Bridge City Capital LLC Has $2.87 Million Stake in American Eagle Outfitters, Inc. (NYSE:AEO)

Bridge City Capital LLC grew its stake in American Eagle Outfitters, Inc. (NYSE:AEO) by 0.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 171,943 shares of the apparel retailer’s stock after purchasing an additional 1,615 shares during the period. Bridge City Capital LLC owned about 0.09% of American Eagle Outfitters worth $2,866,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. lifted its holdings in shares of American Eagle Outfitters by 95.7% during the 4th quarter. Blue Trust Inc. now owns 1,916 shares of the apparel retailer’s stock worth $32,000 after acquiring an additional 937 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of American Eagle Outfitters by 171.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,548 shares of the apparel retailer’s stock worth $57,000 after acquiring an additional 1,608 shares during the period. Principal Securities Inc. lifted its holdings in shares of American Eagle Outfitters by 2,239.1% during the 4th quarter. Principal Securities Inc. now owns 2,573 shares of the apparel retailer’s stock worth $43,000 after acquiring an additional 2,463 shares during the period. Park Place Capital Corp bought a new position in shares of American Eagle Outfitters during the 4th quarter worth about $45,000. Finally, Smartleaf Asset Management LLC lifted its holdings 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 worth $55,000 after acquiring an additional 1,944 shares during the period. 97.33% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Cary D. Mcmillan sold 2,999 shares of American Eagle Outfitters 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 7.30% of the company’s stock.

American Eagle Outfitters Trading Up 2.6 %

Shares of NYSE AEO opened at $12.15 on Friday. American Eagle Outfitters, Inc. has a 1-year low of $10.74 and a 1-year high of $26.25. The company has a market cap of $2.33 billion, a PE ratio of 10.38, a P/E/G ratio of 0.82 and a beta of 1.57. The company has a 50-day moving average of $14.30 and a two-hundred day moving average of $17.31.

American Eagle Outfitters Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date is Friday, April 11th. American Eagle Outfitters’s dividend payout ratio is presently 29.76%.

Analyst Ratings Changes

AEO has been the subject of a number of analyst reports. Morgan Stanley reduced their price objective on shares of American Eagle Outfitters from $16.00 to $12.00 and set an “equal weight” rating for the company in a report on Thursday, March 13th. Raymond James began coverage on shares of American Eagle Outfitters in a report on Friday, December 13th. They set a “market perform” rating for the company. Citigroup set a $13.00 price target on shares of American Eagle Outfitters and gave the company a “neutral” rating in a report on Tuesday, March 11th. Bank of America cut their price target on shares of American Eagle Outfitters from $18.00 to $13.00 and set a “neutral” rating for the company in a report on Friday, March 14th. Finally, UBS Group cut their price target on shares of American Eagle Outfitters from $32.00 to $28.00 and set a “buy” rating for the company in a report on Thursday, March 13th. Eleven analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average 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.