52,305 Shares in American Eagle Outfitters, Inc. $AEO Acquired by Moody National Bank Trust Division

Moody National Bank Trust Division bought a new position in shares of American Eagle Outfitters, Inc. (NYSE:AEO) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 52,305 shares of the apparel retailer’s stock, valued at approximately $895,000.

Several other large investors have also added to or reduced their stakes in AEO. Dimensional Fund Advisors LP increased its stake in shares of American Eagle Outfitters by 3.4% in the first quarter. Dimensional Fund Advisors LP now owns 10,570,088 shares of the apparel retailer’s stock worth $122,820,000 after purchasing an additional 346,135 shares in the last quarter. American Century Companies Inc. boosted its holdings in American Eagle Outfitters by 5.2% in the 2nd quarter. American Century Companies Inc. now owns 6,329,202 shares of the apparel retailer’s stock worth $60,887,000 after buying an additional 312,168 shares during the period. Millennium Management LLC boosted its holdings in American Eagle Outfitters by 37.7% in the 1st quarter. Millennium Management LLC now owns 3,455,961 shares of the apparel retailer’s stock worth $40,158,000 after buying an additional 946,904 shares during the period. Junto Capital Management LP purchased a new stake in American Eagle Outfitters in the 1st quarter worth $38,588,000. Finally, Vaughan Nelson Investment Management L.P. raised its holdings in American Eagle Outfitters by 41.7% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 2,307,326 shares of the apparel retailer’s stock valued at $22,196,000 after acquiring an additional 678,536 shares during the period. Hedge funds and other institutional investors own 97.33% of the company’s stock.

Insiders Place Their Bets

In other news, Director Cary D. Mcmillan sold 2,945 shares of the company’s stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $16.95, for a total transaction of $49,917.75. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jennifer M. Foyle sold 243,047 shares of American Eagle Outfitters stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $24.30, for a total value of $5,906,042.10. Following the completion of the transaction, the insider owned 191,751 shares of the company’s stock, valued at approximately $4,659,549.30. This represents a 55.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 8.70% of the company’s stock.

American Eagle Outfitters Stock Performance

NYSE AEO opened at $26.85 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.63 and a quick ratio of 0.59. American Eagle Outfitters, Inc. has a 1-year low of $9.27 and a 1-year high of $27.84. The business has a 50 day simple moving average of $18.91 and a two-hundred day simple moving average of $15.04. The stock has a market capitalization of $4.55 billion, a PE ratio of 23.15 and a beta of 1.44.

American Eagle Outfitters (NYSE:AEO) last posted its earnings results on Tuesday, December 2nd. The apparel retailer reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.10. American Eagle Outfitters had a return on equity of 13.82% and a net margin of 3.90%.The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the company earned $0.48 EPS. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. On average, research analysts predict that American Eagle Outfitters, Inc. will post 1.7 EPS for the current fiscal year.

American Eagle Outfitters Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Friday, January 9th will be given a dividend of $0.125 per share. The ex-dividend date is Friday, January 9th. This represents a $0.50 annualized dividend and a yield of 1.9%. American Eagle Outfitters’s dividend payout ratio (DPR) is 43.10%.

Analyst Upgrades and Downgrades

AEO has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of American Eagle Outfitters in a research report on Wednesday, October 8th. Royal Bank Of Canada set a $23.00 price target on American Eagle Outfitters in a report on Wednesday, December 3rd. UBS Group upped their price target on American Eagle Outfitters from $22.00 to $31.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. JPMorgan Chase & Co. upgraded shares of American Eagle Outfitters from an “underweight” rating to a “neutral” rating and lifted their price objective for the company from $14.00 to $20.00 in a research report on Wednesday, December 3rd. Finally, Citigroup upped their target price on shares of American Eagle Outfitters from $18.00 to $23.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 3rd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $21.45.

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.