Landscape Capital Management L.L.C. Decreases Stock Holdings in American Eagle Outfitters, Inc. (NYSE:AEO)

Landscape Capital Management L.L.C. lessened its holdings in American Eagle Outfitters, Inc. (NYSE:AEO) by 70.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 91,904 shares of the apparel retailer’s stock after selling 218,604 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in American Eagle Outfitters were worth $1,532,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Blue Trust Inc. boosted its position in shares of American Eagle Outfitters by 95.7% during the 4th quarter. Blue Trust Inc. now owns 1,916 shares of the apparel retailer’s stock worth $32,000 after acquiring an additional 937 shares in the last quarter. Huntington National Bank boosted its holdings in American Eagle Outfitters by 258.8% in the fourth quarter. Huntington National Bank now owns 2,045 shares of the apparel retailer’s stock valued at $34,000 after purchasing an additional 1,475 shares in the last quarter. Principal Securities Inc. increased its stake in American Eagle Outfitters by 2,239.1% in the fourth quarter. Principal Securities Inc. now owns 2,573 shares of the apparel retailer’s stock valued at $43,000 after purchasing an additional 2,463 shares during the last quarter. Park Place Capital Corp acquired a new stake in American Eagle Outfitters during the fourth quarter worth approximately $45,000. Finally, Smartleaf Asset Management LLC raised its holdings 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 worth $55,000 after purchasing an additional 1,944 shares in the last quarter. 97.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AEO has been the topic of a number of recent analyst reports. Telsey Advisory Group dropped their target price on shares of American Eagle Outfitters from $18.00 to $12.00 and set a “market perform” rating on the stock in a research report on Thursday, March 13th. Bank of America cut their target price on American Eagle Outfitters from $18.00 to $13.00 and set a “neutral” rating on the stock in a research report on Friday, March 14th. Morgan Stanley decreased their target price 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, March 13th. JPMorgan Chase & Co. cut their price target on American Eagle Outfitters from $19.00 to $15.00 and set a “neutral” rating on the stock in a research report on Thursday, March 13th. Finally, Citigroup set a $13.00 price objective on American Eagle Outfitters and gave the company a “neutral” rating in a report on Tuesday, March 11th. Eleven research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $16.00.

Insiders Place Their Bets

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

American Eagle Outfitters Trading Up 4.6 %

Shares of AEO stock opened at $10.93 on Friday. The stock has a 50 day simple moving average of $13.38 and a 200-day simple moving average of $16.80. The company has a market cap of $1.88 billion, a price-to-earnings ratio of 9.34, a price-to-earnings-growth ratio of 0.82 and a beta of 1.40. American Eagle Outfitters, Inc. has a 12-month low of $9.80 and a 12-month high of $25.50.

American Eagle Outfitters Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date of this dividend is Friday, April 11th. American Eagle Outfitters’s dividend payout ratio is currently 29.76%.

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.