Thrivent Financial For Lutherans Has $405,000 Stake in American Eagle Outfitters, Inc. (AEO)

Thrivent Financial For Lutherans lifted its position in American Eagle Outfitters, Inc. (NYSE:AEO) by 3.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,580 shares of the apparel retailer’s stock after buying an additional 1,230 shares during the quarter. Thrivent Financial For Lutherans’ holdings in American Eagle Outfitters were worth $405,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of AEO. BlackRock Inc. lifted its stake in shares of American Eagle Outfitters by 8,781.1% in the first quarter. BlackRock Inc. now owns 17,773,025 shares of the apparel retailer’s stock worth $249,355,000 after buying an additional 17,572,904 shares during the last quarter. Hamlin Capital Management LLC lifted its stake in shares of American Eagle Outfitters by 34.0% in the second quarter. Hamlin Capital Management LLC now owns 5,737,478 shares of the apparel retailer’s stock worth $69,137,000 after buying an additional 1,456,748 shares during the last quarter. Mackay Shields LLC lifted its stake in shares of American Eagle Outfitters by 67.8% in the second quarter. Mackay Shields LLC now owns 2,560,914 shares of the apparel retailer’s stock worth $30,859,000 after buying an additional 1,034,486 shares during the last quarter. Hodges Capital Management Inc. lifted its stake in shares of American Eagle Outfitters by 87.1% in the second quarter. Hodges Capital Management Inc. now owns 1,846,259 shares of the apparel retailer’s stock worth $22,247,000 after buying an additional 859,270 shares during the last quarter. Finally, Dalton Greiner Hartman Maher & Co. lifted its stake in shares of American Eagle Outfitters by 32.1% in the second quarter. Dalton Greiner Hartman Maher & Co. now owns 2,259,340 shares of the apparel retailer’s stock worth $27,225,000 after buying an additional 549,183 shares during the last quarter. Institutional investors and hedge funds own 83.83% of the company’s stock.

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

A number of analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research note on Tuesday, October 10th. Cowen and Company restated an “outperform” rating and issued a $16.00 price objective (up from $14.00) on shares of American Eagle Outfitters in a research note on Monday, October 2nd. SunTrust Banks, Inc. restated a “buy” rating and issued a $15.00 price objective on shares of American Eagle Outfitters in a research note on Monday, October 2nd. BMO Capital Markets restated a “buy” rating and issued a $15.00 price objective on shares of American Eagle Outfitters in a research note on Wednesday, September 13th. Finally, Jefferies Group LLC set a $18.00 price objective on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Sunday, September 10th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have assigned a buy rating to the company. American Eagle Outfitters presently has a consensus rating of “Hold” and a consensus target price of $14.61.

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Shares of American Eagle Outfitters, Inc. (AEO) opened at 12.97 on Friday. The company has a market cap of $2.30 billion, a price-to-earnings ratio of 13.32 and a beta of 1.10. American Eagle Outfitters, Inc. has a one year low of $10.23 and a one year high of $19.00. The firm has a 50-day moving average of $13.32 and a 200 day moving average of $12.49.

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, topping 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 $845.00 million during the quarter, compared to the consensus estimate of $823.84 million. During the same quarter last year, the firm earned $0.23 earnings per share. The company’s revenue 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 year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, October 6th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date is Thursday, October 5th. American Eagle Outfitters’s dividend payout ratio is currently 51.55%.

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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