Ieq Capital LLC Makes New Investment in American Eagle Outfitters, Inc. (NYSE:AEO)

Ieq Capital LLC acquired a new stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 43,020 shares of the apparel retailer's stock, valued at approximately $717,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Investors Research Corp boosted its holdings in American Eagle Outfitters by 1.4% during the third quarter. Investors Research Corp now owns 46,239 shares of the apparel retailer's stock valued at $1,035,000 after purchasing an additional 650 shares in the last quarter. Blue Trust Inc. boosted 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 valued at $32,000 after purchasing an additional 937 shares in the last quarter. Segall Bryant & Hamill LLC boosted its holdings in American Eagle Outfitters by 2.1% during the third quarter. Segall Bryant & Hamill LLC now owns 49,669 shares of the apparel retailer's stock valued at $1,112,000 after purchasing an additional 1,033 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of American Eagle Outfitters by 7.5% in the 3rd quarter. Nisa Investment Advisors LLC now owns 20,840 shares of the apparel retailer's stock worth $467,000 after acquiring an additional 1,446 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in shares of 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 worth $57,000 after acquiring an additional 1,608 shares in the last quarter. 97.33% of the stock is owned by institutional investors and hedge funds.

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American Eagle Outfitters Stock Down 0.3 %

NYSE:AEO traded down $0.04 during trading hours on Friday, hitting $13.06. 5,609,580 shares of the stock were exchanged, compared to its average volume of 4,219,012. The company's 50 day moving average is $15.73 and its two-hundred day moving average is $18.32. American Eagle Outfitters, Inc. has a twelve month low of $12.79 and a twelve month high of $26.44. The company has a market capitalization of $2.51 billion, a P/E ratio of 11.16, a price-to-earnings-growth ratio of 0.82 and a beta of 1.53.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.30 billion. American Eagle Outfitters had a return on equity of 20.75% and a net margin of 4.28%. The business's revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.49 EPS. On average, equities research analysts expect that American Eagle Outfitters, Inc. will post 1.7 EPS for the current year.

American Eagle Outfitters Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 10th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.83%. The ex-dividend date was Friday, January 10th. American Eagle Outfitters's dividend payout ratio (DPR) is currently 42.74%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on AEO. Barclays reissued an "equal weight" rating and issued a $17.00 target price (down from $19.00) on shares of American Eagle Outfitters in a report on Wednesday, February 5th. BMO Capital Markets reduced their target price on American Eagle Outfitters from $22.00 to $20.00 and set a "market perform" rating on the stock in a report on Thursday, December 5th. UBS Group reduced their target price on American Eagle Outfitters from $34.00 to $32.00 and set a "buy" rating on the stock in a report on Thursday, December 5th. JPMorgan Chase & Co. reduced their target price 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, Morgan Stanley downgraded American Eagle Outfitters from an "overweight" rating to an "equal weight" rating and reduced their target price for the stock from $19.00 to $17.00 in a report on Wednesday, February 5th. Nine equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $20.44.

Insider Activity

In other news, Director Cary D. Mcmillan sold 2,999 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $16.02, for a total value of $48,043.98. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 7.30% of the stock is currently owned by company insiders.

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.