Dimensional Fund Advisors LP Buys 413,193 Shares of American Eagle Outfitters, Inc. (NYSE:AEO)

Dimensional Fund Advisors LP boosted its stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 4.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,223,953 shares of the apparel retailer's stock after acquiring an additional 413,193 shares during the quarter. Dimensional Fund Advisors LP owned 5.32% of American Eagle Outfitters worth $170,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of AEO. Barclays PLC boosted its stake in shares of American Eagle Outfitters by 51.8% during the third quarter. Barclays PLC now owns 298,263 shares of the apparel retailer's stock valued at $6,679,000 after purchasing an additional 101,795 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in American Eagle Outfitters during the 3rd quarter valued at $141,000. Franklin Resources Inc. boosted its position in American Eagle Outfitters by 2.2% during the 3rd 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 period. Principal Financial Group Inc. grew its holdings in American Eagle Outfitters by 8.4% in the 3rd quarter. Principal Financial Group Inc. now owns 2,918,295 shares of the apparel retailer's stock worth $65,341,000 after acquiring an additional 226,821 shares during the last quarter. Finally, Nordea Investment Management AB purchased a new position in shares of American Eagle Outfitters in the fourth quarter valued at about $1,557,000. 97.33% of the stock is currently owned by institutional investors.

American Eagle Outfitters Stock Down 3.2 %

Shares of NYSE:AEO traded down $0.36 during midday trading on Tuesday, reaching $10.68. The company's stock had a trading volume of 1,631,315 shares, compared to its average volume of 5,188,647. American Eagle Outfitters, Inc. has a 12-month low of $9.45 and a 12-month high of $25.15. The firm has a market capitalization of $1.84 billion, a P/E ratio of 9.14, a PEG ratio of 0.82 and a beta of 1.40. The firm has a 50 day moving average of $11.69 and a 200-day moving average of $15.49.

American Eagle Outfitters Dividend Announcement

The firm also recently announced 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 of this dividend was Friday, April 11th. This represents a $0.50 annualized dividend and a dividend yield of 4.68%. American Eagle Outfitters's payout ratio is 29.76%.

Analyst Ratings Changes

AEO has been the topic of several recent analyst reports. StockNews.com cut American Eagle Outfitters from a "buy" rating to a "hold" rating in a research note on Wednesday, March 19th. Citigroup set a $13.00 target price on American Eagle Outfitters and gave the company a "neutral" rating in a research note on Tuesday, March 11th. UBS Group decreased their target price on American Eagle Outfitters from $32.00 to $28.00 and set a "buy" rating for the company in a report on Thursday, March 13th. Bank of America cut their price target on shares of American Eagle Outfitters from $18.00 to $13.00 and set a "neutral" rating on the stock in a report on Friday, March 14th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of American Eagle Outfitters from $15.00 to $10.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Eleven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, American Eagle Outfitters presently has an average rating of "Hold" and an average target price of $15.50.

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.