American Eagle Outfitters, Inc. (NYSE:AEO) Shares Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. raised its stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 205.6% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 310,508 shares of the apparel retailer's stock after buying an additional 208,895 shares during the period. American Eagle Outfitters comprises about 0.7% of Landscape Capital Management L.L.C.'s portfolio, making the stock its 14th largest holding. Landscape Capital Management L.L.C. owned 0.16% of American Eagle Outfitters worth $6,952,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Bayesian Capital Management LP acquired a new position in shares of American Eagle Outfitters during the first quarter valued at approximately $598,000. UniSuper Management Pty Ltd purchased a new position in shares of American Eagle Outfitters in the 1st quarter valued at about $941,000. SG Americas Securities LLC raised its stake in American Eagle Outfitters by 417.2% during the 2nd quarter. SG Americas Securities LLC now owns 175,576 shares of the apparel retailer's stock worth $3,504,000 after acquiring an additional 141,628 shares in the last quarter. Vanguard Group Inc. grew its stake in American Eagle Outfitters by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 20,788,750 shares of the apparel retailer's stock worth $536,142,000 after buying an additional 310,808 shares during the last quarter. Finally, Victory Capital Management Inc. grew its position in American Eagle Outfitters by 165.4% during the 2nd quarter. Victory Capital Management Inc. now owns 3,107,933 shares of the apparel retailer's stock worth $62,034,000 after purchasing an additional 1,936,938 shares during the last quarter. 97.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at American Eagle Outfitters

In other news, CEO Jay L. Schottenstein sold 999,999 shares of American Eagle Outfitters stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $20.04, for a total transaction of $20,039,979.96. Following the sale, the chief executive officer now directly owns 1,771,851 shares in the company, valued at approximately $35,507,894.04. The trade was a 36.08 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Cary D. Mcmillan sold 2,283 shares of American Eagle Outfitters stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $21.49, for a total value of $49,061.67. The disclosure for this sale can be found here. Insiders have sold a total of 1,050,702 shares of company stock worth $21,148,718 over the last 90 days. Insiders own 7.30% of the company's stock.

American Eagle Outfitters Trading Down 0.9 %

American Eagle Outfitters stock opened at $17.28 on Thursday. The company's 50-day moving average price is $20.00 and its two-hundred day moving average price is $20.87. The stock has a market cap of $3.32 billion, a price-to-earnings ratio of 13.82, a PEG ratio of 0.92 and a beta of 1.52. American Eagle Outfitters, Inc. has a 52 week low of $15.92 and a 52 week high of $26.44.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last released its quarterly earnings data on Thursday, August 29th. The apparel retailer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.01. American Eagle Outfitters had a return on equity of 20.98% and a net margin of 4.58%. The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the company posted $0.25 EPS. The company's revenue was up 7.5% compared to the same quarter last year. Research analysts expect that American Eagle Outfitters, Inc. will post 1.77 earnings per share for the current fiscal year.

American Eagle Outfitters Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 30th. Investors of record on Friday, October 11th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date of this dividend was Friday, October 11th. American Eagle Outfitters's dividend payout ratio is presently 40.00%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Barclays dropped their price target on shares of American Eagle Outfitters from $32.00 to $26.00 and set an "overweight" rating on the stock in a research note on Friday, August 30th. UBS Group lowered their price objective on shares of 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. StockNews.com downgraded American Eagle Outfitters from a "buy" rating to a "hold" rating in a report on Monday, September 2nd. TD Cowen lowered their target price on American Eagle Outfitters from $25.00 to $23.00 and set a "hold" rating for the company in a research note on Friday, August 30th. Finally, Telsey Advisory Group reiterated a "market perform" rating and issued a $23.00 price target on shares of American Eagle Outfitters in a research note on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $25.00.

About American Eagle Outfitters

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.

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