Diversified Trust Co Has $657,000 Position in American Eagle Outfitters, Inc. (NYSE:AEO)

Diversified Trust Co grew its stake in American Eagle Outfitters, Inc. (NYSE:AEO) by 11.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,429 shares of the apparel retailer’s stock after purchasing an additional 4,034 shares during the quarter. Diversified Trust Co’s holdings in American Eagle Outfitters were worth $657,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of AEO. Zacks Investment Management acquired a new position in shares of American Eagle Outfitters during the 3rd quarter worth approximately $931,000. Intech Investment Management LLC acquired a new stake in shares of American Eagle Outfitters in the 3rd quarter valued at $3,731,000. NFJ Investment Group LLC acquired a new stake in American Eagle Outfitters in the third quarter valued at about $2,680,000. Renaissance Technologies LLC acquired a new stake in shares of American Eagle Outfitters in the 2nd quarter valued at approximately $16,861,000. Finally, Dupree Financial Group LLC bought a new stake in shares of American Eagle Outfitters during the third quarter worth $3,146,000. Institutional investors and hedge funds own 97.33% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on AEO shares. StockNews.com upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating in a report on Monday, January 6th. Jefferies Financial Group reduced their price objective on shares of American Eagle Outfitters from $22.00 to $19.00 and set a “hold” rating on the stock in a research note on Tuesday, November 12th. BMO Capital Markets lowered their target price on shares of American Eagle Outfitters from $22.00 to $20.00 and set a “market perform” rating for the company in a research note on Thursday, December 5th. JPMorgan Chase & Co. cut their price target on shares of American Eagle Outfitters from $23.00 to $20.00 and set a “neutral” rating on the stock in a research report on Wednesday. Finally, Barclays lowered their price objective on American Eagle Outfitters from $26.00 to $22.00 and set an “overweight” rating for the company in a research report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, American Eagle Outfitters has a consensus rating of “Hold” and an average price target of $22.10.

American Eagle Outfitters Trading Down 1.6 %

NYSE AEO opened at $16.26 on Friday. The business has a fifty day simple moving average of $17.74 and a 200 day simple moving average of $19.62. American Eagle Outfitters, Inc. has a 12 month low of $15.85 and a 12 month high of $26.44. The firm has a market capitalization of $3.12 billion, a P/E ratio of 13.90, a PEG ratio of 1.12 and a beta of 1.53.

American Eagle Outfitters (NYSE:AEO) last announced its earnings results on Wednesday, December 4th. The apparel retailer reported $0.48 EPS for the quarter, beating the consensus estimate 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 company had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the prior year, the company posted $0.49 earnings per share. The firm’s revenue for the quarter was down .9% on a year-over-year basis. As a group, sell-side analysts predict that American Eagle Outfitters, Inc. will post 1.69 EPS for the current fiscal year.

American Eagle Outfitters Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Friday, January 10th will be paid a $0.125 dividend. The ex-dividend date is Friday, January 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.08%. American Eagle Outfitters’s payout ratio is presently 42.74%.

Insider Activity

In related news, Director Cary D. Mcmillan sold 2,283 shares of the business’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $21.49, for a total value of $49,061.67. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 7.30% of the stock is currently owned by corporate 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.