New Age Alpha Advisors LLC Purchases Shares of 10,136 American Eagle Outfitters, Inc. (NYSE:AEO)

New Age Alpha Advisors LLC acquired a new position in shares of American Eagle Outfitters, Inc. (NYSE:AEO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 10,136 shares of the apparel retailer’s stock, valued at approximately $169,000.

Several other institutional investors have also modified their holdings of AEO. Norges Bank acquired a new stake in American Eagle Outfitters during the 4th quarter worth $35,267,000. American Century Companies Inc. grew its holdings in shares of American Eagle Outfitters by 9.4% during 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 during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of American Eagle Outfitters by 15.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,877,963 shares of the apparel retailer’s stock valued at $47,976,000 after purchasing an additional 381,047 shares during the last quarter. Hantz Financial Services Inc. boosted its position in shares of American Eagle Outfitters by 511.9% in the 4th quarter. Hantz Financial Services Inc. now owns 430,860 shares of the apparel retailer’s stock valued at $7,182,000 after purchasing an additional 360,447 shares during the period. Finally, Trivest Advisors Ltd purchased a new position in American Eagle Outfitters during the 4th quarter worth approximately $4,948,000. Hedge funds and other institutional investors own 97.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on AEO shares. BMO Capital Markets reiterated a “market perform” rating and issued a $15.00 price objective (down previously from $19.00) on shares of American Eagle Outfitters in a research note on Tuesday, March 11th. UBS Group reduced their price target on shares of American Eagle Outfitters from $32.00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, March 13th. StockNews.com lowered shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a research note on Wednesday, March 19th. Raymond James began coverage on shares of American Eagle Outfitters in a research note on Friday, December 13th. They set a “market perform” rating for the company. Finally, Barclays cut American Eagle Outfitters from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $17.00 to $10.00 in a research 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, the company 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 business’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $16.02, for a total transaction of $48,043.98. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 7.30% of the stock is currently owned by company insiders.

American Eagle Outfitters Stock Up 3.6 %

Shares of NYSE:AEO opened at $12.65 on Thursday. The company has a 50-day moving average price of $13.65 and a 200 day moving average price of $16.91. American Eagle Outfitters, Inc. has a 52 week low of $10.74 and a 52 week high of $25.95. The company has a market cap of $2.18 billion, a P/E ratio of 10.81, a PEG ratio of 0.82 and a beta of 1.57.

American Eagle Outfitters Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be paid a $0.125 dividend. 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 3.95%. American Eagle Outfitters’s dividend payout ratio (DPR) is presently 29.76%.

About American Eagle Outfitters

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.