Systematic Financial Management LP Has $26.63 Million Holdings in American Eagle Outfitters, Inc. $AEO

Systematic Financial Management LP cut its holdings in American Eagle Outfitters, Inc. (NYSE:AEO) by 3.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,010,004 shares of the apparel retailer’s stock after selling 32,106 shares during the period. Systematic Financial Management LP owned approximately 0.60% of American Eagle Outfitters worth $26,634,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Strategic Investment Solutions Inc. IL grew its stake in shares of American Eagle Outfitters by 50.0% in the third quarter. Strategic Investment Solutions Inc. IL now owns 1,500 shares of the apparel retailer’s stock valued at $26,000 after acquiring an additional 500 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of American Eagle Outfitters by 177.2% in the fourth quarter. Farther Finance Advisors LLC now owns 1,774 shares of the apparel retailer’s stock valued at $47,000 after acquiring an additional 1,134 shares in the last quarter. Strs Ohio acquired a new position in shares of American Eagle Outfitters in the third quarter valued at about $36,000. EverSource Wealth Advisors LLC grew its stake in shares of American Eagle Outfitters by 75.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,176 shares of the apparel retailer’s stock valued at $57,000 after acquiring an additional 938 shares in the last quarter. Finally, Larson Financial Group LLC grew its stake in shares of American Eagle Outfitters by 8,432.1% in the third quarter. Larson Financial Group LLC now owns 2,389 shares of the apparel retailer’s stock valued at $41,000 after acquiring an additional 2,361 shares in the last quarter. 97.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on AEO shares. Wall Street Zen upgraded shares of American Eagle Outfitters from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 25th. Needham & Company LLC assumed coverage on shares of American Eagle Outfitters in a research report on Thursday, March 26th. They set a “hold” rating for the company. Barclays raised shares of American Eagle Outfitters from an “underweight” rating to an “equal weight” rating and set a $19.00 price objective for the company in a research report on Wednesday, May 6th. Zacks Research cut shares of American Eagle Outfitters from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. Finally, Citigroup upped their price objective on shares of American Eagle Outfitters from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Friday, March 6th. One research analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $22.45.

American Eagle Outfitters Stock Up 0.2%

AEO opened at $16.58 on Friday. American Eagle Outfitters, Inc. has a twelve month low of $9.27 and a twelve month high of $28.46. The company has a 50-day simple moving average of $17.19 and a 200 day simple moving average of $21.08. The stock has a market capitalization of $2.78 billion, a price-to-earnings ratio of 14.80, a P/E/G ratio of 1.17 and a beta of 1.38.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Wednesday, March 4th. The apparel retailer reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.13. American Eagle Outfitters had a net margin of 3.49% and a return on equity of 16.76%. The business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter in the prior year, the business posted $0.54 earnings per share. American Eagle Outfitters’s revenue was up 12.2% compared to the same quarter last year. Sell-side analysts anticipate that American Eagle Outfitters, Inc. will post 1.75 EPS for the current fiscal year.

American Eagle Outfitters Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Friday, April 10th were issued a $0.125 dividend. The ex-dividend date of this dividend was Friday, April 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.0%. American Eagle Outfitters’s dividend payout ratio is 44.64%.

Insider Transactions at American Eagle Outfitters

In other news, Director Cary D. Mcmillan sold 2,887 shares of the stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $17.23, for a total value of $49,743.01. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Noel Joseph Spiegel sold 2,887 shares of the stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $17.32, for a total transaction of $50,002.84. The SEC filing for this sale provides additional information. 8.70% of the stock is currently owned by corporate insiders.

About American Eagle Outfitters

American Eagle Outfitters, Inc (NYSE: AEO) is a leading American specialty retailer offering apparel, accessories and personal care products for men and women. The company’s flagship brand, American Eagle, focuses on casualwear including denim, tops, outerwear and accessories targeted primarily at teens and young adults. In addition to its core apparel lines, the company operates the Aerie brand of intimates, loungewear and swimwear, which has gained recognition for its body-positive marketing and inclusive sizing.

American Eagle Outfitters conducts business through a combination of over 900 brick-and-mortar stores in North America and Greater China, complemented by a growing e-commerce platform that serves customers around the globe.