American Eagle Outfitters (NYSE:AEO) was the recipient of some unusual options trading activity on Monday. Investors bought 9,472 put options on the company. This is an increase of 1,312% compared to the average volume of 671 put options.

Several institutional investors have recently modified their holdings of AEO. Victory Capital Management Inc. lifted its stake in shares of American Eagle Outfitters by 6,294.3% in the fourth quarter. Victory Capital Management Inc. now owns 2,211,964 shares of the apparel retailer’s stock worth $41,585,000 after buying an additional 2,177,371 shares during the last quarter. Senvest Management LLC acquired a new position in American Eagle Outfitters during the 3rd quarter valued at $22,737,000. Ameriprise Financial Inc. raised its stake in American Eagle Outfitters by 205.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,280,569 shares of the apparel retailer’s stock valued at $32,611,000 after purchasing an additional 1,534,344 shares during the last quarter. Majedie Asset Management Ltd acquired a new position in American Eagle Outfitters during the 3rd quarter valued at $18,202,000. Finally, Hamlin Capital Management LLC raised its stake in American Eagle Outfitters by 16.4% during the 3rd quarter. Hamlin Capital Management LLC now owns 6,677,523 shares of the apparel retailer’s stock valued at $95,489,000 after purchasing an additional 940,045 shares during the last quarter. Institutional investors and hedge funds own 83.21% of the company’s stock.

AEO has been the topic of a number of research analyst reports. SunTrust Banks reaffirmed a “buy” rating and set a $21.00 price objective on shares of American Eagle Outfitters in a research report on Tuesday, January 9th. Cowen set a $20.00 target price on shares of American Eagle Outfitters and gave the company a “buy” rating in a research note on Thursday, January 18th. Telsey Advisory Group lifted their target price on shares of American Eagle Outfitters from $19.00 to $22.00 and gave the company an “outperform” rating in a research note on Tuesday, January 2nd. Zacks Investment Research upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research note on Thursday, November 9th. Finally, BMO Capital Markets set a $21.00 target price on shares of American Eagle Outfitters and gave the company a “buy” rating in a research note on Tuesday, December 19th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $15.79.

Shares of American Eagle Outfitters (NYSE:AEO) traded up $0.62 during trading on Wednesday, hitting $18.27. 2,734,175 shares of the stock were exchanged, compared to its average volume of 3,916,375. American Eagle Outfitters has a twelve month low of $10.23 and a twelve month high of $19.48. The firm has a market capitalization of $3,085.16, a PE ratio of 19.56, a price-to-earnings-growth ratio of 2.33 and a beta of 1.14.

American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data on Wednesday, December 6th. The apparel retailer reported $0.37 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.02). American Eagle Outfitters had a return on equity of 17.42% and a net margin of 4.50%. The firm had revenue of $960.00 million during the quarter, compared to analyst estimates of $960.86 million. During the same quarter in the previous year, the firm posted $0.41 earnings per share. American Eagle Outfitters’s quarterly revenue was up 2.1% compared to the same quarter last year. equities research analysts anticipate that American Eagle Outfitters will post 1.16 EPS for the current fiscal year.

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American Eagle Outfitters Company 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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