60,079 Shares in American Eagle Outfitters, Inc. (NYSE:AEO) Purchased by Monimus Capital Management LP

Monimus Capital Management LP bought a new position in shares of American Eagle Outfitters, Inc. (NYSE:AEO) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 60,079 shares of the apparel retailer’s stock, valued at approximately $1,002,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of AEO. Blue Trust Inc. lifted its holdings in shares of American Eagle Outfitters by 95.7% during the fourth quarter. Blue Trust Inc. now owns 1,916 shares of the apparel retailer’s stock worth $32,000 after purchasing an additional 937 shares during the period. Principal Securities Inc. raised its position in American Eagle Outfitters by 2,239.1% during the fourth quarter. Principal Securities Inc. now owns 2,573 shares of the apparel retailer’s stock valued at $43,000 after acquiring an additional 2,463 shares in the last quarter. Park Place Capital Corp purchased a new position in American Eagle Outfitters during the fourth quarter valued at approximately $45,000. Smartleaf Asset Management LLC raised its position in American Eagle Outfitters by 137.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,358 shares of the apparel retailer’s stock valued at $55,000 after acquiring an additional 1,944 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its position in American Eagle Outfitters by 171.1% during the third quarter. Advisors Asset Management Inc. now owns 2,548 shares of the apparel retailer’s stock valued at $57,000 after acquiring an additional 1,608 shares in the last quarter. Institutional investors and hedge funds own 97.33% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Telsey Advisory Group reduced their price target on American Eagle Outfitters from $18.00 to $12.00 and set a “market perform” rating for the company in a research report on Thursday. Bank of America reduced their price target on American Eagle Outfitters from $18.00 to $13.00 and set a “neutral” rating for the company in a research report on Friday. Morgan Stanley cut their price objective on American Eagle Outfitters from $16.00 to $12.00 and set an “equal weight” rating for the company in a research report on Thursday. BMO Capital Markets restated a “market perform” rating and issued a $15.00 price objective (down from $19.00) on shares of American Eagle Outfitters in a research report on Tuesday. Finally, StockNews.com cut American Eagle Outfitters from a “buy” rating to a “hold” rating in a research report on Monday, March 10th. Eleven research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, American Eagle Outfitters has a consensus rating of “Hold” and a consensus target price of $16.00.

American Eagle Outfitters Stock Performance

Shares of AEO opened at $11.06 on Friday. American Eagle Outfitters, Inc. has a one year low of $10.74 and a one year high of $26.25. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 9.45, a PEG ratio of 0.82 and a beta of 1.57. The stock has a 50 day moving average price of $14.76 and a 200 day moving average price of $17.65.

American Eagle Outfitters Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date of this dividend is Friday, April 11th. American Eagle Outfitters’s dividend payout ratio (DPR) is currently 42.74%.

Insiders Place Their Bets

In other American Eagle Outfitters news, Director Cary D. Mcmillan sold 2,999 shares of the business’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $16.02, for a total transaction of $48,043.98. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 7.30% of the stock is currently owned by corporate insiders.

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.