Its investment was valued at $6,477,000 an increase of $1,208,000 as of quarter end. As of the end of the quarter Ubs Asset Management Americas Inc had acquired a total of 2,278 shares growing its holdings by 2,618.4%.
Short traders are feeling a little more bullish on shares of American Eagle Outfitters if you consider the fall in short interest. 100,000 shares traded per day would be a minimum for most traders and some require 1,000,000. LSV Asset Management now owns 7,339,955 shares of the apparel retailer's stock worth $88,446,000 after acquiring an additional 76,600 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in American Eagle Outfitters by 19.8% in the third quarter. Thrivent Financial For Lutherans now owns 32,350 shares of the apparel retailer's stock valued at $454,000 after purchasing an additional 3,110 shares in the last quarter. Hedge funds and other institutional investors own 83.47% of the company's stock.
American Eagle Outfitters, Inc. has a 12-month low of $10.23 and a 12-month high of $19.00. The stock has a market capitalization of $2,475.14, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 1.41 and a beta of 1.10. The legal version of this piece of content can be viewed at https://baseballnewssource.com/markets/american-eagle-outfitters-inc-aeo-stock-rating-upgraded-by-wolfe-research/1770255.html. AEO has diverse figures for different time frames; starting from week's performance it has positive performance of 7.62% in last five regular trading sessions. As of the latest earnings report the EPS was $0.96 with 177.05M shares outstanding. American Eagle Outfitters's dividend payout ratio (DPR) is 51.55%. The firm had revenue of $941 million for the quarter, compared to the consensus estimate of $940.94 million. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of 5.57% from last close price of 13.98 and act as support or resistance of price limit.
For Frontier Commun Cp (NASDAQ:FTR) out of the analyst recommendations 1 analysts recommend stock a Buy, 2 rate the stock Outperform, 8 analysts recommend to Hold the stock, 4 rate Underperform and 0 analysts recommend the stock a Sell.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Shareholders of record on Friday, October 6th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date of this dividend was Thursday, October 5th. American Eagle Outfitters's dividend payout ratio is now 39.06%.
In related news, insider Jennifer M. Foyle sold 13,500 shares of the firm's stock in a transaction that occurred on Wednesday, September 27th. It has been assigned a low target price of $7 and a high target price of $14. Following the completion of the transaction, the insider now owns 27,531 shares in the company, valued at $391,490.82. The sale was disclosed in a filing with the SEC, which is available at this link.
Stock indexes closed modestly higher as gains for consumer and household goods companies were partly offset by losses in industrial and energy stocks.
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Several research analysts have recently commented on AEO shares.
Dimensional Fund Advisors Lp reports that it bought 693,993 shares last quarter increasing its exposure to American Eagle Outfitters by 9.6%.
On September 10 analysts at Jefferies Group LLC released research on AEO and giving a rating of "Buy" and price target of $18.00.
On October 2 SunTrust Banks made no change to the stock rating of "Buy" with a current price target of $15.00.
American Eagle Outfitters, Inc. on 7/30/2017 reported its EPS as $0.41 with the analysts projecting the EPS of the stock as $0.41.
Shares of American Eagle Outfitters (NYSE AEO) opened at $13.98 on Thursday. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company. This is the consensus price target based on the analysts polled by Thomson Reuters' First Call, the average is taken from the individual analysts which provided targets and are short term projections for the 12 months.