American Eagle Outfitters, Inc. (NYSE:AEO) Stock Position Increased by Diversified Trust Co

Diversified Trust Co increased its position in American Eagle Outfitters, Inc. (NYSE:AEO) by 8.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,952 shares of the apparel retailer’s stock after buying an additional 2,611 shares during the quarter. Diversified Trust Co’s holdings in American Eagle Outfitters were worth $678,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Parallel Advisors LLC lifted its holdings in American Eagle Outfitters by 299.7% in the 4th quarter. Parallel Advisors LLC now owns 1,207 shares of the apparel retailer’s stock valued at $26,000 after acquiring an additional 905 shares during the last quarter. UMB Bank n.a. acquired a new position in shares of American Eagle Outfitters in the 1st quarter worth approximately $27,000. Hexagon Capital Partners LLC raised its holdings in shares of American Eagle Outfitters by 6,980.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 1,416 shares of the apparel retailer’s stock worth $30,000 after purchasing an additional 1,396 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in American Eagle Outfitters during the fourth quarter valued at approximately $38,000. Finally, Nomura Asset Management Co. Ltd. lifted its stake in American Eagle Outfitters by 40.5% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 2,080 shares of the apparel retailer’s stock valued at $44,000 after purchasing an additional 600 shares during the last quarter. Institutional investors own 97.33% of the company’s stock.

American Eagle Outfitters Trading Down 2.7 %

NYSE AEO traded down $0.58 during trading on Wednesday, reaching $20.87. 390,780 shares of the company’s stock were exchanged, compared to its average volume of 4,601,172. The firm has a market capitalization of $4.10 billion, a PE ratio of 19.32, a P/E/G ratio of 1.01 and a beta of 1.51. American Eagle Outfitters, Inc. has a fifty-two week low of $14.39 and a fifty-two week high of $26.44. The company’s fifty day simple moving average is $20.65 and its 200-day simple moving average is $22.36.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings results on Wednesday, May 29th. The apparel retailer reported $0.34 EPS for the quarter, topping the consensus estimate of $0.28 by $0.06. The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.15 billion. American Eagle Outfitters had a net margin of 4.12% and a return on equity of 19.39%. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period last year, the company posted $0.17 earnings per share. Equities analysts forecast that American Eagle Outfitters, Inc. will post 1.75 EPS for the current fiscal year.

American Eagle Outfitters Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 26th. Stockholders of record on Friday, July 12th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.40%. The ex-dividend date of this dividend was Friday, July 12th. American Eagle Outfitters’s dividend payout ratio is currently 45.05%.

Insider Transactions at American Eagle Outfitters

In other American Eagle Outfitters news, Director Cary D. Mcmillan sold 2,577 shares of the business’s stock in a transaction dated Thursday, July 11th. The stock was sold at an average price of $20.93, for a total value of $53,936.61. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 7.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

AEO has been the topic of several research reports. Morgan Stanley dropped their price target on American Eagle Outfitters from $19.00 to $18.00 and set an “underweight” rating on the stock in a report on Thursday, May 30th. StockNews.com raised American Eagle Outfitters from a “hold” rating to a “buy” rating in a research report on Monday, May 27th. Barclays increased their price target on American Eagle Outfitters from $30.00 to $32.00 and gave the company an “overweight” rating in a research report on Monday, April 29th. Finally, Telsey Advisory Group restated a “market perform” rating and set a $25.00 price objective on shares of American Eagle Outfitters in a report on Thursday, May 30th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $25.00.

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.