American Eagle Outfitters, Inc. (AEO) Stake Raised by Paradigm Capital Management Inc. NY

Paradigm Capital Management Inc. NY lifted its position in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 3.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 236,300 shares of the apparel retailer’s stock after purchasing an additional 7,300 shares during the period. Paradigm Capital Management Inc. NY owned about 0.13% of American Eagle Outfitters worth $3,379,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in AEO. Thrivent Financial For Lutherans lifted its position in shares of American Eagle Outfitters by 10.6% during the 1st quarter. Thrivent Financial For Lutherans now owns 32,350 shares of the apparel retailer’s stock worth $454,000 after purchasing an additional 3,110 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of American Eagle Outfitters by 2.0% during the 1st quarter. HighTower Advisors LLC now owns 14,893 shares of the apparel retailer’s stock worth $210,000 after purchasing an additional 290 shares during the last quarter. Teachers Retirement System of The State of Kentucky purchased a new stake in shares of American Eagle Outfitters during the 1st quarter worth $502,000. OLD National Bancorp IN lifted its position in shares of American Eagle Outfitters by 23.6% during the 2nd quarter. OLD National Bancorp IN now owns 19,529 shares of the apparel retailer’s stock worth $235,000 after purchasing an additional 3,727 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its position in shares of American Eagle Outfitters by 4.3% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 63,158 shares of the apparel retailer’s stock worth $761,000 after purchasing an additional 2,583 shares during the last quarter. 83.47% of the stock is owned by institutional investors and hedge funds.

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AEO has been the subject of several recent analyst reports. FBR & Co reaffirmed a “buy” rating and set a $15.00 price objective (up from $13.00) on shares of American Eagle Outfitters in a research report on Tuesday, September 5th. Jefferies Group LLC set a $18.00 price objective on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research report on Sunday, September 10th. Zacks Investment Research raised shares of American Eagle Outfitters from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $14.00 price objective on shares of American Eagle Outfitters in a research report on Monday, July 24th. Finally, Cowen and Company reissued an “outperform” rating and issued a $16.00 price target (up from $14.00) on shares of American Eagle Outfitters in a research report on Monday, October 2nd. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the company. American Eagle Outfitters presently has a consensus rating of “Hold” and a consensus price target of $14.57.

Shares of American Eagle Outfitters, Inc. (NYSE:AEO) traded up $0.59 during trading on Monday, hitting $13.98. 4,832,700 shares of the stock were exchanged, compared to its average volume of 4,474,900. American Eagle Outfitters, Inc. has a twelve month low of $10.23 and a twelve month high of $19.00. The firm has a market capitalization of $2,475.15, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 1.41 and a beta of 1.10.

American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings results on Wednesday, August 23rd. The apparel retailer reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. American Eagle Outfitters had a net margin of 4.85% and a return on equity of 18.25%. The business had revenue of $845.00 million for the quarter, compared to analyst estimates of $823.84 million. During the same period in the previous year, the business posted $0.23 earnings per share. The business’s revenue was up 2.7% compared to the same quarter last year. analysts expect that American Eagle Outfitters, Inc. will post 1.13 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, October 20th. Stockholders of record on Friday, October 6th were paid a dividend of $0.125 per share. The ex-dividend date was Thursday, October 5th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.58%. American Eagle Outfitters’s dividend payout ratio (DPR) is 51.55%.

In related news, insider Jennifer M. Foyle sold 13,500 shares of the business’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $14.22, for a total transaction of $191,970.00. Following the sale, the insider now owns 27,531 shares of the company’s stock, valued at $391,490.82. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.90% of the stock is currently owned by insiders.

American Eagle Outfitters Company Profile

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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Institutional Ownership by Quarter for American Eagle Outfitters (NYSE:AEO)

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