American Eagle Outfitters, Inc. (NYSE:AEO) Holdings Boosted by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC boosted its position in shares of American Eagle Outfitters, Inc. (NYSE:AEOGet Rating) by 2.0% during the 1st quarter, HoldingsChannel reports. The firm owned 139,944 shares of the apparel retailer’s stock after buying an additional 2,718 shares during the quarter. Mutual of America Capital Management LLC’s holdings in American Eagle Outfitters were worth $2,351,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AEO. Cornerstone Advisory LLC purchased a new position in shares of American Eagle Outfitters during the 4th quarter valued at $26,000. Rockefeller Capital Management L.P. grew its holdings in shares of American Eagle Outfitters by 73.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,462 shares of the apparel retailer’s stock valued at $37,000 after acquiring an additional 620 shares in the last quarter. Covestor Ltd purchased a new position in shares of American Eagle Outfitters during the 4th quarter valued at $46,000. CWM LLC purchased a new position in shares of American Eagle Outfitters during the 4th quarter valued at $111,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. purchased a new position in shares of American Eagle Outfitters during the 1st quarter valued at $186,000.

American Eagle Outfitters Stock Performance

NYSE:AEO opened at $11.99 on Friday. The firm’s 50-day moving average is $12.15 and its 200-day moving average is $16.61. American Eagle Outfitters, Inc. has a 52-week low of $10.82 and a 52-week high of $35.62. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.81 and a current ratio of 1.74. The company has a market cap of $2.03 billion, a price-to-earnings ratio of 6.93, a PEG ratio of 0.75 and a beta of 1.31.

American Eagle Outfitters (NYSE:AEOGet Rating) last posted its quarterly earnings data on Thursday, May 26th. The apparel retailer reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.08). American Eagle Outfitters had a return on equity of 28.05% and a net margin of 7.07%. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the previous year, the firm posted $0.48 EPS. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. Equities research analysts anticipate that American Eagle Outfitters, Inc. will post 1.26 earnings per share for the current year.

American Eagle Outfitters Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 22nd. Stockholders of record on Friday, July 8th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Thursday, July 7th. This represents a $0.72 annualized dividend and a dividend yield of 6.01%. American Eagle Outfitters’s payout ratio is 41.62%.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. UBS Group lowered their price target on shares of American Eagle Outfitters from $23.00 to $17.00 and set a “buy” rating on the stock in a report on Friday, July 15th. Barclays reduced their price objective on shares of American Eagle Outfitters from $19.00 to $13.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 31st. BMO Capital Markets reduced their price objective on shares of American Eagle Outfitters from $23.00 to $15.00 in a research note on Friday, May 27th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of American Eagle Outfitters from $30.00 to $15.00 in a research note on Friday, May 27th. Finally, Telsey Advisory Group reduced their price objective on shares of American Eagle Outfitters from $25.00 to $17.00 and set a “market perform” rating for the company in a research note on Friday, May 27th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $18.31.

Insider Transactions at American Eagle Outfitters

In other American Eagle Outfitters news, Director Noel Joseph Spiegel bought 10,000 shares of the stock in a transaction that occurred on Thursday, June 16th. The shares were acquired at an average price of $11.65 per share, with a total value of $116,500.00. Following the completion of the purchase, the director now directly owns 30,000 shares in the company, valued at approximately $349,500. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last 90 days, insiders have purchased 31,932 shares of company stock worth $379,435. 8.20% of the stock is currently owned by company insiders.

American Eagle Outfitters Company Profile

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American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle and Aerie brands. The company provides jeans, and specialty apparel and accessories for women and men; and intimates, apparel, activewear, and swim collections, as well as personal care products for women.

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

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