Will American Eagle’s Impressive Online Sales Gratify These Top Institutional Shareholders?

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

American Eagle Outfitters (NYSE:AEO) reported a third quarter earnings per share of $0.41 and on-record revenue of $910 million, beating by $0.02 and $37 million respectively. Online sales are up an impressive 27% while comparable store sales grew by 10%. Gross profit was up 21% to $379 million and improved by 350 bps. Outlook for the fourth quarter sees the EPS in the range $0.54-$0.56 and for the year, the EPS is in the range $1.3-$1.40.

Will American Eagle Outfitters Inc.’s shareholders increase their holdings? They reported owning a total of 165.906 million shares on 09/30/2012. The shares closed at $21.08 on 09/30/2012.

Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.

Here are the ten largest positions in American Eagle Outfitters, Inc. at the end of September 30th, 2012.

Royce & Associates LLC. held 9,506,033 shares on 09/30/2012 worth $200,387,175. This brought the portfolio total to 0.64%.

Vanguard Group Inc. held 8,227,297 shares on 09/30/2012 worth $173,431,420. This brought the portfolio total to 0.02%.

Lazard Asset Management LLC. held 7,998,227 shares on 09/30/2012 worth $168,602,625. This brought the portfolio total to 0.39%.

Bank of New York Mellon Corp. held 6,205,599 shares on 09/30/2012 worth $130,814,026. This brought the portfolio total to 0.05%.

Morgan Stanley held 6,151,687 shares on 09/30/2012 worth $129,677,561. This brought the portfolio total to 0.08%.

State Street Corp. held 5,510,316 shares on 09/30/2012 worth $116,157,461. This brought the portfolio total to 0.02%.

FMR LLC. held 5,032,401 shares on 09/30/2012 worth $106,083,013. This brought the portfolio total to 0.02%.

Blackrock Institutional Trust Company N.A. held 4,965,862 shares on 09/30/2012 worth $104,680,371. This brought the portfolio total to 0.02%.

J. P Morgan Chase & Co. held 4,500,981 shares on 09/30/2012 worth $94,880,679. This brought the portfolio total to 0.03%.

Tiaa Cref Investment Management LLC. held 4,124,386 shares on 09/30/2012 worth $86,942,057. This brought the portfolio total to 0.08%.

Knowing which stocks have institutional support will help improve your investing skills, and teach you how to ride the waves of strong moves. In fact, “S = Support is Provided By Institutional Investors & Company Insiders” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business