American Eagle Outfitters, Inc. (NYSE:AEO) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors trimmed its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 8.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,731 shares of the apparel retailer’s stock after selling 1,081 shares during the period. Captrust Financial Advisors’ holdings in American Eagle Outfitters were worth $196,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Blue Trust Inc. increased 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 valued at $32,000 after purchasing an additional 937 shares during the period. Huntington National Bank increased its holdings in shares of American Eagle Outfitters by 258.8% during the fourth quarter. Huntington National Bank now owns 2,045 shares of the apparel retailer’s stock valued at $34,000 after purchasing an additional 1,475 shares during the period. Principal Securities Inc. increased 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 purchasing 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 increased its holdings 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 valued at $55,000 after purchasing an additional 1,944 shares during the period. 97.33% of the stock is owned by institutional investors and hedge funds.

American Eagle Outfitters Stock Up 2.1%

NYSE:AEO opened at $10.86 on Friday. American Eagle Outfitters, Inc. has a 1-year low of $9.45 and a 1-year high of $24.26. The firm has a market capitalization of $1.87 billion, a price-to-earnings ratio of 9.28, a price-to-earnings-growth ratio of 0.82 and a beta of 1.56. The stock has a fifty day simple moving average of $11.27 and a 200 day simple moving average of $14.45.

American Eagle Outfitters Announces Dividend

The business also recently declared 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 of this dividend was Friday, April 11th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.60%. American Eagle Outfitters’s dividend payout ratio (DPR) is 29.76%.

Analysts Set New Price Targets

AEO has been the subject of several research reports. Bank of America decreased 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. BMO Capital Markets decreased their target price on American Eagle Outfitters from $15.00 to $11.00 and set a “market perform” rating for the company in a research note on Wednesday, May 14th. Telsey Advisory Group decreased their target price on American Eagle Outfitters from $18.00 to $12.00 and set a “market perform” rating for the company in a research note on Thursday, March 13th. JPMorgan Chase & Co. decreased their target price on American Eagle Outfitters from $10.00 to $9.00 and set a “neutral” rating for the company in a research note on Wednesday, May 14th. Finally, UBS Group decreased their target price on American Eagle Outfitters from $32.00 to $28.00 and set a “buy” rating for the company in a research note on Thursday, March 13th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target 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.