Bridge City Capital LLC Has $2.87 Million Stake in American Eagle Outfitters, Inc. (NYSE:AEO)

Bridge City Capital LLC boosted its position in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 0.9% in the fourth quarter, Holdings Channel reports. The firm owned 171,943 shares of the apparel retailer’s stock after purchasing an additional 1,615 shares during the period. Bridge City Capital LLC’s holdings in American Eagle Outfitters were worth $2,866,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. grew its holdings in American Eagle Outfitters by 95.7% during the fourth quarter. Blue Trust Inc. now owns 1,916 shares of the apparel retailer’s stock valued at $32,000 after purchasing an additional 937 shares during the period. Principal Securities Inc. grew its holdings in American Eagle Outfitters by 2,239.1% during 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 period. Park Place Capital Corp acquired a new position in American Eagle Outfitters during the fourth quarter valued at approximately $45,000. Smartleaf Asset Management LLC grew 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 valued at $55,000 after purchasing an additional 1,944 shares during the period. Finally, Advisors Asset Management Inc. grew its holdings in American Eagle Outfitters by 171.1% during the third quarter. Advisors Asset Management Inc. now owns 2,548 shares of the apparel retailer’s stock valued at $57,000 after purchasing an additional 1,608 shares during the period. Institutional investors and hedge funds own 97.33% of the company’s stock.

American Eagle Outfitters Stock Up 2.6 %

Shares of AEO stock opened at $12.15 on Friday. The company’s fifty day simple moving average is $14.30 and its 200-day simple moving average is $17.31. The firm has a market cap of $2.33 billion, a PE ratio of 10.38, a P/E/G ratio of 0.82 and a beta of 1.57. American Eagle Outfitters, Inc. has a 12 month low of $10.74 and a 12 month high of $26.25.

American Eagle Outfitters Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date of this dividend is Friday, April 11th. American Eagle Outfitters’s dividend payout ratio is presently 29.76%.

Insider Transactions at American Eagle Outfitters

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. BMO Capital Markets restated a “market perform” rating and set a $15.00 price objective (down previously from $19.00) on shares of American Eagle Outfitters in a report on Tuesday, March 11th. Barclays cut shares of American Eagle Outfitters from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $17.00 to $10.00 in a report on Tuesday, March 11th. Morgan Stanley reduced their price target on shares of American Eagle Outfitters from $16.00 to $12.00 and set an “equal weight” rating for the company in a report on Thursday, March 13th. Bank of America reduced their price target on shares of American Eagle Outfitters from $18.00 to $13.00 and set a “neutral” rating for the company in a report on Friday, March 14th. Finally, StockNews.com cut shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a report on Wednesday. Eleven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $16.00.

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.