Susquehanna Fundamental Investments LLC Buys New Stake in American Eagle Outfitters, Inc. (NYSE:AEO)

Susquehanna Fundamental Investments LLC bought a new position in American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 248,620 shares of the apparel retailer's stock, valued at approximately $4,144,000. Susquehanna Fundamental Investments LLC owned 0.13% of American Eagle Outfitters at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in AEO. MetLife Investment Management LLC lifted its holdings in American Eagle Outfitters by 0.7% in the fourth quarter. MetLife Investment Management LLC now owns 105,949 shares of the apparel retailer's stock worth $1,766,000 after purchasing an additional 724 shares during the period. TCM Advisors LLC boosted its position in shares of American Eagle Outfitters by 2.1% in the 4th quarter. TCM Advisors LLC now owns 39,400 shares of the apparel retailer's stock valued at $657,000 after purchasing an additional 800 shares during the period. Blue Trust Inc. increased its position in shares of 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 acquiring an additional 937 shares in the last quarter. Xponance Inc. raised its stake in American Eagle Outfitters by 9.1% during the 4th quarter. Xponance Inc. now owns 13,036 shares of the apparel retailer's stock valued at $217,000 after purchasing an additional 1,082 shares during the period. Finally, Huntington National Bank raised its position in American Eagle Outfitters by 258.8% during the fourth quarter. Huntington National Bank now owns 2,045 shares of the apparel retailer's stock valued at $34,000 after buying an additional 1,475 shares during the period. 97.33% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. StockNews.com downgraded shares of American Eagle Outfitters from a "buy" rating to a "hold" rating in a research report on Wednesday, March 19th. Bank of America lowered their price target on American Eagle Outfitters from $18.00 to $13.00 and set a "neutral" rating on the stock in a report on Friday, March 14th. Citigroup set a $13.00 price objective on shares of American Eagle Outfitters and gave the stock a "neutral" rating in a report on Tuesday, March 11th. JPMorgan Chase & Co. lowered their target price on shares of American Eagle Outfitters from $15.00 to $10.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Finally, Morgan Stanley cut their target price on shares of American Eagle Outfitters from $16.00 to $12.00 and set an "equal weight" rating for the company in a research report on Thursday, March 13th. Eleven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $15.50.

American Eagle Outfitters Trading Up 3.6 %

AEO stock traded up $0.39 during trading on Friday, reaching $11.08. 4,357,406 shares of the stock were exchanged, compared to its average volume of 5,228,462. The stock has a 50 day simple moving average of $11.49 and a 200-day simple moving average of $15.35. The company has a market capitalization of $1.91 billion, a P/E ratio of 9.47, a price-to-earnings-growth ratio of 0.82 and a beta of 1.40. American Eagle Outfitters, Inc. has a twelve month low of $9.45 and a twelve month high of $25.15.

American Eagle Outfitters Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.51%. The ex-dividend date was Friday, April 11th. American Eagle Outfitters's dividend payout ratio is presently 29.76%.

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.