Alliance Wealth Advisors LLC UT Invests $256,000 in American Eagle Outfitters, Inc. (NYSE:AEO)

Alliance Wealth Advisors LLC UT acquired a new stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 15,345 shares of the apparel retailer’s stock, valued at approximately $256,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AEO. Zacks Investment Management bought a new stake in shares of American Eagle Outfitters in the 3rd quarter valued at about $931,000. Intech Investment Management LLC purchased a new position in American Eagle Outfitters in the third quarter worth $3,731,000. NFJ Investment Group LLC acquired a new position in shares of American Eagle Outfitters during the third quarter worth $2,680,000. Dupree Financial Group LLC purchased a new stake in shares of American Eagle Outfitters during the 3rd quarter valued at $3,146,000. Finally, Nordea Investment Management AB acquired a new stake in shares of American Eagle Outfitters in the 4th quarter worth $1,557,000. Hedge funds and other institutional investors own 97.33% of the company’s stock.

Insider Transactions at American Eagle Outfitters

In related news, Director Cary D. Mcmillan sold 2,999 shares of the company’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $16.02, for a total value of $48,043.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 7.30% of the company’s stock.

Analyst Ratings Changes

AEO has been the topic of several recent analyst reports. Raymond James started coverage on shares of American Eagle Outfitters in a report on Friday, December 13th. They set a “market perform” rating on the stock. JPMorgan Chase & Co. dropped their price objective on shares of American Eagle Outfitters from $23.00 to $20.00 and set a “neutral” rating on the stock in a report on Wednesday, January 8th. Telsey Advisory Group reduced their target price on American Eagle Outfitters from $20.00 to $18.00 and set a “market perform” rating for the company in a research note on Tuesday, January 14th. StockNews.com raised American Eagle Outfitters from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Finally, UBS Group cut their price objective on American Eagle Outfitters from $34.00 to $32.00 and set a “buy” rating on the stock in a report on Thursday, December 5th. Nine analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $21.40.

American Eagle Outfitters Stock Up 1.8 %

American Eagle Outfitters stock opened at $15.79 on Wednesday. The business’s 50-day moving average price is $17.04 and its 200 day moving average price is $19.13. The firm has a market cap of $3.03 billion, a price-to-earnings ratio of 13.49, a price-to-earnings-growth ratio of 1.02 and a beta of 1.53. American Eagle Outfitters, Inc. has a 52 week low of $15.36 and a 52 week high of $26.44.

American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data on Wednesday, December 4th. The apparel retailer reported $0.48 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter last year, the company earned $0.49 EPS. The business’s revenue was down .9% on a year-over-year basis. Equities analysts expect that American Eagle Outfitters, Inc. will post 1.7 EPS for the current year.

American Eagle Outfitters Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were given a $0.125 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.17%. American Eagle Outfitters’s dividend payout ratio (DPR) is currently 42.74%.

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.