American Eagle Outfitters, Inc. (NYSE:AEO) Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. lowered its position in American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 70.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,904 shares of the apparel retailer's stock after selling 218,604 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in American Eagle Outfitters were worth $1,532,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in AEO. Blue Trust Inc. lifted its stake in shares of American Eagle Outfitters by 95.7% in 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 in the last quarter. Huntington National Bank raised its position in shares of American Eagle Outfitters by 258.8% in the 4th quarter. Huntington National Bank now owns 2,045 shares of the apparel retailer's stock valued at $34,000 after purchasing an additional 1,475 shares in the last quarter. Principal Securities Inc. grew its position in shares of American Eagle Outfitters by 2,239.1% during the fourth quarter. Principal Securities Inc. now owns 2,573 shares of the apparel retailer's stock worth $43,000 after buying an additional 2,463 shares in the last quarter. Park Place Capital Corp acquired a new stake in shares of American Eagle Outfitters during the fourth quarter worth approximately $45,000. Finally, Smartleaf Asset Management LLC increased 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 worth $55,000 after buying an additional 1,944 shares during the last quarter. Institutional investors and hedge funds own 97.33% of the company's stock.

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Insider Transactions at American Eagle Outfitters

In related 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 transaction of $48,043.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 7.30% of the company's stock.

American Eagle Outfitters Price Performance

Shares of AEO stock traded down $0.72 during trading hours on Thursday, reaching $10.55. The stock had a trading volume of 3,891,610 shares, compared to its average volume of 5,081,676. The firm has a market capitalization of $1.82 billion, a PE ratio of 9.10, a price-to-earnings-growth ratio of 0.82 and a beta of 1.40. The firm has a 50-day simple moving average of $12.77 and a 200-day simple moving average of $16.47. American Eagle Outfitters, Inc. has a twelve month low of $9.45 and a twelve month high of $25.15.

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 issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, April 11th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.74%. American Eagle Outfitters's dividend payout ratio (DPR) is presently 29.76%.

Analyst Ratings Changes

Several research analysts have weighed in on AEO shares. UBS Group decreased their price objective on shares of American Eagle Outfitters from $32.00 to $28.00 and set a "buy" rating for the company in a 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 report on Tuesday, March 11th. BMO Capital Markets reaffirmed a "market perform" rating and set a $15.00 target price (down previously from $19.00) on shares of American Eagle Outfitters in a report on Tuesday, March 11th. JPMorgan Chase & Co. lowered their price target on American Eagle Outfitters from $19.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, March 13th. Finally, Telsey Advisory Group reduced their price objective on American Eagle Outfitters from $18.00 to $12.00 and set a "market perform" rating on the stock in a research note on Thursday, March 13th. Eleven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, American Eagle Outfitters presently has a consensus rating of "Hold" and a consensus target price 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.