Universal Beteiligungs und Servicegesellschaft mbH Reduces Holdings in American Eagle Outfitters, Inc. $AEO

Universal Beteiligungs und Servicegesellschaft mbH lowered its position in American Eagle Outfitters, Inc. (NYSE:AEO) by 1.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 262,239 shares of the apparel retailer’s stock after selling 5,040 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.15% of American Eagle Outfitters worth $2,523,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Vaughan Nelson Investment Management L.P. raised its position in American Eagle Outfitters by 41.7% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 2,307,326 shares of the apparel retailer’s stock worth $22,196,000 after purchasing an additional 678,536 shares during the period. Savant Capital LLC boosted its position in shares of American Eagle Outfitters by 170.8% during the second quarter. Savant Capital LLC now owns 41,165 shares of the apparel retailer’s stock valued at $396,000 after buying an additional 25,962 shares during the period. Voya Investment Management LLC grew its stake in shares of American Eagle Outfitters by 29.4% during the first quarter. Voya Investment Management LLC now owns 142,328 shares of the apparel retailer’s stock valued at $1,654,000 after buying an additional 32,305 shares during the last quarter. Delta Investment Management LLC purchased a new stake in shares of American Eagle Outfitters in the second quarter worth approximately $144,000. Finally, Parallax Volatility Advisers L.P. bought a new stake in shares of American Eagle Outfitters during the 1st quarter worth approximately $531,000. 97.33% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on AEO. UBS Group upped their price objective on American Eagle Outfitters from $21.50 to $22.00 and gave the company a “buy” rating in a research report on Wednesday, November 19th. Citigroup upped their price target on shares of American Eagle Outfitters from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Tuesday, November 11th. BTIG Research began coverage on shares of American Eagle Outfitters in a report on Thursday, September 18th. They set a “neutral” rating for the company. Barclays boosted their price objective on shares of American Eagle Outfitters from $9.00 to $14.00 and gave the company an “underweight” rating in a research report on Thursday, September 4th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $9.00 target price on shares of American Eagle Outfitters in a research report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $15.11.

Insider Activity

In other news, Director Cary D. Mcmillan sold 9,002 shares of the company’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $18.11, for a total transaction of $163,026.22. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Noel Joseph Spiegel sold 40,000 shares of American Eagle Outfitters stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $18.12, for a total transaction of $724,800.00. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 138,766 shares of company stock worth $2,515,354 over the last 90 days. 8.70% of the stock is currently owned by insiders.

American Eagle Outfitters Stock Up 3.0%

NYSE:AEO opened at $19.10 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.62 and a quick ratio of 0.71. American Eagle Outfitters, Inc. has a 1-year low of $9.27 and a 1-year high of $20.55. The company has a 50-day moving average of $16.98 and a 200 day moving average of $13.64. The firm has a market cap of $3.23 billion, a PE ratio of 18.37 and a beta of 1.58.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings results on Wednesday, September 3rd. The apparel retailer reported $0.45 EPS for the quarter, beating the consensus estimate of $0.20 by $0.25. American Eagle Outfitters had a net margin of 3.74% and a return on equity of 13.67%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the previous year, the business posted $0.39 EPS. The company’s quarterly revenue was down .6% compared to the same quarter last year. As a group, research analysts anticipate that American Eagle Outfitters, Inc. will post 1.7 EPS for the current fiscal year.

American Eagle Outfitters Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 29th. Shareholders of record on Friday, October 10th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.6%. The ex-dividend date was Friday, October 10th. American Eagle Outfitters’s payout ratio is 48.08%.

About American Eagle Outfitters

American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.