Alliance Wealth Advisors LLC UT Invests $256,000 in American Eagle Outfitters, Inc. (NYSE:AEO)

Alliance Wealth Advisors LLC UT bought a new stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 15,345 shares of the apparel retailer’s stock, valued at approximately $256,000.

Other large investors also recently added to or reduced their stakes in the company. Zacks Investment Management bought a new stake in American Eagle Outfitters in the 3rd quarter valued at $931,000. Intech Investment Management LLC bought a new stake in shares of American Eagle Outfitters in the third quarter worth about $3,731,000. NFJ Investment Group LLC purchased a new stake in shares of American Eagle Outfitters in the third quarter worth about $2,680,000. Dupree Financial Group LLC bought a new position in American Eagle Outfitters during the third quarter valued at approximately $3,146,000. Finally, Nordea Investment Management AB purchased a new position in American Eagle Outfitters during the 4th quarter valued at approximately $1,557,000. 97.33% of the stock is owned by hedge funds and other institutional investors.

American Eagle Outfitters Trading Up 1.8 %

NYSE AEO opened at $15.79 on Wednesday. The stock has a market cap of $3.03 billion, a PE ratio of 13.49, a PEG ratio of 1.02 and a beta of 1.53. American Eagle Outfitters, Inc. has a 12 month low of $15.36 and a 12 month high of $26.44. The company’s 50-day moving average price is $17.04 and its 200-day moving average price is $19.13.

American Eagle Outfitters (NYSE:AEO) last issued its earnings results on Wednesday, December 4th. The apparel retailer reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. The business had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.30 billion. American Eagle Outfitters had a net margin of 4.28% and a return on equity of 20.75%. The company’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.49 EPS. As a group, sell-side analysts forecast that American Eagle Outfitters, Inc. will post 1.7 earnings per share for the current year.

American Eagle Outfitters Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.17%. The ex-dividend date of this dividend was Friday, January 10th. American Eagle Outfitters’s dividend payout ratio is 42.74%.

Insider Transactions at American Eagle Outfitters

In other American Eagle Outfitters news, Director Cary D. Mcmillan sold 2,999 shares of the stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $16.02, for a total transaction of $48,043.98. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 7.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on AEO. Raymond James initiated coverage on shares of American Eagle Outfitters in a research note on Friday, December 13th. They set a “market perform” rating on the stock. Bank of America lowered their price target on shares of American Eagle Outfitters from $21.00 to $18.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Jefferies Financial Group decreased their price objective on American Eagle Outfitters from $22.00 to $19.00 and set a “hold” rating on the stock in a research report on Tuesday, November 12th. Barclays dropped their target price on American Eagle Outfitters from $26.00 to $22.00 and set an “overweight” rating for the company in a report on Friday, December 6th. Finally, Morgan Stanley upgraded American Eagle Outfitters from an “underweight” rating to an “equal weight” rating and increased their price target for the company from $15.00 to $16.00 in a report on Tuesday, January 21st. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, American Eagle Outfitters presently has an average rating of “Hold” and a consensus price target of $21.40.

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.