American Eagle Outfitters, Inc. (AEO) Downgraded by BidaskClub to "Hold"

Paterniano Del Favero
Agosto 9, 2017

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Nisa Investment Advisors LLC boosted its stake in shares of American Eagle Outfitters by 327.9% in the first quarter. They now have a Dollars 14 price target on the stock. Gateway Investment Advisers LLC boosted its stake in shares of American Eagle Outfitters by 150.2% in the first quarter. BlackRock Inc. now owns 17,773,025 shares of the apparel retailer's stock valued at $249,355,000 after buying an additional 17,572,904 shares in the last quarter. Schwab Charles Investment Management Inc. owned approximately 0.61% of American Eagle Outfitters worth $15,693,000 as of its most recent filing with the SEC. RidgeWorth Capital Management LLC acquired a new position in shares of American Eagle Outfitters during the first quarter valued at $29,610,000. The firm has "Buy" rating by Bank of America given on Tuesday, August 2. Louisiana State Employees Retirement System now owns 43,200 shares of the apparel retailer's stock worth $606,000 after buying an additional 900 shares during the period. Finally, Mackay Shields LLC bought a new position in American Eagle Outfitters during the first quarter valued at about $21,097,000. BLB&B Advisors LLC now owns 79,666 shares of the apparel retailer's stock worth $1,118,000 after buying an additional 3,375 shares during the period. (AEO) traded up 1.17% during midday trading on Tuesday, hitting $12.13. As of January 28, 2017, the Company operated over 1,000 retail stores and online at ae.com and aerie.com in the United States and internationally.

Schwab Charles Investment Management Inc. raised its position in shares of American Eagle Outfitters, Inc.

American Eagle Outfitters, Inc. has a 50 day moving average of 11.69 and a 200 day moving average of 13.30. The firm has a market cap of $2.09 billion, a price-to-earnings ratio of 10.91 and a beta of 1.09.

Wall Street await American Eagle Outfitters (NYSE:AEO) to release earnings on August, 16. During the same quarter a year ago, the company posted $0.22 earnings per share. American Eagle Outfitters (NYSE:AEO) has declined 31.50% since August 8, 2016 and is downtrending. The company had revenue of $761.80 million for the quarter, compared to analysts' expectations of $741.76 million. During the same period in the previous year, the business posted $0.22 earnings per share. The firm's revenue for the quarter was up 1.7% compared to the same quarter a year ago.

The company also recently announced a quarterly dividend, which was paid on Friday, July 21st. Shareholders of record on Friday, July 7th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 4.17%. The ex-dividend date of this dividend was Wednesday, July 5th.

05/18/2017 - American Eagle Outfitters, Inc. had its " rating reiterated by analysts at FBR Capital Markets.

American Eagle Outfitters, Inc.is a multi-brand specialty retailer. "(NYSE:AEO)" was originally reported by Transcript Daily and is the sole property of of Transcript Daily. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & global copyright and trademark laws. The correct version of this story can be viewed at https://stocknewstimes.com/2017/08/06/american-eagle-outfitters-inc-nyseaeo-receives-buy-rating-from-royal-bank-of-canada-updated.html.

Several equities analysts have recently weighed in on the stock. About shares traded. American Eagle Outfitters (NYSE:AEO) has declined 31.50% since August 7, 2016 and is downtrending. SunTrust Banks, Inc. reissued a "buy" rating and set a $15.00 price target (down from $19.00) on shares of American Eagle Outfitters in a research report on Friday, May 19th.

American Eagle Outfitters (NYSE:AEO) last posted its earnings results on Wednesday, May 17th. Wolfe Research cut shares of American Eagle Outfitters from a "peer perform" rating to an "underperform" rating in a report on Tuesday, May 9th. The latest reports which are outstanding on Monday 7th of August state 1 analyst has a rating of "strong buy", 5 analysts "buy", 11 analysts "neutral", 2 analysts "sell" and 1 analysts "strong sell". The company presently has a consensus rating of "Hold" and a consensus target price of $15.73. Goldman Sachs maintained American Eagle Outfitters (NYSE:AEO) on Thursday, August 18 with "Sell" rating.

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