American Eagle Outfitters, Inc. (NYSE:AEO) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. decreased its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,215,452 shares of the apparel retailer's stock after selling 107,207 shares during the period. Vanguard Group Inc. owned approximately 11.04% of American Eagle Outfitters worth $353,662,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Blue Trust Inc. grew its holdings in American Eagle Outfitters by 95.7% during the fourth quarter. Blue Trust Inc. now owns 1,916 shares of the apparel retailer's stock worth $32,000 after acquiring an additional 937 shares during the period. Xponance Inc. boosted its position in shares of American Eagle Outfitters by 9.1% during the 4th quarter. Xponance Inc. now owns 13,036 shares of the apparel retailer's stock worth $217,000 after purchasing an additional 1,082 shares in the last quarter. Bridge City Capital LLC grew its stake in shares of American Eagle Outfitters by 0.9% during the 4th quarter. Bridge City Capital LLC now owns 171,943 shares of the apparel retailer's stock worth $2,866,000 after purchasing an additional 1,615 shares during the period. Candriam S.C.A. increased its holdings in shares of American Eagle Outfitters by 16.2% in the 4th quarter. Candriam S.C.A. now owns 12,942 shares of the apparel retailer's stock valued at $216,000 after purchasing an additional 1,800 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in shares of 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 purchasing an additional 1,944 shares during the period. 97.33% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Several brokerages have weighed in on AEO. Telsey Advisory Group lowered their target price on shares of American Eagle Outfitters from $18.00 to $12.00 and set a "market perform" rating on the stock in a research report on Thursday, March 13th. Citigroup set a $13.00 price objective on American Eagle Outfitters and gave the company a "neutral" rating in a research note on Tuesday, March 11th. StockNews.com cut American Eagle Outfitters from a "buy" rating to a "hold" rating in a report on Wednesday, March 19th. BMO Capital Markets reissued a "market perform" rating and issued a $15.00 target price (down previously from $19.00) on shares of American Eagle Outfitters in a report on Tuesday, March 11th. Finally, UBS Group cut their price target on American Eagle Outfitters from $32.00 to $28.00 and set a "buy" rating for the company in a research note on Thursday, March 13th. Eleven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $16.00.

Insider Buying and Selling

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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 7.30% of the stock is owned by company insiders.

American Eagle Outfitters Stock Performance

AEO stock traded down $0.73 during trading on Tuesday, hitting $9.62. The stock had a trading volume of 9,602,046 shares, compared to its average volume of 5,052,194. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of 8.22, a price-to-earnings-growth ratio of 0.82 and a beta of 1.40. The company's 50 day moving average price is $12.97 and its two-hundred day moving average price is $16.57. American Eagle Outfitters, Inc. has a 1-year low of $9.45 and a 1-year high of $25.50.

American Eagle Outfitters Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 5.20%. The ex-dividend date is Friday, April 11th. American Eagle Outfitters's payout ratio is 29.76%.

American Eagle Outfitters 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.