Radnor Capital Management LLC cut its stake in shares of American Eagle Outfitters (NYSE:AEO) by 35.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,600 shares of the apparel retailer’s stock after selling 7,400 shares during the period. Radnor Capital Management LLC’s holdings in American Eagle Outfitters were worth $230,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in AEO. Norges Bank bought a new stake in shares of American Eagle Outfitters during the fourth quarter valued at about $47,019,000. Millennium Management LLC increased its position in shares of American Eagle Outfitters by 1,006.7% during the fourth quarter. Millennium Management LLC now owns 1,103,180 shares of the apparel retailer’s stock valued at $21,324,000 after buying an additional 1,003,501 shares during the period. FMR LLC increased its position in shares of American Eagle Outfitters by 80.5% in the first quarter. FMR LLC now owns 2,152,703 shares of the apparel retailer’s stock worth $47,726,000 after purchasing an additional 960,273 shares during the last quarter. Randolph Co Inc bought a new position in shares of American Eagle Outfitters in the first quarter worth approximately $9,650,000. Finally, American Century Companies Inc. increased its position in shares of American Eagle Outfitters by 52.1% in the fourth quarter. American Century Companies Inc. now owns 1,009,555 shares of the apparel retailer’s stock worth $19,515,000 after purchasing an additional 345,597 shares during the last quarter. Hedge funds and other institutional investors own 90.40% of the company’s stock.

Several research analysts recently weighed in on the stock. ValuEngine upgraded shares of China Southern Airlines from a “sell” rating to a “hold” rating in a research report on Tuesday, June 11th. Royal Bank of Canada upped their price objective on shares of Summit Industrial Income REIT from C$11.50 to C$12.50 and gave the stock a “sector perform” rating in a research report on Thursday, May 9th. Wedbush restated an “outperform” rating and issued a $79.00 price objective on shares of Aimmune Therapeutics in a research report on Thursday, June 6th. UBS Group restated a “buy” rating and issued a GBX 285 ($3.72) price objective on shares of in a research report on Friday, June 21st. Finally, Zacks Investment Research upgraded shares of GALP ENERGIA SG/ADR from a “sell” rating to a “hold” rating in a research report on Monday, May 27th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $23.73.

AEO traded up $0.16 during midday trading on Friday, hitting $17.53. The stock had a trading volume of 2,245,666 shares, compared to its average volume of 4,054,708. The stock has a market capitalization of $2.99 billion, a P/E ratio of 11.84, a P/E/G ratio of 1.65 and a beta of 0.97. The company’s fifty day moving average is $17.38. 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 has a 1 year low of $16.31 and a 1 year high of $29.88.

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, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.03. The business had revenue of $886.29 million during the quarter, compared to analyst estimates of $855.55 million. American Eagle Outfitters had a return on equity of 20.80% and a net margin of 6.41%. American Eagle Outfitters’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.23 earnings per share. On average, research analysts expect that American Eagle Outfitters will post 1.58 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, July 26th. Shareholders of record on Friday, July 12th were paid a $0.1375 dividend. This represents a $0.55 annualized dividend and a yield of 3.14%. The ex-dividend date of this dividend was Thursday, July 11th. American Eagle Outfitters’s dividend payout ratio is currently 37.16%.

In other American Eagle Outfitters news, insider Jennifer M. Foyle sold 117,051 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $23.53, for a total value of $2,754,210.03. Following the completion of the sale, the insider now owns 144,228 shares of the company’s stock, valued at $3,393,684.84. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 7.20% of the stock is owned by corporate insiders.

American Eagle Outfitters Company 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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