American Eagle Outfitters, Inc. (AEO) Shares Bought by Scout Investments Inc.

Scout Investments Inc. boosted its stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 5.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,059,574 shares of the apparel retailer’s stock after buying an additional 57,927 shares during the period. Scout Investments Inc. owned approximately 598,460.32% of American Eagle Outfitters worth $15,152,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in AEO. Principal Financial Group Inc. raised its holdings in shares of American Eagle Outfitters by 0.8% in the third quarter. Principal Financial Group Inc. now owns 710,328 shares of the apparel retailer’s stock valued at $10,158,000 after purchasing an additional 5,802 shares during the last quarter. West Coast Financial LLC raised its holdings in shares of American Eagle Outfitters by 2.7% in the third quarter. West Coast Financial LLC now owns 416,732 shares of the apparel retailer’s stock valued at $5,959,000 after purchasing an additional 10,812 shares during the last quarter. Teton Advisors Inc. raised its holdings in shares of American Eagle Outfitters by 11.0% in the third quarter. Teton Advisors Inc. now owns 93,700 shares of the apparel retailer’s stock valued at $1,340,000 after purchasing an additional 9,300 shares during the last quarter. Stevens Capital Management LP acquired a new stake in shares of American Eagle Outfitters in the third quarter valued at approximately $831,000. Finally, Bridge City Capital LLC raised its holdings in shares of American Eagle Outfitters by 8.7% in the third quarter. Bridge City Capital LLC now owns 95,377 shares of the apparel retailer’s stock valued at $1,364,000 after purchasing an additional 7,614 shares during the last quarter. Hedge funds and other institutional investors own 84.12% of the company’s stock.

In other American Eagle Outfitters news, insider Jennifer M. Foyle sold 13,500 shares of the stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of $14.22, for a total transaction of $191,970.00. Following the transaction, the insider now directly owns 27,531 shares in the company, valued at approximately $391,490.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.80% of the stock is currently owned by corporate insiders.

A number of analysts have recently issued reports on AEO shares. BMO Capital Markets reiterated a “buy” rating and issued a $15.00 price objective on shares of American Eagle Outfitters in a report on Wednesday, September 13th. Cowen and Company set a $14.00 target price on shares of American Eagle Outfitters and gave the company a “buy” rating in a research note on Wednesday, August 23rd. SunTrust Banks, Inc. set a $15.00 target price on shares of American Eagle Outfitters and gave the company a “buy” rating in a research note on Thursday, August 24th. FBR & Co reissued a “buy” rating and issued a $15.00 target price (up from $13.00) on shares of American Eagle Outfitters in a research note on Tuesday, September 5th. Finally, ValuEngine cut shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the stock. American Eagle Outfitters presently has a consensus rating of “Hold” and an average price target of $14.57.

Shares of American Eagle Outfitters, Inc. (NYSE AEO) opened at $13.98 on Friday. American Eagle Outfitters, Inc. has a twelve month low of $10.23 and a twelve month high of $19.00. The company has a market capitalization of $2,369.80, a P/E ratio of 11.64, a P/E/G ratio of 1.35 and a beta of 1.10.

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

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

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

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