American Eagle Outfitters, Inc. $AEO Shares Acquired by Sei Investments Co.

Sei Investments Co. grew its position in American Eagle Outfitters, Inc. (NYSE:AEO) by 60.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 364,092 shares of the apparel retailer’s stock after acquiring an additional 137,806 shares during the quarter. Sei Investments Co.’s holdings in American Eagle Outfitters were worth $6,080,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Quadrant Capital Group LLC increased its position in shares of American Eagle Outfitters by 31.8% during the fourth quarter. Quadrant Capital Group LLC now owns 1,852 shares of the apparel retailer’s stock worth $49,000 after purchasing an additional 447 shares in the last quarter. Los Angeles Capital Management LLC boosted its stake in American Eagle Outfitters by 2.1% during the 4th quarter. Los Angeles Capital Management LLC now owns 25,363 shares of the apparel retailer’s stock worth $669,000 after purchasing an additional 510 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of American Eagle Outfitters by 1.3% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,817 shares of the apparel retailer’s stock valued at $989,000 after buying an additional 731 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in American Eagle Outfitters by 3.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 24,847 shares of the apparel retailer’s stock worth $655,000 after acquiring an additional 734 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in American Eagle Outfitters by 75.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,176 shares of the apparel retailer’s stock valued at $57,000 after acquiring an additional 938 shares in the last quarter. 97.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. William Blair reissued a “buy” rating on shares of American Eagle Outfitters in a research note on Wednesday, July 15th. Bank of America lowered their price target on shares of American Eagle Outfitters from $20.00 to $16.00 and set an “underperform” rating on the stock in a research report on Friday, May 29th. UBS Group reissued a “buy” rating on shares of American Eagle Outfitters in a report on Wednesday, July 15th. Morgan Stanley reiterated an “equal weight” rating and issued a $18.00 target price on shares of American Eagle Outfitters in a report on Monday, July 6th. Finally, Telsey Advisory Group cut their price target on shares of American Eagle Outfitters from $25.00 to $20.00 and set a “market perform” rating for the company in a report on Friday, May 29th. Two investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, American Eagle Outfitters presently has an average rating of “Hold” and an average target price of $19.91.

Insider Buying and Selling

In related news, Director Noel Joseph Spiegel sold 2,892 shares of the stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $16.78, for a total transaction of $48,527.76. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director David M. Sable sold 5,779 shares of the firm’s stock in a transaction dated Friday, July 17th. The shares were sold at an average price of $17.23, for a total value of $99,572.17. Following the transaction, the director owned 53,481 shares of the company’s stock, valued at $921,477.63. This trade represents a 9.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 11,563 shares of company stock valued at $196,599. Corporate insiders own 8.95% of the company’s stock.

American Eagle Outfitters Stock Performance

NYSE:AEO opened at $17.85 on Tuesday. American Eagle Outfitters, Inc. has a fifty-two week low of $11.17 and a fifty-two week high of $28.46. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.53 and a current ratio of 1.55. The company has a 50 day moving average price of $17.25 and a 200 day moving average price of $19.06. The stock has a market capitalization of $2.99 billion, a P/E ratio of 11.02, a PEG ratio of 3.75 and a beta of 1.32.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings results on Thursday, May 28th. The apparel retailer reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. American Eagle Outfitters had a return on equity of 20.95% and a net margin of 5.01%.The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same period in the prior year, the firm earned ($0.29) earnings per share. The firm’s revenue was up 9.7% compared to the same quarter last year. Equities research analysts forecast that American Eagle Outfitters, Inc. will post 1.76 EPS for the current year.

American Eagle Outfitters Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Friday, July 10th. American Eagle Outfitters’s payout ratio is currently 30.86%.

American Eagle Outfitters Profile

American Eagle Outfitters, Inc (NYSE: AEO) is a leading American specialty retailer offering apparel, accessories and personal care products for men and women. The company’s flagship brand, American Eagle, focuses on casualwear including denim, tops, outerwear and accessories targeted primarily at teens and young adults. In addition to its core apparel lines, the company operates the Aerie brand of intimates, loungewear and swimwear, which has gained recognition for its body-positive marketing and inclusive sizing.

American Eagle Outfitters conducts business through a combination of over 900 brick-and-mortar stores in North America and Greater China, complemented by a growing e-commerce platform that serves customers around the globe.