109,917 Shares in American Eagle Outfitters, Inc. (NYSE:AEO) Purchased by Townsquare Capital LLC

Townsquare Capital LLC bought a new stake in American Eagle Outfitters, Inc. (NYSE:AEO) in the fourth quarter, HoldingsChannel.com reports. The fund bought 109,917 shares of the apparel retailer’s stock, valued at approximately $1,832,000.

Several other institutional investors also recently made changes to their positions in the stock. Blue Trust Inc. lifted its holdings in shares of 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 last quarter. Huntington National Bank lifted its stake in American Eagle Outfitters by 258.8% in the fourth quarter. Huntington National Bank now owns 2,045 shares of the apparel retailer’s stock valued at $34,000 after buying an additional 1,475 shares during the last quarter. Principal Securities Inc. boosted its holdings 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 valued at $43,000 after acquiring an additional 2,463 shares during the period. Park Place Capital Corp acquired a new position in shares of American Eagle Outfitters during the fourth quarter valued at $45,000. Finally, Smartleaf Asset Management LLC grew its position in shares of American Eagle Outfitters by 137.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,358 shares of the apparel retailer’s stock worth $55,000 after acquiring an additional 1,944 shares during the last quarter. 97.33% of the stock is owned by institutional investors.

Analyst Ratings Changes

AEO has been the subject of a number of analyst reports. JPMorgan Chase & Co. reduced their target price 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. UBS Group reduced their price objective on American Eagle Outfitters from $32.00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, March 13th. 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 research report on Thursday, March 13th. Morgan Stanley reduced their price target on 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. Finally, Citigroup set a $13.00 price objective on shares of American Eagle Outfitters and gave the company a “neutral” rating in a research note on Tuesday, March 11th. Eleven analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $15.50.

American Eagle Outfitters Stock Down 0.8 %

NYSE:AEO opened at $10.27 on Thursday. The business’s 50-day moving average price is $12.25 and its 200 day moving average price is $16.14. American Eagle Outfitters, Inc. has a 52-week low of $9.45 and a 52-week high of $25.15. The firm has a market cap of $1.77 billion, a P/E ratio of 8.78, a PEG ratio of 0.82 and a beta of 1.40.

American Eagle Outfitters Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be paid a $0.125 dividend. The ex-dividend date is Friday, April 11th. This represents a $0.50 annualized dividend and a dividend yield of 4.87%. American Eagle Outfitters’s dividend payout ratio is currently 29.76%.

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.