American Eagle Outfitters, Inc. $AEO Shares Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC raised its stake in American Eagle Outfitters, Inc. (NYSE:AEO) by 382.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,233 shares of the apparel retailer’s stock after acquiring an additional 35,057 shares during the period. Nisa Investment Advisors LLC’s holdings in American Eagle Outfitters were worth $426,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. State of New Jersey Common Pension Fund D boosted its position in shares of American Eagle Outfitters by 24.7% during the second quarter. State of New Jersey Common Pension Fund D now owns 173,589 shares of the apparel retailer’s stock worth $1,670,000 after buying an additional 34,416 shares during the period. Asset Management One Co. Ltd. lifted its position in American Eagle Outfitters by 43.3% in the second quarter. Asset Management One Co. Ltd. now owns 5,978 shares of the apparel retailer’s stock worth $58,000 after purchasing an additional 1,805 shares during the period. DekaBank Deutsche Girozentrale raised its position in American Eagle Outfitters by 220.5% in the second quarter. DekaBank Deutsche Girozentrale now owns 5,843 shares of the apparel retailer’s stock worth $58,000 after acquiring an additional 4,020 shares in the last quarter. Uhlmann Price Securities LLC raised its position in American Eagle Outfitters by 22.3% in the second quarter. Uhlmann Price Securities LLC now owns 42,251 shares of the apparel retailer’s stock worth $406,000 after acquiring an additional 7,701 shares in the last quarter. Finally, Easterly Investment Partners LLC raised its position in American Eagle Outfitters by 179.1% in the second quarter. Easterly Investment Partners LLC now owns 232,943 shares of the apparel retailer’s stock worth $2,241,000 after acquiring an additional 149,477 shares in the last quarter. 97.33% of the stock is currently owned by institutional investors and hedge funds.

American Eagle Outfitters Trading Up 1.1%

Shares of NYSE:AEO opened at $16.72 on Monday. American Eagle Outfitters, Inc. has a 52-week low of $9.27 and a 52-week high of $20.55. The company has a market cap of $2.83 billion, a P/E ratio of 16.07 and a beta of 1.60. The stock’s 50-day moving average is $16.49 and its 200-day moving average is $12.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.71 and a current ratio of 1.62.

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

American Eagle Outfitters Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 29th. Shareholders of record on Friday, October 10th were paid a dividend of $0.125 per share. The ex-dividend date was Friday, October 10th. This represents a $0.50 dividend on an annualized basis and a yield of 3.0%. American Eagle Outfitters’s dividend payout ratio (DPR) is currently 48.08%.

Insider Buying and Selling

In other news, insider Jennifer M. Foyle sold 54,950 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $18.14, for a total transaction of $996,793.00. Following the sale, the insider 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David M. Sable sold 5,000 shares of the stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $19.22, for a total value of $96,100.00. Following the sale, the director owned 48,640 shares in the company, valued at $934,860.80. The trade was a 9.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 138,766 shares of company stock valued at $2,515,354 in the last ninety days. 8.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Telsey Advisory Group increased their price objective on American Eagle Outfitters from $12.00 to $18.00 and gave the company a “market perform” rating in a research report on Thursday, September 4th. UBS Group boosted their target price on shares of American Eagle Outfitters from $19.00 to $21.50 and gave the company a “buy” rating in a research note on Thursday, September 4th. Morgan Stanley boosted their target price on shares of American Eagle Outfitters from $10.00 to $17.00 and gave the company an “equal weight” rating in a research note on Thursday, September 18th. 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. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a $9.00 target price on shares of American Eagle Outfitters in a research report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, American Eagle Outfitters presently has a consensus rating of “Hold” and a consensus 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.