Diligent Investors LLC cut its holdings in American Eagle Outfitters (NYSE:AEO) by 15.3% during the 4th quarter, Holdings Channel reports. The firm owned 11,080 shares of the apparel retailer’s stock after selling 2,000 shares during the period. Diligent Investors LLC’s holdings in American Eagle Outfitters were worth $214,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. AQR Capital Management LLC grew its holdings in American Eagle Outfitters by 452.9% during the 3rd quarter. AQR Capital Management LLC now owns 7,562,282 shares of the apparel retailer’s stock worth $187,772,000 after acquiring an additional 6,194,652 shares in the last quarter. Gilder Gagnon Howe & Co. LLC purchased a new position in American Eagle Outfitters during the third quarter valued at approximately $87,588,000. Vanguard Group Inc lifted its stake in shares of American Eagle Outfitters by 9.8% in the third quarter. Vanguard Group Inc now owns 17,117,791 shares of the apparel retailer’s stock worth $425,035,000 after buying an additional 1,521,279 shares during the last quarter. Vanguard Group Inc. increased its position in American Eagle Outfitters by 9.8% during the third quarter. Vanguard Group Inc. now owns 17,117,791 shares of the apparel retailer’s stock worth $425,035,000 after acquiring an additional 1,521,279 shares during the period. Finally, Renaissance Technologies LLC bought a new stake in shares of American Eagle Outfitters in the 2nd quarter worth about $25,154,000. 91.50% of the stock is currently owned by institutional investors.

In other American Eagle Outfitters news, EVP Andrew J. Mclean sold 14,984 shares of American Eagle Outfitters stock in a transaction on Friday, December 14th. The stock was sold at an average price of $18.26, for a total transaction of $273,607.84. Following the completion of the transaction, the executive vice president now owns 14,984 shares in the company, valued at $273,607.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 6.30% of the company’s stock.

Shares of NYSE AEO opened at $20.05 on Friday. American Eagle Outfitters has a 52 week low of $16.14 and a 52 week high of $29.88. The firm has a market capitalization of $3.51 billion, a P/E ratio of 17.28, a P/E/G ratio of 1.30 and a beta of 0.82.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings results on Tuesday, December 11th. The apparel retailer reported $0.48 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.48. The business had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.02 billion. American Eagle Outfitters had a return on equity of 21.28% and a net margin of 6.96%. American Eagle Outfitters’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.37 earnings per share. On average, analysts expect that American Eagle Outfitters will post 1.47 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 28th. Shareholders of record on Friday, December 14th were issued a $0.1375 dividend. This represents a $0.55 annualized dividend and a yield of 2.74%. The ex-dividend date of this dividend was Thursday, December 13th. American Eagle Outfitters’s dividend payout ratio (DPR) is currently 47.41%.

A number of research analysts recently commented on the company. Wedbush upgraded American Eagle Outfitters from a “neutral” rating to an “outperform” rating and set a $29.00 price target on the stock in a research report on Monday, October 15th. Citigroup upgraded American Eagle Outfitters from a “neutral” rating to a “buy” rating and set a $27.00 target price for the company in a research note on Friday, October 19th. ValuEngine lowered American Eagle Outfitters from a “buy” rating to a “hold” rating in a report on Friday, November 16th. Bank of America lowered American Eagle Outfitters from a “neutral” rating to an “underperform” rating and set a $18.00 price target for the company. in a report on Thursday, November 1st. Finally, Deutsche Bank downgraded American Eagle Outfitters from a “buy” rating to a “hold” rating in a research report on Sunday, December 2nd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $24.33.

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About American Eagle Outfitters

American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle Outfitters 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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