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

Intech Investment Management LLC increased its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 29.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 215,336 shares of the apparel retailer's stock after acquiring an additional 48,719 shares during the period. Intech Investment Management LLC owned approximately 0.11% of American Eagle Outfitters worth $3,590,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Wellington Management Group LLP lifted its position in shares of American Eagle Outfitters by 2.8% during the 3rd quarter. Wellington Management Group LLP now owns 9,749,561 shares of the apparel retailer's stock valued at $218,293,000 after acquiring an additional 268,326 shares during the period. Principal Financial Group Inc. increased its position in shares of American Eagle Outfitters by 8.4% in the third quarter. Principal Financial Group Inc. now owns 2,918,295 shares of the apparel retailer's stock valued at $65,341,000 after buying an additional 226,821 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of American Eagle Outfitters by 15.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,877,963 shares of the apparel retailer's stock worth $47,976,000 after buying an additional 381,047 shares in the last quarter. Systematic Financial Management LP increased its holdings in American Eagle Outfitters by 8.8% during the 3rd quarter. Systematic Financial Management LP now owns 1,394,167 shares of the apparel retailer's stock valued at $31,215,000 after acquiring an additional 112,367 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of American Eagle Outfitters by 2.2% in the third quarter. Franklin Resources Inc. now owns 688,869 shares of the apparel retailer's stock valued at $14,266,000 after purchasing an additional 15,038 shares in the last quarter. Hedge funds and other institutional investors own 97.33% of the company's stock.

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Wall Street Analyst Weigh In

Several research analysts recently issued reports on AEO shares. Bank of America cut their price objective 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. JPMorgan Chase & Co. decreased their price objective on American Eagle Outfitters from $19.00 to $15.00 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. Raymond James started coverage on American Eagle Outfitters in a research report on Friday, December 13th. They set a "market perform" rating for the company. Barclays lowered shares of American Eagle Outfitters from an "overweight" rating to an "equal weight" rating and reduced their target price for the company from $17.00 to $10.00 in a report on Tuesday, March 11th. Finally, Morgan Stanley lowered 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 equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $16.00.

American Eagle Outfitters Stock Performance

American Eagle Outfitters stock traded up $0.64 during midday trading on Monday, reaching $12.76. The stock had a trading volume of 8,186,061 shares, compared to its average volume of 4,729,164. The stock's 50-day simple moving average is $14.30 and its 200 day simple moving average is $17.29. American Eagle Outfitters, Inc. has a twelve month low of $10.74 and a twelve month high of $26.25. The stock has a market capitalization of $2.45 billion, a PE ratio of 10.91, a price-to-earnings-growth ratio of 0.82 and a beta of 1.57.

American Eagle Outfitters Dividend Announcement

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 paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 3.92%. The ex-dividend date is Friday, April 11th. American Eagle Outfitters's dividend payout ratio (DPR) is 29.76%.

Insider Buying and Selling at American Eagle Outfitters

In related news, Director Cary D. Mcmillan sold 2,999 shares of the business'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 transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 7.30% of the stock is currently owned by corporate insiders.

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.