Mather Group LLC. Has $1.86 Million Stock Holdings in American Eagle Outfitters, Inc. (NYSE:AEO)

Mather Group LLC. boosted its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 1,454.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 93,110 shares of the apparel retailer’s stock after buying an additional 87,120 shares during the period. Mather Group LLC.’s holdings in American Eagle Outfitters were worth $1,858,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. UMB Bank n.a. acquired a new stake in shares of American Eagle Outfitters during the first quarter worth approximately $27,000. Parallel Advisors LLC increased its stake in shares of American Eagle Outfitters by 299.7% in the fourth quarter. Parallel Advisors LLC now owns 1,207 shares of the apparel retailer’s stock worth $26,000 after acquiring an additional 905 shares during the last quarter. Hexagon Capital Partners LLC increased its stake in shares of American Eagle Outfitters by 6,980.0% in the fourth quarter. Hexagon Capital Partners LLC now owns 1,416 shares of the apparel retailer’s stock worth $30,000 after acquiring an additional 1,396 shares during the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in American Eagle Outfitters during the fourth quarter valued at $38,000. Finally, Nomura Asset Management Co. Ltd. boosted its position in American Eagle Outfitters by 40.5% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 2,080 shares of the apparel retailer’s stock valued at $44,000 after purchasing an additional 600 shares during the last quarter. 97.33% of the stock is owned by hedge funds and other institutional investors.

American Eagle Outfitters Trading Up 2.9 %

AEO stock traded up $0.57 during trading on Tuesday, reaching $20.35. 3,438,511 shares of the stock were exchanged, compared to its average volume of 4,658,958. American Eagle Outfitters, Inc. has a twelve month low of $14.39 and a twelve month high of $26.44. The company has a market capitalization of $4.00 billion, a P/E ratio of 18.33, a price-to-earnings-growth ratio of 1.01 and a beta of 1.51. The stock has a 50 day simple moving average of $20.80 and a 200-day simple moving average of $22.34.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings data on Wednesday, May 29th. The apparel retailer reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.06. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.15 billion. American Eagle Outfitters had a net margin of 4.12% and a return on equity of 19.39%. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period last year, the firm earned $0.17 EPS. Equities analysts predict that American Eagle Outfitters, Inc. will post 1.75 EPS for the current year.

American Eagle Outfitters Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 26th. Shareholders of record on Friday, July 12th were paid a dividend of $0.125 per share. The ex-dividend date was Friday, July 12th. This represents a $0.50 annualized dividend and a yield of 2.46%. American Eagle Outfitters’s dividend payout ratio is 45.05%.

Wall Street Analyst Weigh In

AEO has been the subject of a number of recent research reports. Morgan Stanley cut their price target on American Eagle Outfitters from $19.00 to $18.00 and set an “underweight” rating for the company in a research note on Thursday, May 30th. JPMorgan Chase & Co. upgraded shares of American Eagle Outfitters from a “neutral” rating to an “overweight” rating and set a $31.00 price target on the stock in a report on Tuesday, April 9th. StockNews.com upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating in a report on Monday, May 27th. Telsey Advisory Group restated a “market perform” rating and set a $25.00 target price on shares of American Eagle Outfitters in a report on Thursday, May 30th. Finally, Barclays boosted their price target on American Eagle Outfitters from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Monday, April 29th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $25.00.

Insider Transactions at American Eagle Outfitters

In related news, Director Cary D. Mcmillan sold 2,577 shares of the stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of $20.93, for a total transaction of $53,936.61. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 7.30% of the company’s stock.

American Eagle Outfitters Profile

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.