Atlantic Trust Group LLC Has $1.47 Million Holdings in American Eagle Outfitters, Inc. (AEO)

Atlantic Trust Group LLC grew its position in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 34.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 121,610 shares of the apparel retailer’s stock after purchasing an additional 31,355 shares during the period. Atlantic Trust Group LLC owned 0.07% of American Eagle Outfitters worth $1,465,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in AEO. BlackRock Inc. boosted its stake in shares of American Eagle Outfitters by 8,781.1% during the 1st quarter. BlackRock Inc. now owns 17,773,025 shares of the apparel retailer’s stock worth $249,355,000 after purchasing an additional 17,572,904 shares during the last quarter. RidgeWorth Capital Management LLC acquired a new stake in shares of American Eagle Outfitters during the 1st quarter worth about $29,610,000. Hamlin Capital Management LLC boosted its stake in shares of American Eagle Outfitters by 34.0% during the 2nd quarter. Hamlin Capital Management LLC now owns 5,737,478 shares of the apparel retailer’s stock worth $69,137,000 after purchasing an additional 1,456,748 shares during the last quarter. Schroder Investment Management Group acquired a new stake in shares of American Eagle Outfitters during the 1st quarter worth about $16,019,000. Finally, Mackay Shields LLC boosted its stake in shares of American Eagle Outfitters by 67.8% during the 2nd quarter. Mackay Shields LLC now owns 2,560,914 shares of the apparel retailer’s stock worth $30,859,000 after purchasing an additional 1,034,486 shares during the last quarter. 83.88% of the stock is currently owned by institutional investors.

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Shares of American Eagle Outfitters, Inc. (NYSE AEO) opened at 12.23 on Friday. American Eagle Outfitters, Inc. has a 1-year low of $10.23 and a 1-year high of $19.02. The stock’s 50 day moving average is $11.82 and its 200-day moving average is $12.71. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 12.56 and a beta of 1.07.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly 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. The business had revenue of $845 million during the quarter, compared to analysts’ expectations of $823.84 million. American Eagle Outfitters had a return on equity of 18.25% and a net margin of 4.85%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.23 EPS. On average, analysts anticipate that American Eagle Outfitters, Inc. will post $1.13 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Friday, October 6th will be paid a $0.125 dividend. The ex-dividend date is Thursday, October 5th. This represents a $0.50 annualized dividend and a dividend yield of 4.09%. American Eagle Outfitters’s payout ratio is 51.55%.

Several equities research analysts have issued reports on AEO shares. Deutsche Bank AG cut shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th. B. Riley reaffirmed a “neutral” rating and set a $12.50 price target on shares of American Eagle Outfitters in a research note on Thursday, May 18th. FBR & Co decreased their price target on shares of American Eagle Outfitters from $15.00 to $13.00 and set an “outperform” rating on the stock in a research note on Thursday, May 18th. Telsey Advisory Group decreased their price target on shares of American Eagle Outfitters from $19.00 to $16.00 and set an “outperform” rating on the stock in a research note on Thursday, May 18th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $14.00 price target (down from $17.00) on shares of American Eagle Outfitters in a research note on Thursday, May 18th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have given a buy rating to the stock. American Eagle Outfitters currently has an average rating of “Hold” and an average target price of $14.84.

American Eagle Outfitters 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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