Oregon Public Employees Retirement Fund Has $1.52 Million Stake in American Eagle Outfitters (AEO)

Oregon Public Employees Retirement Fund grew its position in American Eagle Outfitters (NYSE:AEO) by 3.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,317 shares of the apparel retailer’s stock after purchasing an additional 1,890 shares during the period. Oregon Public Employees Retirement Fund’s holdings in American Eagle Outfitters were worth $1,519,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Wells Fargo & Company MN increased its holdings in American Eagle Outfitters by 72.1% during the second quarter. Wells Fargo & Company MN now owns 944,039 shares of the apparel retailer’s stock worth $21,948,000 after buying an additional 395,556 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in American Eagle Outfitters by 40.2% during the second quarter. Nisa Investment Advisors LLC now owns 34,900 shares of the apparel retailer’s stock worth $811,000 after purchasing an additional 10,000 shares during the period. ClariVest Asset Management LLC boosted its position in American Eagle Outfitters by 10.4% during the second quarter. ClariVest Asset Management LLC now owns 370,180 shares of the apparel retailer’s stock worth $8,608,000 after purchasing an additional 34,754 shares during the period. Stevens Capital Management LP boosted its position in American Eagle Outfitters by 3.2% during the second quarter. Stevens Capital Management LP now owns 75,301 shares of the apparel retailer’s stock worth $1,751,000 after purchasing an additional 2,364 shares during the period. Finally, EAM Investors LLC bought a new position in American Eagle Outfitters during the second quarter worth about $3,057,000. Institutional investors own 88.05% of the company’s stock.

In other news, Director Cary D. Mcmillan sold 16,993 shares of the firm’s stock in a transaction that occurred on Thursday, September 6th. The shares were sold at an average price of $24.87, for a total value of $422,615.91. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP James H. Keefer, Jr. sold 5,600 shares of American Eagle Outfitters stock in a transaction that occurred on Tuesday, July 10th. The shares were sold at an average price of $24.50, for a total transaction of $137,200.00. Following the sale, the vice president now owns 4,723 shares of the company’s stock, valued at $115,713.50. The disclosure for this sale can be found here. Insiders sold 1,058,326 shares of company stock valued at $26,708,453 over the last 90 days. 6.30% of the stock is owned by company insiders.

A number of equities analysts have weighed in on AEO shares. Morgan Stanley increased their target price on shares of American Eagle Outfitters from $16.00 to $17.00 and gave the stock an “underweight” rating in a research report on Friday, June 1st. Jefferies Financial Group set a $33.00 target price on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research report on Wednesday, July 25th. Zacks Investment Research upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research report on Monday, July 23rd. Wedbush lowered shares of American Eagle Outfitters from an “outperform” rating to a “neutral” rating and set a $29.00 target price for the company. in a research report on Monday, August 27th. They noted that the move was a valuation call. Finally, Loop Capital set a $27.00 target price on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research report on Friday, July 6th. One research analyst has rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $25.07.

AEO stock opened at $24.67 on Monday. American Eagle Outfitters has a 12 month low of $12.51 and a 12 month high of $29.88. The company has a market capitalization of $4.41 billion, a PE ratio of 21.27, a PEG ratio of 2.08 and a beta of 0.80.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings data on Wednesday, August 29th. The apparel retailer reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. American Eagle Outfitters had a net margin of 6.49% and a return on equity of 20.24%. The company had revenue of $964.85 million during the quarter, compared to analyst estimates of $937.98 million. During the same period last year, the business earned $0.19 earnings per share. American Eagle Outfitters’s revenue was up 14.2% compared to the same quarter last year. analysts predict that American Eagle Outfitters will post 1.49 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 26th. Stockholders of record on Friday, October 12th will be given a $0.1375 dividend. The ex-dividend date of this dividend is Thursday, October 11th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 2.23%. American Eagle Outfitters’s dividend payout ratio (DPR) is currently 47.41%.

American Eagle Outfitters Profile

American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle Outfitters and Aerie brands. The company also provides jeans, and other apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women.

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Institutional Ownership by Quarter for American Eagle Outfitters (NYSE:AEO)

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