Townsquare Capital LLC Purchases Shares of 109,917 American Eagle Outfitters, Inc. (NYSE:AEO)

Townsquare Capital LLC purchased a new stake in American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 109,917 shares of the apparel retailer's stock, valued at approximately $1,832,000. Townsquare Capital LLC owned 0.06% of American Eagle Outfitters at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AEO. Blue Trust Inc. boosted its stake in shares of American Eagle Outfitters by 95.7% during the 4th 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. Xponance Inc. raised its holdings in American Eagle Outfitters by 9.1% during the fourth quarter. Xponance Inc. now owns 13,036 shares of the apparel retailer's stock worth $217,000 after purchasing an additional 1,082 shares during the last quarter. Huntington National Bank boosted its position in American Eagle Outfitters by 258.8% during the fourth 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 in the last quarter. Bridge City Capital LLC grew its holdings in 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 valued at $2,866,000 after purchasing an additional 1,615 shares during the last quarter. Finally, Candriam S.C.A. increased its position 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 valued at $216,000 after buying an additional 1,800 shares in the last quarter. Institutional investors and hedge funds own 97.33% of the company's stock.

American Eagle Outfitters Stock Up 2.7 %

Shares of AEO stock traded up $0.30 during mid-day trading on Tuesday, hitting $11.03. 5,740,933 shares of the company's stock were exchanged, compared to its average volume of 5,167,954. The stock has a market cap of $1.90 billion, a price-to-earnings ratio of 9.42, a PEG ratio of 0.82 and a beta of 1.40. American Eagle Outfitters, Inc. has a fifty-two week low of $9.45 and a fifty-two week high of $25.15. The stock has a 50-day simple moving average of $11.96 and a two-hundred day simple moving average of $15.79.

American Eagle Outfitters Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 4.54%. The ex-dividend date of this dividend is Friday, April 11th. American Eagle Outfitters's dividend payout ratio (DPR) is 29.76%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AEO. Citigroup set a $13.00 price objective on shares of American Eagle Outfitters and gave the stock a "neutral" rating in a research report on Tuesday, March 11th. Morgan Stanley reduced their price target on shares of American Eagle Outfitters from $16.00 to $12.00 and set an "equal weight" rating on the stock in a report on Thursday, March 13th. Bank of America dropped their price objective on shares of American Eagle Outfitters from $18.00 to $13.00 and set a "neutral" rating for the company in a research note on Friday, March 14th. BMO Capital Markets reaffirmed a "market perform" rating and issued a $15.00 target price (down previously from $19.00) on shares of American Eagle Outfitters in a research note on Tuesday, March 11th. Finally, Telsey Advisory Group lowered their target price on American Eagle Outfitters from $18.00 to $12.00 and set a "market perform" rating on the stock in a report on Thursday, March 13th. Eleven analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, American Eagle Outfitters currently has a consensus 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.