Intech Investment Management LLC Has $3.59 Million Position in American Eagle Outfitters, Inc. (NYSE:AEO)

Intech Investment Management LLC boosted its stake in American Eagle Outfitters, Inc. (NYSE:AEO) by 29.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 215,336 shares of the apparel retailer’s stock after acquiring an additional 48,719 shares during the period. Intech Investment Management LLC’s holdings in American Eagle Outfitters were worth $3,590,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in AEO. Blue Trust Inc. boosted its holdings in American Eagle Outfitters by 95.7% in the fourth quarter. Blue Trust Inc. now owns 1,916 shares of the apparel retailer’s stock valued at $32,000 after acquiring an additional 937 shares during the last quarter. Principal Securities Inc. boosted its holdings in American Eagle Outfitters by 2,239.1% in the fourth quarter. Principal Securities Inc. now owns 2,573 shares of the apparel retailer’s stock valued at $43,000 after acquiring an additional 2,463 shares during the last quarter. Park Place Capital Corp bought a new stake in American Eagle Outfitters in the fourth quarter valued at approximately $45,000. Smartleaf Asset Management LLC boosted its holdings in American Eagle Outfitters by 137.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,358 shares of the apparel retailer’s stock valued at $55,000 after acquiring an additional 1,944 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in American Eagle Outfitters by 171.1% in the third quarter. Advisors Asset Management Inc. now owns 2,548 shares of the apparel retailer’s stock valued at $57,000 after acquiring an additional 1,608 shares during the last quarter. 97.33% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on AEO. UBS Group reduced their target price on American Eagle Outfitters from $32.00 to $28.00 and set a “buy” rating on the stock in a report on Thursday, March 13th. Raymond James assumed coverage on American Eagle Outfitters in a report on Friday, December 13th. They set a “market perform” rating on the stock. JPMorgan Chase & Co. cut their price target on American Eagle Outfitters from $19.00 to $15.00 and set a “neutral” rating on the stock in a report on Thursday, March 13th. Telsey Advisory Group cut their price target on American Eagle Outfitters from $18.00 to $12.00 and set a “market perform” rating on the stock in a report on Thursday, March 13th. Finally, BMO Capital Markets restated a “market perform” rating and set a $15.00 price target (down from $19.00) on shares of American Eagle Outfitters in a report on Tuesday, March 11th. Eleven research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, American Eagle Outfitters currently has a consensus rating of “Hold” and a consensus price target of $16.00.

Insider Buying and Selling

In related news, Director Cary D. Mcmillan sold 2,999 shares of the stock in a transaction on 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 document filed with the Securities & Exchange Commission, which is available through this hyperlink. 7.30% of the stock is owned by company insiders.

American Eagle Outfitters Stock Down 1.5 %

Shares of AEO opened at $11.92 on Thursday. American Eagle Outfitters, Inc. has a 12-month low of $10.74 and a 12-month high of $26.25. The business’s fifty day moving average is $14.48 and its 200 day moving average is $17.42. The stock has a market cap of $2.29 billion, a P/E ratio of 10.19, a P/E/G ratio of 0.82 and a beta of 1.57.

American Eagle Outfitters Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date of this dividend is Friday, April 11th. American Eagle Outfitters’s dividend payout ratio is currently 29.76%.

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.