Strs Ohio raised its holdings in shares of American Eagle Outfitters (NYSE:AEO) by 142.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,900 shares of the apparel retailer’s stock after buying an additional 7,000 shares during the period. Strs Ohio’s holdings in American Eagle Outfitters were worth $223,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of AEO. Sterling Capital Management LLC bought a new position in shares of American Eagle Outfitters during the second quarter valued at approximately $128,000. Shelton Capital Management bought a new position in American Eagle Outfitters in the second quarter worth approximately $154,000. Cubist Systematic Strategies LLC bought a new position in American Eagle Outfitters in the third quarter worth approximately $160,000. Lbmc Investment Advisors LLC bought a new position in American Eagle Outfitters in the third quarter worth approximately $182,000. Finally, Symons Capital Management Inc. bought a new position in American Eagle Outfitters in the third quarter worth approximately $214,000. Institutional investors and hedge funds own 84.59% of the company’s stock.
Several analysts have recently commented on AEO shares. SunTrust Banks restated a “buy” rating and set a $21.00 price objective on shares of American Eagle Outfitters in a research report on Tuesday, January 9th. Cowen set a $20.00 price objective on shares of American Eagle Outfitters and gave the company a “buy” rating in a research report on Thursday, January 18th. Telsey Advisory Group lifted their price target on shares of American Eagle Outfitters from $19.00 to $22.00 and gave the company an “outperform” rating in a report on Tuesday, January 2nd. Zacks Investment Research raised shares of American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research note on Thursday, November 9th. Finally, BMO Capital Markets set a $21.00 price objective on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Tuesday, December 19th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $15.79.
American Eagle Outfitters (NYSE AEO) traded up $0.36 during trading hours on Tuesday, reaching $18.80. 2,149,338 shares of the company’s stock traded hands, compared to its average volume of 3,783,960. The stock has a market cap of $3,260.00, a P/E ratio of 20.22, a PEG ratio of 2.47 and a beta of 1.14. American Eagle Outfitters has a 12 month low of $10.23 and a 12 month high of $19.48.
American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings data on Wednesday, December 6th. The apparel retailer reported $0.37 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.02). The business had revenue of $960.00 million during the quarter, compared to analysts’ expectations of $960.86 million. American Eagle Outfitters had a net margin of 4.50% and a return on equity of 17.42%. The firm’s revenue was up 2.1% on a year-over-year basis. During the same period last year, the company earned $0.41 earnings per share. analysts predict that American Eagle Outfitters will post 1.16 EPS for the current year.
About American Eagle Outfitters
American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand. AEO Inc operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom.
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