EntryPoint Capital LLC Has $739,000 Stake in American Eagle Outfitters, Inc. (NYSE:AEO)

EntryPoint Capital LLC lifted its holdings in American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 124.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,314 shares of the apparel retailer's stock after purchasing an additional 24,567 shares during the period. American Eagle Outfitters comprises 0.3% of EntryPoint Capital LLC's holdings, making the stock its 21st biggest holding. EntryPoint Capital LLC's holdings in American Eagle Outfitters were worth $739,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Blue Trust Inc. lifted its holdings in shares of American Eagle Outfitters by 95.7% during the fourth quarter. Blue Trust Inc. now owns 1,916 shares of the apparel retailer's stock valued at $32,000 after purchasing an additional 937 shares during the last quarter. Xponance Inc. raised its holdings in 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 buying an additional 1,082 shares during the period. Advisors Asset Management Inc. lifted its stake in American Eagle Outfitters by 171.1% during the third 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 in the last quarter. Bridge City Capital LLC boosted its holdings in shares of American Eagle Outfitters by 0.9% in the fourth quarter. Bridge City Capital LLC now owns 171,943 shares of the apparel retailer's stock worth $2,866,000 after buying an additional 1,615 shares during the period. Finally, Candriam S.C.A. boosted its holdings in shares of American Eagle Outfitters by 16.2% in the fourth quarter. Candriam S.C.A. now owns 12,942 shares of the apparel retailer's stock worth $216,000 after buying an additional 1,800 shares during the period. 97.33% of the stock is currently owned by institutional investors.

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Insider Activity

In other news, Director Cary D. Mcmillan sold 2,999 shares of the company's stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $16.02, for a total transaction of $48,043.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 7.30% of the stock is owned by insiders.

American Eagle Outfitters Stock Performance

Shares of NYSE AEO traded down $0.50 during trading hours on Friday, hitting $11.42. The stock had a trading volume of 5,447,154 shares, compared to its average volume of 4,864,572. The firm's 50-day moving average price is $13.92 and its two-hundred day moving average price is $17.07. American Eagle Outfitters, Inc. has a 52 week low of $10.74 and a 52 week high of $26.25. The company has a market capitalization of $2.19 billion, a P/E ratio of 9.76, a P/E/G 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. Stockholders of record on Friday, April 11th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, April 11th. This represents a $0.50 annualized dividend and a dividend yield of 4.38%. American Eagle Outfitters's dividend payout ratio (DPR) is 29.76%.

Analysts Set New Price Targets

Several equities research analysts recently commented on AEO shares. 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 research report on Thursday, March 13th. StockNews.com lowered American Eagle Outfitters from a "buy" rating to a "hold" rating in a report on Wednesday, March 19th. Bank of America decreased their target price on American Eagle Outfitters from $18.00 to $13.00 and set a "neutral" rating for the company in a research report on Friday, March 14th. Citigroup set a $13.00 price target on American Eagle Outfitters and gave the company a "neutral" rating in a research report on Tuesday, March 11th. Finally, BMO Capital Markets restated a "market perform" rating and set a $15.00 price objective (down from $19.00) on shares of American Eagle Outfitters in a research report on Tuesday, March 11th. Eleven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $16.00.

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.