New Age Alpha Advisors LLC Purchases New Holdings in American Eagle Outfitters, Inc. (NYSE:AEO)

New Age Alpha Advisors LLC acquired a new position in shares of American Eagle Outfitters, Inc. (NYSE:AEO) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 10,136 shares of the apparel retailer’s stock, valued at approximately $169,000.

A number of other hedge funds have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of American Eagle Outfitters by 2.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 411,626 shares of the apparel retailer’s stock worth $9,216,000 after purchasing an additional 11,742 shares in the last quarter. Martingale Asset Management L P acquired a new stake in shares of American Eagle Outfitters in the third quarter valued at about $319,000. Verition Fund Management LLC lifted its stake in shares of American Eagle Outfitters by 206.2% in the third quarter. Verition Fund Management LLC now owns 49,148 shares of the apparel retailer’s stock worth $1,100,000 after buying an additional 33,095 shares in the last quarter. NFJ Investment Group LLC acquired a new position in American Eagle Outfitters during the third quarter worth about $2,680,000. Finally, Polymer Capital Management HK LTD grew its stake in American Eagle Outfitters by 182.6% during the 3rd quarter. Polymer Capital Management HK LTD now owns 34,200 shares of the apparel retailer’s stock valued at $766,000 after acquiring an additional 22,100 shares in the last quarter. Institutional investors and hedge funds own 97.33% of the company’s stock.

Insider Transactions at American Eagle Outfitters

In other American Eagle Outfitters news, Director Cary D. Mcmillan sold 2,999 shares of the business’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 transaction of $48,043.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 7.30% of the company’s stock.

American Eagle Outfitters Stock Up 3.6 %

Shares of AEO stock opened at $12.65 on Thursday. American Eagle Outfitters, Inc. has a 52 week low of $10.74 and a 52 week high of $25.95. The firm has a 50 day moving average of $13.65 and a two-hundred day moving average of $16.91. The stock has a market capitalization of $2.18 billion, a PE ratio of 10.81, a P/E/G ratio of 0.82 and a beta of 1.57.

American Eagle Outfitters Dividend Announcement

The business 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. This represents a $0.50 annualized dividend and a dividend yield of 3.95%. The ex-dividend date is Friday, April 11th. American Eagle Outfitters’s payout ratio is presently 29.76%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on AEO shares. BMO Capital Markets restated a “market perform” rating and issued a $15.00 price target (down from $19.00) on shares of American Eagle Outfitters in a research report on Tuesday, March 11th. Bank of America cut their target price on American Eagle Outfitters from $18.00 to $13.00 and set a “neutral” rating for the company in a research note on Friday, March 14th. Morgan Stanley lowered their price target on shares of American Eagle Outfitters from $16.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 13th. UBS Group cut their price objective on shares of 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. Finally, JPMorgan Chase & Co. dropped their price target on shares of American Eagle Outfitters from $19.00 to $15.00 and set a “neutral” rating for the company in a research note on Thursday, March 13th. Eleven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $16.00.

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.