Jackson Creek Investment Advisors LLC Takes Position in American Eagle Outfitters, Inc. (NYSE:AEO)

Jackson Creek Investment Advisors LLC purchased a new stake in American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 49,452 shares of the apparel retailer's stock, valued at approximately $1,046,000.

Several other large investors have also modified their holdings of AEO. C M Bidwell & Associates Ltd. acquired a new position in shares of American Eagle Outfitters during the 3rd quarter worth approximately $38,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of American Eagle Outfitters in the fourth quarter valued at $38,000. Castleview Partners LLC boosted its stake in shares of American Eagle Outfitters by 1,608.3% during the third quarter. Castleview Partners LLC now owns 2,665 shares of the apparel retailer's stock valued at $44,000 after acquiring an additional 2,509 shares during the last quarter. Federated Hermes Inc. boosted its stake in shares of American Eagle Outfitters by 54.2% during the fourth quarter. Federated Hermes Inc. now owns 2,984 shares of the apparel retailer's stock valued at $63,000 after acquiring an additional 1,049 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in American Eagle Outfitters during the 4th quarter worth about $144,000. 97.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other American Eagle Outfitters news, Director Cary D. Mcmillan sold 1,908 shares of the firm's stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $24.59, for a total value of $46,917.72. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, insider Jennifer M. Foyle sold 26,440 shares of the business's stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $24.66, for a total transaction of $652,010.40. Following the transaction, the insider now directly owns 226,497 shares of the company's stock, valued at $5,585,416.02. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Cary D. Mcmillan sold 1,908 shares of the firm's stock in a transaction on Friday, April 5th. The shares were sold at an average price of $24.59, for a total transaction of $46,917.72. The disclosure for this sale can be found here. In the last three months, insiders sold 72,319 shares of company stock valued at $1,732,938. Company insiders own 7.50% of the company's stock.

Wall Street Analysts Forecast Growth

AEO has been the topic of several analyst reports. StockNews.com cut shares of American Eagle Outfitters from a "buy" rating to a "hold" rating in a research note on Tuesday, April 2nd. JPMorgan Chase & Co. upgraded American Eagle Outfitters from a "neutral" rating to an "overweight" rating and set a $31.00 price target for the company in a report on Tuesday, April 9th. Bank of America increased their price target on American Eagle Outfitters from $21.00 to $25.00 and gave the stock a "neutral" rating in a research note on Thursday, February 29th. Citigroup lifted their price objective on American Eagle Outfitters from $23.00 to $26.00 and gave the company a "neutral" rating in a research report on Tuesday, February 27th. Finally, Barclays increased their target price on American Eagle Outfitters from $30.00 to $32.00 and gave the stock an "overweight" rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $22.18.

American Eagle Outfitters Trading Down 2.3 %

Shares of American Eagle Outfitters stock traded down $0.57 during trading hours on Tuesday, reaching $24.26. The stock had a trading volume of 3,404,608 shares, compared to its average volume of 4,527,093. The firm has a market capitalization of $4.78 billion, a price-to-earnings ratio of 28.21, a P/E/G ratio of 1.14 and a beta of 1.59. American Eagle Outfitters, Inc. has a 1 year low of $9.95 and a 1 year high of $26.44. The firm has a 50 day simple moving average of $23.75 and a two-hundred day simple moving average of $21.16.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last posted its earnings results on Thursday, March 7th. The apparel retailer reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.11. American Eagle Outfitters had a net margin of 3.23% and a return on equity of 17.76%. The firm had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the prior year, the company earned $0.37 EPS. The company's revenue was up 12.2% on a year-over-year basis. Sell-side analysts forecast that American Eagle Outfitters, Inc. will post 1.71 EPS for the current year.

American Eagle Outfitters announced that its Board of Directors has authorized a stock repurchase plan on Thursday, February 1st that allows the company to buyback 30,000,000 shares. This buyback authorization allows the apparel retailer to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

American Eagle Outfitters Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 26th. Investors of record on Friday, April 12th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, April 11th. This represents a $0.50 annualized dividend and a dividend yield of 2.06%. American Eagle Outfitters's payout ratio is 58.14%.

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.