Keeley Teton Advisors LLC Sells 11,584 Shares of American Eagle Outfitters, Inc. (NYSE:AEO)

Keeley Teton Advisors LLC reduced its position in American Eagle Outfitters, Inc. (NYSE:AEO) by 13.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 73,002 shares of the apparel retailer’s stock after selling 11,584 shares during the period. Keeley Teton Advisors LLC’s holdings in American Eagle Outfitters were worth $1,217,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of AEO. Blue Trust Inc. boosted its position in American Eagle Outfitters by 95.7% in 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 last quarter. Huntington National Bank increased its position in shares of American Eagle Outfitters by 258.8% during the 4th 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 during the last quarter. Principal Securities Inc. boosted its holdings in shares of 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 worth $43,000 after buying an additional 2,463 shares during the last quarter. Park Place Capital Corp bought a new stake in American Eagle Outfitters during the fourth quarter valued at approximately $45,000. Finally, Smartleaf Asset Management LLC grew 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 buying an additional 1,944 shares during the period. Institutional investors own 97.33% of the company’s stock.

Insiders Place Their Bets

In other news, Director Cary D. Mcmillan sold 2,999 shares of the firm’s stock in a transaction dated 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 Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 7.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AEO. Telsey Advisory Group decreased their price target 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. Morgan Stanley decreased their target price on American Eagle Outfitters from $16.00 to $12.00 and set an “equal weight” rating on the stock in a report on Thursday, March 13th. Citigroup set a $13.00 price target on American Eagle Outfitters and gave the company a “neutral” rating in a report on Tuesday, March 11th. Bank of America decreased their price objective on American Eagle Outfitters from $18.00 to $13.00 and set a “neutral” rating on the stock in a research note on Friday, March 14th. Finally, UBS Group cut their price objective on American Eagle Outfitters from $32.00 to $28.00 and set a “buy” rating for the company in a research note on Thursday, March 13th. Eleven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $15.50.

American Eagle Outfitters Price Performance

Shares of AEO opened at $10.37 on Wednesday. American Eagle Outfitters, Inc. has a 1 year low of $9.45 and a 1 year high of $25.15. The company has a 50 day simple moving average of $12.35 and a two-hundred day simple moving average of $16.18. The firm has a market cap of $1.79 billion, a P/E ratio of 8.86, a price-to-earnings-growth ratio of 0.82 and a beta of 1.40.

American Eagle Outfitters Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be issued a $0.125 dividend. The ex-dividend date is Friday, April 11th. This represents a $0.50 dividend on an annualized basis and a yield of 4.82%. American Eagle Outfitters’s dividend payout ratio is currently 29.76%.

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.