Dynamic Capital Management Ltd buys $5,924,200 stake in American Eagle Outfitters (AEO)

American Eagle Outfitters (AEO) : Dynamic Capital Management Ltd scooped up 295,777 additional shares in American Eagle Outfitters during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 312,953 shares of American Eagle Outfitters which is valued at $5,924,200.American Eagle Outfitters makes up approximately 0.67% of Dynamic Capital Management Ltd’s portfolio.

Other Hedge Funds, Including , Peconic Partners added AEO to its portfolio by purchasing 100,000 company shares during the most recent quarter which is valued at $1,893,000. American Eagle Outfitters makes up approx 0.33% of Peconic Partners’s portfolio.Oppenheimerfunds boosted its stake in AEO in the latest quarter, The investment management firm added 3,624 additional shares and now holds a total of 33,360 shares of American Eagle Outfitters which is valued at $631,505.Catalyst Capital Advisors reduced its stake in AEO by selling 15,750 shares or 25.1% in the most recent quarter. The Hedge Fund company now holds 47,000 shares of AEO which is valued at $889,710. American Eagle Outfitters makes up approx 0.16% of Catalyst Capital Advisors’s portfolio. Rational Advisors added AEO to its portfolio by purchasing 27,000 company shares during the most recent quarter which is valued at $511,110. American Eagle Outfitters makes up approx 0.35% of Rational Advisors’s portfolio.California Public Employees Retirement System boosted its stake in AEO in the latest quarter, The investment management firm added 3,900 additional shares and now holds a total of 714,846 shares of American Eagle Outfitters which is valued at $12,881,525. American Eagle Outfitters makes up approx 0.02% of California Public Employees Retirement System’s portfolio.

American Eagle Outfitters closed down -0.36 points or -1.94% at $18.18 with 44,27,221 shares getting traded on Thursday. Post opening the session at $18.49, the shares hit an intraday low of $18.02 and an intraday high of $18.5 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, American Eagle Outfitters reported $0.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 17, 2016. Analyst had a consensus of $0.21. The company had revenue of $822.60 million for the quarter, compared to analysts expectations of $821.16 million. The company’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.17 EPS.

Many Wall Street Analysts have commented on American Eagle Outfitters. Company shares were Reiterated by FBR Capital on Aug 18, 2016 to “Outperform”, Firm has raised the Price Target to $ 22 from a previous price target of $19 .Company shares were Reiterated by Mizuho on Aug 17, 2016 to “Neutral”, Firm has raised the Price Target to $ 18 from a previous price target of $16 .Company shares were Reiterated by Telsey Advisory Group on Aug 15, 2016 to “Market Perform”, Firm has raised the Price Target to $ 22 from a previous price target of $18 .

American Eagle Outfitters Inc. is an apparel and accessories retailer. The Company offers clothing accessories and personal care products. The Company operates under the American Eagle Outfitters and aerie by American Eagle Outfitters brands. The American Eagle Outfitters brand offers denims pants shorts sweaters fleece outerwear graphic t-shirts footwear and accessories. The aerie brand is a collection of intimates and personal care products for women such as bras and undies at the core and offerings in sleep swim and apparel. The Company offers its products online at ae.com and aerie.com and at various international store locations managed by third-party operators. The Company operates around 1000 retail stores in the United States and internationally 955 American Eagle Outfitters stores 101 aerie stand-alone stores and 99 third-party operated stores. The Company has stores in the United States Canada Mexico Hong Kong China and the United Kingdom.

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