11,157 Shares in American Eagle Outfitters (AEO) Purchased by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC acquired a new stake in shares of American Eagle Outfitters (NYSE:AEO) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 11,157 shares of the apparel retailer’s stock, valued at approximately $160,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP raised its holdings in shares of American Eagle Outfitters by 9.6% in the third quarter. Dimensional Fund Advisors LP now owns 7,914,649 shares of the apparel retailer’s stock valued at $113,179,000 after buying an additional 693,993 shares during the last quarter. Hamlin Capital Management LLC raised its holdings in shares of American Eagle Outfitters by 16.4% in the third quarter. Hamlin Capital Management LLC now owns 6,677,523 shares of the apparel retailer’s stock valued at $95,489,000 after buying an additional 940,045 shares during the last quarter. State Street Corp raised its holdings in shares of American Eagle Outfitters by 4.5% in the second quarter. State Street Corp now owns 6,011,488 shares of the apparel retailer’s stock valued at $72,433,000 after buying an additional 258,845 shares during the last quarter. Northern Trust Corp raised its holdings in shares of American Eagle Outfitters by 4.0% in the second quarter. Northern Trust Corp now owns 3,300,280 shares of the apparel retailer’s stock valued at $39,768,000 after buying an additional 128,068 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of American Eagle Outfitters by 205.6% in the third quarter. Ameriprise Financial Inc. now owns 2,280,569 shares of the apparel retailer’s stock valued at $32,611,000 after buying an additional 1,534,344 shares during the last quarter. 83.20% of the stock is owned by institutional investors.

Shares of American Eagle Outfitters (NYSE AEO) opened at $18.34 on Friday. The company has a market capitalization of $3,223.46, a PE ratio of 16.38, a P/E/G ratio of 2.10 and a beta of 1.18. American Eagle Outfitters has a 12-month low of $10.23 and a 12-month high of $19.48.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 15th were given a $0.125 dividend. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.50 dividend on an annualized basis and a yield of 2.73%. American Eagle Outfitters’s payout ratio is 54.35%.

A number of research analysts recently issued reports on the company. Telsey Advisory Group lifted their price target on American Eagle Outfitters from $19.00 to $22.00 and gave the company an “outperform” rating in a report on Tuesday, January 2nd. BMO Capital Markets set a $21.00 price target on American Eagle Outfitters and gave the company a “buy” rating in a report on Tuesday, December 19th. SunTrust Banks reaffirmed a “buy” rating and issued a $21.00 price target on shares of American Eagle Outfitters in a report on Tuesday. Buckingham Research raised American Eagle Outfitters from a “neutral” rating to a “buy” rating and set a $22.00 price target for the company in a report on Thursday. Finally, ValuEngine raised American Eagle Outfitters from a “hold” rating to a “buy” rating in a report on Saturday, December 9th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the stock. American Eagle Outfitters has an average rating of “Hold” and an average price target of $15.74.

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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.

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

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