Nisa Investment Advisors LLC Sells 2,309 Shares of American Eagle Outfitters, Inc. (NYSE:AEO)

Nisa Investment Advisors LLC lessened its position in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 11.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,531 shares of the apparel retailer’s stock after selling 2,309 shares during the quarter. Nisa Investment Advisors LLC’s holdings in American Eagle Outfitters were worth $309,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in AEO. Sei Investments Co. lifted its position in American Eagle Outfitters by 264.7% during the 2nd quarter. Sei Investments Co. now owns 257,914 shares of the apparel retailer’s stock valued at $5,148,000 after purchasing an additional 187,196 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of American Eagle Outfitters by 3.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 103,514 shares of the apparel retailer’s stock worth $2,066,000 after purchasing an additional 3,925 shares during the last quarter. Dana Investment Advisors Inc. increased its stake in shares of American Eagle Outfitters by 10.9% in the 2nd quarter. Dana Investment Advisors Inc. now owns 66,708 shares of the apparel retailer’s stock valued at $1,331,000 after acquiring an additional 6,558 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in American Eagle Outfitters in the second quarter worth $291,000. Finally, Canandaigua National Bank & Trust Co. acquired a new position in shares of American Eagle Outfitters in the 3rd quarter valued at approximately $331,000. Institutional investors own 97.33% of the company’s stock.

American Eagle Outfitters Trading Down 1.4 %

NYSE:AEO opened at $16.40 on Thursday. The stock has a market capitalization of $3.15 billion, a P/E ratio of 14.02, a P/E/G ratio of 1.08 and a beta of 1.53. The stock has a 50-day moving average price of $17.19 and a 200 day moving average price of $19.27. American Eagle Outfitters, Inc. has a 12-month low of $15.36 and a 12-month high of $26.44.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings results on Wednesday, December 4th. The apparel retailer reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. American Eagle Outfitters had a net margin of 4.28% and a return on equity of 20.75%. The firm had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter last year, the firm earned $0.49 EPS. The firm’s revenue for the quarter was down .9% compared to the same quarter last year. On average, research analysts predict that American Eagle Outfitters, Inc. will post 1.7 earnings per share for the current fiscal year.

American Eagle Outfitters Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 10th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.05%. The ex-dividend date of this dividend was Friday, January 10th. American Eagle Outfitters’s dividend payout ratio is presently 42.74%.

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 stock was sold at an average price of $16.02, for a total value of $48,043.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 7.30% of the company’s stock.

Analyst Ratings Changes

AEO has been the subject of several analyst reports. Telsey Advisory Group decreased their price objective on American Eagle Outfitters from $20.00 to $18.00 and set a “market perform” rating for the company in a report on Tuesday, January 14th. Raymond James assumed coverage on shares of American Eagle Outfitters in a research note on Friday, December 13th. They set a “market perform” rating for the company. BMO Capital Markets lowered their price target on shares of American Eagle Outfitters from $22.00 to $20.00 and set a “market perform” rating on the stock in a research report on Thursday, December 5th. Barclays cut their price objective on shares of American Eagle Outfitters from $26.00 to $22.00 and set an “overweight” rating for the company in a research report on Friday, December 6th. Finally, StockNews.com upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Nine investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, American Eagle Outfitters has an average rating of “Hold” and an average 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.