American Eagle Outfitters, Inc. (AEO) Holdings Reduced by American Century Companies Inc.

American Century Companies Inc. cut its position in American Eagle Outfitters, Inc. (NYSE:AEO) by 66.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 367,146 shares of the apparel retailer’s stock after selling 740,946 shares during the period. American Century Companies Inc. owned 0.21% of American Eagle Outfitters worth $5,250,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Engineers Gate Manager LP acquired a new position in American Eagle Outfitters in the second quarter valued at about $2,016,000. Russell Investments Group Ltd. boosted its position in American Eagle Outfitters by 84.6% in the second quarter. Russell Investments Group Ltd. now owns 138,705 shares of the apparel retailer’s stock valued at $1,671,000 after buying an additional 63,583 shares in the last quarter. Marshall Wace North America L.P. boosted its position in American Eagle Outfitters by 807.2% in the second quarter. Marshall Wace North America L.P. now owns 496,468 shares of the apparel retailer’s stock valued at $5,958,000 after buying an additional 441,740 shares in the last quarter. LSV Asset Management boosted its position in American Eagle Outfitters by 1.1% in the second quarter. LSV Asset Management now owns 7,339,955 shares of the apparel retailer’s stock valued at $88,446,000 after buying an additional 76,600 shares in the last quarter. Finally, Verity Asset Management Inc. boosted its position in American Eagle Outfitters by 237.8% in the second quarter. Verity Asset Management Inc. now owns 36,588 shares of the apparel retailer’s stock valued at $441,000 after buying an additional 25,756 shares in the last quarter. Hedge funds and other institutional investors own 81.59% of the company’s stock.

In related news, insider Jennifer M. Foyle sold 13,500 shares of the business’s stock in a transaction that occurred on Wednesday, September 27th. The shares were sold at an average price of $14.22, for a total transaction of $191,970.00. Following the completion of the sale, the insider now directly 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 is available at this link. Insiders own 5.80% of the company’s stock.

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Shares of American Eagle Outfitters, Inc. (NYSE:AEO) opened at $14.64 on Friday. The firm has a market cap of $2,592.00, a P/E ratio of 12.73, a P/E/G ratio of 1.48 and a beta of 1.10. American Eagle Outfitters, Inc. has a 12 month low of $10.23 and a 12 month high of $19.00.

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

AEO has been the topic of a number of recent analyst reports. Royal Bank Of Canada set a $14.00 price target on shares of American Eagle Outfitters and gave the company a “buy” rating in a research report on Tuesday, August 29th. BMO Capital Markets set a $15.00 target price on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Tuesday, August 8th. Jefferies Group LLC set a $18.00 target price on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Thursday, August 3rd. FBR & Co raised shares of American Eagle Outfitters from a “neutral” rating to a “buy” rating and set a $13.00 target price for the company in a research note on Tuesday, August 15th. Finally, SunTrust Banks, Inc. set a $15.00 target price on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Thursday, August 24th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $14.57.

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.

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

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