American Eagle Outfitters (AEO) Shares Sold by Rothschild Asset Management Inc.

Rothschild Asset Management Inc. lowered its holdings in American Eagle Outfitters (NYSE:AEO) by 83.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 219,958 shares of the apparel retailer’s stock after selling 1,129,793 shares during the period. Rothschild Asset Management Inc. owned about 0.12% of American Eagle Outfitters worth $3,145,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Teachers Retirement System of The State of Kentucky purchased a new position in shares of American Eagle Outfitters during the 1st quarter valued at $502,000. Oregon Public Employees Retirement Fund lifted its position in shares of American Eagle Outfitters by 4.3% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 63,158 shares of the apparel retailer’s stock valued at $761,000 after buying an additional 2,583 shares during the last quarter. LS Investment Advisors LLC lifted its position in shares of American Eagle Outfitters by 17.7% during the 2nd quarter. LS Investment Advisors LLC now owns 13,558 shares of the apparel retailer’s stock valued at $163,000 after buying an additional 2,036 shares during the last quarter. Louisiana State Employees Retirement System lifted its position in shares of American Eagle Outfitters by 0.5% during the 2nd quarter. Louisiana State Employees Retirement System now owns 43,400 shares of the apparel retailer’s stock valued at $523,000 after buying an additional 200 shares during the last quarter. Finally, First Citizens Bank & Trust Co. lifted its position in shares of American Eagle Outfitters by 31.1% during the 2nd quarter. First Citizens Bank & Trust Co. now owns 20,252 shares of the apparel retailer’s stock valued at $244,000 after buying an additional 4,807 shares during the last quarter. 81.59% of the stock is currently owned by institutional investors and hedge funds.

AEO has been the topic of a number of recent research reports. BMO Capital Markets reaffirmed a “buy” rating and set a $15.00 price target on shares of American Eagle Outfitters in a research report on Wednesday, September 13th. Cowen Inc set a $14.00 price target on American Eagle Outfitters and gave the company a “buy” rating in a research report on Wednesday, August 23rd. SunTrust Banks, Inc. set a $15.00 price target on American Eagle Outfitters and gave the company a “buy” rating in a research report on Thursday, August 24th. FBR & Co reaffirmed a “buy” rating and set a $15.00 price target (up previously from $13.00) on shares of American Eagle Outfitters in a research report on Tuesday, September 5th. Finally, ValuEngine cut American Eagle Outfitters from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $14.57.

Shares of American Eagle Outfitters (NYSE AEO) opened at $14.83 on Friday. The stock has a market capitalization of $2,625.64, a PE ratio of 12.90, a P/E/G ratio of 1.50 and a beta of 1.10. American Eagle Outfitters has a 1-year low of $10.23 and a 1-year high of $19.00.

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

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

COPYRIGHT VIOLATION NOTICE: “American Eagle Outfitters (AEO) Shares Sold by Rothschild Asset Management Inc.” was reported by Transcript Daily and is owned by of Transcript Daily. If you are reading this news story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark law. The original version of this news story can be read at https://transcriptdaily.com/2017/11/26/american-eagle-outfitters-aeo-shares-sold-by-rothschild-asset-management-inc.html.

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.

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.

Leave a Reply