Cwm LLC Acquires 8,499 Shares of American Eagle Outfitters, Inc. (NYSE:AEO)

Cwm LLC raised its holdings in American Eagle Outfitters, Inc. (NYSE:AEO) by 319.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,162 shares of the apparel retailer’s stock after purchasing an additional 8,499 shares during the quarter. Cwm LLC’s holdings in American Eagle Outfitters were worth $250,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of AEO. Arizona State Retirement System grew its position in American Eagle Outfitters by 1.9% in the second quarter. Arizona State Retirement System now owns 52,537 shares of the apparel retailer’s stock valued at $1,049,000 after acquiring an additional 963 shares during the last quarter. Louisiana State Employees Retirement System lifted its stake in American Eagle Outfitters by 1.1% in the 2nd quarter. Louisiana State Employees Retirement System now owns 93,000 shares of the apparel retailer’s stock valued at $1,856,000 after purchasing an additional 1,000 shares during the last quarter. Alhambra Investment Management LLC boosted its position in American Eagle Outfitters by 7.8% in the second quarter. Alhambra Investment Management LLC now owns 15,275 shares of the apparel retailer’s stock valued at $305,000 after buying an additional 1,111 shares in the last quarter. Hexagon Capital Partners LLC grew its stake in shares of American Eagle Outfitters by 81.1% during the first quarter. Hexagon Capital Partners LLC now owns 2,564 shares of the apparel retailer’s stock worth $66,000 after buying an additional 1,148 shares during the last quarter. Finally, Diversified Trust Co grew its stake in shares of American Eagle Outfitters by 4.3% during the third quarter. Diversified Trust Co now owns 35,395 shares of the apparel retailer’s stock worth $792,000 after buying an additional 1,443 shares during the last quarter. Institutional investors own 97.33% of the company’s stock.

Insiders Place Their Bets

In other news, insider Jennifer M. Foyle sold 30,000 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $21.79, for a total value of $653,700.00. Following the completion of the sale, the insider now owns 200,427 shares in the company, valued at $4,367,304.33. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, Director Cary D. Mcmillan sold 2,283 shares of the business’s stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of $21.49, for a total value of $49,061.67. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Jennifer M. Foyle sold 30,000 shares of American Eagle Outfitters stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $21.79, for a total value of $653,700.00. Following the sale, the insider now owns 200,427 shares in the company, valued at $4,367,304.33. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,050,702 shares of company stock valued at $21,148,718 in the last three months. 7.30% of the stock is currently owned by insiders.

American Eagle Outfitters Trading Down 4.2 %

Shares of AEO stock opened at $19.74 on Wednesday. The firm has a fifty day simple moving average of $20.79 and a two-hundred day simple moving average of $21.55. American Eagle Outfitters, Inc. has a 12 month low of $15.92 and a 12 month high of $26.44. The firm has a market capitalization of $3.88 billion, a PE ratio of 17.78, a price-to-earnings-growth ratio of 1.02 and a beta of 1.51.

American Eagle Outfitters (NYSE:AEO) last posted its earnings results on Thursday, August 29th. The apparel retailer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.31 billion. American Eagle Outfitters had a net margin of 4.58% and a return on equity of 20.98%. The firm’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.25 EPS. On average, equities analysts predict that American Eagle Outfitters, Inc. will post 1.78 earnings per share for the current fiscal year.

American Eagle Outfitters Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 30th. Investors of record on Friday, October 11th will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date is Friday, October 11th. American Eagle Outfitters’s payout ratio is currently 45.05%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. UBS Group dropped their price target on American Eagle Outfitters from $35.00 to $34.00 and set a “buy” rating for the company in a research note on Friday, August 30th. Barclays reduced their price target on American Eagle Outfitters from $32.00 to $26.00 and set an “overweight” rating on the stock in a research report on Friday, August 30th. StockNews.com downgraded American Eagle Outfitters from a “buy” rating to a “hold” rating in a research report on Monday, September 2nd. Telsey Advisory Group reiterated a “market perform” rating and issued a $23.00 target price on shares of American Eagle Outfitters in a report on Wednesday, October 2nd. Finally, TD Cowen dropped their price target on shares of American Eagle Outfitters from $25.00 to $23.00 and set a “hold” rating on the stock in a research report on Friday, August 30th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, American Eagle Outfitters presently has an average rating of “Hold” and an average price target of $25.75.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.