Yousif Capital Management LLC Has $615,000 Stock Holdings in American Eagle Outfitters, Inc. $AEO

Yousif Capital Management LLC lessened its position in American Eagle Outfitters, Inc. (NYSE:AEO) by 6.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 63,969 shares of the apparel retailer’s stock after selling 4,762 shares during the period. Yousif Capital Management LLC’s holdings in American Eagle Outfitters were worth $615,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in shares of American Eagle Outfitters by 380.4% in the 1st quarter. GAMMA Investing LLC now owns 2,325 shares of the apparel retailer’s stock valued at $27,000 after purchasing an additional 1,841 shares in the last quarter. Asset Management One Co. Ltd. boosted its stake in shares of American Eagle Outfitters by 38.7% in the 1st quarter. Asset Management One Co. Ltd. now owns 4,173 shares of the apparel retailer’s stock valued at $48,000 after purchasing an additional 1,165 shares in the last quarter. AlphaQuest LLC boosted its stake in shares of American Eagle Outfitters by 654,400.0% in the 1st quarter. AlphaQuest LLC now owns 6,545 shares of the apparel retailer’s stock valued at $76,000 after purchasing an additional 6,544 shares in the last quarter. Diligent Investors LLC acquired a new stake in shares of American Eagle Outfitters in the 2nd quarter valued at $97,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of American Eagle Outfitters in the 1st quarter valued at $135,000. Institutional investors and hedge funds own 97.33% of the company’s stock.

American Eagle Outfitters Stock Performance

Shares of NYSE:AEO opened at $15.72 on Thursday. The stock has a market capitalization of $2.66 billion, a P/E ratio of 15.11 and a beta of 1.60. American Eagle Outfitters, Inc. has a 1-year low of $9.27 and a 1-year high of $20.55. The company has a current ratio of 1.62, a quick ratio of 0.71 and a debt-to-equity ratio of 0.13. The business has a 50-day moving average price of $15.92 and a two-hundred day moving average price of $12.56.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings data on Wednesday, September 3rd. The apparel retailer reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.25. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.23 billion. American Eagle Outfitters had a return on equity of 13.67% and a net margin of 3.74%.The company’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.39 EPS. Equities analysts predict that American Eagle Outfitters, Inc. will post 1.7 earnings per share for the current year.

American Eagle Outfitters Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 29th. Shareholders of record on Friday, October 10th will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Friday, October 10th. American Eagle Outfitters’s payout ratio is currently 48.08%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on AEO shares. Zacks Research upgraded shares of American Eagle Outfitters to a “hold” rating in a research note on Monday, August 11th. Morgan Stanley lifted their price target on 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 reaffirmed an “underperform” rating and issued a $10.00 price target (down from $11.00) on shares of American Eagle Outfitters in a report on Monday, August 25th. BTIG Research initiated coverage on American Eagle Outfitters in a report on Thursday, September 18th. They issued a “neutral” rating for the company. Finally, Barclays lifted their price target on American Eagle Outfitters from $9.00 to $14.00 and gave the company an “underweight” rating in a report on Thursday, September 4th. One analyst has rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, American Eagle Outfitters has a consensus rating of “Reduce” and an average price target of $14.72.

Insider Buying and Selling

In other news, Director David M. Sable sold 5,000 shares of the company’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $19.22, for a total value of $96,100.00. Following the completion of the sale, the director directly owned 48,640 shares of the company’s stock, valued at $934,860.80. This represents a 9.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Noel Joseph Spiegel sold 40,000 shares of the company’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $18.12, for a total value of $724,800.00. The disclosure for this sale can be found here. Insiders sold a total of 138,766 shares of company stock worth $2,515,354 over the last quarter. Insiders own 8.70% of the company’s stock.

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.