RBF Capital LLC Reduces Stock Position in American Eagle Outfitters, Inc. (NYSE:AEO)

RBF Capital LLC trimmed its holdings in American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 76.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,000 shares of the apparel retailer's stock after selling 230,000 shares during the period. RBF Capital LLC's holdings in American Eagle Outfitters were worth $1,167,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Blue Trust Inc. boosted its holdings 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 during the period. Huntington National Bank boosted its stake in American Eagle Outfitters by 258.8% in the 4th quarter. Huntington National Bank now owns 2,045 shares of the apparel retailer's stock worth $34,000 after purchasing an additional 1,475 shares during the period. Principal Securities Inc. grew its holdings in American Eagle Outfitters by 2,239.1% during the 4th quarter. Principal Securities Inc. now owns 2,573 shares of the apparel retailer's stock valued at $43,000 after buying an additional 2,463 shares in the last quarter. Park Place Capital Corp bought a new stake in shares of American Eagle Outfitters during the fourth quarter valued at about $45,000. Finally, Smartleaf Asset Management LLC lifted its holdings 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 in the last quarter. Institutional investors own 97.33% of the company's stock.

American Eagle Outfitters Trading Up 2.7 %

Shares of NYSE AEO opened at $11.03 on Wednesday. The stock has a market cap of $1.90 billion, a price-to-earnings ratio of 9.42, a P/E/G ratio of 0.82 and a beta of 1.40. The stock's 50-day moving average is $11.96 and its 200 day moving average is $15.79. American Eagle Outfitters, Inc. has a 1-year low of $9.45 and a 1-year high of $25.15.

American Eagle Outfitters Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 4.54%. The ex-dividend date of this dividend is Friday, April 11th. American Eagle Outfitters's payout ratio is presently 29.76%.

Analysts Set New Price Targets

Several equities analysts recently commented on AEO shares. JPMorgan Chase & Co. reduced their price objective on shares of American Eagle Outfitters from $15.00 to $10.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. 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. Citigroup set a $13.00 price objective on American Eagle Outfitters and gave the stock a "neutral" rating in a research report on Tuesday, March 11th. Telsey Advisory Group reduced their target price on American Eagle Outfitters from $18.00 to $12.00 and set a "market perform" rating for the company in a research report on Thursday, March 13th. Finally, BMO Capital Markets reaffirmed a "market perform" rating and issued a $15.00 price target (down previously from $19.00) on shares of American Eagle Outfitters in a report on Tuesday, March 11th. Eleven analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, American Eagle Outfitters presently has an average rating of "Hold" and an average price target of $15.50.

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.

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