WINTON GROUP Ltd Sells 103,170 Shares of American Eagle Outfitters, Inc. $AEO

WINTON GROUP Ltd trimmed its position in American Eagle Outfitters, Inc. (NYSE:AEO) by 21.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 377,084 shares of the apparel retailer’s stock after selling 103,170 shares during the period. WINTON GROUP Ltd owned about 0.22% of American Eagle Outfitters worth $3,628,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AEO. Federated Hermes Inc. grew its position in shares of American Eagle Outfitters by 151.0% during the 2nd quarter. Federated Hermes Inc. now owns 3,848 shares of the apparel retailer’s stock valued at $37,000 after acquiring an additional 2,315 shares during the period. DekaBank Deutsche Girozentrale boosted its holdings in American Eagle Outfitters by 220.5% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 5,843 shares of the apparel retailer’s stock valued at $58,000 after purchasing an additional 4,020 shares during the period. Asset Management One Co. Ltd. raised its holdings in shares of American Eagle Outfitters by 43.3% in the 2nd quarter. Asset Management One Co. Ltd. now owns 5,978 shares of the apparel retailer’s stock valued at $58,000 after acquiring an additional 1,805 shares in the last quarter. AlphaQuest LLC grew its stake in American Eagle Outfitters by 654,400.0% in the 1st quarter. AlphaQuest LLC now owns 6,545 shares of the apparel retailer’s stock worth $76,000 after buying an additional 6,544 shares in the last quarter. Finally, Arista Wealth Management LLC bought a new stake in American Eagle Outfitters during the second quarter worth about $96,000. Hedge funds and other institutional investors own 97.33% of the company’s stock.

Insider Transactions at American Eagle Outfitters

In other news, Director Cary D. Mcmillan sold 2,945 shares of the firm’s stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $16.95, for a total transaction of $49,917.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David M. Sable sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $19.22, for a total transaction of $96,100.00. Following the completion of the transaction, the director owned 48,640 shares of the company’s stock, valued at approximately $934,860.80. The trade was a 9.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 8.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Telsey Advisory Group lifted their price target on American Eagle Outfitters from $18.00 to $25.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 3rd. Zacks Research upgraded shares of American Eagle Outfitters from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. JPMorgan Chase & Co. upgraded shares of American Eagle Outfitters from an “underweight” rating to a “neutral” rating and increased their target price for the stock from $14.00 to $20.00 in a report on Wednesday, December 3rd. Barclays boosted their price target on American Eagle Outfitters from $14.00 to $20.00 and gave the company an “underweight” rating in a report on Wednesday, December 3rd. Finally, Cowen reiterated a “hold” rating on shares of American Eagle Outfitters in a report on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $21.10.

American Eagle Outfitters Stock Down 3.0%

Shares of NYSE:AEO opened at $22.41 on Tuesday. The firm has a market capitalization of $3.79 billion, a P/E ratio of 19.32 and a beta of 1.44. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.59 and a current ratio of 1.63. The stock has a 50 day moving average price of $17.61 and a 200-day moving average price of $14.34. American Eagle Outfitters, Inc. has a 52-week low of $9.27 and a 52-week high of $24.66.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Tuesday, December 2nd. The apparel retailer reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.10. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.32 billion. American Eagle Outfitters had a return on equity of 13.82% and a net margin of 3.90%.The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.48 earnings per share. As a group, equities research analysts anticipate that American Eagle Outfitters, Inc. will post 1.7 EPS for the current fiscal year.

American Eagle Outfitters Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Investors of record on Friday, January 9th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, January 9th. This represents a $0.50 annualized dividend and a yield of 2.2%. American Eagle Outfitters’s payout ratio is presently 43.10%.

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.