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

Y Intercept Hong Kong Ltd lifted its holdings in American Eagle Outfitters, Inc. (NYSE:AEO) by 835.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 140,130 shares of the apparel retailer’s stock after buying an additional 125,146 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in American Eagle Outfitters were worth $2,336,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Hussman Strategic Advisors Inc. grew its position in shares of American Eagle Outfitters by 40.0% in the 4th quarter. Hussman Strategic Advisors Inc. now owns 147,000 shares of the apparel retailer’s stock valued at $2,450,000 after purchasing an additional 42,000 shares during the period. Handelsbanken Fonder AB grew its position in shares of American Eagle Outfitters by 16.6% in the 4th quarter. Handelsbanken Fonder AB now owns 46,992 shares of the apparel retailer’s stock valued at $783,000 after purchasing an additional 6,700 shares during the period. Ieq Capital LLC acquired a new position in shares of American Eagle Outfitters in the 4th quarter valued at approximately $717,000. CIBC Asset Management Inc acquired a new position in shares of American Eagle Outfitters in the 4th quarter valued at approximately $298,000. Finally, State of New Jersey Common Pension Fund D grew its position in shares of American Eagle Outfitters by 36.5% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 120,434 shares of the apparel retailer’s stock valued at $2,008,000 after purchasing an additional 32,197 shares during the period. 97.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at American Eagle Outfitters

In related news, Director Cary D. Mcmillan sold 2,999 shares of the stock in a transaction on 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 SEC, which is available at the SEC website. Company insiders own 7.30% of the company’s stock.

American Eagle Outfitters Stock Up 1.1 %

Shares of American Eagle Outfitters stock opened at $13.92 on Tuesday. American Eagle Outfitters, Inc. has a 12-month low of $13.64 and a 12-month high of $26.44. The stock has a market cap 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. The business’s 50 day moving average is $16.01 and its 200-day moving average is $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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. American Eagle Outfitters had a return on equity of 20.75% and a net margin of 4.28%. The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the prior year, the business posted $0.49 EPS. The business’s revenue was down .9% compared to the same quarter last year. On average, sell-side analysts expect that American Eagle Outfitters, Inc. will post 1.7 EPS for the current year.

American Eagle Outfitters Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 10th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date was Friday, January 10th. American Eagle Outfitters’s dividend payout ratio is currently 42.74%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on AEO shares. JPMorgan Chase & Co. decreased their price objective on American Eagle Outfitters from $23.00 to $20.00 and set a “neutral” rating for the company in a research report on Wednesday, January 8th. StockNews.com downgraded American Eagle Outfitters from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th. UBS Group reduced their price target on American Eagle Outfitters from $34.00 to $32.00 and set a “buy” rating for the company in a research report on Thursday, December 5th. Morgan Stanley downgraded American Eagle Outfitters from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $19.00 to $17.00 in a research report on Wednesday, February 5th. Finally, Bank of America reduced their price target on American Eagle Outfitters from $21.00 to $18.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Eleven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $21.00.

American Eagle Outfitters Company 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.