American Eagle Outfitters, Inc. (NYSE:AEO) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its position in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 15.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,877,963 shares of the apparel retailer's stock after purchasing an additional 381,047 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.50% of American Eagle Outfitters worth $47,976,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Investors Research Corp boosted its stake in shares of American Eagle Outfitters by 1.4% during the 3rd quarter. Investors Research Corp now owns 46,239 shares of the apparel retailer's stock worth $1,035,000 after purchasing an additional 650 shares during the period. Blue Trust Inc. boosted its position in American Eagle Outfitters by 95.7% in the 4th quarter. Blue Trust Inc. now owns 1,916 shares of the apparel retailer's stock valued at $32,000 after buying an additional 937 shares during the period. Segall Bryant & Hamill LLC boosted its position in American Eagle Outfitters by 2.1% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 49,669 shares of the apparel retailer's stock valued at $1,112,000 after buying an additional 1,033 shares during the period. Advisors Asset Management Inc. boosted its position in American Eagle Outfitters by 171.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,548 shares of the apparel retailer's stock valued at $57,000 after buying an additional 1,608 shares during the period. Finally, Smartleaf Asset Management LLC boosted its position in American Eagle Outfitters by 137.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,358 shares of the apparel retailer's stock valued at $55,000 after buying 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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American Eagle Outfitters Trading Up 0.7 %

Shares of AEO stock traded up $0.09 during trading hours on Tuesday, hitting $12.12. The company's stock had a trading volume of 7,219,646 shares, compared to its average volume of 4,693,429. The company has a 50 day moving average of $14.66 and a 200 day moving average of $17.52. The stock has a market cap of $2.33 billion, a PE ratio of 10.35, a price-to-earnings-growth ratio of 0.82 and a beta of 1.57. American Eagle Outfitters, Inc. has a 12-month low of $10.74 and a 12-month high of $26.25.

American Eagle Outfitters Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 4.13%. The ex-dividend date of this dividend is Friday, April 11th. American Eagle Outfitters's dividend payout ratio (DPR) is presently 29.76%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Raymond James assumed coverage on shares of American Eagle Outfitters in a report on Friday, December 13th. They issued a "market perform" rating for the company. Telsey Advisory Group reduced their price target on shares of American Eagle Outfitters from $18.00 to $12.00 and set a "market perform" rating for the company in a report on Thursday, March 13th. StockNews.com lowered shares of American Eagle Outfitters from a "buy" rating to a "hold" rating in a report on Monday, March 10th. Bank of America reduced their price target on shares of American Eagle Outfitters from $18.00 to $13.00 and set a "neutral" rating for the company in a report on Friday. Finally, Morgan Stanley reduced their price target on shares of American Eagle Outfitters from $16.00 to $12.00 and set an "equal weight" rating for the company in a report on Thursday, March 13th. Eleven research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, American Eagle Outfitters presently has an average rating of "Hold" and a consensus target price 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 shares were sold at an average price of $16.02, for a total transaction of $48,043.98. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 7.30% of the stock is currently owned by insiders.

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.