Hussman Strategic Advisors Inc. Has $2.45 Million Holdings in American Eagle Outfitters, Inc. (NYSE:AEO)

Hussman Strategic Advisors Inc. grew its position in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 40.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 147,000 shares of the apparel retailer's stock after buying an additional 42,000 shares during the quarter. Hussman Strategic Advisors Inc. owned approximately 0.08% of American Eagle Outfitters worth $2,450,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Wellington Management Group LLP boosted its holdings in shares of American Eagle Outfitters by 2.8% in the 3rd quarter. Wellington Management Group LLP now owns 9,749,561 shares of the apparel retailer's stock worth $218,293,000 after acquiring an additional 268,326 shares in the last quarter. Congress Asset Management Co. acquired a new position in American Eagle Outfitters in the third quarter worth $119,691,000. Victory Capital Management Inc. grew its holdings 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 during the last quarter. Principal Financial Group Inc. grew its holdings in shares of American Eagle Outfitters by 8.4% during the third quarter. Principal Financial Group Inc. now owns 2,918,295 shares of the apparel retailer's stock worth $65,341,000 after purchasing an additional 226,821 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of American Eagle Outfitters by 12.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,496,916 shares of the apparel retailer's stock valued at $55,906,000 after buying an additional 281,548 shares in the last quarter. Institutional investors and hedge funds own 97.33% of the company's stock.

Insiders Place Their Bets

In other American Eagle Outfitters news, Director Cary D. Mcmillan sold 2,999 shares of the 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 7.30% of the company's stock.

American Eagle Outfitters Stock Down 4.4 %

Shares of American Eagle Outfitters stock traded down $0.64 during trading on Friday, reaching $13.76. 3,878,006 shares of the company were exchanged, compared to its average volume of 4,137,524. The business has a 50-day moving average price of $16.07 and a 200-day moving average price of $18.58. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of 11.76, a P/E/G ratio of 0.86 and a beta of 1.53. American Eagle Outfitters, Inc. has a twelve month low of $13.64 and a twelve month high of $26.44.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last posted its earnings results on Wednesday, December 4th. The apparel retailer reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.02. The company had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.30 billion. American Eagle Outfitters had a return on equity of 20.75% and a net margin of 4.28%. The company's revenue for the quarter was down .9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.49 EPS. On average, equities research analysts forecast that American Eagle Outfitters, Inc. will post 1.7 EPS for the current fiscal year.

American Eagle Outfitters Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were issued a $0.125 dividend. The ex-dividend date was Friday, January 10th. This represents a $0.50 annualized dividend and a yield of 3.64%. American Eagle Outfitters's dividend payout ratio (DPR) is presently 42.74%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on AEO shares. 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 on the stock in a research report on Thursday, December 5th. Morgan Stanley cut shares of American Eagle Outfitters from an "overweight" rating to an "equal weight" rating and decreased their price target for the company from $19.00 to $17.00 in a research note on Wednesday, February 5th. Bank of America dropped their price objective on shares of American Eagle Outfitters from $21.00 to $18.00 and set a "neutral" rating for the company in a research report on Wednesday, January 15th. JPMorgan Chase & Co. reduced their price objective on American Eagle Outfitters from $23.00 to $20.00 and set a "neutral" rating on the stock in a report on Wednesday, January 8th. Finally, StockNews.com downgraded American Eagle Outfitters from a "buy" rating to a "hold" rating in a research report on Thursday, February 13th. Eleven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, American Eagle Outfitters has an average rating of "Hold" and a consensus target price of $21.00.

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.