American Eagle Outfitters, Inc. $AEO Stock Holdings Increased by Diversified Trust Co

Diversified Trust Co increased its holdings in American Eagle Outfitters, Inc. (NYSE:AEO) by 61.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,063 shares of the apparel retailer’s stock after purchasing an additional 12,594 shares during the quarter. Diversified Trust Co’s holdings in American Eagle Outfitters were worth $318,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. NFJ Investment Group LLC raised its holdings in shares of American Eagle Outfitters by 0.7% during the first quarter. NFJ Investment Group LLC now owns 119,074 shares of the apparel retailer’s stock valued at $1,384,000 after acquiring an additional 845 shares during the period. Asset Management One Co. Ltd. raised its holdings in shares of American Eagle Outfitters by 38.7% during the first quarter. Asset Management One Co. Ltd. now owns 4,173 shares of the apparel retailer’s stock valued at $48,000 after acquiring an additional 1,165 shares during the period. Empowered Funds LLC raised its holdings in shares of American Eagle Outfitters by 9.6% during the first quarter. Empowered Funds LLC now owns 15,937 shares of the apparel retailer’s stock valued at $185,000 after acquiring an additional 1,398 shares during the period. GAMMA Investing LLC raised its holdings in shares of American Eagle Outfitters by 380.4% during the first quarter. GAMMA Investing LLC now owns 2,325 shares of the apparel retailer’s stock valued at $27,000 after acquiring an additional 1,841 shares during the period. Finally, Signet Financial Management LLC raised its holdings in shares of American Eagle Outfitters by 21.1% during the first quarter. Signet Financial Management LLC now owns 15,623 shares of the apparel retailer’s stock valued at $182,000 after acquiring an additional 2,720 shares during the period. 97.33% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Janice E. Page sold 26,869 shares of the stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $18.04, for a total value of $484,716.76. Following the transaction, the director directly owned 90,383 shares of the company’s stock, valued at $1,630,509.32. This represents a 22.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jennifer M. Foyle sold 54,950 shares of the firm’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $18.14, for a total transaction of $996,793.00. Following the transaction, the insider directly owned 221,107 shares in the company, valued at approximately $4,010,880.98. This represents a 19.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 135,821 shares of company stock valued at $2,465,436. 8.70% of the stock is currently owned by insiders.

American Eagle Outfitters Stock Down 0.2%

Shares of NYSE:AEO opened at $17.93 on Thursday. American Eagle Outfitters, Inc. has a 52 week low of $9.27 and a 52 week high of $22.63. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.71 and a current ratio of 1.62. The company has a market capitalization of $3.04 billion, a PE ratio of 17.24 and a beta of 1.45. The company has a 50 day moving average price of $14.16 and a two-hundred day moving average price of $11.97.

American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data on Wednesday, September 3rd. The apparel retailer reported $0.45 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the prior year, the firm earned $0.39 earnings per share. The firm’s revenue was down .6% compared to the same quarter last year. Analysts forecast that American Eagle Outfitters, Inc. will post 1.7 earnings per share for the current year.

American Eagle Outfitters Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 29th. Shareholders of record on Friday, October 10th will be paid a $0.125 dividend. The ex-dividend date is Friday, October 10th. This represents a $0.50 dividend on an annualized basis and a yield of 2.8%. American Eagle Outfitters’s dividend payout ratio (DPR) is currently 48.08%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley boosted their price target on shares of American Eagle Outfitters from $10.00 to $17.00 and gave the company an “equal weight” rating in a report on Thursday, September 18th. Bank of America restated an “underperform” rating and set a $10.00 price target (down previously from $11.00) on shares of American Eagle Outfitters in a report on Monday, August 25th. Wall Street Zen raised shares of American Eagle Outfitters from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Telsey Advisory Group boosted their target price on shares of American Eagle Outfitters from $12.00 to $18.00 and gave the stock a “market perform” rating in a research report on Thursday, September 4th. Finally, Jefferies Financial Group raised their target price on shares of American Eagle Outfitters from $11.00 to $17.00 and gave the company a “hold” rating in a research note on Thursday, September 4th. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $14.72.

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.