Jackson Creek Investment Advisors LLC Buys New Shares in American Eagle Outfitters, Inc. $AEO

Jackson Creek Investment Advisors LLC purchased a new position in American Eagle Outfitters, Inc. (NYSE:AEO) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 23,812 shares of the apparel retailer’s stock, valued at approximately $407,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. American Century Companies Inc. lifted its stake in shares of American Eagle Outfitters by 5.2% in the 2nd quarter. American Century Companies Inc. now owns 6,329,202 shares of the apparel retailer’s stock valued at $60,887,000 after acquiring an additional 312,168 shares during the last quarter. Russell Investments Group Ltd. increased its stake in American Eagle Outfitters by 50.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,433,460 shares of the apparel retailer’s stock worth $13,791,000 after purchasing an additional 482,534 shares during the period. Qube Research & Technologies Ltd lifted its position in American Eagle Outfitters by 9.5% in the second quarter. Qube Research & Technologies Ltd now owns 997,360 shares of the apparel retailer’s stock valued at $9,595,000 after purchasing an additional 86,241 shares during the last quarter. Panagora Asset Management Inc. boosted its stake in shares of American Eagle Outfitters by 37.1% during the second quarter. Panagora Asset Management Inc. now owns 862,000 shares of the apparel retailer’s stock valued at $8,292,000 after purchasing an additional 233,357 shares during the period. Finally, AXA S.A. boosted its stake in shares of American Eagle Outfitters by 96.6% during the second quarter. AXA S.A. now owns 861,970 shares of the apparel retailer’s stock valued at $8,292,000 after purchasing an additional 423,449 shares during the period. 97.33% of the stock is owned by institutional investors.

American Eagle Outfitters Trading Down 2.6%

AEO opened at $24.00 on Wednesday. The company has a quick ratio of 0.59, a current ratio of 1.63 and a debt-to-equity ratio of 0.13. American Eagle Outfitters, Inc. has a 52 week low of $9.27 and a 52 week high of $28.46. The stock has a market cap of $4.07 billion, a PE ratio of 20.69, a PEG ratio of 6.51 and a beta of 1.42. The business has a 50 day moving average of $25.12 and a 200-day moving average of $18.88.

American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings results on Tuesday, December 2nd. The apparel retailer reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.10. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.32 billion. American Eagle Outfitters had a return on equity of 13.82% and a net margin of 3.90%.The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 earnings per share. Equities research analysts predict that American Eagle Outfitters, Inc. will post 1.7 earnings per share for the current fiscal year.

American Eagle Outfitters Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 23rd. Investors of record on Friday, January 9th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, January 9th. American Eagle Outfitters’s dividend payout ratio (DPR) is 43.10%.

Insider Buying and Selling

In other American Eagle Outfitters news, Director Noel Joseph Spiegel sold 1,896 shares of the company’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $25.66, for a total value of $48,651.36. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Cary D. Mcmillan sold 1,896 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $26.21, for a total transaction of $49,694.16. The SEC filing for this sale provides additional information. Insiders have sold 246,839 shares of company stock valued at $6,004,388 over the last quarter. Corporate insiders own 8.70% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on AEO. Telsey Advisory Group lifted their target price on shares of American Eagle Outfitters from $25.00 to $28.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 13th. JPMorgan Chase & Co. upgraded shares of American Eagle Outfitters from an “underweight” rating to a “neutral” rating and boosted their price objective for the company from $14.00 to $20.00 in a research report on Wednesday, December 3rd. TD Cowen reaffirmed a “hold” rating on shares of American Eagle Outfitters in a research note on Wednesday, December 3rd. Morgan Stanley set a $23.00 target price on American Eagle Outfitters in a research note on Wednesday, December 3rd. Finally, Citigroup boosted their price target on American Eagle Outfitters from $18.00 to $23.00 and gave the company a “neutral” rating in a report on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $22.45.

American Eagle Outfitters Profile

American Eagle Outfitters, Inc (NYSE: AEO) is a leading American specialty retailer offering apparel, accessories and personal care products for men and women. The company’s flagship brand, American Eagle, focuses on casualwear including denim, tops, outerwear and accessories targeted primarily at teens and young adults. In addition to its core apparel lines, the company operates the Aerie brand of intimates, loungewear and swimwear, which has gained recognition for its body-positive marketing and inclusive sizing.

American Eagle Outfitters conducts business through a combination of over 900 brick-and-mortar stores in North America and Greater China, complemented by a growing e-commerce platform that serves customers around the globe.