Diversified Trust Co Acquires 4,034 Shares of American Eagle Outfitters, Inc. (NYSE:AEO)

Diversified Trust Co raised its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 11.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 39,429 shares of the apparel retailer’s stock after acquiring an additional 4,034 shares during the period. Diversified Trust Co’s holdings in American Eagle Outfitters were worth $657,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Congress Asset Management Co. bought a new position in American Eagle Outfitters during the 3rd quarter worth approximately $119,691,000. Victory Capital Management Inc. boosted its position in shares of American Eagle Outfitters by 40.6% during the third quarter. Victory Capital Management Inc. now owns 4,370,626 shares of the apparel retailer’s stock worth $97,858,000 after purchasing an additional 1,262,693 shares in the last quarter. Renaissance Technologies LLC bought a new position in shares of American Eagle Outfitters during the second quarter worth $16,861,000. American Century Companies Inc. grew its holdings in shares of American Eagle Outfitters by 18.1% in the 2nd quarter. American Century Companies Inc. now owns 4,472,073 shares of the apparel retailer’s stock valued at $89,263,000 after buying an additional 684,420 shares during the period. Finally, Soros Capital Management LLC bought a new stake in shares of American Eagle Outfitters in the 3rd quarter valued at $11,519,000. Institutional investors own 97.33% of the company’s stock.

Insider Buying and Selling

In related news, Director Cary D. Mcmillan sold 2,283 shares of the firm’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $21.49, for a total value of $49,061.67. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 7.30% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AEO. Barclays decreased their target price on American Eagle Outfitters from $26.00 to $22.00 and set an “overweight” rating for the company in a research note on Friday, December 6th. StockNews.com upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating in a research report on Monday, January 6th. Raymond James assumed coverage on shares of American Eagle Outfitters in a report on Friday, December 13th. They set a “market perform” rating on the stock. BMO Capital Markets reduced their price target on shares of American Eagle Outfitters from $22.00 to $20.00 and set a “market perform” rating for the company in a report on Thursday, December 5th. Finally, Telsey Advisory Group dropped their price objective on shares of American Eagle Outfitters from $23.00 to $20.00 and set a “market perform” rating on the stock in a report on Thursday, December 5th. One analyst has rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $22.10.

American Eagle Outfitters Trading Down 1.6 %

Shares of AEO stock opened at $16.26 on Friday. The firm’s fifty day moving average price is $17.74 and its two-hundred day moving average price is $19.62. American Eagle Outfitters, Inc. has a 1 year low of $15.85 and a 1 year high of $26.44. The firm has a market capitalization of $3.12 billion, a P/E ratio of 13.90, a PEG ratio of 1.12 and a beta of 1.53.

American Eagle Outfitters (NYSE:AEO) last released its earnings results on Wednesday, December 4th. The apparel retailer reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. American Eagle Outfitters had a return on equity of 20.75% and a net margin of 4.28%. The business had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the previous year, the business earned $0.49 earnings per share. American Eagle Outfitters’s quarterly revenue was down .9% on a year-over-year basis. As a group, equities research analysts forecast that American Eagle Outfitters, Inc. will post 1.69 EPS for the current fiscal year.

American Eagle Outfitters Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Friday, January 10th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.08%. The ex-dividend date of this dividend is Friday, January 10th. American Eagle Outfitters’s payout ratio is presently 42.74%.

American Eagle Outfitters Company Profile

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.