Mackay Shields Has Cut Holding in American Eagle Outfitters Ne (AEO) by $12.35 Million; America Movil Sab De Cv L Adr (AMX) Holder Capital International Sarl Boosted Its Stake by $7.07 Million

April 19, 2018 - By Winifred Garcia

American Eagle Outfitters, Inc. (NYSE:AEO) Logo

Capital International Sarl increased its stake in America Movil Sab De Cv L Adr (AMX) by 11.61% based on its latest 2017Q4 regulatory filing with the SEC. Capital International Sarl bought 415,800 shares as the company’s stock rose 12.62% while stock markets declined. The institutional investor held 4.00M shares of the public utilities company at the end of 2017Q4, valued at $68.56M, up from 3.58M at the end of the previous reported quarter. Capital International Sarl who had been investing in America Movil Sab De Cv L Adr for a number of months, seems to be bullish on the $62.21 billion market cap company. The stock decreased 1.76% or $0.35 during the last trading session, reaching $19.52. About 5.39M shares traded or 134.44% up from the average. América Móvil, S.A.B. de C.V. (NYSE:AMX) has risen 33.47% since April 19, 2017 and is uptrending. It has outperformed by 21.92% the S&P500.

Mackay Shields Llc decreased its stake in American Eagle Outfitters Ne (AEO) by 26.8% based on its latest 2017Q4 regulatory filing with the SEC. Mackay Shields Llc sold 686,330 shares as the company’s stock rose 3.61% while stock markets declined. The institutional investor held 1.87 million shares of the consumer services company at the end of 2017Q4, valued at $35.24 million, down from 2.56M at the end of the previous reported quarter. Mackay Shields Llc who had been investing in American Eagle Outfitters Ne for a number of months, seems to be less bullish one the $3.78 billion market cap company. The stock decreased 1.21% or $0.26 during the last trading session, reaching $21.29. About 3.75 million shares traded. American Eagle Outfitters, Inc. (NYSE:AEO) has risen 39.60% since April 19, 2017 and is uptrending. It has outperformed by 28.05% the S&P500.

Mackay Shields Llc, which manages about $81.03 billion and $2.74 billion US Long portfolio, upped its stake in Atlas Air Worldwide Hldgs In (Prn) by 1.54 million shares to 34.54 million shares, valued at $39.76 million in 2017Q4, according to the filing. It also increased its holding in Alza Corp (Prn) by 1.48 million shares in the quarter, for a total of 8.93M shares, and has risen its stake in Citrix Sys Inc (Prn).

Among 29 analysts covering American Eagle Outfitters (NYSE:AEO), 15 have Buy rating, 2 Sell and 12 Hold. Therefore 52% are positive. American Eagle Outfitters had 96 analyst reports since August 4, 2015 according to SRatingsIntel. As per Wednesday, April 27, the company rating was downgraded by BMO Capital Markets. The rating was maintained by SunTrust with “Buy” on Thursday, August 24. Wolfe Research maintained it with “Peer Perform” rating and $14 target in Thursday, March 2 report. FBR Capital upgraded the stock to “Buy” rating in Tuesday, August 15 report. The firm has “Sell” rating by Morgan Stanley given on Tuesday, August 25. On Wednesday, January 25 the stock rating was upgraded by Telsey Advisory Group to “Outperform”. Sterne Agee CRT maintained it with “Hold” rating and $17 target in Thursday, August 20 report. The rating was maintained by RBC Capital Markets on Tuesday, October 3 with “Buy”. The stock has “Buy” rating by RBC Capital Markets on Monday, November 13. The stock has “Hold” rating by Wunderlich on Saturday, August 15.

Analysts await American Eagle Outfitters, Inc. (NYSE:AEO) to report earnings on May, 16. They expect $0.22 EPS, up 37.50% or $0.06 from last year’s $0.16 per share. AEO’s profit will be $39.07M for 24.19 P/E if the $0.22 EPS becomes a reality. After $0.44 actual EPS reported by American Eagle Outfitters, Inc. for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.

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