Bridge City Capital LLC Boosts Holdings in American Eagle Outfitters (NYSE:AEO)

Bridge City Capital LLC raised its holdings in shares of American Eagle Outfitters (NYSE:AEO) by 27.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 95,147 shares of the apparel retailer’s stock after purchasing an additional 20,278 shares during the period. Bridge City Capital LLC’s holdings in American Eagle Outfitters were worth $1,543,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of AEO. Advisory Services Network LLC purchased a new stake in shares of American Eagle Outfitters during the first quarter worth about $30,000. NEXT Financial Group Inc grew its holdings in shares of American Eagle Outfitters by 40.6% during the second quarter. NEXT Financial Group Inc now owns 2,426 shares of the apparel retailer’s stock worth $41,000 after buying an additional 700 shares in the last quarter. Valeo Financial Advisors LLC grew its holdings in shares of American Eagle Outfitters by 693.1% during the second quarter. Valeo Financial Advisors LLC now owns 3,680 shares of the apparel retailer’s stock worth $62,000 after buying an additional 3,216 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of American Eagle Outfitters by 232.5% during the second quarter. Tower Research Capital LLC TRC now owns 5,203 shares of the apparel retailer’s stock worth $88,000 after buying an additional 3,638 shares in the last quarter. Finally, FNY Investment Advisers LLC grew its holdings in shares of American Eagle Outfitters by 133.3% during the second quarter. FNY Investment Advisers LLC now owns 7,000 shares of the apparel retailer’s stock worth $118,000 after buying an additional 4,000 shares in the last quarter. Hedge funds and other institutional investors own 92.77% of the company’s stock.

A number of brokerages have recently commented on AEO. DA Davidson began coverage on shares of American Eagle Outfitters in a report on Tuesday, September 17th. They set a “buy” rating and a $21.00 price target for the company. Loop Capital decreased their target price on shares of American Eagle Outfitters to $20.00 and set a “buy” rating on the stock in a research report on Thursday, September 5th. ValuEngine raised shares of American Eagle Outfitters from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Jefferies Financial Group set a $22.00 target price on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research report on Wednesday, September 4th. Finally, Cowen raised their target price on shares of American Eagle Outfitters from $17.00 to $25.00 and gave the stock an “outperform” rating in a research report on Thursday, September 5th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $21.25.

Shares of AEO stock opened at $16.47 on Wednesday. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of 10.25, a price-to-earnings-growth ratio of 1.62 and a beta of 0.86. The company has a quick ratio of 0.64, a current ratio of 1.34 and a debt-to-equity ratio of 1.09. American Eagle Outfitters has a fifty-two week low of $13.66 and a fifty-two week high of $24.30. The firm’s 50 day moving average price is $15.87 and its two-hundred day moving average price is $18.01.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings results on Wednesday, September 4th. The apparel retailer reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1 billion. American Eagle Outfitters had a net margin of 6.40% and a return on equity of 21.47%. American Eagle Outfitters’s revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.34 earnings per share. On average, equities analysts forecast that American Eagle Outfitters will post 1.59 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 25th. Shareholders of record on Friday, October 11th will be given a dividend of $0.1375 per share. The ex-dividend date is Thursday, October 10th. This represents a $0.55 dividend on an annualized basis and a yield of 3.34%. American Eagle Outfitters’s dividend payout ratio (DPR) is 37.16%.

American Eagle Outfitters Profile

American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle and Aerie brands. The company also provides jeans, and other apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women.

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

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