Botty Investors LLC increased its stake in American Eagle Outfitters, Inc. (NYSE:AEO) by 33.1% during the second quarter, Holdings Channel reports. The institutional investor owned 36,970 shares of the apparel retailer’s stock after buying an additional 9,195 shares during the period. Botty Investors LLC’s holdings in American Eagle Outfitters were worth $445,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AEO. Glen Harbor Capital Management LLC boosted its stake in shares of American Eagle Outfitters by 2.2% in the first quarter. Glen Harbor Capital Management LLC now owns 7,238 shares of the apparel retailer’s stock valued at $102,000 after buying an additional 154 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of American Eagle Outfitters by 58.4% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,804 shares of the apparel retailer’s stock valued at $109,000 after buying an additional 2,877 shares in the last quarter. Ronald Blue & Co. LLC boosted its stake in shares of American Eagle Outfitters by 3.1% in the second quarter. Ronald Blue & Co. LLC now owns 10,476 shares of the apparel retailer’s stock valued at $126,000 after buying an additional 311 shares in the last quarter. Elkfork Partners LLC boosted its stake in shares of American Eagle Outfitters by 2.2% in the first quarter. Elkfork Partners LLC now owns 9,212 shares of the apparel retailer’s stock valued at $129,000 after buying an additional 196 shares in the last quarter. Finally, FNY Managed Accounts LLC bought a new stake in shares of American Eagle Outfitters during the first quarter valued at about $147,000. Institutional investors own 89.03% of the company’s stock.

Shares of American Eagle Outfitters, Inc. (AEO) opened at 10.92 on Wednesday. American Eagle Outfitters, Inc. has a one year low of $10.56 and a one year high of $19.12. The company has a market capitalization of $1.93 billion, a P/E ratio of 10.10 and a beta of 1.09. The firm has a 50-day moving average of $11.72 and a 200-day moving average of $13.06.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Wednesday, May 17th. The apparel retailer reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.01. The company had revenue of $761.80 million for the quarter, compared to analysts’ expectations of $741.76 million. American Eagle Outfitters had a net margin of 5.44% and a return on equity of 18.95%. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.22 earnings per share. Analysts forecast that American Eagle Outfitters, Inc. will post $1.09 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 21st. Shareholders of record on Friday, July 7th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 4.58%. The ex-dividend date of this dividend was Wednesday, July 5th. American Eagle Outfitters’s payout ratio is 46.30%.

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Several equities research analysts recently issued reports on AEO shares. Royal Bank Of Canada restated a “buy” rating and issued a $17.00 target price on shares of American Eagle Outfitters in a report on Friday, May 12th. Jefferies Group LLC set a $19.00 target price on shares of American Eagle Outfitters and gave the stock a “buy” rating in a report on Wednesday, May 10th. Deutsche Bank AG restated a “buy” rating and issued a $20.00 target price on shares of American Eagle Outfitters in a report on Monday, April 24th. Vetr cut shares of American Eagle Outfitters from a “strong-buy” rating to a “buy” rating and set a $15.00 target price on the stock. in a report on Thursday, April 20th. Finally, SunTrust Banks, Inc. reiterated a “buy” rating and set a $15.00 price target (down previously from $19.00) on shares of American Eagle Outfitters in a research note on Friday, May 19th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the stock. American Eagle Outfitters currently 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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