Barclays PLC grew its position in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 12.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 336,362 shares of the apparel retailer's stock after acquiring an additional 38,099 shares during the quarter. Barclays PLC owned about 0.18% of American Eagle Outfitters worth $5,607,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in American Eagle Outfitters during the 3rd quarter valued at about $141,000. Franklin Resources Inc. raised its holdings in shares of American Eagle Outfitters by 2.2% during the third quarter. Franklin Resources Inc. now owns 688,869 shares of the apparel retailer's stock valued at $14,266,000 after buying an additional 15,038 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of American Eagle Outfitters by 8.4% during the third quarter. Principal Financial Group Inc. now owns 2,918,295 shares of the apparel retailer's stock worth $65,341,000 after buying an additional 226,821 shares during the period. Nordea Investment Management AB bought a new position in American Eagle Outfitters in the 4th quarter worth approximately $1,557,000. Finally, Diversified Trust Co increased its position in American Eagle Outfitters by 11.4% in the 4th quarter. Diversified Trust Co now owns 39,429 shares of the apparel retailer's stock valued at $657,000 after acquiring an additional 4,034 shares during the period. Institutional investors own 97.33% of the company's stock.
American Eagle Outfitters Stock Performance
Shares of NYSE AEO traded up $0.39 during trading on Thursday, hitting $10.92. The company had a trading volume of 1,615,192 shares, compared to its average volume of 5,206,578. American Eagle Outfitters, Inc. has a 52 week low of $9.45 and a 52 week high of $25.15. The company has a market cap of $1.88 billion, a P/E ratio of 9.36, a PEG ratio of 0.82 and a beta of 1.40. The business's 50-day moving average is $11.55 and its 200 day moving average is $15.42.
American Eagle Outfitters Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were issued a dividend of $0.125 per share. The ex-dividend date was Friday, April 11th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.58%. American Eagle Outfitters's dividend payout ratio is currently 29.76%.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the company. Barclays lowered American Eagle Outfitters from an "overweight" rating to an "equal weight" rating and reduced their price target for the stock from $17.00 to $10.00 in a research report on Tuesday, March 11th. StockNews.com downgraded shares of American Eagle Outfitters from a "buy" rating to a "hold" rating in a report on Wednesday, March 19th. Morgan Stanley lowered their target price on shares of American Eagle Outfitters from $16.00 to $12.00 and set an "equal weight" rating on the stock in a research note on Thursday, March 13th. Telsey Advisory Group reduced their price target on shares of American Eagle Outfitters from $18.00 to $12.00 and set a "market perform" rating for the company in a research note on Thursday, March 13th. Finally, Citigroup set a $13.00 price objective on shares of American Eagle Outfitters and gave the company a "neutral" rating in a research note on Tuesday, March 11th. Eleven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, American Eagle Outfitters currently has an average rating of "Hold" and a consensus price target of $15.50.
Get Our Latest Stock Report on AEO
About American Eagle Outfitters
(
Free Report)
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.
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