GSA Capital Partners LLP Invests $1.29 Million in American Eagle Outfitters (NYSE:AEO)

GSA Capital Partners LLP acquired a new position in shares of American Eagle Outfitters (NYSE:AEO) in the second quarter, HoldingsChannel.com reports. The firm acquired 76,109 shares of the apparel retailer’s stock, valued at approximately $1,286,000.

Several other institutional investors have also bought and sold shares of AEO. Private Ocean LLC acquired a new position in shares of American Eagle Outfitters during the 1st quarter worth about $27,000. Advisory Services Network LLC acquired a new position in shares of American Eagle Outfitters during the 1st quarter worth about $30,000. NEXT Financial Group Inc boosted its stake in shares of American Eagle Outfitters by 40.6% during the 2nd quarter. NEXT Financial Group Inc now owns 2,426 shares of the apparel retailer’s stock worth $41,000 after buying an additional 700 shares during the last quarter. Valeo Financial Advisors LLC boosted its stake in shares of American Eagle Outfitters by 693.1% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,680 shares of the apparel retailer’s stock worth $62,000 after buying an additional 3,216 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its stake in shares of American Eagle Outfitters by 122.9% during the 1st quarter. Quadrant Capital Group LLC now owns 4,112 shares of the apparel retailer’s stock worth $86,000 after buying an additional 2,267 shares during the last quarter. Institutional investors own 93.43% of the company’s stock.

Several equities research analysts recently issued reports on AEO shares. UBS Group set a $26.00 target price on shares of American Eagle Outfitters and gave the company a “buy” rating in a research note on Friday, June 21st. B. Riley set a $23.00 target price on shares of American Eagle Outfitters and gave the company a “buy” rating in a research note on Tuesday, August 20th. ValuEngine downgraded shares of American Eagle Outfitters from a “hold” rating to a “sell” rating in a research note on Tuesday, June 11th. Zacks Investment Research upgraded shares of American Eagle Outfitters from a “sell” rating to a “hold” rating and set a $22.00 target price for the company in a research note on Monday, May 27th. Finally, Deutsche Bank set a $23.00 target price on shares of American Eagle Outfitters and gave the company a “buy” rating in a research note on Friday, August 16th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company’s stock. American Eagle Outfitters has a consensus rating of “Hold” and an average price target of $23.67.

NYSE:AEO traded down $0.80 during mid-day trading on Friday, hitting $16.09. The stock had a trading volume of 3,676,490 shares, compared to its average volume of 3,997,761. American Eagle Outfitters has a twelve month low of $14.52 and a twelve month high of $28.68. The stock has a market cap of $2.91 billion, a price-to-earnings ratio of 10.87, a PEG ratio of 1.61 and a beta of 0.96. The company’s 50 day simple moving average is $16.78 and its 200 day simple moving average is $19.43. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.76 and a current ratio of 1.46.

American Eagle Outfitters (NYSE:AEO) last issued its earnings results on Wednesday, June 5th. The apparel retailer reported $0.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.03. The business had revenue of $886.29 million during the quarter, compared to the consensus estimate of $855.55 million. American Eagle Outfitters had a net margin of 6.41% and a return on equity of 20.80%. American Eagle Outfitters’s revenue was up 7.7% on a year-over-year basis. During the same period last year, the business posted $0.23 EPS. As a group, equities analysts forecast that American Eagle Outfitters will post 1.57 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, July 26th. Shareholders of record on Friday, July 12th were issued a $0.1375 dividend. The ex-dividend date was Thursday, July 11th. This represents a $0.55 annualized dividend and a yield of 3.42%. American Eagle Outfitters’s dividend payout ratio is currently 37.16%.

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 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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