Brucke Financial Inc. Acquires New Position in American Eagle Outfitters, Inc. (NYSE:AEO)

Brucke Financial Inc. bought a new position in American Eagle Outfitters, Inc. (NYSE:AEO) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,863 shares of the apparel retailer’s stock, valued at approximately $256,000.

Several other institutional investors also recently bought and sold shares of the business. Blue Trust Inc. boosted its holdings in shares of American Eagle Outfitters by 95.7% during the fourth 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 boosted its stake in American Eagle Outfitters by 258.8% in the 4th quarter. Huntington National Bank now owns 2,045 shares of the apparel retailer’s stock worth $34,000 after buying an additional 1,475 shares during the last quarter. Principal Securities Inc. boosted its stake in American Eagle Outfitters by 2,239.1% in the 4th quarter. Principal Securities Inc. now owns 2,573 shares of the apparel retailer’s stock worth $43,000 after buying an additional 2,463 shares during the last quarter. State of Wyoming purchased a new stake in American Eagle Outfitters in the 4th quarter valued at about $49,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of American Eagle Outfitters by 137.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,358 shares of the apparel retailer’s stock valued at $55,000 after acquiring an additional 1,944 shares during the last quarter. 97.33% of the stock is currently owned by institutional investors and hedge funds.

American Eagle Outfitters Price Performance

Shares of NYSE AEO opened at $10.72 on Monday. American Eagle Outfitters, Inc. has a 1-year low of $9.45 and a 1-year high of $24.26. The company has a market capitalization of $1.86 billion, a price-to-earnings ratio of 9.16, a PEG ratio of 0.82 and a beta of 1.56. The business has a 50-day moving average of $11.25 and a 200-day moving average of $14.33.

American Eagle Outfitters Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Friday, April 11th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend was Friday, April 11th. American Eagle Outfitters’s dividend payout ratio (DPR) is 29.76%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Wall Street Zen cut shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a research report on Wednesday, March 19th. Bank of America cut their target price on American Eagle Outfitters from $18.00 to $13.00 and set a “neutral” rating on the stock in a research report on Friday, March 14th. Citigroup set a $13.00 price target on American Eagle Outfitters and gave the company a “neutral” rating in a research report on Tuesday, March 11th. Morgan Stanley cut their price objective on American Eagle Outfitters from $12.00 to $11.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 6th. Finally, Barclays decreased their target price 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 research analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, American Eagle Outfitters presently has a consensus rating of “Hold” and an average target price of $14.80.

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.