Bayesian Capital Management LP Has $876,000 Holdings in American Eagle Outfitters, Inc. (NYSE:AEO)

Bayesian Capital Management LP grew its stake in American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 434.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,528 shares of the apparel retailer's stock after purchasing an additional 42,700 shares during the period. Bayesian Capital Management LP's holdings in American Eagle Outfitters were worth $876,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Blue Trust Inc. grew its holdings in 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 purchasing an additional 937 shares during the last quarter. Huntington National Bank lifted its holdings in American Eagle Outfitters by 258.8% in the fourth quarter. Huntington National Bank now owns 2,045 shares of the apparel retailer's stock valued at $34,000 after acquiring an additional 1,475 shares during the last quarter. Principal Securities Inc. grew its position in American Eagle Outfitters by 2,239.1% in the 4th quarter. Principal Securities Inc. now owns 2,573 shares of the apparel retailer's stock valued at $43,000 after acquiring an additional 2,463 shares in the last quarter. Park Place Capital Corp acquired a new position in American Eagle Outfitters during the 4th quarter worth approximately $45,000. Finally, Smartleaf Asset Management LLC grew its position in shares of American Eagle Outfitters by 137.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,358 shares of the apparel retailer's stock valued at $55,000 after buying an additional 1,944 shares during the last quarter. 97.33% of the stock is owned by institutional investors.

American Eagle Outfitters Stock Performance

AEO stock traded down $0.21 during midday trading on Friday, hitting $11.14. 3,266,761 shares of the stock were exchanged, compared to its average volume of 5,269,680. The stock has a market cap of $1.92 billion, a price-to-earnings ratio of 9.52, a PEG ratio of 0.82 and a beta of 1.56. The stock's 50-day moving average price is $11.28 and its 200-day moving average price is $14.91. American Eagle Outfitters, Inc. has a fifty-two week low of $9.45 and a fifty-two week high of $25.15.

American Eagle Outfitters Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were paid a $0.125 dividend. The ex-dividend date was Friday, April 11th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.49%. American Eagle Outfitters's dividend payout ratio (DPR) is currently 29.76%.

Wall Street Analysts Forecast Growth

AEO has been the topic of a number of research analyst reports. JPMorgan Chase & Co. decreased their target price on American Eagle Outfitters from $15.00 to $10.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. UBS Group lowered their price objective on American Eagle Outfitters from $32.00 to $28.00 and set a "buy" rating for the company in a research note on Thursday, March 13th. Telsey Advisory Group reduced their target price on shares of American Eagle Outfitters from $18.00 to $12.00 and set a "market perform" rating for the company in a report on Thursday, March 13th. Barclays lowered American Eagle Outfitters from an "overweight" rating to an "equal weight" rating and cut their price objective for the stock from $17.00 to $10.00 in a report on Tuesday, March 11th. Finally, Morgan Stanley reduced their price objective on American Eagle Outfitters from $12.00 to $11.00 and set an "equal weight" rating for the company in a research report on Tuesday, May 6th. Eleven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $15.40.

American Eagle Outfitters 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.