American Eagle Outfitters, Inc. (NYSE:AEO) Shares Bought by Barclays PLC

Barclays PLC raised its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 51.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 298,263 shares of the apparel retailer's stock after acquiring an additional 101,795 shares during the period. Barclays PLC owned approximately 0.16% of American Eagle Outfitters worth $6,679,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Hennion & Walsh Asset Management Inc. grew its holdings in American Eagle Outfitters by 46.6% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 33,412 shares of the apparel retailer's stock worth $667,000 after acquiring an additional 10,614 shares during the period. Summit Global Investments purchased a new position in shares of American Eagle Outfitters during the 2nd quarter valued at approximately $222,000. Hennessy Advisors Inc. acquired a new position in shares of American Eagle Outfitters in the 2nd quarter valued at $6,399,000. Louisiana State Employees Retirement System boosted its holdings in American Eagle Outfitters by 1.1% during the second quarter. Louisiana State Employees Retirement System now owns 93,000 shares of the apparel retailer's stock worth $1,856,000 after buying an additional 1,000 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in American Eagle Outfitters by 12.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 44,689 shares of the apparel retailer's stock valued at $892,000 after buying an additional 4,851 shares during the period. 97.33% of the stock is owned by hedge funds and other institutional investors.

American Eagle Outfitters Trading Down 0.2 %

AEO traded down $0.04 on Thursday, hitting $16.36. 3,347,825 shares of the company's stock were exchanged, compared to its average volume of 4,695,019. The firm has a 50-day moving average price of $18.93 and a 200-day moving average price of $20.09. The stock has a market cap of $3.14 billion, a price-to-earnings ratio of 13.98, a P/E/G ratio of 1.12 and a beta of 1.51. American Eagle Outfitters, Inc. has a fifty-two week low of $16.20 and a fifty-two week high of $26.44.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last posted its quarterly earnings results on Wednesday, December 4th. The apparel retailer reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.46 by $0.02. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.30 billion. American Eagle Outfitters had a net margin of 4.28% and a return on equity of 20.75%. American Eagle Outfitters's quarterly revenue was down .9% on a year-over-year basis. During the same period in the previous year, the business posted $0.49 earnings per share. On average, equities analysts predict that American Eagle Outfitters, Inc. will post 1.69 EPS for the current year.

American Eagle Outfitters Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 24th. Investors of record on Friday, January 10th will be issued a $0.125 dividend. The ex-dividend date is Friday, January 10th. This represents a $0.50 annualized dividend and a dividend yield of 3.06%. American Eagle Outfitters's dividend payout ratio is presently 42.74%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on AEO shares. Raymond James initiated coverage on shares of American Eagle Outfitters in a research report on Friday, December 13th. They issued a "market perform" rating for the company. Barclays reduced their price target on American Eagle Outfitters from $26.00 to $22.00 and set an "overweight" rating for the company in a report on Friday, December 6th. Bank of America cut their price objective on American Eagle Outfitters from $25.00 to $21.00 and set a "neutral" rating for the company in a research report on Thursday, December 5th. Telsey Advisory Group decreased their target price on American Eagle Outfitters from $23.00 to $20.00 and set a "market perform" rating on the stock in a research report on Thursday, December 5th. Finally, BMO Capital Markets cut their price target on shares of American Eagle Outfitters from $22.00 to $20.00 and set a "market perform" rating for the company in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $22.40.

Insider Buying and Selling

In other news, insider Jennifer M. Foyle sold 30,000 shares of the stock in a transaction that occurred on 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 of the company's stock, valued at $4,367,304.33. This represents a 13.02 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director David M. Sable sold 18,420 shares of American Eagle Outfitters stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $22.04, for a total transaction of $405,976.80. Following the sale, the director now directly owns 39,356 shares in the company, valued at approximately $867,406.24. The trade was a 31.88 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 50,703 shares of company stock worth $1,108,738. 7.30% of the stock is owned by corporate insiders.

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.