TFO Wealth Partners LLC Has $245,000 Stake in American Eagle Outfitters, Inc. (NYSE:AEO)

TFO Wealth Partners LLC lifted its stake in shares of American Eagle Outfitters, Inc. (NYSE:AEOFree Report) by 1,156,600.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,567 shares of the apparel retailer’s stock after purchasing an additional 11,566 shares during the period. TFO Wealth Partners LLC’s holdings in American Eagle Outfitters were worth $245,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Victory Capital Management Inc. lifted its holdings in American Eagle Outfitters by 29.0% in the third quarter. Victory Capital Management Inc. now owns 53,402 shares of the apparel retailer’s stock valued at $887,000 after buying an additional 11,990 shares during the period. Arizona State Retirement System lifted its holdings in American Eagle Outfitters by 2.4% in the third quarter. Arizona State Retirement System now owns 53,409 shares of the apparel retailer’s stock valued at $887,000 after buying an additional 1,228 shares during the period. Swiss National Bank lifted its holdings in American Eagle Outfitters by 2.0% in the third quarter. Swiss National Bank now owns 412,400 shares of the apparel retailer’s stock valued at $6,850,000 after buying an additional 7,900 shares during the period. Landscape Capital Management L.L.C. acquired a new position in American Eagle Outfitters in the third quarter valued at approximately $12,592,000. Finally, Deutsche Bank AG lifted its holdings in American Eagle Outfitters by 15.3% in the third quarter. Deutsche Bank AG now owns 95,415 shares of the apparel retailer’s stock valued at $1,585,000 after buying an additional 12,630 shares during the period. 97.33% of the stock is currently owned by institutional investors and hedge funds.

American Eagle Outfitters Trading Down 1.2 %

American Eagle Outfitters stock opened at $21.97 on Monday. The company has a market cap of $4.32 billion, a P/E ratio of 19.79, a price-to-earnings-growth ratio of 1.01 and a beta of 1.60. American Eagle Outfitters, Inc. has a 1-year low of $10.05 and a 1-year high of $26.44. The company has a fifty day simple moving average of $23.86 and a 200 day simple moving average of $22.13.

American Eagle Outfitters (NYSE:AEOGet Free Report) last announced its quarterly earnings data on Wednesday, May 29th. The apparel retailer reported $0.34 EPS for the quarter, beating 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 company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter last year, the firm posted $0.17 EPS. The company’s quarterly revenue was up 5.8% on a year-over-year basis. On average, equities research analysts forecast that American Eagle Outfitters, Inc. will post 1.74 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Telsey Advisory Group restated a “market perform” rating and issued a $25.00 price objective on shares of American Eagle Outfitters in a report on Thursday. Morgan Stanley cut their target price on shares of American Eagle Outfitters from $19.00 to $18.00 and set an “underweight” rating on the stock in a report on Thursday. StockNews.com upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating in a report on Monday, May 27th. UBS Group increased their target price on shares of American Eagle Outfitters from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Monday, February 26th. Finally, JPMorgan Chase & Co. upgraded shares of American Eagle Outfitters from a “neutral” rating to an “overweight” rating and set a $31.00 target price on the stock in a report on Tuesday, April 9th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $25.00.

Get Our Latest Stock Analysis on American Eagle Outfitters

Insider Activity

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

About American Eagle Outfitters

(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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