Y Intercept Hong Kong Ltd Has $2.34 Million Position in American Eagle Outfitters, Inc. (NYSE:AEO)

Y Intercept Hong Kong Ltd grew its position in American Eagle Outfitters, Inc. (NYSE:AEO) by 835.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 140,130 shares of the apparel retailer’s stock after purchasing an additional 125,146 shares during the period. Y Intercept Hong Kong Ltd owned about 0.07% of American Eagle Outfitters worth $2,336,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in AEO. Congress Asset Management Co. acquired a new stake in shares of American Eagle Outfitters in the 3rd quarter valued at $119,691,000. Victory Capital Management Inc. boosted its stake in shares of American Eagle Outfitters by 40.6% in the 3rd quarter. Victory Capital Management Inc. now owns 4,370,626 shares of the apparel retailer’s stock valued at $97,858,000 after purchasing an additional 1,262,693 shares in the last quarter. Soros Capital Management LLC acquired a new stake in shares of American Eagle Outfitters in the 3rd quarter valued at $11,519,000. Hantz Financial Services Inc. boosted its stake in shares of American Eagle Outfitters by 511.9% in the 4th quarter. Hantz Financial Services Inc. now owns 430,860 shares of the apparel retailer’s stock valued at $7,182,000 after purchasing an additional 360,447 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of American Eagle Outfitters by 12.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,496,916 shares of the apparel retailer’s stock valued at $55,906,000 after purchasing an additional 281,548 shares in the last quarter. Institutional investors and hedge funds own 97.33% of the company’s stock.

American Eagle Outfitters Trading Up 1.1 %

Shares of NYSE:AEO opened at $13.92 on Tuesday. The stock has a market capitalization of $2.67 billion, a P/E ratio of 11.89, a P/E/G ratio of 0.82 and a beta of 1.53. American Eagle Outfitters, Inc. has a 1-year low of $13.64 and a 1-year high of $26.44. The business has a 50-day moving average price of $16.01 and a two-hundred day moving average price of $18.50.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings data on Wednesday, December 4th. The apparel retailer reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.02. The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.30 billion. American Eagle Outfitters had a return on equity of 20.75% and a net margin of 4.28%. The company’s quarterly revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.49 EPS. As a group, equities analysts predict that American Eagle Outfitters, Inc. will post 1.7 EPS for the current year.

American Eagle Outfitters Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 10th were paid 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 3.59%. American Eagle Outfitters’s dividend payout ratio (DPR) is presently 42.74%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. UBS Group reduced their target price on shares of American Eagle Outfitters from $34.00 to $32.00 and set a “buy” rating on the stock in a research note on Thursday, December 5th. Raymond James assumed coverage on American Eagle Outfitters in a report on Friday, December 13th. They issued a “market perform” rating for the company. Telsey Advisory Group cut their price target on American Eagle Outfitters from $20.00 to $18.00 and set a “market perform” rating for the company in a report on Tuesday, January 14th. Morgan Stanley cut American Eagle Outfitters from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $19.00 to $17.00 in a report on Wednesday, February 5th. Finally, Barclays reaffirmed an “equal weight” rating and issued a $17.00 price target (down from $19.00) on shares of American Eagle Outfitters in a report on Wednesday, February 5th. Eleven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, American Eagle Outfitters has an average rating of “Hold” and an average target price of $21.00.

Insider Activity

In other 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 7.30% of the stock is currently owned by company insiders.

About American Eagle Outfitters

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.