American Eagle Outfitters, Inc. $AEO Shares Acquired by Uhlmann Price Securities LLC

Uhlmann Price Securities LLC lifted its stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 22.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,251 shares of the apparel retailer’s stock after purchasing an additional 7,701 shares during the period. Uhlmann Price Securities LLC’s holdings in American Eagle Outfitters were worth $406,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC raised its position in shares of American Eagle Outfitters by 319.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 44,570 shares of the apparel retailer’s stock worth $518,000 after purchasing an additional 33,938 shares during the period. Vaughan Nelson Investment Management L.P. raised its position in shares of American Eagle Outfitters by 41.7% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 2,307,326 shares of the apparel retailer’s stock worth $22,196,000 after purchasing an additional 678,536 shares during the period. GAMMA Investing LLC raised its position in shares of American Eagle Outfitters by 380.4% during the first quarter. GAMMA Investing LLC now owns 2,325 shares of the apparel retailer’s stock worth $27,000 after purchasing an additional 1,841 shares during the period. Janney Montgomery Scott LLC acquired a new stake in shares of American Eagle Outfitters during the first quarter worth $440,000. Finally, Asset Management One Co. Ltd. raised its position in shares of American Eagle Outfitters by 38.7% during the first quarter. Asset Management One Co. Ltd. now owns 4,173 shares of the apparel retailer’s stock worth $48,000 after purchasing an additional 1,165 shares during the period. 97.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AEO. Citigroup boosted their target price on American Eagle Outfitters from $11.00 to $15.00 and gave the stock a “neutral” rating in a research report on Thursday, September 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Eagle Outfitters in a research report on Wednesday, October 8th. Wall Street Zen raised American Eagle Outfitters from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $9.00 price target on shares of American Eagle Outfitters in a research report on Monday, July 28th. Finally, Zacks Research raised American Eagle Outfitters to a “hold” rating in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, American Eagle Outfitters currently has a consensus rating of “Reduce” and an average price target of $14.72.

Insider Transactions at American Eagle Outfitters

In other American Eagle Outfitters news, Director Janice E. Page sold 26,869 shares of the business’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $18.04, for a total value of $484,716.76. Following the transaction, the director owned 90,383 shares in the company, valued at $1,630,509.32. The trade was a 22.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Cary D. Mcmillan sold 9,002 shares of the business’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $18.11, for a total value of $163,026.22. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 138,766 shares of company stock valued at $2,515,354. Corporate insiders own 8.70% of the company’s stock.

American Eagle Outfitters Stock Performance

Shares of NYSE AEO opened at $14.95 on Monday. The business’s 50-day moving average price is $15.75 and its two-hundred day moving average price is $12.48. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.62 and a quick ratio of 0.71. American Eagle Outfitters, Inc. has a one year low of $9.27 and a one year high of $21.54. The company has a market capitalization of $2.53 billion, a P/E ratio of 14.38 and a beta of 1.60.

American Eagle Outfitters (NYSE:AEO) last issued its earnings results on Wednesday, September 3rd. The apparel retailer reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.25. American Eagle Outfitters had a return on equity of 13.67% and a net margin of 3.74%.The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the company posted $0.39 earnings per share. The business’s quarterly revenue was down .6% compared to the same quarter last year. Analysts anticipate that American Eagle Outfitters, Inc. will post 1.7 earnings per share for the current fiscal year.

American Eagle Outfitters Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 29th. Shareholders of record on Friday, October 10th will be paid a $0.125 dividend. The ex-dividend date is Friday, October 10th. This represents a $0.50 dividend on an annualized basis and a yield of 3.3%. American Eagle Outfitters’s payout ratio is 48.08%.

About American Eagle Outfitters

American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.