Hellman Jordan Management Co. Inc. MA bought a new position in shares of American Eagle Outfitters (NYSE:AEO) during the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 25,500 shares of the apparel retailer’s stock, valued at approximately $565,000.

A number of other institutional investors also recently bought and sold shares of AEO. Federated Investors Inc. PA boosted its position in American Eagle Outfitters by 64.6% during the first quarter. Federated Investors Inc. PA now owns 666,542 shares of the apparel retailer’s stock worth $14,777,000 after purchasing an additional 261,578 shares in the last quarter. Victory Capital Management Inc. boosted its position in American Eagle Outfitters by 18.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,779,870 shares of the apparel retailer’s stock worth $34,405,000 after purchasing an additional 278,026 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its position in American Eagle Outfitters by 1,864.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,299,537 shares of the apparel retailer’s stock worth $67,000 after purchasing an additional 1,233,392 shares in the last quarter. GAM Holding AG boosted its position in American Eagle Outfitters by 64.2% during the fourth quarter. GAM Holding AG now owns 56,827 shares of the apparel retailer’s stock worth $1,079,000 after purchasing an additional 22,223 shares in the last quarter. Finally, Vanguard Group Inc boosted its position in American Eagle Outfitters by 9.8% during the third quarter. Vanguard Group Inc now owns 17,117,791 shares of the apparel retailer’s stock worth $425,035,000 after purchasing an additional 1,521,279 shares in the last quarter. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have issued reports on the company. Wedbush downgraded American Eagle Outfitters from an “outperform” rating to a “neutral” rating in a research report on Thursday, May 9th. Zacks Investment Research downgraded American Eagle Outfitters from a “hold” rating to a “sell” rating in a research report on Tuesday, May 7th. Royal Bank of Canada downgraded American Eagle Outfitters from an “outperform” rating to a “sector perform” rating and set a $24.00 price target on the stock. in a research report on Thursday, May 9th. They noted that the move was a valuation call. ValuEngine downgraded American Eagle Outfitters from a “hold” rating to a “sell” rating in a research report on Tuesday, June 11th. Finally, UBS Group set a $26.00 price target on American Eagle Outfitters and gave the stock a “buy” rating in a research report on Wednesday. Two analysts have rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $23.73.

In other news, insider Jennifer M. Foyle sold 117,051 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $23.53, for a total value of $2,754,210.03. Following the transaction, the insider now owns 144,228 shares in the company, valued at $3,393,684.84. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Charles F. Kessler sold 3,573 shares of the firm’s stock in a transaction that occurred on Wednesday, April 24th. The shares were sold at an average price of $23.00, for a total value of $82,179.00. Following the completion of the transaction, the insider now owns 132,618 shares in the company, valued at approximately $3,050,214. The disclosure for this sale can be found here. In the last 90 days, insiders sold 135,820 shares of company stock worth $3,151,706. Company insiders own 6.30% of the company’s stock.

Shares of NYSE AEO traded up $0.50 during midday trading on Friday, hitting $17.57. The stock had a trading volume of 6,416,454 shares, compared to its average volume of 5,304,221. The company has a market cap of $3.03 billion, a PE ratio of 11.87, a price-to-earnings-growth ratio of 1.67 and a beta of 1.07. American Eagle Outfitters has a 1 year low of $16.31 and a 1 year high of $29.88. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.46 and a quick ratio of 0.76.

American Eagle Outfitters (NYSE:AEO) last released its earnings results on Wednesday, June 5th. The apparel retailer reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.03. The business had revenue of $886.29 million for the quarter, compared to the consensus estimate of $855.55 million. American Eagle Outfitters had a return on equity of 20.80% and a net margin of 6.41%. The business’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.23 earnings per share. On average, equities research analysts anticipate that American Eagle Outfitters will post 1.58 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, July 26th. Stockholders of record on Friday, July 12th will be given a $0.1375 dividend. The ex-dividend date is Thursday, July 11th. This represents a $0.55 annualized dividend and a dividend yield of 3.13%. American Eagle Outfitters’s dividend payout ratio (DPR) is presently 37.16%.

WARNING: “25,500 Shares in American Eagle Outfitters (NYSE:AEO) Acquired by Hellman Jordan Management Co. Inc. MA” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another domain, it was illegally stolen and republished in violation of international copyright & trademark legislation. The original version of this article can be accessed at https://www.thecerbatgem.com/2019/06/16/25500-shares-in-american-eagle-outfitters-nyseaeo-acquired-by-hellman-jordan-management-co-inc-ma.html.

American Eagle Outfitters Profile

American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle and Aerie brands. The company also provides jeans, and other apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women.

Featured Story: Market Capitalization in the Stock Market

Want to see what other hedge funds are holding AEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Eagle Outfitters (NYSE:AEO).

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

Receive News & Ratings for American Eagle Outfitters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Eagle Outfitters and related companies with MarketBeat.com's FREE daily email newsletter.