ING Groep NV bought a new stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,237 shares of the apparel retailer’s stock, valued at approximately $244,000.

Several other large investors also recently made changes to their positions in the stock. Adams Asset Advisors LLC bought a new stake in shares of American Eagle Outfitters during the first quarter valued at approximately $3,786,000. Nationwide Fund Advisors increased its stake in shares of American Eagle Outfitters by 1.0% in the first quarter. Nationwide Fund Advisors now owns 393,026 shares of the apparel retailer’s stock valued at $5,514,000 after buying an additional 3,841 shares in the last quarter. Dalton Greiner Hartman Maher & Co. increased its stake in shares of American Eagle Outfitters by 27.8% in the first quarter. Dalton Greiner Hartman Maher & Co. now owns 1,710,157 shares of the apparel retailer’s stock valued at $23,994,000 after buying an additional 371,527 shares in the last quarter. West Coast Financial LLC bought a new stake in shares of American Eagle Outfitters during the first quarter valued at approximately $3,432,000. Finally, Mackay Shields LLC bought a new stake in shares of American Eagle Outfitters during the first quarter valued at approximately $21,097,000. 90.53% of the stock is owned by institutional investors and hedge funds.

Shares of American Eagle Outfitters, Inc. (AEO) traded up 0.09% on Friday, hitting $11.22. The stock had a trading volume of 3,128,364 shares. The firm’s 50 day moving average is $11.76 and its 200-day moving average is $13.15. The stock has a market capitalization of $1.99 billion, a PE ratio of 10.38 and a beta of 1.09. American Eagle Outfitters, Inc. has a one year low of $10.56 and a one year high of $19.55.

American Eagle Outfitters (NYSE:AEO) last released its earnings results on Wednesday, May 17th. The apparel retailer reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by $0.01. The company had revenue of $761.80 million during the quarter, compared to analyst estimates of $741.76 million. American Eagle Outfitters had a net margin of 5.44% and a return on equity of 18.95%. American Eagle Outfitters’s revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.22 EPS. Equities research analysts expect that American Eagle Outfitters, Inc. will post $1.09 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, July 21st. Investors of record on Friday, July 7th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.46%. The ex-dividend date of this dividend was Wednesday, July 5th. American Eagle Outfitters’s dividend payout ratio is currently 46.30%.

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Several equities research analysts have recently commented on the company. Jefferies Group LLC set a $19.00 target price on American Eagle Outfitters and gave the company a “buy” rating in a report on Wednesday, May 10th. Wolfe Research downgraded American Eagle Outfitters from a “peer perform” rating to an “underperform” rating in a report on Tuesday, May 9th. Deutsche Bank AG reaffirmed a “buy” rating and set a $20.00 target price on shares of American Eagle Outfitters in a report on Monday, April 24th. Vetr downgraded American Eagle Outfitters from a “strong-buy” rating to a “buy” rating and set a $15.00 price objective for the company. in a research note on Thursday, April 20th. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $17.00 price objective on shares of American Eagle Outfitters in a research note on Friday, May 12th. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have given a buy rating to the stock. American Eagle Outfitters presently has an average rating of “Hold” and a consensus price target of $15.40.

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

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