American Eagle Outfitters, Inc. (NYSE:AEO) Shares Sold by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc reduced its position in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 10.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,316 shares of the apparel retailer’s stock after selling 7,705 shares during the period. Ensign Peak Advisors Inc’s holdings in American Eagle Outfitters were worth $1,122,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AEO. MetLife Investment Management LLC increased its stake in American Eagle Outfitters by 0.7% during the 4th quarter. MetLife Investment Management LLC now owns 105,949 shares of the apparel retailer’s stock worth $1,766,000 after buying an additional 724 shares during the period. Gallagher Fiduciary Advisors LLC increased its position in shares of American Eagle Outfitters by 5.2% during the fourth quarter. Gallagher Fiduciary Advisors LLC now owns 15,740 shares of the apparel retailer’s stock worth $262,000 after acquiring an additional 783 shares during the last quarter. TCM Advisors LLC lifted its stake in shares of American Eagle Outfitters by 2.1% in the fourth quarter. TCM Advisors LLC now owns 39,400 shares of the apparel retailer’s stock worth $657,000 after acquiring an additional 800 shares in the last quarter. Blue Trust Inc. lifted its stake 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 in the last quarter. Finally, Xponance Inc. boosted its holdings in American Eagle Outfitters by 9.1% in the fourth quarter. Xponance Inc. now owns 13,036 shares of the apparel retailer’s stock valued at $217,000 after purchasing an additional 1,082 shares during the last quarter. 97.33% of the stock is owned by institutional investors and hedge funds.

American Eagle Outfitters Stock Performance

AEO stock opened at $12.36 on Friday. American Eagle Outfitters, Inc. has a 1 year low of $9.45 and a 1 year high of $24.26. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 10.56, a PEG ratio of 0.82 and a beta of 1.56. The stock’s fifty day moving average is $11.29 and its two-hundred day moving average is $14.68.

American Eagle Outfitters Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 11th were given a $0.125 dividend. The ex-dividend date was Friday, April 11th. This represents a $0.50 annualized dividend and a yield of 4.05%. American Eagle Outfitters’s dividend payout ratio is presently 29.76%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on AEO. UBS Group dropped their price objective on American Eagle Outfitters from $32.00 to $28.00 and set a “buy” rating on the stock in a report on Thursday, March 13th. BMO Capital Markets dropped their target price on shares of American Eagle Outfitters from $15.00 to $11.00 and set a “market perform” rating for the company in a research report on Wednesday. StockNews.com cut shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a research report on Wednesday, March 19th. Citigroup set a $13.00 price target on American Eagle Outfitters and gave the stock a “neutral” rating in a research note on Tuesday, March 11th. Finally, Barclays lowered their price target on American Eagle Outfitters from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Monday, May 12th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $14.80.

American Eagle Outfitters 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.