Yousif Capital Management LLC Has $1.17 Million Position in American Eagle Outfitters, Inc. (NYSE:AEO)

Yousif Capital Management LLC trimmed its stake in American Eagle Outfitters, Inc. (NYSE:AEO) by 3.2% in the fourth quarter, HoldingsChannel reports. The firm owned 69,897 shares of the apparel retailer’s stock after selling 2,347 shares during the period. Yousif Capital Management LLC’s holdings in American Eagle Outfitters were worth $1,165,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CWM LLC grew its stake in shares of American Eagle Outfitters by 319.2% in the 3rd quarter. CWM LLC now owns 11,162 shares of the apparel retailer’s stock valued at $250,000 after buying an additional 8,499 shares during the period. Creative Planning increased its holdings in shares of American Eagle Outfitters by 15.3% during the third quarter. Creative Planning now owns 24,222 shares of the apparel retailer’s stock valued at $542,000 after acquiring an additional 3,209 shares in the last quarter. AlphaMark Advisors LLC raised its position in shares of American Eagle Outfitters by 17.2% during the third quarter. AlphaMark Advisors LLC now owns 15,173 shares of the apparel retailer’s stock worth $340,000 after purchasing an additional 2,225 shares during the period. Sequoia Financial Advisors LLC bought a new position in shares of American Eagle Outfitters in the 3rd quarter worth $226,000. Finally, Dupree Financial Group LLC acquired a new stake in American Eagle Outfitters in the 3rd quarter valued at $3,146,000. 97.33% of the stock is owned by institutional investors.

Insider Buying and Selling at American Eagle Outfitters

In other news, Director Cary D. Mcmillan sold 2,999 shares of the company’s stock in a transaction on 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 SEC, which is accessible through this link. Corporate insiders own 7.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AEO. Raymond James assumed coverage on shares of American Eagle Outfitters in a report on Friday, December 13th. They set a “market perform” rating on the stock. UBS Group dropped their price target on shares of American Eagle Outfitters from $34.00 to $32.00 and set a “buy” rating on the stock in a research report on Thursday, December 5th. Telsey Advisory Group decreased their price objective on American Eagle Outfitters from $20.00 to $18.00 and set a “market perform” rating for the company in a report on Tuesday, January 14th. JPMorgan Chase & Co. lowered their price objective on American Eagle Outfitters from $23.00 to $20.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Finally, Bank of America cut their target price on American Eagle Outfitters from $21.00 to $18.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Eleven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $21.00.

American Eagle Outfitters Trading Up 1.0 %

Shares of AEO opened at $14.35 on Friday. The stock has a 50 day moving average of $16.46 and a 200 day moving average of $18.86. The company has a market capitalization of $2.76 billion, a price-to-earnings ratio of 12.26, a PEG ratio of 0.95 and a beta of 1.53. American Eagle Outfitters, Inc. has a 12 month low of $14.11 and a 12 month high of $26.44.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings data on Wednesday, December 4th. The apparel retailer reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. The firm had revenue of $1.29 billion during 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.49 EPS. As a group, equities research analysts predict that American Eagle Outfitters, Inc. will post 1.7 earnings per share for the current year.

American Eagle Outfitters Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.49%. The ex-dividend date of this dividend was Friday, January 10th. American Eagle Outfitters’s dividend payout ratio is 42.74%.

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.