Versor Investments LP Acquires 5,074 Shares of American Eagle Outfitters, Inc. (NYSE:AEO)

Versor Investments LP raised its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 7.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 70,874 shares of the apparel retailer’s stock after purchasing an additional 5,074 shares during the quarter. Versor Investments LP’s holdings in American Eagle Outfitters were worth $1,181,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Investors Research Corp boosted its stake in American Eagle Outfitters by 1.4% in the 3rd quarter. Investors Research Corp now owns 46,239 shares of the apparel retailer’s stock worth $1,035,000 after purchasing an additional 650 shares during the period. Blue Trust Inc. boosted its stake in American Eagle Outfitters by 95.7% in the 4th quarter. Blue Trust Inc. now owns 1,916 shares of the apparel retailer’s stock worth $32,000 after purchasing an additional 937 shares during the period. Segall Bryant & Hamill LLC boosted its stake in American Eagle Outfitters by 2.1% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 49,669 shares of the apparel retailer’s stock worth $1,112,000 after purchasing an additional 1,033 shares during the period. Nisa Investment Advisors LLC boosted its stake in American Eagle Outfitters by 7.5% in the 3rd quarter. Nisa Investment Advisors LLC now owns 20,840 shares of the apparel retailer’s stock worth $467,000 after purchasing an additional 1,446 shares during the period. Finally, Advisors Asset Management Inc. boosted its stake in American Eagle Outfitters by 171.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,548 shares of the apparel retailer’s stock worth $57,000 after purchasing an additional 1,608 shares during the period. Institutional investors own 97.33% of the company’s stock.

Insider Buying and Selling at American Eagle Outfitters

In other American Eagle Outfitters news, Director Cary D. Mcmillan sold 2,999 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $16.02, for a total value of $48,043.98. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 7.30% of the company’s stock.

American Eagle Outfitters Trading Down 2.7 %

NYSE AEO opened at $13.08 on Friday. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 11.18, a P/E/G ratio of 0.82 and a beta of 1.53. The firm’s 50 day simple moving average is $15.80 and its 200 day simple moving average is $18.38. American Eagle Outfitters, Inc. has a 1 year low of $13.03 and a 1 year high of $26.44.

American Eagle Outfitters (NYSE:AEO) last issued its earnings results on Wednesday, December 4th. The apparel retailer reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. American Eagle Outfitters had a net margin of 4.28% and a return on equity of 20.75%. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter last year, the business posted $0.49 earnings per share. The company’s quarterly revenue was down .9% on a year-over-year basis. On average, equities research analysts forecast 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 announced a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were given a $0.125 dividend. The ex-dividend date was Friday, January 10th. This represents a $0.50 dividend on an annualized basis and a yield of 3.82%. American Eagle Outfitters’s dividend payout ratio is currently 42.74%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. UBS Group reduced their price objective on shares of American Eagle Outfitters from $34.00 to $32.00 and set a “buy” rating for the company in a research note on Thursday, December 5th. Telsey Advisory Group lowered their price target on shares of American Eagle Outfitters from $20.00 to $18.00 and set a “market perform” rating on the stock in a report on Tuesday, January 14th. Barclays reissued an “equal weight” rating and issued a $17.00 price target (down from $19.00) on shares of American Eagle Outfitters in a report on Wednesday, February 5th. Jefferies Financial Group lowered their target price on shares of American Eagle Outfitters from $22.00 to $19.00 and set a “hold” rating on the stock in a report on Tuesday, November 12th. Finally, Morgan Stanley cut shares of American Eagle Outfitters from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $19.00 to $17.00 in a report on Wednesday, February 5th. Nine research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, American Eagle Outfitters presently has an average rating of “Hold” and a consensus target price of $20.44.

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.