American Eagle Outfitters, Inc. (NYSE:AEO) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA trimmed its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 6.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 147,850 shares of the apparel retailer’s stock after selling 11,033 shares during the period. Leeward Investments LLC MA owned 0.08% of American Eagle Outfitters worth $2,465,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Creative Planning boosted its position in shares of American Eagle Outfitters by 15.3% in the third quarter. Creative Planning now owns 24,222 shares of the apparel retailer’s stock worth $542,000 after buying an additional 3,209 shares during the period. Sequoia Financial Advisors LLC purchased a new position in American Eagle Outfitters in the 3rd quarter worth approximately $226,000. Hennion & Walsh Asset Management Inc. grew its position in American Eagle Outfitters by 8.5% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 36,267 shares of the apparel retailer’s stock valued at $812,000 after acquiring an additional 2,855 shares in the last quarter. Mount Yale Investment Advisors LLC purchased a new stake in shares of American Eagle Outfitters during the third quarter valued at approximately $199,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of American Eagle Outfitters during the third quarter valued at approximately $233,000. 97.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

AEO has been the subject of a number of recent analyst reports. Barclays reaffirmed an “equal weight” rating and set a $17.00 price target (down from $19.00) on shares of American Eagle Outfitters in a report on Wednesday, February 5th. BMO Capital Markets lowered their target price on American Eagle Outfitters from $22.00 to $20.00 and set a “market perform” rating for the company in a research note on Thursday, December 5th. StockNews.com cut American Eagle Outfitters from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th. JPMorgan Chase & Co. lowered their price objective on American Eagle Outfitters from $23.00 to $20.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Finally, Morgan Stanley lowered American Eagle Outfitters from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $19.00 to $17.00 in a research report on Wednesday, February 5th. Eleven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $21.00.

American Eagle Outfitters Trading Down 4.4 %

Shares of AEO opened at $13.76 on Monday. American Eagle Outfitters, Inc. has a 52 week low of $13.64 and a 52 week high of $26.44. The firm has a market cap of $2.64 billion, a price-to-earnings ratio of 11.76, a PEG ratio of 0.85 and a beta of 1.53. The stock has a 50 day moving average of $16.07 and a 200-day moving average of $18.55.

American Eagle Outfitters (NYSE:AEO) last released its earnings results on Wednesday, December 4th. The apparel retailer reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.02. American Eagle Outfitters had a net margin of 4.28% and a return on equity of 20.75%. The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the previous year, the firm earned $0.49 earnings per share. The firm’s revenue for the quarter was down .9% compared to the same quarter last year. On average, sell-side analysts predict that American Eagle Outfitters, Inc. will post 1.7 earnings per share for the current fiscal year.

American Eagle Outfitters Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 10th were paid a dividend of $0.125 per share. The ex-dividend date was Friday, January 10th. This represents a $0.50 annualized dividend and a yield of 3.64%. American Eagle Outfitters’s dividend payout ratio (DPR) is 42.74%.

Insiders Place Their Bets

In other news, Director Cary D. Mcmillan sold 2,999 shares of the stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $16.02, for a total transaction of $48,043.98. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 7.30% of the stock is currently owned by corporate insiders.

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.