, a price-to-earnings ratio of 16.30, a price-to-earnings-growth ratio of 1.79 and a beta of 1.19.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings data on Wednesday, December 6th. The apparel retailer reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.02). American Eagle Outfitters had a net margin of 4.50% and a return on equity of 17.42%. The company had revenue of $960.00 million during the quarter, compared to analyst estimates of $960.86 million. During the same quarter in the prior year, the company earned $0.41 EPS. The business’s revenue was up 2.1% on a year-over-year basis. research analysts forecast that American Eagle Outfitters will post 1.16 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be issued a $0.125 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.70%. American Eagle Outfitters’s payout ratio is 54.35%.

AEO has been the subject of a number of analyst reports. Oppenheimer set a $13.00 target price on shares of American Eagle Outfitters and gave the stock a “hold” rating in a research note on Wednesday, August 23rd. SunTrust Banks set a $15.00 target price on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Thursday, August 24th. Buckingham Research reiterated a “neutral” rating on shares of American Eagle Outfitters in a research note on Thursday, August 24th. Cowen set a $14.00 target price on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Wednesday, August 23rd. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and set a $13.00 target price (up previously from $12.00) on shares of American Eagle Outfitters in a research note on Thursday, August 24th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $15.33.

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American Eagle Outfitters 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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