Versor Investments LP Purchases 37,700 Shares of American Eagle Outfitters, Inc. (NYSE:AEO)

Versor Investments LP boosted its stake in American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 134.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 65,800 shares of the apparel retailer's stock after purchasing an additional 37,700 shares during the period. Versor Investments LP's holdings in American Eagle Outfitters were worth $1,473,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of AEO. Texas Permanent School Fund Corp boosted its stake in shares of American Eagle Outfitters by 1.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 162,510 shares of the apparel retailer's stock worth $4,191,000 after acquiring an additional 2,149 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of American Eagle Outfitters by 397.3% during the 1st quarter. SG Americas Securities LLC now owns 33,948 shares of the apparel retailer's stock worth $876,000 after acquiring an additional 27,121 shares during the last quarter. Qsemble Capital Management LP purchased a new position in shares of American Eagle Outfitters during the 1st quarter worth $374,000. Russell Investments Group Ltd. boosted its stake in shares of American Eagle Outfitters by 5.6% during the 1st quarter. Russell Investments Group Ltd. now owns 1,124,168 shares of the apparel retailer's stock worth $28,991,000 after acquiring an additional 59,454 shares during the last quarter. Finally, ProShare Advisors LLC boosted its stake in shares of American Eagle Outfitters by 7.4% during the 1st quarter. ProShare Advisors LLC now owns 36,914 shares of the apparel retailer's stock worth $952,000 after acquiring an additional 2,533 shares during the last quarter. Hedge funds and other institutional investors own 97.33% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on AEO shares. Telsey Advisory Group restated a "market perform" rating and set a $23.00 target price on shares of American Eagle Outfitters in a research note on Wednesday, October 2nd. StockNews.com cut shares of American Eagle Outfitters from a "buy" rating to a "hold" rating in a research note on Monday, September 2nd. TD Cowen lowered their target price on shares of American Eagle Outfitters from $25.00 to $23.00 and set a "hold" rating on the stock in a research note on Friday, August 30th. Barclays lowered their target price 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. Finally, UBS Group lowered their target price on shares of American Eagle Outfitters from $35.00 to $34.00 and set a "buy" rating on the stock in a research note on Friday, August 30th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, American Eagle Outfitters has an average rating of "Hold" and a consensus price target of $25.75.

Insider Transactions at American Eagle Outfitters

In other news, Director Cary D. Mcmillan sold 2,283 shares of the business's stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $21.49, for a total value of $49,061.67. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CEO Jay L. Schottenstein sold 999,999 shares of the business's stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $20.04, for a total value of $20,039,979.96. Following the sale, the chief executive officer now directly owns 1,771,851 shares in the company, valued at $35,507,894.04. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Cary D. Mcmillan sold 2,283 shares of the company's stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $21.49, for a total transaction 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 in the last three months. Insiders own 7.30% of the company's stock.

American Eagle Outfitters Stock Down 2.8 %

NYSE AEO traded down $0.52 on Monday, reaching $18.21. The company had a trading volume of 6,352,526 shares, compared to its average volume of 3,481,813. The stock has a market capitalization of $3.50 billion, a PE ratio of 14.57, a price-to-earnings-growth ratio of 0.93 and a beta of 1.52. The firm's 50 day moving average price is $20.23 and its 200 day moving average price is $21.20. American Eagle Outfitters, Inc. has a 12 month low of $15.92 and a 12 month high of $26.44.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last announced its quarterly earnings results on Thursday, August 29th. The apparel retailer reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.01. American Eagle Outfitters had a net margin of 4.58% and a return on equity of 20.98%. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the previous year, the firm posted $0.25 EPS. American Eagle Outfitters's revenue for the quarter was up 7.5% compared to the same quarter last year. On average, research analysts expect that American Eagle Outfitters, Inc. will post 1.78 EPS for the current year.

American Eagle Outfitters Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 30th. Stockholders of record on Friday, October 11th were issued a $0.125 dividend. The ex-dividend date was Friday, October 11th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.75%. American Eagle Outfitters's dividend payout ratio (DPR) is presently 40.00%.

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.