Mitsubishi UFJ Trust & Banking Corp Has $254,000 Position in American Eagle Outfitters, Inc. (NYSE:AEO)

Mitsubishi UFJ Trust & Banking Corp raised its holdings in American Eagle Outfitters, Inc. (NYSE:AEOGet Rating) by 9.7% in the second quarter, Holdings Channel.com reports. The fund owned 22,702 shares of the apparel retailer’s stock after acquiring an additional 2,015 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in American Eagle Outfitters were worth $254,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Crossmark Global Holdings Inc. lifted its stake in American Eagle Outfitters by 5.8% in the first quarter. Crossmark Global Holdings Inc. now owns 14,260 shares of the apparel retailer’s stock valued at $239,000 after acquiring an additional 780 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in American Eagle Outfitters by 6.7% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 19,670 shares of the apparel retailer’s stock valued at $330,000 after acquiring an additional 1,241 shares during the last quarter. Victory Capital Management Inc. lifted its stake in American Eagle Outfitters by 3.9% in the second quarter. Victory Capital Management Inc. now owns 33,074 shares of the apparel retailer’s stock valued at $370,000 after acquiring an additional 1,246 shares during the last quarter. Robotti Robert lifted its stake in American Eagle Outfitters by 1.5% in the first quarter. Robotti Robert now owns 108,244 shares of the apparel retailer’s stock valued at $1,818,000 after acquiring an additional 1,558 shares during the last quarter. Finally, Xponance Inc. lifted its stake in American Eagle Outfitters by 7.0% in the second quarter. Xponance Inc. now owns 24,094 shares of the apparel retailer’s stock valued at $269,000 after acquiring an additional 1,582 shares during the last quarter.

Analyst Ratings Changes

A number of research firms have issued reports on AEO. Cowen reduced their target price on shares of American Eagle Outfitters from $13.00 to $11.00 and set a “market perform” rating for the company in a research note on Thursday, September 8th. JPMorgan Chase & Co. lifted their price target on shares of American Eagle Outfitters from $12.00 to $13.00 in a research report on Friday, September 16th. Citigroup dropped their price target on shares of American Eagle Outfitters from $13.00 to $10.00 and set a “neutral” rating on the stock in a research report on Thursday, September 8th. Telsey Advisory Group dropped their price target on shares of American Eagle Outfitters from $15.00 to $13.00 and set a “market perform” rating on the stock in a research report on Thursday, September 8th. Finally, StockNews.com started coverage on shares of American Eagle Outfitters in a research report on Wednesday, October 12th. They issued a “sell” rating on the stock. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $13.77.

American Eagle Outfitters Price Performance

NYSE:AEO opened at $15.36 on Wednesday. The stock has a market cap of $2.88 billion, a P/E ratio of 16.88, a PEG ratio of 1.71 and a beta of 1.34. American Eagle Outfitters, Inc. has a one year low of $9.46 and a one year high of $29.19. The company has a fifty day moving average price of $10.99 and a 200 day moving average price of $11.81. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.64 and a quick ratio of 0.68.

American Eagle Outfitters (NYSE:AEOGet Rating) last released its earnings results on Tuesday, November 22nd. The apparel retailer reported $0.42 EPS for the quarter, beating the consensus estimate of $0.23 by $0.19. American Eagle Outfitters had a net margin of 3.81% and a return on equity of 19.05%. The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the prior year, the company earned $0.76 EPS. The business’s quarterly revenue was down 2.6% compared to the same quarter last year. Analysts anticipate that American Eagle Outfitters, Inc. will post 0.66 earnings per share for the current year.

About American Eagle Outfitters

(Get Rating)

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

Featured Articles

Want to see what other hedge funds are holding AEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Eagle Outfitters, Inc. (NYSE:AEOGet Rating).

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

Receive News & Ratings for American Eagle Outfitters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Eagle Outfitters and related companies with MarketBeat.com's FREE daily email newsletter.