First Dallas Securities Inc. increased its position in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 26.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,010 shares of the apparel retailer’s stock after buying an additional 7,600 shares during the period. First Dallas Securities Inc.’s holdings in American Eagle Outfitters were worth $515,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AEO. Dimensional Fund Advisors LP boosted its holdings in shares of American Eagle Outfitters by 30.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 7,220,656 shares of the apparel retailer’s stock worth $87,008,000 after buying an additional 1,687,520 shares during the period. Hamlin Capital Management LLC boosted its holdings 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 buying an additional 1,456,748 shares during the period. Hodges Capital Management Inc. boosted its holdings in shares of American Eagle Outfitters by 87.1% during the 2nd quarter. Hodges Capital Management Inc. now owns 1,846,259 shares of the apparel retailer’s stock worth $22,247,000 after buying an additional 859,270 shares during the period. Dalton Greiner Hartman Maher & Co. boosted its holdings in shares of American Eagle Outfitters by 32.1% during the 2nd quarter. Dalton Greiner Hartman Maher & Co. now owns 2,259,340 shares of the apparel retailer’s stock worth $27,225,000 after buying an additional 549,183 shares during the period. Finally, Marshall Wace North America L.P. boosted its holdings in shares of American Eagle Outfitters by 807.2% during the 2nd quarter. Marshall Wace North America L.P. now owns 496,468 shares of the apparel retailer’s stock worth $5,958,000 after buying an additional 441,740 shares during the period. 83.47% of the stock is owned by institutional investors and hedge funds.

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In other American Eagle Outfitters news, insider Jennifer M. Foyle sold 13,500 shares of the stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $14.22, for a total transaction of $191,970.00. Following the sale, the insider now owns 27,531 shares of the company’s stock, valued at approximately $391,490.82. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 5.80% of the stock is owned by corporate insiders.

Several equities analysts recently commented on AEO shares. Royal Bank Of Canada reiterated a “buy” rating and set a $14.00 target price on shares of American Eagle Outfitters in a research note on Monday, July 24th. BidaskClub cut shares of American Eagle Outfitters from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Jefferies Group LLC set a $18.00 target price on shares of American Eagle Outfitters and gave the company a “buy” rating in a research note on Thursday, August 3rd. BMO Capital Markets set a $15.00 target price on shares of American Eagle Outfitters and gave the company a “buy” rating in a research note on Tuesday, August 8th. Finally, Deutsche Bank AG reiterated a “hold” rating and set a $12.00 target price (down from $13.00) on shares of American Eagle Outfitters in a research note on Friday, August 11th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company. American Eagle Outfitters currently has an average rating of “Hold” and a consensus price target of $14.57.

Shares of American Eagle Outfitters, Inc. (NYSE AEO) traded up $0.25 during trading hours on Thursday, reaching $13.87. 2,422,600 shares of the company’s stock were exchanged, compared to its average volume of 4,450,508. American Eagle Outfitters, Inc. has a 12-month low of $10.23 and a 12-month high of $19.00. The company has a market cap of $2,411.41, a price-to-earnings ratio of 11.84, a P/E/G ratio of 1.37 and a beta of 1.10.

American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data on Wednesday, August 23rd. The apparel retailer reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. American Eagle Outfitters had a net margin of 4.85% and a return on equity of 18.25%. The firm had revenue of $845.00 million for the quarter, compared to analyst estimates of $823.84 million. During the same quarter in the prior year, the firm earned $0.23 EPS. The company’s revenue was up 2.7% on a year-over-year basis. analysts predict that American Eagle Outfitters, Inc. will post 1.13 earnings per share for the current fiscal year.

The business also recently disclosed 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 yield of 3.60%. The ex-dividend date was Thursday, October 5th. American Eagle Outfitters’s dividend payout ratio is currently 51.55%.

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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