2 weeks Ago By ABMN Staff
Sei Investments Co. lessened its position in American Eagle Outfitters, Inc. ( NYSE:AEO – Free Report ) by 1.
2% during the 4th quarter, Holdings Channel reports. The firm owned 352,826 shares of the apparel retailer’s stock after selling 4,263 shares during the quarter. Sei Investments Co.
’s holdings in American Eagle Outfitters were worth $5,882,000 at the end of the most recent reporting period. Other hedge funds have also made changes to their positions in the company. American Century Companies Inc.
boosted its stake in American Eagle Outfitters by 9.4% in the fourth quarter. American Century Companies Inc.
now owns 5,505,340 shares of the apparel retailer’s stock worth $91,774,000 after purchasing an additional 472,683 shares in the last quarter. Blueshift Asset Management LLC bought a new stake in American Eagle Outfitters during the 4th quarter worth about $1,146,000. Trivest Advisors Ltd bought a new stake in American Eagle Outfitters during the 4th quarter worth about $4,948,000.
Xponance Inc. increased its position in American Eagle Outfitters by 9.1% in the 4th quarter.
Xponance Inc. now owns 13,036 shares of the apparel retailer’s stock valued at $217,000 after acquiring an additional 1,082 shares in the last quarter. Finally, Intech Investment Management LLC lifted its position in shares of American Eagle Outfitters by 29.
2% during the fourth quarter. Intech Investment Management LLC now owns 215,336 shares of the apparel retailer’s stock worth $3,590,000 after purchasing an additional 48,719 shares in the last quarter. Institutional investors and hedge funds own 97.
33% of the company’s stock. Analysts Set New Price Targets Several research analysts recently weighed in on the stock. JPMorgan Chase & Co.
dropped their price objective on shares of American Eagle Outfitters from $19.00 to $15.00 and set a “neutral” rating for the company in a research report on Thursday, March 13th.
UBS Group cut their price target on American Eagle Outfitters from $32.00 to $28.00 and set a “buy” rating on the stock in a research note on Thursday, March 13th.
Bank of America reduced their price objective on shares of American Eagle Outfitters from $18.00 to $13.00 and set a “neutral” rating on the stock in a research note on Friday, March 14th.
StockNews.com downgraded shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a research report on Wednesday, March 19th. Finally, Raymond James began coverage on American Eagle Outfitters in a report on Friday, December 13th.
They issued a “market perform” rating for the company. Eleven research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $16.
00. Insiders Place Their Bets In other American Eagle Outfitters news, Director Cary D. Mcmillan sold 2,999 shares of the firm’s stock in a transaction dated Thursday, January 16th.
The stock was sold at an average price of $16.02, for a total value of $48,043.98.
The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink . Company insiders own 7.30% of the company’s stock.
American Eagle Outfitters Trading Up 5.1 % NYSE AEO opened at $12.22 on Wednesday.
The business has a fifty day simple moving average of $13.74 and a 200 day simple moving average of $16.94.
The firm has a market capitalization of $2.11 billion, a P/E ratio of 10.44, a PEG ratio of 0.
82 and a beta of 1.57. American Eagle Outfitters, Inc.
has a 12 month low of $10.74 and a 12 month high of $25.95.
American Eagle Outfitters Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be given a dividend of $0.125 per share.
The ex-dividend date of this dividend is Friday, April 11th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.
09%. American Eagle Outfitters’s dividend payout ratio is presently 29.76%.
American Eagle Outfitters Profile ( Free Report ) American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands. Featured Articles Want to see what other hedge funds are holding AEO? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for American Eagle Outfitters, Inc. ( NYSE:AEO – Free Report ). Receive News & Ratings for American Eagle Outfitters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Eagle Outfitters and related companies with MarketBeat.
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