American Eagle Outfitters, Inc. (NYSE:AEO) Stock Holdings Trimmed by AlphaMark Advisors LLC

AlphaMark Advisors LLC lessened its position in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 3.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,390 shares of the apparel retailer’s stock after selling 566 shares during the period. AlphaMark Advisors LLC’s holdings in American Eagle Outfitters were worth $371,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in AEO. Vanguard Group Inc. lifted its stake in American Eagle Outfitters by 0.3% during the third quarter. Vanguard Group Inc. now owns 20,453,599 shares of the apparel retailer’s stock worth $339,734,000 after purchasing an additional 60,418 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of American Eagle Outfitters by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 11,003,990 shares of the apparel retailer’s stock valued at $232,846,000 after buying an additional 284,965 shares during the last quarter. Pacer Advisors Inc. raised its stake in American Eagle Outfitters by 37.6% during the fourth quarter. Pacer Advisors Inc. now owns 6,092,955 shares of the apparel retailer’s stock worth $128,927,000 after acquiring an additional 1,663,569 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in American Eagle Outfitters by 1.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,886,613 shares of the apparel retailer’s stock worth $61,081,000 after acquiring an additional 44,375 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in American Eagle Outfitters by 1,050.5% in the fourth quarter. Wellington Management Group LLP now owns 2,681,465 shares of the apparel retailer’s stock worth $56,740,000 after acquiring an additional 2,448,400 shares during the last quarter. Institutional investors and hedge funds own 97.33% of the company’s stock.

Insider Buying and Selling

In related news, insider Jennifer M. Foyle sold 16,971 shares of the business’s stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $25.53, for a total value of $433,269.63. Following the sale, the insider now directly owns 226,497 shares in the company, valued at approximately $5,782,468.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Cary D. Mcmillan sold 1,908 shares of the company’s stock in a transaction on Friday, April 5th. The stock was sold at an average price of $24.59, for a total transaction of $46,917.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jennifer M. Foyle sold 16,971 shares of American Eagle Outfitters stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $25.53, for a total value of $433,269.63. Following the completion of the transaction, the insider now directly owns 226,497 shares in the company, valued at approximately $5,782,468.41. The disclosure for this sale can be found here. 7.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on AEO shares. JPMorgan Chase & Co. upgraded American Eagle Outfitters from a “neutral” rating to an “overweight” rating and set a $31.00 price target on the stock in a research report on Tuesday, April 9th. StockNews.com upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating in a research note on Monday, May 27th. Barclays upped their price target on shares of American Eagle Outfitters from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Monday, April 29th. Morgan Stanley dropped their price objective on shares of American Eagle Outfitters from $19.00 to $18.00 and set an “underweight” rating on the stock in a report on Thursday, May 30th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $25.00 target price on shares of American Eagle Outfitters in a research note on Thursday, May 30th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, American Eagle Outfitters has an average rating of “Hold” and a consensus target price of $25.00.

American Eagle Outfitters Stock Performance

Shares of AEO stock traded down $0.57 during midday trading on Monday, reaching $19.40. 3,691,065 shares of the company were exchanged, compared to its average volume of 4,711,310. The company’s 50 day moving average price is $22.48 and its two-hundred day moving average price is $22.38. The company has a market cap of $3.81 billion, a P/E ratio of 17.47, a PEG ratio of 0.97 and a beta of 1.51. American Eagle Outfitters, Inc. has a 12 month low of $11.69 and a 12 month high of $26.44.

American Eagle Outfitters (NYSE:AEO) last announced its earnings results on Wednesday, May 29th. The apparel retailer reported $0.34 EPS for the quarter, topping the consensus estimate of $0.28 by $0.06. The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.15 billion. American Eagle Outfitters had a return on equity of 19.39% and a net margin of 4.12%. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.17 earnings per share. As a group, sell-side analysts predict that American Eagle Outfitters, Inc. will post 1.75 earnings per share for the current year.

American Eagle Outfitters Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 26th. Investors of record on Friday, July 12th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, July 12th. This represents a $0.50 annualized dividend and a yield of 2.58%. American Eagle Outfitters’s dividend payout ratio is currently 45.05%.

American Eagle Outfitters 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.