American Eagle Outfitters, Inc. (NYSE:AEO) Shares Sold by Cooke & Bieler LP

Cooke & Bieler LP lessened its holdings in American Eagle Outfitters, Inc. (NYSE:AEO) by 3.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,996,990 shares of the apparel retailer’s stock after selling 214,740 shares during the period. Cooke & Bieler LP owned approximately 3.12% of American Eagle Outfitters worth $99,970,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. Wellington Management Group LLP lifted its stake in shares of American Eagle Outfitters by 2.8% in the 3rd quarter. Wellington Management Group LLP now owns 9,749,561 shares of the apparel retailer’s stock valued at $218,293,000 after purchasing an additional 268,326 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of American Eagle Outfitters by 40.6% in the 3rd quarter. Victory Capital Management Inc. now owns 4,370,626 shares of the apparel retailer’s stock valued at $97,858,000 after purchasing an additional 1,262,693 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of American Eagle Outfitters by 8.4% in the 3rd quarter. Principal Financial Group Inc. now owns 2,918,295 shares of the apparel retailer’s stock valued at $65,341,000 after purchasing an additional 226,821 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of American Eagle Outfitters by 15.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,877,963 shares of the apparel retailer’s stock valued at $47,976,000 after purchasing an additional 381,047 shares during the last quarter. Finally, Systematic Financial Management LP lifted its stake in American Eagle Outfitters by 8.8% during the 3rd quarter. Systematic Financial Management LP now owns 1,394,167 shares of the apparel retailer’s stock worth $31,215,000 after acquiring an additional 112,367 shares in the last quarter. Institutional investors and hedge funds own 97.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Raymond James assumed coverage on American Eagle Outfitters in a research note on Friday, December 13th. They set a “market perform” rating on the stock. Bank of America decreased their target price on American Eagle Outfitters from $21.00 to $18.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. JPMorgan Chase & Co. decreased their target price on American Eagle Outfitters from $23.00 to $20.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th. Barclays reaffirmed an “equal weight” rating and issued a $17.00 price target (down previously from $19.00) on shares of American Eagle Outfitters in a research report on Wednesday, February 5th. Finally, BMO Capital Markets reduced their price target on American Eagle Outfitters from $22.00 to $20.00 and set a “market perform” rating on the stock in a research report on Thursday, December 5th. Eleven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $19.70.

American Eagle Outfitters Stock Performance

AEO opened at $12.11 on Tuesday. American Eagle Outfitters, Inc. has a one year low of $11.65 and a one year high of $26.25. The company has a market cap of $2.33 billion, a P/E ratio of 10.35, a PEG ratio of 0.82 and a beta of 1.57. The business’s 50-day simple moving average is $15.22 and its 200-day simple moving average is $17.89.

Insider Activity

In related news, Director Cary D. Mcmillan sold 2,999 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $16.02, for a total transaction of $48,043.98. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 7.30% of the company’s stock.

American Eagle Outfitters Profile

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.