American Eagle Outfitters, Inc. (AEO) Shares Bought by HighTower Advisors LLC

Xavier Trudeau
Августа 12, 2017

The average Wall Street analyst rating for American Eagle Outfitters, Inc.is Hold, according to the average of 15 analyst scores. Hamlin Capital Management LLC now owns 4,280,730 shares of the apparel retailer's stock worth $60,059,000 after buying an additional 2,949,165 shares during the last quarter. Jefferies Group LLC set a $18.00 price target on shares of American Eagle Outfitters and gave the company a "buy" rating in a report on Thursday, August 3rd.

A number of other institutional investors also recently made changes to their positions in the company. Glen Harbor Capital Management LLC boosted its stake in American Eagle Outfitters by 2.2% in the first quarter. Teachers Advisors LLC now owns 526,024 shares of the apparel retailer's stock valued at $7,980,000 after buying an additional 55,956 shares during the last quarter. Soros Fund Management LLC bought a new stake in American Eagle Outfitters during the first quarter worth about $556,000. Foundry Partners LLC now owns 85,686 shares of the apparel retailer's stock valued at $1,202,000 after buying an additional 226 shares during the last quarter. Parkwood LLC increased its stake in American Eagle Outfitters by 26.6% in the first quarter. BLB&B Advisors LLC boosted its stake in shares of American Eagle Outfitters by 4.4% in the first quarter. Finally, FBR & Co lowered their price objective on shares of American Eagle Outfitters from $15.00 to $13.00 and set an outperform rating on the stock in a research report on Thursday, May 18th. Hedge funds and other institutional investors own 90.53% of the company's stock.

American Eagle Outfitters, Inc. has a 12-month low of $10.56 and a 12-month high of $19.55. (NYSE:AEO) traded up 0.09% on Friday, hitting $11.22.

Equities research analysts forecast that American Eagle Outfitters, Inc. $17.19's average target is 53.35% above currents $11.21 stock price. The company has market cap of $1.98 billion.

American Eagle Outfitters (NYSE:AEO) last issued its earnings results on Wednesday, May 17th. The apparel retailer reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.17 by $0.01. The company had revenue of $761.80 million during the quarter, compared to the consensus estimate of $741.76 million. During the same period in the prior year, the firm posted $0.22 EPS. On average, equities analysts anticipate that American Eagle Outfitters, Inc. will post $1.09 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, July 21st. Shareholders of record on Friday, July 7th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 4.46%. More interesting news about American Eagle Outfitters (NYSE:AEO) were released by: Economictimes.Indiatimes.com and their article: "Aditya Birla Fashion in talks with American Eagle Outfitters, looking to sell ..." published on August 06, 2017 as well as Nasdaq.com's news article titled: "Zacks Industry Outlook Highlights: Amazon.com, JC Penney, Macy's, American ..." with publication date: July 12, 2017. American Eagle Outfitters's payout ratio is presently 46.30%.

American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. If you are reading this piece on another site, it was illegally stolen and reposted in violation of worldwide copyright and trademark law. Oppenheimer downgraded the shares of AEO in report on Monday, November 30 to "Perform" rating. Wolfe Research cut American Eagle Outfitters from a "peer perform" rating to an "underperform" rating in a research report on Tuesday, May 9th. Finally, BMO Capital Markets set a $15.00 price target on American Eagle Outfitters and gave the company a "buy" rating in a research note on Thursday, July 6th. Royal Bank Of Canada reiterated a "buy" rating and issued a $17.00 price target on shares of American Eagle Outfitters in a research note on Friday, May 12th. Deutsche Bank AG reiterated a "buy" rating and issued a $20.00 target price on shares of American Eagle Outfitters in a research note on Monday, April 24th. American Eagle Outfitters now has an average rating of "Hold" and a consensus price target of $15.73. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have given a buy rating to the company. The stock now has an average rating of "Hold" and an average target price of $15.73. 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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