American Eagle Outfitters, Inc. (NYSE:AEO) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC reduced its position in American Eagle Outfitters, Inc. (NYSE:AEOFree Report) by 21.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 51,685 shares of the apparel retailer’s stock after selling 13,938 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in American Eagle Outfitters were worth $1,088,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of AEO. Hexagon Capital Partners LLC lifted its position in American Eagle Outfitters by 6,980.0% in the fourth quarter. Hexagon Capital Partners LLC now owns 1,416 shares of the apparel retailer’s stock valued at $30,000 after purchasing an additional 1,396 shares during the period. C M Bidwell & Associates Ltd. acquired a new stake in shares of American Eagle Outfitters in the 3rd quarter valued at approximately $38,000. DekaBank Deutsche Girozentrale acquired a new stake in shares of American Eagle Outfitters in the 4th quarter valued at approximately $38,000. Federated Hermes Inc. boosted its stake in shares of American Eagle Outfitters by 54.2% in the fourth quarter. Federated Hermes Inc. now owns 2,984 shares of the apparel retailer’s stock valued at $63,000 after buying an additional 1,049 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in American Eagle Outfitters during the fourth quarter worth $144,000. Hedge funds and other institutional investors own 97.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Citigroup increased their price target on shares of American Eagle Outfitters from $23.00 to $26.00 and gave the company a “neutral” rating in a report on Tuesday, February 27th. Morgan Stanley reduced their price target on shares of American Eagle Outfitters from $19.00 to $18.00 and set an “underweight” rating for the company in a research report on Thursday. JPMorgan Chase & Co. upgraded American Eagle Outfitters from a “neutral” rating to an “overweight” rating and set a $31.00 price target on the stock in a report on Tuesday, April 9th. StockNews.com raised American Eagle Outfitters from a “hold” rating to a “buy” rating in a research note on Monday, May 27th. Finally, UBS Group boosted their target price on American Eagle Outfitters from $27.00 to $29.00 and gave the stock a “buy” rating in a research report on Monday, February 26th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, American Eagle Outfitters currently has a consensus rating of “Hold” and a consensus price target of $25.00.

View Our Latest Stock Analysis on AEO

American Eagle Outfitters Price Performance

American Eagle Outfitters stock opened at $21.97 on Monday. The stock has a market capitalization of $4.32 billion, a P/E ratio of 19.79, a P/E/G ratio of 1.01 and a beta of 1.60. American Eagle Outfitters, Inc. has a 12-month low of $10.05 and a 12-month high of $26.44. The firm’s 50-day moving average is $23.86 and its two-hundred day moving average is $22.13.

American Eagle Outfitters (NYSE:AEOGet Free Report) last announced its earnings results on Wednesday, May 29th. The apparel retailer reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.06. American Eagle Outfitters had a net margin of 4.12% and a return on equity of 19.39%. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business earned $0.17 earnings per share. American Eagle Outfitters’s revenue was up 5.8% compared to the same quarter last year. As a group, analysts forecast that American Eagle Outfitters, Inc. will post 1.74 EPS for the current year.

Insider Activity at American Eagle Outfitters

In other American Eagle Outfitters news, CAO James H. Keefer, Jr. sold 7,000 shares of American Eagle Outfitters stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $25.82, for a total value of $180,740.00. Following the completion of the sale, the chief accounting officer now owns 17,266 shares in the company, valued at approximately $445,808.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other American Eagle Outfitters news, CAO James H. Keefer, Jr. sold 7,000 shares of the stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $25.82, for a total transaction of $180,740.00. Following the transaction, the chief accounting officer now owns 17,266 shares of the company’s stock, valued at $445,808.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Cary D. Mcmillan sold 1,908 shares of the business’s stock in a transaction on Friday, April 5th. The shares were sold at an average price of $24.59, for a total transaction of $46,917.72. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 52,319 shares of company stock worth $1,312,938. 7.30% of the stock is currently owned by insiders.

American Eagle Outfitters Profile

(Free Report)

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.

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

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